Somewhat Favorable Press Coverage Somewhat Unlikely to Impact Green Plains (NASDAQ:GPRE) Stock Price
News stories about Green Plains (NASDAQ:GPRE) have trended somewhat positive this week, Accern Sentiment reports. The research firm identifies positive and negative media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Green Plains earned a daily sentiment score of 0.11 on Accern’s scale. Accern also gave media headlines about the specialty chemicals company an impact score of 45.1436638215672 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
- Green Plains (GPRE) & REX American Resources Corporation (REX) Head-To-Head Comparison (americanbankingnews.com)
- Teachers Advisors, LLC Raises Its Position in Green Plains, Inc. (GPRE) Last Quarter – First News 24 (firstnewspaper24.com)
- Natus Medical Incorporated (NasdaqGS:BABY), Green Plains Inc. (NasdaqGS:GPRE): How Do These Stocks Score in … – Evergreen Caller (evergreencaller.com)
- Green Plains (NASDAQ:GPRE) and REX American Resources Corporation (REX) Critical Contrast (americanbankingnews.com)
- Green Plains (GPRE) Presents At Jefferies 13th Annual Industrials Conference – Slideshow (seekingalpha.com)
GPRE has been the topic of several research reports. Jefferies Group LLC restated a “buy” rating and set a $25.00 price objective (down previously from $28.00) on shares of Green Plains in a report on Wednesday, August 2nd. BidaskClub downgraded shares of Green Plains from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th. Zacks Investment Research downgraded shares of Green Plains from a “hold” rating to a “strong sell” rating in a report on Tuesday, July 4th. Roth Capital set a $27.00 price objective on shares of Green Plains and gave the stock a “buy” rating in a report on Wednesday, August 2nd. Finally, Piper Jaffray Companies restated a “neutral” rating on shares of Green Plains in a report on Wednesday, July 26th. One analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. The stock presently has an average rating of “Hold” and an average target price of $27.29.
Shares of Green Plains (NASDAQ:GPRE) opened at 18.95 on Friday. The company has a market cap of $786.12 million, a PE ratio of 110.82 and a beta of 1.42. Green Plains has a 1-year low of $17.70 and a 1-year high of $29.85. The company has a 50-day moving average of $19.50 and a 200-day moving average of $22.32.
Green Plains (NASDAQ:GPRE) last released its quarterly earnings results on Monday, July 31st. The specialty chemicals company reported ($0.41) EPS for the quarter, missing analysts’ consensus estimates of ($0.12) by $0.29. Green Plains had a return on equity of 0.68% and a net margin of 0.19%. The business had revenue of $886.30 million for the quarter, compared to the consensus estimate of $986.88 million. During the same period in the prior year, the business posted $0.21 earnings per share. Green Plains’s revenue was down .2% compared to the same quarter last year. Equities analysts forecast that Green Plains will post ($0.21) EPS for the current year.
In related news, Director Alain Treuer sold 25,900 shares of the firm’s stock in a transaction dated Wednesday, June 21st. The shares were sold at an average price of $19.51, for a total transaction of $505,309.00. Following the transaction, the director now directly owns 336,008 shares of the company’s stock, valued at $6,555,516.08. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Michelle Mapes sold 2,301 shares of the firm’s stock in a transaction dated Monday, May 15th. The stock was sold at an average price of $24.81, for a total transaction of $57,087.81. Following the transaction, the executive vice president now directly owns 53,596 shares in the company, valued at $1,329,716.76. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 87,903 shares of company stock worth $1,932,599. 6.40% of the stock is owned by insiders.
About Green Plains
Green Plains Inc is an ethanol producer. The Company owns and operates assets throughout the ethanol value chain, including upstream, with grain handling and storage through its ethanol production facilities, and downstream, with marketing and distribution services. It operates through four segments: Ethanol Production, Agribusiness and Energy Services, Food and Food Ingredients, and Partnership.
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