Pacific Ethanol Inc. [NASDAQ: PEIX] closed the trading session at $6.75 on 01/12/21. The day’s price range saw the stock hit a low of $6.375, while the highest price level was $6.92. The company report on December 21, 2020 that Pacific Ethanol Amends its Credit Agreements with CoBank.
Company pays $24.9 million principal payment in cash.
Company expects to be net term debt free at the end of 2020.
The stocks have a year to date performance of 24.31 percent and weekly performance of 8.70 percent. The stock has been moved at 803.25 percent over the last six months. The stock has performed 12.31 percent around the most recent 30 days and changed -19.26 percent over the most recent 3-months.
If compared to the average trading volume of 6.19M shares, PEIX reached to a volume of 7093983 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Pacific Ethanol Inc. [PEIX]:
BWS Financial have made an estimate for Pacific Ethanol Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 22, 2020. While these analysts kept the previous recommendation, B. Riley FBR dropped their target price from $7 to $5. The new note on the price target was released on November 07, 2018, representing the official price target for Pacific Ethanol Inc. stock. Previously, the target price had yet another raise to $7, while B. Riley FBR Inc. analysts kept a Buy rating on PEIX stock.
The Average True Range (ATR) for Pacific Ethanol Inc. is set at 0.51, with the Price to Sales ratio for PEIX stock in the period of the last 12 months amounting to 0.44. The Price to Book ratio for the last quarter was 1.61, with the Price to Cash per share for the same quarter was set at 0.54. Price to Free Cash Flow for PEIX in the course of the last twelve months was 6.55 with Quick ratio for the last quarter at 0.90.
PEIX stock trade performance evaluation
Pacific Ethanol Inc. [PEIX] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.70. With this latest performance, PEIX shares gained by 12.31% in over the last four-week period, additionally plugging by 803.25% over the last 6 months – not to mention a rise of 892.65% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PEIX stock in for the last two-week period is set at 59.40, with the RSI for the last a single of trading hit 66.53, and the three-weeks RSI is set at 55.51 for Pacific Ethanol Inc. [PEIX]. The present Moving Average for the last 50 days of trading for this stock 6.09, while it was recorded at 6.30 for the last single week of trading, and 3.71 for the last 200 days.
Pacific Ethanol Inc. [PEIX]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Pacific Ethanol Inc. [PEIX] shares currently have an operating margin of -3.22 and a Gross Margin at -0.74. Pacific Ethanol Inc.’s Net Margin is presently recorded at -6.24.
Return on Total Capital for PEIX is now -8.70, given the latest momentum, and Return on Invested Capital for the company is -21.81. Return on Equity for this stock declined to -34.24, with Return on Assets sitting at -13.98. When it comes to the capital structure of this company, Pacific Ethanol Inc. [PEIX] has a Total Debt to Total Equity ratio set at 122.13. Additionally, PEIX Total Debt to Total Capital is recorded at 54.98, with Total Debt to Total Assets ending up at 43.82. Long-Term Debt to Equity for the company is recorded at 91.90, with the Long-Term Debt to Total Capital now at 41.37.
Reflecting on the efficiency of the workforce at the company, Pacific Ethanol Inc. [PEIX] managed to generate an average of -$177,898 per employee. Receivables Turnover for the company is 19.99 with a Total Asset Turnover recorded at a value of 2.24.Pacific Ethanol Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.90 and a Current Ratio set at 1.20.
Earnings per share (EPS) analysis for Pacific Ethanol Inc. [PEIX] stock
With the latest financial reports released by the company, Pacific Ethanol Inc. posted -0.25/share EPS, while the average EPS was predicted by analysts to be reported at -0.27/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 7.40%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for PEIX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Pacific Ethanol Inc. go to 20.00%.
Pacific Ethanol Inc. [PEIX]: Insider Ownership positions
There are presently around $139 million, or 38.20% of PEIX stock, in the hands of institutional investors. The top three institutional holders of PEIX stocks are: RENAISSANCE TECHNOLOGIES LLC with ownership of 4,836,486, which is approximately 16.446% of the company’s market cap and around 4.30% of the total institutional ownership; VANGUARD GROUP INC, holding 2,426,348 shares of the stock with an approximate value of $16.38 million in PEIX stocks shares; and BLACKROCK INC., currently with $14.47 million in PEIX stock with ownership of nearly -38.772% of the company’s market capitalization.
Positions in Pacific Ethanol Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 44 institutional holders increased their position in Pacific Ethanol Inc. [NASDAQ:PEIX] by around 11,149,275 shares. Additionally, 27 investors decreased positions by around 1,951,893 shares, while 12 investors held positions by with 7,539,500 shares. The mentioned changes placed institutional holdings at 20,640,668 shares, according to the latest SEC report filing. PEIX stock had 33 new institutional investments in for a total of 8,875,557 shares, while 15 institutional investors sold positions of 396,176 shares during the same period.