In last trading session, Gevo, Inc. (NASDAQ:GEVO) saw 65,252,530 shares changing hands with its beta currently measuring 3.57. Company’s recent per share price level of $6.99 trading at $0.93 or 15.35% at ring of the bell on the day assigns it a market valuation of $899.18 Million. That closing price of GEVO’s stock is at a discount of -8.87% from its 52-week high price of $7.61 and is indicating a premium of 93.42% from its 52-week low price of $0.46. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 26.26 Million shares which gives us an average trading volume of 25.31 Million if we extend that period to 3-months.
For Gevo, Inc. (GEVO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2. Splitting up the data highlights that, out of 2 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. None suggested the stock as a Hold whereas 2 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.05 in the current quarter.
Gevo, Inc. (NASDAQ:GEVO) trade information
Upright in the green during last session for gaining 15.35%, in the last five days GEVO remained trading in the green while hitting it’s week-highest on Wednesday, Jan 13 when the stock touched $7.62-8 price level, adding 8.27% to its value on the day. Gevo, Inc.’s shares saw a change of 64.47% in year-to-date performance and have moved 59.23% in past 5-day. Gevo, Inc. (NASDAQ:GEVO) showed a performance of 288.33% in past 30-days. Number of shares sold short was 17.02 Million shares which calculate 0.67 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $5 to the stock, which implies targetted prices is already lagging behind -28.47% to its current value. Analysts have been projecting $5 as a low price target for the stock while placing it at a high target of $5. It follows that stock’s current price would jump -28.47% in reaching the projected high whereas dropping to the targeted low would mean a loss of -28.47% for stock’s current value.
Gevo, Inc. (GEVO) estimates and forecasts
Statistics highlight that Gevo, Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company added +1061.9% of value to its shares in past 6 months, showing an annual growth rate of 64.44% while that of industry is 3.4. Apart from that, the company came raising its revenue forecast for fiscal year 2021. The company is estimating its revenue growth to increase by 90% in the current quarter and calculating 92.2% increase in the next quarter. This year revenue growth is estimated to drop -76.5% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $750Million for the same. And 1 analysts are in estimates of company making revenue of $150Million in the next quarter that will end on March 01, 2021. Company posted $6.89 Million and $3.83 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to drop by -89.1% while estimating it to be -96.1% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 0% during past 5 years. In 2021, company’s earnings growth rate is likely to be around 59% while estimates for its earnings growth in next 5 years are of 25%
Gevo, Inc. (NASDAQ:GEVO)’s Major holders
Insiders are in possession of 4.06% of company’s total shares while institution are holding 17.9% percent of that, with stock having share float percentage of 18.66%. Investors also watch the number of corporate investors in a company very closely, which is 38 institutions for Gevo, Inc. that are currently holding shares of the company. Vanguard Group, Inc. (The) is the top institutional holder at GEVO for having 8.2 Million shares of worth $8.2 Million. And as of September 29, 2020, it was holding 6.67% of the company’s outstanding shares.
The second largest institutional holder is Renaissance Technologies, LLC, which was holding about 627.6 Thousand shares on September 29, 2020. The number of shares represents firm’s hold over 0.51% of outstanding shares, having a total worth of $627.35 Thousand.
On the other hand, Vanguard Total Stock Market Index Fund and Fidelity NASDAQ Composite Index Fund are the top two Mutual Funds which own company’s shares. As of September 29, 2020, the former fund manager was holding 7387246 shares of worth $7.38 Million or 6.01% of the total outstanding shares. The later fund manager was in possession of 313.58 Thousand shares on November 29, 2020, making its stake of worth around $627.17 Thousand in the company or a holder of 0.26% of company’s stock.
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