Gevo Inc. (NASDAQ:GEVO)’s traded shares stood at 1.72 million during the latest session, with the company’s beta value hitting 3.11. At the last check today, the stock’s price was $1.77, to imply an increase of 4.12% or $0.07 in intraday trading. The GEVO share’s 52-week high remains $5.49, putting it -210.17% down since that peak but still an impressive 12.43% since price per share fell to its 52-week low of $1.55. The company has a valuation of $381.91M, with an average of 7.64 million shares in intraday trading volume over the past 10 days and average of 6.41 million shares over the past 3 months.
Analysts have given a consensus recommendation of an Overweight for Gevo Inc. (GEVO), translating to a mean rating of 2.30. Of 4 analyst(s) looking at the stock, 0 analyst(s) give GEVO a Sell rating. 0 of those analysts rate the stock as Overweight while 2 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -$0.06.
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Gevo Inc. (NASDAQ:GEVO) trade information
After registering a 4.12% upside in the latest session, Gevo Inc. (GEVO) has traded red over the past five days. The stock hit a weekly high of 1.8800 this Wednesday, 03/15/23, jumping 4.12% in its intraday price action. The 5-day price performance for the stock is 9.94%, and -14.90% over 30 days. With these gigs, the year-to-date price performance is -6.84%. Short interest in Gevo Inc. (NASDAQ:GEVO) saw shorts transact 41.79 million shares and set a 7.17 days time to cover.
Gevo Inc. (GEVO) estimates and forecasts
Looking at statistics comparing Gevo Inc. share performance against respective industry, we note that the company has outperformed competitors. Gevo Inc. (GEVO) shares are -33.21% down over the last 6 months, with its year-to-date growth rate higher than industry average at 12.12% against -1.30%. Revenue is forecast to grow 25.00% this quarter before jumping 50.00% for the next one. The rating firms project that company’s revenue will grow 280.90% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is $1.92 million. Meanwhile, for the quarter ending Mar 2023, a total of 2 analyst(s) estimate revenue growth to $4.34 million.Earnings reports from the last fiscal year show that sales brought in $54k and $232k respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 3,455.60% before jumping 1,770.70% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 72.50% for the past 5-year period. While 2023 is set for a 57.20% return in earnings, projections for the next 5 years are at 25.00% annually.
GEVO Dividends
Gevo Inc. has its next earnings report out between May 08 and May 12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Gevo Inc. has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.
Gevo Inc. (NASDAQ:GEVO)’s Major holders
Gevo Inc. insiders hold 2.99% of total outstanding shares, with institutional holders owning 51.87% of the shares at 53.47% float percentage. In total, 51.87% institutions holds shares in the company, led by Blackrock Inc. As of Sep 29, 2022, the company held over 25.42 million shares (or 10.72% of shares), all amounting to roughly $57.96 million.
The next major institution holding the largest number of shares is State Street Corporation with 25.41 million shares, or about 10.71% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $57.93 million.
We also have SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Gevo Inc. (GEVO) shares. Going by data provided on Dec 30, 2022, SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF holds roughly 21.9 million shares. This is just over 9.23% of the total shares, with a market valuation of $41.61 million. Data from the same date shows that the other fund manager holds a little less at 6.64 million, or 2.80% of the shares, all valued at about 15.14 million.