Is Aemetis Inc (NASDAQ: AMTX) A Disaster Waiting To Happen Or Is It A Chance To Make Money?

In the latest trading session, 0.5 million Aemetis Inc (NASDAQ:AMTX) shares changed hands as the company’s beta touched 1.28. With the company’s most recent per share price at $3.59 changing hands around $0.24 or 7.13% at last look, the market valuation stands at $186.96M. AMTX’s current price is a discount, trading about -95.82% off its 52-week high of $7.03. The share price had its 52-week low at $2.10, which suggests the last value was 41.5% up since then. When we look at Aemetis Inc’s average trading volume, we note the 10-day average is 0.59 million shares, with the 3-month average coming to 540.01K.

Analysts gave the Aemetis Inc (AMTX) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.60. If we narrow down to specifics, the data shows that 2 out of 8 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended AMTX as a Hold, 6 felt it is a Buy and 0 rated the stock as Underweight. Aemetis Inc’s EPS for the current quarter is expected to be -0.42.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Aemetis Inc (NASDAQ:AMTX) trade information

Instantly AMTX is in green as seen in intraday trades today. With action 28.17%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -31.51%, with the 5-day performance at 28.17% in the green. However, in the 30-day time frame, Aemetis Inc (NASDAQ:AMTX) is 29.09% up. Looking at the short shares, we see there were 6.99 million shares sold at short interest cover period of 10.98 days.

The consensus price target for the stock as assigned by Wall Street analysts is 3.88, meaning bulls need an upside of 7.47% from its recent market value. According to analyst projections, AMTX’s forecast low is 3.5 with 4.25 as the target high. To hit the forecast high, the stock’s price needs a -18.38% plunge from its current level, while the stock would need to tank 2.51% for it to hit the projected low.

Aemetis Inc (AMTX) estimates and forecasts

Data shows that the Aemetis Inc share is performing relatively much not better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -10.50% over the past 6 months, a -72.13% in annual growth rate that is considerably lower than the industry average of -47.50%. Year-over-year growth is forecast to reach 61.40% up from the last financial year.

Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 75.76M. 5 analysts are of the opinion that Aemetis Inc’s revenue for the current quarter will be 86.35M. The company’s revenue for the corresponding quarters a year ago was 68.69M and 70.76M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 10.30%. The estimates for the next quarter sales put growth at 22.00%.

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.64%. The 2024 estimates are for Aemetis Inc earnings to decrease by -59.72%.

AMTX Dividends

Aemetis Inc is expected to release its next quarterly earnings report on 2024-Nov-12.

Aemetis Inc (NASDAQ:AMTX)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 8.40% of Aemetis Inc shares while 23.20% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 25.32%. There are 23.20% institutions holding the Aemetis Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 5.4302% of the shares, roughly 2.27 million AMTX shares worth $6.85 million.

GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC holds the second largest percentage of outstanding shares, with 4.5152% or 1.89 million shares worth $5.69 million as of 2024-06-30.