Green Plains, Inc. (NASDAQ:GPRE – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the seven research firms that are covering the stock, Marketbeat.com reports. Four equities research analysts have rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is $17.00.
Several analysts have weighed in on the company. Wall Street Zen raised Green Plains from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. BMO Capital Markets reissued a “market perform” rating on shares of Green Plains in a research note on Friday, August 7th. Weiss Ratings raised Green Plains from a “sell (d-)” rating to a “hold (c)” rating in a research note on Tuesday, September 22nd. UBS Group reiterated a “neutral” rating on shares of Green Plains in a research note on Tuesday, August 25th. Finally, Zacks Research raised shares of Green Plains from a “hold” rating to a “strong-buy” rating in a report on Friday, October 23rd.
Read Our Latest Stock Analysis on Green Plains
Green Plains Stock Performance
Shares of GPRE opened at $13.72 on Monday. The firm has a fifty day moving average of $14.86 and a 200-day moving average of $15.15. The company has a market cap of $961.79 million, a price-to-earnings ratio of 8.63 and a beta of 1.15. The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.58 and a current ratio of 1.99. Green Plains has a 1 year low of $9.29 and a 1 year high of $19.65.
Green Plains (NASDAQ:GPRE – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The specialty chemicals company reported $0.83 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.29. Green Plains had a net margin of 6.78% and a return on equity of 14.52%. The firm had revenue of $446.22 million for the quarter, compared to the consensus estimate of $542.38 million. During the same period last year, the firm posted ($1.09) EPS. As a group, equities analysts anticipate that Green Plains will post 2.31 earnings per share for the current year.
Hedge Funds Weigh In On Green Plains
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Nykredit A S purchased a new stake in shares of Green Plains in the second quarter valued at $27,000. Integrated Wealth Concepts LLC purchased a new position in shares of Green Plains during the second quarter valued at $28,000. Virtus Advisers LLC purchased a new position in shares of Green Plains during the second quarter valued at $158,000. Nisa Investment Advisors LLC raised its position in Green Plains by 21.6% during the third quarter. Nisa Investment Advisors LLC now owns 10,773 shares of the specialty chemicals company’s stock valued at $162,000 after buying an additional 1,913 shares during the period. Finally, State of Wyoming acquired a new position in Green Plains during the second quarter valued at $163,000.
About Green Plains
Green Plains Inc is a renewable fuels and agricultural technology company headquartered in Omaha, Nebraska. The company operates biorefineries in the central United States that convert corn into renewable, low-carbon products, including ethanol, animal feed ingredients and corn oil.
Its product portfolio includes fuel-grade ethanol for blending into gasoline, distillers grains and other feed products for livestock and aquaculture, and corn oil used in feed and renewable fuel applications.
Read More
- Five stocks we like better than Green Plains
- Boeing Got Its MAX 10 Approval, But Q3 Delivered a Reality Check
- The Invisible AI Backbone: Corning’s AI Fiber Play
- Heavy Metal: Why Nucor Could Be an Overlooked AI Infrastructure Winner
- Why Tesla’s Upside Is About More Than a SpaceX Merger
Receive News & Ratings for Green Plains Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Plains and related companies with MarketBeat.com's FREE daily email newsletter.
