Gevo Inc. (GEVO): What is good about stock? – Marketing Sentinel

Gevo Inc. (GEVO): What is good about stock?

Gevo Inc. (NASDAQ:GEVO) has a beta value of 3.23 and has seen 9,154,312 shares traded in the last trading session. The company, currently valued at $1.34 Billion, closed the last trade at $6.78 per share which meant it lost -$0.19 on the day or -2.73% during that session. The GEVO stock price is -129.65% off its 52-week high price of $15.57 and 93.22% above the 52-week low of $0.46. If we look at the company’s 10-day average daily trading volume, we find that it stood at 17.25 Million shares traded. The 3-month trading volume is 31.08 Million shares.

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The consensus among analysts is that Gevo Inc. (GEVO) 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 2 have rated it as a Hold, with 2 advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is -$0.04.

Gevo Inc. (NASDAQ:GEVO) trade information

Despite being -2.73% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on Tuesday, Apr 27 when the GEVO stock price touched $7.43-8 or saw a rise of 8.75%. Year-to-date, Gevo Inc. shares have moved 59.53%, while the 5-day performance has seen it change 2.11%. Over the past 30 days, the shares of Gevo Inc. (NASDAQ:GEVO) have changed -22.25%. Short interest in the company has seen 21.93 Million shares shorted with days to cover at 0.71.

Wall Street analysts have a consensus price target for the stock at $17, which means that the shares’ value could jump 150.74% from current levels. The projected low price target is $16 while the price target rests at a high of $18. In that case, then, we find that the current price level is +165.49% off the targeted high while a plunge would see the stock lose 135.99% from current levels.

Gevo Inc. (GEVO) estimates and forecasts

Figures show that Gevo Inc. shares have outperformed across the wider relevant industry. The company’s shares have gained +594.67% over the past 6 months, with this year growth rate of 78.87%, compared to 14.5% for the industry. Other than that, the company has, however Increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 93.8% and 92.5% for the next quarter. Revenue growth from the last financial year stood is estimated to be -60.1%.

2 analysts offering their estimates for the company have set an average revenue estimate of $340Million for the current quarter. 2 have an estimated revenue figure of $760Million for the next quarter concluding in June 01, 2021. Year-ago sales stood $3.83 Million and $988Million respectively for this quarter and the next, and analysts expect sales will grow by -91.1% for the current quarter and -23.1% for the next.

Earnings growth for 2021 is a modest +70% while over the next 5 years, the company’s earnings are expected to increase by 25%.


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Gevo Inc. (NASDAQ:GEVO)’s Major holders

Insiders own 2.54% of the company shares, while shares held by institutions stand at 10.59% with a share float percentage of 10.87%. Investors are also buoyed by the number of investors in a company, with Gevo Inc. having a total of 77 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc. (The) with over 4.6 Million shares worth more than $19.55 Million. As of December 30, 2020, Vanguard Group Inc. (The) held 2.32% of shares outstanding.

The other major institutional holder is Renaissance Technologies, LLC, with the holding of over 3.57 Million shares as of December 30, 2020. The firm’s total holdings are worth over $15.17 Million and represent 1.8% of shares outstanding.

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Also the top two Mutual Funds that are holding company’s shares are SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF and Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF. As of March 30, 2021, the former fund manager holds about 5.67% shares in the company for having 11229682 shares of worth $110.16 Million while later fund manager owns 4.11 Million shares of worth $40.35 Million as of March 30, 2021, which makes it owner of about 2.08% of company’s outstanding stock.

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