HC Wainwright Expects Stronger Earnings for Alto Ingredients

Alto Ingredients, Inc. (NASDAQ:ALTO) – Equities researchers at HC Wainwright lifted their FY2025 EPS estimates for Alto Ingredients in a research report issued to clients and investors on Thursday, November 6th. HC Wainwright analyst A. Dayal now expects that the company will earn ($0.10) per share for the year, up from their previous estimate of ($0.37). The consensus estimate for Alto Ingredients’ current full-year earnings is ($0.37) per share. HC Wainwright also issued estimates for Alto Ingredients’ Q4 2025 earnings at $0.02 EPS.

Several other research firms have also issued reports on ALTO. Wall Street Zen upgraded Alto Ingredients from a “sell” rating to a “hold” rating in a report on Saturday. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Alto Ingredients in a research report on Wednesday, November 5th. Finally, Zacks Research upgraded Alto Ingredients from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. One analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $5.50.

Alto Ingredients Trading Up 9.9%

Alto Ingredients stock opened at $1.78 on Monday. The company has a market cap of $137.77 million, a price-to-earnings ratio of -1.93 and a beta of 0.62. The firm has a 50-day moving average of $1.15 and a 200-day moving average of $1.09. The company has a debt-to-equity ratio of 0.57, a current ratio of 3.52 and a quick ratio of 2.25. Alto Ingredients has a one year low of $0.76 and a one year high of $1.93.

Alto Ingredients (NASDAQ:ALTO) last issued its quarterly earnings results on Wednesday, November 5th. The company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.06) by $0.25. Alto Ingredients had a negative net margin of 7.16% and a negative return on equity of 18.78%. The firm had revenue of $240.99 million for the quarter, compared to analyst estimates of $235.68 million.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in ALTO. JPMorgan Chase & Co. increased its holdings in shares of Alto Ingredients by 2,539,250.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 50,787 shares of the company’s stock worth $58,000 after acquiring an additional 50,785 shares during the last quarter. Corsair Capital Management L.P. lifted its holdings in Alto Ingredients by 67.7% during the 2nd quarter. Corsair Capital Management L.P. now owns 50,500 shares of the company’s stock valued at $58,000 after purchasing an additional 20,383 shares during the last quarter. OMERS ADMINISTRATION Corp bought a new position in Alto Ingredients during the first quarter worth $199,000. Empowered Funds LLC increased its holdings in shares of Alto Ingredients by 8.5% in the first quarter. Empowered Funds LLC now owns 275,552 shares of the company’s stock valued at $314,000 after purchasing an additional 21,626 shares during the last quarter. Finally, Bridgeway Capital Management LLC raised its position in shares of Alto Ingredients by 5.9% in the second quarter. Bridgeway Capital Management LLC now owns 487,059 shares of the company’s stock valued at $560,000 after purchasing an additional 27,007 shares during the period. 42.44% of the stock is currently owned by institutional investors.

About Alto Ingredients

Alto Ingredients, Inc produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Campus Production, and Western Production. It offers specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and cleaners for health, home, and beauty markets; grain neutral spirits used in alcoholic beverages and vinegar, as well as corn germ used in corn oils in the food and beverage markets; alcohols and other products for paint applications and fertilizers in the industrial and agriculture markets; and essential ingredients include dried yeast, corn protein meal, corn protein feed, distiller's grains, and liquid feed for commercial animal feed and pet food applications, as well as yeast for human consumption.