In the last trading session, 1.14 million Green Plains Inc (NASDAQ:GPRE) shares changed hands as the company’s beta touched 1.45. With the company’s per share price at $9.15 changed hands at -$0.32 or -3.38% during last session, the market valuation stood at $591.56M. GPRE’s last price was a discount, traded about -175.85% off its 52-week high of $25.24. The share price had its 52-week low at $8.81, which suggests the last value was 3.72% up since then. When we look at Green Plains Inc’s average trading volume, we note the 10-day average is 1.39 million shares, with the 3-month average coming to 1.22 million.
Analysts gave the Green Plains Inc (GPRE) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.67. If we narrow down to specifics, the data shows that 0 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended GPRE as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Green Plains Inc’s EPS for the current quarter is expected to be -0.22.
Green Plains Inc (NASDAQ:GPRE) trade information
Instantly GPRE was in red as seen at the end of in last trading. With action -8.86%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -3.48%, with the 5-day performance at -8.86% in the red. However, in the 30-day time frame, Green Plains Inc (NASDAQ:GPRE) is -15.98% down. Looking at the short shares, we see there were 6.49 million shares sold at short interest cover period of 5.52 days.
The consensus price target for the stock as assigned by Wall Street analysts is 18, meaning bulls need an upside of 49.17% from its current market value. According to analyst projections, GPRE’s forecast low is 17 with 28 as the target high. To hit the forecast high, the stock’s price needs a -206.01% plunge from its current level, while the stock would need to soar -85.79% for it to hit the projected low.
Green Plains Inc (GPRE) estimates and forecasts
Data shows that the Green Plains Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot -43.27% over the past 6 months, a 70.48% in annual growth rate that is considerably higher than the industry average of 9.80%. Year-over-year growth is forecast to reach -23.66% down from the last financial year.
Consensus estimates given by 7 financial analysts project the company’s revenue in the current quarter to hit an average of 646.29M. 6 analysts are of the opinion that Green Plains Inc’s revenue for the current quarter will be 669.18M. The company’s revenue for the corresponding quarters a year ago was 712.39M and 597.21M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -9.28%. The estimates for the next quarter sales put growth at 12.05%.
The 2025 estimates are for Green Plains Inc earnings to increase by 50.91%.
GPRE Dividends
Green Plains Inc is expected to release its next quarterly earnings report in February. During the past 5 years, the average dividend yield was 2.59 per year.
Green Plains Inc (NASDAQ:GPRE)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 2.83% of Green Plains Inc shares while 101.82% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 104.79%. There are 101.82% institutions holding the Green Plains Inc stock share, with BLACKROCK INC. the top institutional holder. As of 2024-06-30, the company held 15.7471% of the shares, roughly 10.07 million GPRE shares worth $159.67 million.
GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC holds the second largest percentage of outstanding shares, with 9.4913% or 6.07 million shares worth $96.24 million as of 2024-06-30.
Among Mutual Funds, the top two as of Oct 31, 2024 were iShares Core S&P Smallcap ETF and GMO Resources Fund . With 4.09 shares estimated at $37.47 million under it, the former controlled 6.33% of total outstanding shares. On the other hand, GMO Resources Fund held about 3.17% of the shares, roughly 2.05 shares worth around $18.73 million.
