In the last trading session, 2.04 million Vertex Energy Inc (NASDAQ:VTNR) shares changed hands as the company’s beta touched 1.56. With the company’s per share price at $1.37 changed hands at $0.07 or 5.38% during last session, the market valuation stood at $128.11M. VTNR’s last price was a discount, traded about -476.64% off its 52-week high of $7.90. The share price had its 52-week low at $0.95, which suggests the last value was 30.66% up since then. When we look at Vertex Energy Inc’s average trading volume, we note the 3-month average coming to 2.39 million.

Vertex Energy Inc (NASDAQ:VTNR) trade information

Instantly VTNR was in green as seen at the end of in last trading. With action 7.87%, the performance over the past five days has been green. The jump to weekly highs of 1.4200 added 5.38% to the stock’s daily price. The company’s shares are showing year-to-date downside of -59.59%, with the 5-day performance at 7.87% in the green. However, in the 30-day time frame, Vertex Energy Inc (NASDAQ:VTNR) is 4.58% up.

Vertex Energy Inc (VTNR) estimates and forecasts

Data shows that the Vertex Energy Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -67.69% over the past 6 months, a 70.75% in annual growth rate that is considerably higher than the industry average of 18.60%. Moreover, analysts have looked to lower expectations by upgrading its fiscal year 2024 revenue estimates. The rating firms predict current quarter revenue for Vertex Energy Inc will fall -122.10%, while the growth in revenue is estimated to hit 91.30% for the next quarter. Year-over-year growth is forecast to reach -1.60% down from the last financial year.

Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of $690.82 million. 7 analysts are of the opinion that Vertex Energy Inc’s revenue for the quarter ending Jun 2024 will be $788.11 million. The company’s revenue for the corresponding quarters a year ago was $754.25 million and $734.89 million respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -8.40%. The estimates for the next quarter sales put growth at 7.20%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -45.16%. The 2024 estimates are for Vertex Energy Inc earnings to increase by 63.46%, but the outlook for the next 5-year period is at 20.00% per year.

VTNR Dividends

Vertex Energy Inc is expected to release its next quarterly earnings report in June.