As of close of business last night, Vertex Energy Inc’s stock clocked out at $1.23, up 2.50% from its previous closing price of $1.20. In other words, the price has increased by $+0.0300 from its previous closing price. On the day, 3378861 shares were traded.
Ratios:
To gain a deeper understanding of VTNR’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future 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 114.09M and an Enterprise Value of 387.56M. 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 0.59. Its current Enterprise Value per Revenue stands at 0.12 whereas that against EBITDA is 34.68.
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 1.6136, while the 200-Day Moving Average is calculated to be 3.9353.
Shares Statistics:
It appears that VTNR traded 3.18M shares on average per day over the past three months and 2.24M shares per day over the past ten 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 45.68% stake in the company. Shares short for VTNR as of Feb 29, 2024 were 18.07M with a Short Ratio of 5.68, compared to 16.12M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 19.33% and a Short% of Float of 23.55%.
Earnings Estimates
As of right now, 6 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.18 for the current quarter, with a high estimate of $0.03 and a low estimate of -$0.38, while EPS last year was $0.68. The consensus estimate for the next quarter is -$0.1, with high estimates of $0.15 and low estimates of -$0.34.
Analysts are recommending an EPS of between $0.37 and -$1.34 for the fiscal current year, implying an average EPS of -$0.58. EPS for the following year is -$0.46, with 4 analysts recommending between $0.29 and -$1.46.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $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.
