In the last trading session, 1.93 million Gevo Inc (NASDAQ:GEVO) shares changed hands as the company’s beta touched 2.59. With the company’s per share price at $1.24 changed hands at $0.05 or 4.20% during last session, the market valuation stood at $296.87M. GEVO’s last price was a discount, traded about -173.39% 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 61.29% up since then. When we look at Gevo Inc’s average trading volume, we note the 10-day average is 3.36 million shares, with the 3-month average coming to 6.68 million.
Analysts gave the Gevo Inc (GEVO) stock a consensus recommendation rating of Hold, calculated at a mean rating of 1.67. 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 green as seen at the end of in last trading. With action -4.62%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -40.67%, with the 5-day performance at -4.62% in the red. However, in the 30-day time frame, Gevo Inc (NASDAQ:GEVO) is -31.49% down. Looking at the short shares, we see there were 32.2 million shares sold at short interest cover period of 6.64 days.
The consensus price target for the stock as assigned by Wall Street analysts is 2.25, meaning bulls need an upside of 44.89% from its current 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 -303.23% plunge from its current level, while the stock would need to soar -20.97% 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 increase by 40.25%, but the outlook for the next 5-year period is at 49.07% per year.
GEVO Dividends
Gevo Inc is expected to release its next quarterly earnings report on 2025-Mar-16.
Gevo Inc (NASDAQ:GEVO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 4.36% of Gevo Inc shares while 22.48% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 23.51%. There are 22.48% institutions holding the Gevo Inc stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 7.1889% of the shares, roughly 17.31 million GEVO shares worth $9.65 million.
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 Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Energy Index Fund . With 6.58 shares estimated at $8.16 million under it, the former controlled 2.75% 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 $5.72 million.
