Analysts expect Renewable Energy Group Inc (NASDAQ:REGI) to post earnings per share of $0.05 for the current fiscal quarter, Zacks Investment Research reports. Three analysts have provided estimates for Renewable Energy Group’s earnings. The highest EPS estimate is $0.14 and the lowest is $0.00. Renewable Energy Group reported earnings of $0.66 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 92.4%. The firm is scheduled to issue its next earnings report on Tuesday, March 3rd.

According to Zacks, analysts expect that Renewable Energy Group will report full year earnings of ($3.16) per share for the current year. For the next year, analysts anticipate that the company will post earnings of $2.34 per share, with EPS estimates ranging from $2.33 to $2.35. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that that provide coverage for Renewable Energy Group.

REGI has been the subject of several recent analyst reports. BidaskClub upgraded Renewable Energy Group from a “buy” rating to a “strong-buy” rating in a research note on Wednesday, October 30th. ValuEngine downgraded Renewable Energy Group from a “strong-buy” rating to a “buy” rating in a research note on Monday, November 4th. BWS Financial restated a “buy” rating on shares of Renewable Energy Group in a research note on Friday, September 6th. Finally, Zacks Investment Research upgraded Renewable Energy Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, October 9th. One analyst has rated the stock with a hold rating, four have issued a buy rating and one has given a strong buy rating to the company’s stock. Renewable Energy Group presently has an average rating of “Buy” and an average target price of $29.33.

NASDAQ:REGI traded up $0.03 during trading hours on Tuesday, hitting $17.02. 449,100 shares of the company’s stock traded hands, compared to its average volume of 691,694. The stock’s fifty day moving average price is $15.49 and its two-hundred day moving average price is $15.34. Renewable Energy Group has a twelve month low of $9.90 and a twelve month high of $29.61. The firm has a market cap of $669.69 million, a P/E ratio of 2.51 and a beta of 1.20. The company has a debt-to-equity ratio of 0.05, a quick ratio of 0.58 and a current ratio of 1.14.

A number of large investors have recently made changes to their positions in the stock. Mason Street Advisors LLC raised its holdings in Renewable Energy Group by 5.4% in the 3rd quarter. Mason Street Advisors LLC now owns 13,229 shares of the oil and gas company’s stock valued at $199,000 after acquiring an additional 672 shares in the last quarter. Arizona State Retirement System raised its holdings in Renewable Energy Group by 1.4% in the 2nd quarter. Arizona State Retirement System now owns 58,355 shares of the oil and gas company’s stock valued at $926,000 after acquiring an additional 815 shares in the last quarter. Texas Permanent School Fund raised its holdings in Renewable Energy Group by 3.9% in the 3rd quarter. Texas Permanent School Fund now owns 26,517 shares of the oil and gas company’s stock valued at $398,000 after acquiring an additional 986 shares in the last quarter. Alps Advisors Inc. raised its holdings in Renewable Energy Group by 1.4% in the 3rd quarter. Alps Advisors Inc. now owns 76,572 shares of the oil and gas company’s stock valued at $1,149,000 after acquiring an additional 1,031 shares in the last quarter. Finally, Affinity Investment Advisors LLC raised its holdings in Renewable Energy Group by 6.9% in the 2nd quarter. Affinity Investment Advisors LLC now owns 20,235 shares of the oil and gas company’s stock valued at $321,000 after acquiring an additional 1,314 shares in the last quarter.

Renewable Energy Group Company Profile

Renewable Energy Group, Inc produces cleaner and lower carbon transportation fuels. The company utilizes an integrated production, distribution, and logistics system to convert natural fats, oils, and greases into advanced biofuels. It operates through Biomass-Based Diesel, Services, and Corporate and Other segments.

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Earnings History and Estimates for Renewable Energy Group (NASDAQ:REGI)

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