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In the latest session, Vertex Energy Inc (NASDAQ: VTNR) closed at $0.46 up 0.74% from its previous closing price of $0.46. In other words, the price has increased by $0.74 from its previous closing price. On the day, 1.12 million shares were traded. VTNR stock price reached its highest trading level at $0.4834 during the session, while it also had its lowest trading level at $0.46.
Ratios:
For a deeper understanding of Vertex Energy Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.56. In the meantime, Its Debt-to-Equity ratio is 3.68 whereas as Long-Term Debt/Eq ratio is at 1.13.
On January 24, 2024, Northland Capital Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $2.
Stifel Downgraded its Buy to Hold on December 19, 2023, while the target price for the stock was maintained at $4.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Apr 10 ’24 when Khoury Odeh sold 2,250 shares for $1.16 per share. The transaction valued at 2,610 led to the insider holds 17,784 shares of the business.
Stratton Christopher Allen sold 100,000 shares of VTNR for $392,600 on Nov 10 ’23. The Director now owns 88,405 shares after completing the transaction at $3.93 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, VTNR now has a Market Capitalization of 43334528 and an Enterprise Value of 491597536. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.01 while its Price-to-Book (P/B) ratio in mrq is 0.34. Its current Enterprise Value per Revenue stands at 0.154 whereas that against EBITDA is -32.823.
Stock Price History:
Over the past 52 weeks, VTNR has reached a high of $5.40, while it has fallen to a 52-week low of $0.39. The 50-Day Moving Average of the stock is -39.50%, while the 200-Day Moving Average is calculated to be -71.93%.
Shares Statistics:
For the past three months, VTNR has traded an average of 2.36M shares per day and 1916210 over the past ten days. A total of 93.51M shares are outstanding, with a floating share count of 85.73M. Insiders hold about 8.32% of the company’s shares, while institutions hold 29.78% stake in the company. Shares short for VTNR as of 1722384000 were 12256946 with a Short Ratio of 5.18, compared to 1719532800 on 17993051. Therefore, it implies a Short% of Shares Outstanding of 12256946 and a Short% of Float of 14.280000000000001.
Earnings Estimates
The market rating for Vertex Energy Inc (VTNR) is a result of the insights provided by 2.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is -$0.2, with high estimates of -$0.13 and low estimates of -$0.28.
Analysts are recommending an EPS of between -$1.01 and -$1.33 for the fiscal current year, implying an average EPS of -$1.17. EPS for the following year is -$0.01, with 1.0 analysts recommending between -$0.01 and -$0.01.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $534.2M this quarter.It ranges from a high estimate of $547M to a low estimate of $521.41M. As of the current estimate, Vertex Energy Inc’s year-ago sales were $1.02BFor the next quarter, 2 analysts are estimating revenue of $677.37M. There is a high estimate of $688.74M for the next quarter, whereas the lowest estimate is $666M.
A total of 2 analysts have provided revenue estimates for VTNR’s current fiscal year. The highest revenue estimate was $2.66B, while the lowest revenue estimate was $2.66B, resulting in an average revenue estimate of $2.66B. In the same quarter a year ago, actual revenue was $3.18BBased on 1 analysts’ estimates, the company’s revenue will be $2.78B in the next fiscal year. The high estimate is $2.78B and the low estimate is $2.78B.
