During the last session, Gevo Inc (NASDAQ:GEVO)’s traded shares were 4.78 million, with the beta value of the company hitting 2.88. At the end of the trading day, the stock’s price was $1.38, reflecting an intraday loss of -3.50% or -$0.05. The 52-week high for the GEVO share is $3.39, that puts it down -145.65 from that peak though still a striking 65.22% gain since the share price plummeted to a 52-week low of $0.48. The company’s market capitalization is $330.38M, and the average intraday trading volume over the past 10 days was 6.84 million shares, and the average trade volume was 8.45 million shares over the past three months.
Gevo Inc (GEVO) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 2.00. GEVO has a Sell rating from 1 analyst(s) out of 2 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.08.
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Gevo Inc (NASDAQ:GEVO) trade information
Gevo Inc (GEVO) registered a -3.50% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.50% in intraday trading to $1.38, hitting a weekly high. The stock’s 5-day price performance is -2.82%, and it has moved by -54.15% in 30 days. Based on these gigs, the overall price performance for the year is 11.29%. The short interest in Gevo Inc (NASDAQ:GEVO) is 32.04 million shares and it means that shorts have 3.08 day(s) to cover.
The consensus price target of analysts on Wall Street is $2.25, which implies an increase of 38.67% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $1.5 and $5 respectively. As a result, GEVO is trading at a discount of -262.32% off the target high and -8.7% off the low.
Gevo Inc (GEVO) estimates and forecasts
Statistics show that Gevo Inc has underperformed its competitors in share price, compared to the industry in which it operates. Gevo Inc (GEVO) shares have gone up 94.37% during the last six months, with a year-to-date growth rate less than the industry average at -21.43% against -7.00. In the rating firms’ projections, revenue will decrease -23.21% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.99M as predicted by 1 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 6.12M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 4.37M and 3.99M respectively. In this case, analysts expect current quarter sales to shrink by -54.44% and then jump by 53.29% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 45.44%. While earnings are projected to return -9.36% in 2024, the next five years will return 25.00% per annum.
GEVO Dividends
Gevo Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Gevo Inc (NASDAQ:GEVO)’s Major holders
Gevo Inc insiders own 4.35% of total outstanding shares while institutional holders control 18.73%, with the float percentage being 19.59%. VANGUARD GROUP INC is the largest shareholder of the company, while 127.0 institutions own stock in it. As of 2024-06-30, the company held over 17.31 million shares (or 7.1889% of all shares), a total value of $9.65 million in shares.
The next largest institutional holding, with 5.18 million shares, is of MILLENNIUM MANAGEMENT LLC’s that is approximately 2.1523% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.89 million.