In last trading session, Alto Ingredients Inc (NASDAQ:ALTO) saw 0.48 million shares changing hands with its beta currently measuring 1.57. Company’s recent per share price level of $1.32 trading at $0.0 or 0.00% at ring of the bell on the day assigns it a market valuation of $101.17M. That closing price of ALTO’s stock is at a discount of -81.82% from its 52-week high price of $2.40 and is indicating a premium of 10.61% from its 52-week low price of $1.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.58 million shares which gives us an average trading volume of 689.87K if we extend that period to 3-months.
For Alto Ingredients Inc (ALTO), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.2 in the current quarter.
Alto Ingredients Inc (NASDAQ:ALTO) trade information
Alto Ingredients Inc’s shares saw a change of -15.38% in year-to-date performance and have moved -12.00% in past 5-day. Alto Ingredients Inc (NASDAQ:ALTO) showed a performance of -12.58% in past 30-days. Number of shares sold short was 0.88 million shares which calculate 1.47 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 3.5 to the stock, which implies a rise of 62.29% to its current value. Analysts have been projecting 3.5 as a low price target for the stock while placing it at a high target of 3.5. It follows that stock’s current price would drop -165.15% in reaching the projected high whereas dropping to the targeted low would mean a loss of -165.15% for stock’s current value.
Alto Ingredients Inc (ALTO) estimates and forecasts
This year revenue growth is estimated to fall -1.98% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 222.19M for the same. And 2 analysts are in estimates of company making revenue of 234.62M in the next quarter. Company posted 240.63M and 236.47M 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 15.50% during past 5 years.
Alto Ingredients Inc (NASDAQ:ALTO)’s Major holders
Insiders are in possession of 6.62% of company’s total shares while institution are holding 41.55 percent of that, with stock having share float percentage of 44.50%. Investors also watch the number of corporate investors in a company very closely, which is 41.55% institutions for Alto Ingredients Inc that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at ALTO for having 3.55 million shares of worth $5.13 million. And as of 2024-06-30, it was holding 4.8792 of the company’s outstanding shares.
The second largest institutional holder is HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC, which was holding about 3.41 million shares on 2024-06-30. The number of shares represents firm’s hold over 4.6364 of outstanding shares, having a total worth of $4.92 million.
On the other hand, Vanguard Total Stock Market Index Fund and Schwab Strategic Tr-Schwab Fundamental U.S. Small Company Index ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.29 shares of worth $3.02 million or 2.98% of the total outstanding shares. The later fund manager was in possession of 1.16 shares on Nov 30, 2024 , making its stake of worth around $1.53 million in the company or a holder of 1.51% of company’s stock.
