In today’s recent session, 3.25 million shares of the Gevo Inc (NASDAQ:GEVO) have been traded, and its beta is 2.98. Most recently the company’s share price was $3.01, and it changed around $0.05 or 1.52% from the last close, which brings the market valuation of the company to $719.61M. GEVO at last check was trading at a discount to its 52-week high of $3.39, offering almost -12.62% off that amount. The share price’s 52-week low was $0.48, which indicates that the recent value has risen by an impressive 84.05% since then. We note from Gevo Inc’s average daily trading volume that its 10-day average is 15.61 million shares, with the 3-month average coming to 7.02 million.

Gevo Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 2 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended GEVO as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. Gevo Inc is expected to report earnings per share of -0.07 for the current quarter.

Gevo Inc (NASDAQ:GEVO) trade information

Instantly GEVO has been showing a green trend so far today with a performance of 1.52% on intraday trading today. The performance over the last five days has remained in the red territory. The rise to weekly highs of 3.39 on recent trading dayincreased the stock’s daily price by 11.21%. The company’s shares are currently up 159.05% year-to-date, but still down -8.66% over the last five days. On the other hand, Gevo Inc (NASDAQ:GEVO) is 75.73% up in the 30-day period. We can see from the shorts that 30.69 million shares have been sold at a short interest cover period of 3.6 day(s).

The consensus price target as assigned by Wall Street analysts is $2.25, which translates to bulls needing to decrease their stock price by -33.78% from its current value. Analyst projections state that GEVO is forecast to be at a low of $1.5 and a high of $5.

Gevo Inc (GEVO) estimates and forecasts

Gevo Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 321.81 percent over the past six months and at a -21.43% annual growth rate that is well below the industry average of -3.60%. The year-over-year growth rate is expected to be 16.30%, up from the previous year.

Consensus estimates provided by 2 financial analysts predict the company will bring in an average of 5.42M in revenue for the current quarter. 2 analysts expect Gevo Inc to make 5.34M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 4.53M and 4.37M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 19.70%. Forecasts for the next quarter put sales growth at 22.10%.

Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 45.44%. Gevo Inc earnings are expected to increase by -12.93% in 2024, but the outlook is positive 25.00% per year for the next five years.

GEVO Dividends

Gevo Inc’s next quarterly earnings report is expected to be released on 2024-Nov-07.

Gevo Inc (NASDAQ:GEVO)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 4.36% of Gevo Inc shares, and 23.88% of them are in the hands of institutional investors. The stock currently has a share float of 24.96%. Gevo Inc stock is held by 142.0 institutions, with VANGUARD GROUP INC being the largest institutional investor. By 2024-06-30, it held 7.1889% of the shares, which is about 17.31 million shares worth $9.65 million.

MILLENNIUM MANAGEMENT LLC, with 2.1523% or 5.18 million shares worth $2.89 million as of 2024-06-30, holds the second largest percentage of outstanding shares.