Gevo Inc (NASDAQ:GEVO) Shares Rebounded 79.66% From Their Lows – But Can They Continue?

In recent trading session, Gevo Inc (NASDAQ:GEVO) saw 2.99 million shares changing hands at last check today with its beta currently measuring 2.75. Company’s recent per share price level of $2.36 trading at $0.03 or 1.07% at last check today assigns it a market valuation of $563.81M. That most recent trading price of GEVO’s stock is at a discount of -43.64% from its 52-week high price of $3.39 and is indicating a premium of 79.66% 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 15.56 million shares which gives us an average trading volume of 8.82 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 -0.07 in the current quarter.

Gevo Inc (NASDAQ:GEVO) trade information

Upright in the green today for gaining 1.07%, in the last five days GEVO remained trading in the green while hitting it’s week-highest on Monday, 01/06/25 when the stock touched $2.36 price level, adding 20.81% to its value on the day. Gevo Inc’s shares saw a change of 12.68% in year-to-date performance and have moved 1.51% in past 5-day. Gevo Inc (NASDAQ:GEVO) showed a performance of 57.00% in past 30-days. Number of shares sold short was 27.69 million shares which calculate 6.98 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 -4.89% to its recent value today. 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 36.44% in reaching the projected high whereas dropping to the targeted low would mean a gain of 36.44% 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 295.80% of value to its shares in past 6 months, showing an annual growth rate of -17.86% while that of industry is -3.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2025. This year revenue growth is estimated to fall -11.84% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.95M for the same. And 1 analysts are in estimates of company making revenue of 6.49M in the next quarter. Company posted 4.37M and 3.99M 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 2025, company’s earnings growth rate is likely to be around -15.71% 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 18.63 percent of that, with stock having share float percentage of 19.48%. Investors also watch the number of corporate investors in a company very closely, which is 18.63% 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.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Energy Index Fund are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024, the former fund manager was holding 8.17 shares of worth $19.21 million or 3.41% of the total outstanding shares. The later fund manager was in possession of 4.89 shares on Aug 31, 2024, making its stake of worth around $11.49 million in the company or a holder of 2.04% of company’s stock.