In the latest trading session, 1.54 million Gevo Inc (NASDAQ:GEVO) shares changed hands as the company’s beta touched 2.71. With the company’s most recent per share price at $1.46 changed hands at -$0.06 or -4.28% at last look, the market valuation stands at $348.34M. GEVO’s current price is a discount, trading about -132.19% off its 52-week high of $3.39. The share price had its 52-week low at $0.48, which suggests the last value was 67.12% up since then.
Analysts gave the Gevo Inc (GEVO) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 1 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended GEVO as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Gevo Inc’s EPS for the current quarter is expected to be -0.09.
Gevo Inc (NASDAQ:GEVO) trade information
Instantly GEVO was in red as seen in intraday trades today. With action -16.38%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -30.38%, with the 5-day performance at -16.38% in the red. However, in the 30-day time frame, Gevo Inc (NASDAQ:GEVO) is -18.26% down.
The consensus price target for the stock as assigned by Wall Street analysts is 2.25, meaning bulls need an upside of 35.11% from its recent market value. According to analyst projections, GEVO’s forecast low is 1.5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -242.47% plunge from its current level, while the stock would need to soar -2.74% for it to hit the projected low.
Gevo Inc (GEVO) estimates and forecasts
Year-over-year growth is forecast to reach -10.89% down from the last financial year.
Consensus estimates given by 3 financial analysts project the company’s revenue in the current quarter to hit an average of 3.85M. 2 analysts are of the opinion that Gevo Inc’s revenue for the current quarter will be 31.81M. The company’s revenue for the corresponding quarters a year ago was 4.37M and 3.99M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -11.98%. The estimates for the next quarter sales put growth at 697.22%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 45.44%. The 2025 estimates are for Gevo Inc earnings to decrease by -32.67%, but the outlook for the next 5-year period is at -7.55% per year.
Gevo Inc (NASDAQ:GEVO)’s Major holders
MILLENNIUM MANAGEMENT LLC holds the second largest percentage of outstanding shares, with 2.1523% or 5.18 million shares worth $2.89 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Energy Index Fund. With 8.17 shares estimated at $11.77 million under it, the former controlled 3.41% of total outstanding shares. On the other hand, Vanguard Energy Index Fund held about 1.93% of the shares, roughly 4.61 shares worth around $6.64 million.
