Pacific Ethanol, Inc. (NASDAQ:PEIX) has a beta value of 2.79 and has seen 10,660,449 shares traded in the last trading session. The company, currently valued at $130.38 Million, closed the last trade at $2.35 per share which meant it lost $0 on the day or 0% during that session. The PEIX stock price is -18.3% off its 52-week high price of $2.78 and 90.64% above the 52-week low of $0.22. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.72 Million shares traded. The 3-month trading volume is 1.77 Million shares.
The consensus among analysts is that Pacific Ethanol, Inc. (PEIX) is a Buy stock at the moment, with a recommendation rating of 2. None of the analysts rate the stock as a Sell, while none rate it as Overweight. None out of 1 have rated it as a Hold, with 1 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.2.
Pacific Ethanol, Inc. (NASDAQ:PEIX) trade information
Despite being 0% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Jul 31 when the PEIX stock price touched $2.78-1 or saw a rise of 15.47%. Year-to-date, Pacific Ethanol, Inc. shares have moved 261.54%, while the 5-day performance has seen it change 121.7%. Over the past 30 days, the shares of Pacific Ethanol, Inc. (NASDAQ:PEIX) have changed 231.03%. Short interest in the company has seen 177.58 Million shares shorted with days to cover at 100.33.
Wall Street analysts have a consensus price target for the stock at $4, which means that the shares’ value could jump 70.21% from current levels. The projected low price target is $4 while the price target rests at a high of $4. In that case, then, we find that the current price level is +70.21% off the targeted high while a plunge would see the stock lose 70.21% from current levels.
Pacific Ethanol, Inc. (PEIX) estimates and forecasts
Figures show that Pacific Ethanol, Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +262.21% over the past 6 months, with this year growth rate of 327.86%, compared to -17.1% for the industry. Other than that, the company has, however, lowered its growth outlook for the 2020 fiscal year revenue. Growth estimates for the current quarter are -17.6% and 65.5% for the next quarter. Revenue growth from the last financial year stood is estimated to be -38.6%.
1 analysts offering their estimates for the company have set an average revenue estimate of $174.2 Million for the current quarter. 1 have an estimated revenue figure of $179.7 Million for the next quarter concluding in September 01, 2020. Year-ago sales stood $357.92 Million and $365.16 Million respectively for this quarter and the next, and analysts expect sales will grow by -51.3% for the current quarter and -50.8% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -33.4% over the past 5 years. Earnings growth for 2020 is a modest -34.2% while over the next 5 years, the company’s earnings are expected to increase by 20%.