The price of Vertex Energy Inc (NASDAQ: VTNR) closed at $1.29 in the last session, down -3.01% from day before closing price of $1.33. In other words, the price has decreased by -$0.0400 from its previous closing price. On the day, 2631704 shares were traded.
Ratios:
We take a closer look at VTNR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.52 and its Current Ratio is at 1.07. In the meantime, Its Debt-to-Equity ratio is 2.50 whereas as Long-Term Debt/Eq ratio is at 1.59.
On December 19, 2023, Stifel Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $4.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 10 ’23 when Stratton Christopher Allen sold 100,000 shares for $3.93 per share. The transaction valued at 392,600 led to the insider holds 88,405 shares of the business.
Rhame James Gary bought 4,000 shares of VTNR for $25,310 on May 12 ’23. The Chief Operating Officer now owns 14,648 shares after completing the transaction at $6.33 per share. On Apr 19 ’23, another insider, Cowart Benjamin P, who serves as the CEO and President of the company, sold 66,666 shares for $8.00 each. As a result, the insider received 533,328 and left with 5,450,608 shares of the company.
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 120.63M and an Enterprise Value of 394.11M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.04 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 0.12 whereas that against EBITDA is 35.26.
Stock Price History:
Over the past 52 weeks, VTNR has reached a high of $10.80, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is 1.7990, while the 200-Day Moving Average is calculated to be 4.0722.
Shares Statistics:
According to the various share statistics, VTNR traded on average about 3.37M shares per day over the past 3-months and 3.49M shares per day over the past 10 days. A total of 93.51M shares are outstanding, with a floating share count of 84.66M. Insiders hold about 9.47% of the company’s shares, while institutions hold 45.35% stake in the company. Shares short for VTNR as of Feb 15, 2024 were 18.11M with a Short Ratio of 5.38, compared to 18.72M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 19.37% and a Short% of Float of 23.61%.
Earnings Estimates
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.11 for the current quarter, with a high estimate of $0.34 and a low estimate of -$0.38, while EPS last year was $0.68. The consensus estimate for the next quarter is -$0.08, with high estimates of $0.16 and low estimates of -$0.34.
Analysts are recommending an EPS of between $0.46 and -$1.34 for the fiscal current year, implying an average EPS of -$0.28. EPS for the following year is -$0.46, with 4 analysts recommending between $0.29 and -$1.46.
Revenue Estimates
According to 7 analysts, the current quarter’s revenue is expected to be $659.58M. It ranges from a high estimate of $743.45M to a low estimate of $599.2M. As of the current estimate, Vertex Energy Inc’s year-ago sales were $754.25M, an estimated decrease of -12.60% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $764.61M, an increase of 4.00% over than the figure of -$12.60% in the same quarter last year. There is a high estimate of $816.8M for the next quarter, whereas the lowest estimate is $720.3M.
A total of 7 analysts have provided revenue estimates for VTNR’s current fiscal year. The highest revenue estimate was $3.21B, while the lowest revenue estimate was $2.69B, resulting in an average revenue estimate of $3.02B. In the same quarter a year ago, actual revenue was $3.18B, down -4.90% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $3.31B in the next fiscal year. The high estimate is $3.53B and the low estimate is $3.16B. The average revenue growth estimate for next year is up 9.60% from the average revenue estimate for this year.
