Shares of Green Plains Inc. (NASDAQ:GPRE – Get Free Report) have earned an average recommendation of “Moderate Buy” from the six brokerages that are presently covering the firm, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12 month price target among brokers that have covered the stock in the last year is $37.40.
Several research analysts recently issued reports on the stock. UBS Group reduced their price target on shares of Green Plains from $33.50 to $31.00 and set a “buy” rating on the stock in a research report on Monday, March 4th. Truist Financial reiterated a “buy” rating and set a $35.00 price target on shares of Green Plains in a research report on Tuesday, March 26th. Roth Mkm reiterated a “buy” rating and set a $55.00 price target on shares of Green Plains in a research report on Monday, March 25th. TheStreet downgraded shares of Green Plains from a “c-” rating to a “d+” rating in a research report on Wednesday, February 7th. Finally, The Goldman Sachs Group reduced their price target on shares of Green Plains from $39.00 to $34.00 and set a “buy” rating on the stock in a research report on Tuesday, January 30th.
Get Our Latest Analysis on Green Plains
Insider Buying and Selling at Green Plains
Institutional Trading of Green Plains
Institutional investors and hedge funds have recently modified their holdings of the stock. Quest Partners LLC bought a new stake in shares of Green Plains in the 4th quarter valued at about $26,000. Covestor Ltd increased its stake in Green Plains by 8,023.1% during the 1st quarter. Covestor Ltd now owns 1,056 shares of the specialty chemicals company’s stock worth $33,000 after purchasing an additional 1,043 shares in the last quarter. Advisors Asset Management Inc. bought a new stake in Green Plains during the 1st quarter worth approximately $46,000. Point72 Hong Kong Ltd increased its stake in Green Plains by 39.2% during the 1st quarter. Point72 Hong Kong Ltd now owns 1,915 shares of the specialty chemicals company’s stock worth $59,000 after purchasing an additional 539 shares in the last quarter. Finally, Equitec Proprietary Markets LLC bought a new stake in Green Plains during the 3rd quarter worth approximately $81,000.
Green Plains Stock Up 1.0 %
Shares of NASDAQ GPRE opened at $21.14 on Friday. The stock has a market cap of $1.37 billion, a PE ratio of -13.05 and a beta of 1.60. The business has a fifty day moving average of $22.09 and a two-hundred day moving average of $24.02. Green Plains has a 52-week low of $19.44 and a 52-week high of $36.02. The company has a debt-to-equity ratio of 0.50, a quick ratio of 1.34 and a current ratio of 1.90.
Green Plains (NASDAQ:GPRE – Get Free Report) last issued its quarterly earnings data on Wednesday, February 7th. The specialty chemicals company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.04). Green Plains had a negative net margin of 2.83% and a negative return on equity of 9.67%. The company had revenue of $712.39 million for the quarter, compared to the consensus estimate of $782.01 million. During the same period in the previous year, the business posted ($0.66) earnings per share. The firm’s revenue was down 22.1% compared to the same quarter last year. As a group, equities research analysts expect that Green Plains will post 0.58 earnings per share for the current fiscal year.
About Green Plains
Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.
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