Northland Securities Boosts Earnings Estimates for Gevo

Gevo, Inc. (NASDAQ:GEVO) – Equities research analysts at Northland Securities increased their FY2027 earnings per share estimates for shares of Gevo in a research note issued on Friday, August 7th. Northland Securities analyst J. Grampp now anticipates that the energy company will post earnings of $0.08 per share for the year, up from their prior forecast of $0.06. The consensus estimate for Gevo’s current full-year earnings is ($0.07) per share.

A number of other equities analysts also recently issued reports on GEVO. Weiss Ratings restated a “sell (d-)” rating on shares of Gevo in a research report on Friday, July 17th. HC Wainwright reissued a “buy” rating on shares of Gevo in a research report on Tuesday, May 26th. Zacks Research upgraded Gevo from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. UBS Group reiterated a “neutral” rating and set a $2.00 price target (down from $2.25) on shares of Gevo in a research note on Friday, May 22nd. Finally, Wall Street Zen upgraded shares of Gevo from a “strong sell” rating to a “sell” rating in a research note on Saturday. Two research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Gevo presently has a consensus rating of “Hold” and an average price target of $2.88.

Gevo Price Performance

Shares of NASDAQ:GEVO opened at $1.57 on Monday. The firm has a market cap of $388.17 million, a PE ratio of -1.76 and a beta of 1.04. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.51 and a current ratio of 4.31. Gevo has a 52 week low of $1.17 and a 52 week high of $2.97. The firm’s fifty day moving average is $1.53 and its 200-day moving average is $1.83.

Gevo (NASDAQ:GEVO) last posted its earnings results on Thursday, August 6th. The energy company reported ($0.01) EPS for the quarter, beating the consensus estimate of ($0.02) by $0.01. The firm had revenue of $46.50 million during the quarter, compared to the consensus estimate of $46.40 million. Gevo had a negative return on equity of 5.83% and a negative net margin of 119.93%.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Renaissance Technologies LLC increased its holdings in shares of Gevo by 153.8% in the first quarter. Renaissance Technologies LLC now owns 2,215,194 shares of the energy company’s stock worth $6,047,000 after buying an additional 1,342,400 shares during the period. J. Derek Lewis & Associates Inc. purchased a new stake in Gevo during the 4th quarter valued at about $870,000. Caxton Associates LLP purchased a new stake in Gevo during the 1st quarter valued at about $153,000. State of Wyoming grew its position in Gevo by 389.6% during the 1st quarter. State of Wyoming now owns 139,543 shares of the energy company’s stock worth $381,000 after acquiring an additional 111,041 shares during the last quarter. Finally, Baader Bank Aktiengesellschaft bought a new position in Gevo during the 1st quarter worth approximately $49,000. Institutional investors own 35.17% of the company’s stock.

Insider Transactions at Gevo

In related news, CEO Paul D. Bloom sold 31,096 shares of the stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $1.55, for a total transaction of $48,198.80. Following the sale, the chief executive officer owned 1,452,303 shares of the company’s stock, valued at approximately $2,251,069.65. This represents a 2.10% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Patrick R. Gruber sold 247,642 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $1.51, for a total transaction of $373,939.42. Following the completion of the sale, the director owned 3,323,788 shares in the company, valued at $5,018,919.88. This represents a 6.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 1,067,030 shares of company stock valued at $1,691,411. 7.09% of the stock is currently owned by insiders.

Gevo Company Profile

Gevo, Inc (NASDAQ: GEVO) is a renewable chemicals and biofuels company that develops and produces low-carbon alternatives to petroleum-based products. The company’s core technology platform converts fermentable sugars into isobutanol, which can be further processed into sustainable aviation fuel (SAF), renewable gasoline, diesel, and jet fuel. Gevo’s integrated biorefinery model combines fermentation, recovery, and downstream processing to deliver scalable, drop-in replacements for conventional fossil-derived hydrocarbons.

Gevo’s primary products include isobutanol, a four-carbon alcohol used as a building block for various fuels and chemicals, and hydrocarbon fuels that meet ASTM specifications for aviation and road transport.