Market Analysts see Gevo Inc. [GEVO] gaining to $5. Time to buy?

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Gevo Inc. [NASDAQ: GEVO] closed the trading session at $2.82 on 06/10/22. The day’s price range saw the stock hit a low of $2.73, while the highest price level was $2.955. The company report on June 7, 2022 that Japan Airlines Enters into New Fuel Sales Agreement with Gevo for 5.3 Million Gallons of Sustainable Aviation Fuel Per Year Over Five Years.


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Gevo, Inc. (NASDAQ: GEVO) is pleased to announce a new fuel sales agreement with Japan Airlines Co., Ltd. (JAL). The Agreement outlines the details for the purchase of 5.3 million gallons per year of sustainable aviation fuel (SAF) for five years with deliveries expected to begin in 2027.

JAL is a member of oneworld® Alliance, and this Agreement falls within the purview of a memorandum of understanding (MoU) that oneworld and Gevo signed in March 2022, laying the groundwork for the associated world-class airlines in the Alliance to purchase up to 200 million gallons of SAF from Gevo’s commercial operations. The agreement with JAL will further enhance Gevo’s global footprint for its sustainable fuel products, and also supports Gevo’s efforts in pursuit of its stated goal of producing and commercializing a billion gallons of SAF by 2030.

The stocks have a year to date performance of -34.11 percent and weekly performance of -38.29 percent. The stock has been moved at -47.58 percent over the last six months. The stock has performed -8.74 percent around the most recent 30 days and changed -32.21 percent over the most recent 3-months.

If compared to the average trading volume of 9.70M shares, GEVO reached to a volume of 16526240 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 Gevo Inc. [GEVO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GEVO shares is $15.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GEVO 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.

Citigroup have made an estimate for Gevo Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on February 09, 2022. While these analysts kept the previous recommendation, Stifel raised their target price to Buy. The new note on the price target was released on August 24, 2021, representing the official price target for Gevo Inc. stock.

The Average True Range (ATR) for Gevo Inc. is set at 0.41, with the Price to Sales ratio for GEVO stock in the period of the last 12 months amounting to 658.88. The Price to Book ratio for the last quarter was 1.06, with the Price to Cash per share for the same quarter was set at 1.48.

GEVO stock trade performance evaluation

Gevo Inc. [GEVO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -38.29. With this latest performance, GEVO shares dropped by -8.74% in over the last four-week period, additionally sinking by -47.58% over the last 6 months – not to mention a drop of -66.27% 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 GEVO stock in for the last two-week period is set at 36.58, with the RSI for the last a single of trading hit 32.22, and the three-weeks RSI is set at 39.31 for Gevo Inc. [GEVO]. The present Moving Average for the last 50 days of trading for this stock 3.96, while it was recorded at 3.01 for the last single week of trading, and 4.93 for the last 200 days.

Gevo Inc. [GEVO]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Gevo Inc. [GEVO] shares currently have an operating margin of -6240.79 and a Gross Margin at -1702.39. Gevo Inc.’s Net Margin is presently recorded at -8326.72.

Return on Equity for this stock declined to -17.07, with Return on Assets sitting at -14.46.

Gevo Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 18.50 and a Current Ratio set at 18.70.

Earnings per share (EPS) analysis for Gevo Inc. [GEVO] stock

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 GEVO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Gevo Inc. go to 25.00%.

Gevo Inc. [GEVO]: Insider Ownership positions

There are presently around $221 million, or 42.90% of GEVO stock, in the hands of institutional investors. The top three institutional holders of GEVO stocks are: STATE STREET CORP with ownership of 23,830,761, which is approximately 27.691% of the company’s market cap and around 1.10% of the total institutional ownership; BLACKROCK INC., holding 14,032,291 shares of the stock with an approximate value of $39.57 million in GEVO stocks shares; and VANGUARD GROUP INC, currently with $30.2 million in GEVO stock with ownership of nearly 1.677% of the company’s market capitalization.

Positions in Gevo Inc. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 53 institutional holders increased their position in Gevo Inc. [NASDAQ:GEVO] by around 9,731,963 shares. Additionally, 68 investors decreased positions by around 10,490,533 shares, while 32 investors held positions by with 58,172,518 shares. The mentioned changes placed institutional holdings at 78,395,014 shares, according to the latest SEC report filing. GEVO stock had 21 new institutional investments in for a total of 1,746,190 shares, while 25 institutional investors sold positions of 5,101,132 shares during the same period.

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