Pacific Ethanol (PEIX) Earns Daily News Impact Score of 0.16
Media headlines about Pacific Ethanol (NASDAQ:PEIX) have trended somewhat positive on Monday, according to Accern Sentiment Analysis. The research group rates the sentiment of media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Pacific Ethanol earned a news impact score of 0.16 on Accern’s scale. Accern also gave news headlines about the oil and gas company an impact score of 45.5875089782384 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
A number of equities research analysts have recently weighed in on PEIX shares. HC Wainwright reaffirmed a “buy” rating and issued a $14.00 price objective on shares of Pacific Ethanol in a research note on Thursday, November 9th. Zacks Investment Research cut Pacific Ethanol from a “hold” rating to a “strong sell” rating in a research note on Saturday, October 28th. Finally, B. Riley started coverage on Pacific Ethanol in a research note on Tuesday, November 28th. They issued a “buy” rating and a $7.00 price objective for the company. Two analysts have rated the stock with a sell rating and four have assigned a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average target price of $11.50.
Pacific Ethanol (NASDAQ PEIX) remained flat at $$4.50 on Monday. The company’s stock had a trading volume of 369,300 shares, compared to its average volume of 241,800. Pacific Ethanol has a one year low of $4.10 and a one year high of $9.38. The stock has a market capitalization of $197.87, a price-to-earnings ratio of -18.75, a PEG ratio of 0.46 and a beta of 2.06. The company has a debt-to-equity ratio of 0.56, a quick ratio of 1.53 and a current ratio of 2.30.
Pacific Ethanol (NASDAQ:PEIX) last released its earnings results on Tuesday, November 7th. The oil and gas company reported ($0.01) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.09. Pacific Ethanol had a negative return on equity of 2.13% and a negative net margin of 0.51%. The firm had revenue of $445.40 million during the quarter, compared to analysts’ expectations of $434.57 million. During the same period in the previous year, the firm posted ($0.09) EPS. Pacific Ethanol’s revenue for the quarter was up 6.6% on a year-over-year basis. research analysts expect that Pacific Ethanol will post -0.58 EPS for the current fiscal year.
In related news, Director William L. Jones sold 20,000 shares of the business’s stock in a transaction on Thursday, December 7th. The stock was sold at an average price of $4.30, for a total transaction of $86,000.00. Following the completion of the transaction, the director now directly owns 56,903 shares of the company’s stock, valued at approximately $244,682.90. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 3.87% of the company’s stock.
TRADEMARK VIOLATION NOTICE: This story was first published by Daily Political and is the property of of Daily Political. If you are accessing this story on another publication, it was stolen and reposted in violation of international copyright & trademark laws. The correct version of this story can be viewed at https://www.dailypolitical.com/2018/01/08/pacific-ethanol-peix-earns-daily-news-impact-score-of-0-16.html.
About Pacific Ethanol
Pacific Ethanol, Inc (Pacific Ethanol) is a marketer and producer of low-carbon renewable fuels in the Western United States. Pacific Ethanol markets all the ethanol produced by four ethanol production facilities located in California, Idaho and Oregon, or the Pacific Ethanol Plants, all the ethanol produced by three other ethanol producers in the Western United States and ethanol purchased from other third-party suppliers throughout the United States.
Receive News & Ratings for Pacific Ethanol Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Pacific Ethanol and related companies with MarketBeat.com's FREE daily email newsletter.