Vertex Energy Inc. [VTNR] Revenue clocked in at $124.90 million, up 608.06% YTD: What’s Next?

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Vertex Energy Inc. [NASDAQ: VTNR] stock went on an upward path that rose over 12.00% on Wednesday, amounting to a one-week price increase of more than 12.00%. The company report on November 9, 2021 that Vertex Energy Reports Third Quarter 2021 Results and Provides Strategic Update.

Vertex Energy, Inc. (NASDAQ:VTNR) “Vertex” or the “Company”, a leading specialty refiner and marketer of high-quality refined products, announced its financial results for the third quarter 2021 ended September 30, 2021.


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THIRD QUARTER 2021 RESULTS.

Over the last 12 months, VTNR stock rose by 581.08%. The one-year Vertex Energy Inc. stock forecast points to a potential upside of 73.47. The average equity rating for VTNR stock is currently 1.70, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $328.71 million, with 61.35 million shares outstanding and 45.95 million shares in the current float. Compared to the average trading volume of 2.01M shares, VTNR stock reached a trading volume of 2751814 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on Vertex Energy Inc. [VTNR]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for VTNR shares is $19.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on VTNR stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Stifel have made an estimate for Vertex Energy Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on February 10, 2021. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on December 09, 2019, representing the official price target for Vertex Energy Inc. stock. Previously, the target price had yet another raise to $1.40, while ROTH Capital analysts kept a Neutral rating on VTNR stock. On July 22, 2015, analysts decreased their price target for VTNR shares from 3 to 2.30.

The Average True Range (ATR) for Vertex Energy Inc. is set at 0.37, with the Price to Sales ratio for VTNR stock in the period of the last 12 months amounting to 2.63. The Price to Book ratio for the last quarter was 8.69, with the Price to Cash per share for the same quarter was set at 0.19. Price to Free Cash Flow for VTNR in the course of the last twelve months was 96.68 with Quick ratio for the last quarter at 1.80.

VTNR Stock Performance Analysis:

Vertex Energy Inc. [VTNR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 12.00. With this latest performance, VTNR shares gained by 17.76% in over the last four-week period, additionally plugging by 26.32% over the last 6 months – not to mention a rise of 581.08% 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 VTNR stock in for the last two-week period is set at 54.10, with the RSI for the last a single of trading hit 61.20, and the three-weeks RSI is set at 49.76 for Vertex Energy Inc. [VTNR]. The present Moving Average for the last 50 days of trading for this stock 5.09, while it was recorded at 4.67 for the last single week of trading, and 5.08 for the last 200 days.

Insight into Vertex Energy Inc. Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Vertex Energy Inc. [VTNR] shares currently have an operating margin of -11.35 and a Gross Margin at +8.01. Vertex Energy Inc.’s Net Margin is presently recorded at -20.12.

Return on Total Capital for VTNR is now -14.33, given the latest momentum, and Return on Invested Capital for the company is -35.33. Return on Equity for this stock declined to -73.01, with Return on Assets sitting at -22.38. When it comes to the capital structure of this company, Vertex Energy Inc. [VTNR] has a Total Debt to Total Equity ratio set at 166.56. Additionally, VTNR Total Debt to Total Capital is recorded at 62.49, with Total Debt to Total Assets ending up at 38.69. Long-Term Debt to Equity for the company is recorded at 795.15, with the Long-Term Debt to Total Capital now at 48.45.

Reflecting on the efficiency of the workforce at the company, Vertex Energy Inc. [VTNR] managed to generate an average of -$96,352 per employee. Receivables Turnover for the company is 11.57 with a Total Asset Turnover recorded at a value of 1.11.Vertex Energy Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.80 and a Current Ratio set at 1.80.

VTNR Stock EPS

With the latest financial reports released by the company, Vertex Energy Inc. posted -0.13/share EPS, while the average EPS was predicted by analysts to be reported at -0.08/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -62.50%. 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 VTNR. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Vertex Energy Inc. go to 20.00%.

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Vertex Energy Inc. [VTNR] Insider Position Details

There are presently around $84 million, or 26.30% of VTNR stock, in the hands of institutional investors. The top three institutional holders of VTNR stocks are: TRELLUS MANAGEMENT COMPANY, LLC with ownership of 2,226,076, which is approximately 0% of the company’s market cap and around 5.20% of the total institutional ownership; MILLENNIUM MANAGEMENT LLC, holding 2,196,577 shares of the stock with an approximate value of $11.07 million in VTNR stocks shares; and VANGUARD GROUP INC, currently with $8.77 million in VTNR stock with ownership of nearly 13.879% of the company’s market capitalization.

Positions in Vertex Energy Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 42 institutional holders increased their position in Vertex Energy Inc. [NASDAQ:VTNR] by around 6,207,640 shares. Additionally, 36 investors decreased positions by around 2,837,503 shares, while 11 investors held positions by with 7,662,540 shares. The mentioned changes placed institutional holdings at 16,707,683 shares, according to the latest SEC report filing. VTNR stock had 17 new institutional investments in for a total of 1,687,034 shares, while 19 institutional investors sold positions of 1,017,204 shares during the same period.