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Benson Hill Inc. (NYSE: BHIL) Could shrink By -310.96% Or More

Benson Hill Inc. (NYSE:BHIL)’s traded shares stood at 1.17 million during the last session. At the close of trading, the stock’s price was $1.46, to imply a decrease of -5.81% or -$0.09 in intraday trading. The BHIL share’s 52-week high remains $5.85, putting it -300.68% down since that peak but still an impressive 8.22% since price per share fell to its 52-week low of $1.34. The company has a valuation of $319.26M, with an average of 0.63 million shares in intraday trading volume over the past 10 days and average of 463.02K shares over the past 3 months.

Analysts have given a consensus recommendation of an Overweight for Benson Hill Inc. (BHIL), translating to a mean rating of 2.00. Of 6 analyst(s) looking at the stock, 0 analyst(s) give BHIL a Sell rating. 1 of those analysts rate the stock as Overweight while 1 advise Hold as 4 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 -$0.18.

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Benson Hill Inc. (NYSE:BHIL) trade information

After registering a -5.81% downside in the last session, Benson Hill Inc. (BHIL) has traded red over the past five days. The stock hit a weekly high of 2.1500 this Friday, 03/17/23, dropping -5.81% in its intraday price action. The 5-day price performance for the stock is -28.08%, and -38.40% over 30 days. With these gigs, the year-to-date price performance is -42.75%. Short interest in Benson Hill Inc. (NYSE:BHIL) saw shorts transact 4.98 million shares and set a 11.29 days time to cover.

Analysts on Wall Street suggest a consensus price target of $4.21, implying an increase of 65.32% to the stock’s current value. The extremes give us $3.00 and $6.00 for target low and target high price respectively. As such, BHIL has been trading -310.96% off suggested target high and -105.48% from its likely low.

Benson Hill Inc. (BHIL) estimates and forecasts

Looking at statistics comparing Benson Hill Inc. share performance against respective industry, we note that the company has underperformed competitors. Benson Hill Inc. (BHIL) shares are -48.59% down over the last 6 months, with its year-to-date growth rate lower than industry average at -29.09% against 7.10%. Revenue is forecast to grow 47.10% this quarter before falling -80.00% for the next one. The rating firms project that company’s revenue will grow 166.70% compared to the previous financial year.

Revenue forecast for the current quarter as set by 5 analysts is $101.99 million. Meanwhile, for the quarter ending Mar 2023, a total of 4 analyst(s) estimate revenue growth to $91.46 million.Earnings reports from the last fiscal year show that sales brought in $43.72 million and $92.44 million respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 133.30% before dropping -1.10% in the following quarter.

BHIL Dividends

Benson Hill Inc. has its next earnings report out between May 15 and May 19. 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. Benson Hill 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%.

Benson Hill Inc. (NYSE:BHIL)’s Major holders

Benson Hill Inc. insiders hold 38.62% of total outstanding shares, with institutional holders owning 34.67% of the shares at 56.47% float percentage. In total, 34.67% institutions holds shares in the company, led by Blackrock Inc. As of Sep 29, 2022, the company held over 18.11 million shares (or 8.77% of shares), all amounting to roughly $49.61 million.

The next major institution holding the largest number of shares is Alphabet Inc. with 15.35 million shares, or about 7.44% of shares outstanding. As of the market price on Sep 29, 2022, these shares were worth $42.07 million.

We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Benson Hill Inc. (BHIL) shares. Going by data provided on Dec 30, 2022, iShares Russell 2000 ETF holds roughly 3.84 million shares. This is just over 1.86% of the total shares, with a market valuation of $9.79 million. Data from the same date shows that the other fund manager holds a little less at 3.33 million, or 1.61% of the shares, all valued at about 9.12 million.

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