In last trading session, Gevo Inc (NASDAQ:GEVO) saw 51.03 million shares changing hands with its beta currently measuring 3.01. Company’s recent per share price level of $2.65 trading at $0.4 or 17.78% at ring of the bell on the day assigns it a market valuation of $634.60M. That closing price of GEVO’s stock is at a premium of 13.96% from its 52-week high price of $2.28 and is indicating a premium of 81.89% from its 52-week low price of $0.48. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 11.67 million shares which gives us an average trading volume of 5.24 million if we extend that period to 3-months.
For Gevo Inc (GEVO), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.08 in the current quarter.
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Gevo Inc (NASDAQ:GEVO) trade information
Upright in the green during last session for gaining 17.78%, in the last five days GEVO remained trading in the green while hitting it’s week-highest on Thursday, 10/17/24 when the stock touched $2.65 price level, adding 14.52% to its value on the day. Gevo Inc’s shares saw a change of 128.45% in year-to-date performance and have moved 38.74% in past 5-day. Gevo Inc (NASDAQ:GEVO) showed a performance of 76.67% in past 30-days. Number of shares sold short was 28.53 million shares which calculate 3.56 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 2.25 to the stock, which implies a fall of -17.78% to its current value. Analysts have been projecting 1.5 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 43.4% in reaching the projected high whereas dropping to the targeted low would mean a gain of 43.4% for stock’s current value.
Gevo Inc (GEVO) estimates and forecasts
Statistics highlight that Gevo Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 339.98% of value to its shares in past 6 months, showing an annual growth rate of -21.43% while that of industry is -6.40. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 14.30% 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 5.39M for the same. And 2 analysts are in estimates of company making revenue of 5.31M in the next quarter. Company posted 4.53M and 4.37M of sales in current and next quarters respectively a year earlier.
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 45.44% during past 5 years. In 2024, company’s earnings growth rate is likely to be around -8.87% while estimates for its earnings growth in next 5 years are of 25.00%.
Gevo Inc (NASDAQ:GEVO)’s Major holders
Insiders are in possession of 4.36% of company’s total shares while institution are holding 23.89 percent of that, with stock having share float percentage of 24.98%. Investors also watch the number of corporate investors in a company very closely, which is 23.89% institutions for Gevo Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at GEVO for having 17.31 million shares of worth $9.65 million. And as of 2024-06-30, it was holding 7.1889 of the company’s outstanding shares.
The second largest institutional holder is MILLENNIUM MANAGEMENT LLC, which was holding about 5.18 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.1523 of outstanding shares, having a total worth of $2.89 million.
