UBS slashes price target on Gevo Inc. [GEVO] – find out why.

Gevo Inc. [NASDAQ: GEVO] stock went on an upward path that rose over 4.88% on Monday, amounting to a one-week price increase of more than 3.37%. The company report on January 19, 2023 that Gevo, Inc. Provides Company and Project Updates.


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Addition of New DirectorGevo recently announced that its Board of Directors has appointed Carol Battershell as a new independent director. Carol is a seasoned executive with nearly 40 years in the energy sector in the United States and internationally. She is currently the Chief Executive Officer at Battersea Energy LLC, an energy consulting company, and she previously served as Principal Deputy Director in the Office of Policy at the U.S. Department of Energy (“DOE”). In her ten years with the DOE, Carol led multi-billion-dollar technical programs; ran the Energy Efficiency and Renewable Energy field operations office and was a key contributor to two multi-Agency energy policy reviews. Prior to the DOE, Carol worked for 25 years in the energy industry for BP where she held roles in operations management, strategy development, financial management, and policy development.

Over the last 12 months, GEVO stock dropped by -38.75%. The one-year Gevo Inc. stock forecast points to a potential upside of 71.37. The average equity rating for GEVO stock is currently 2.20, trading closer to a bullish pattern in the stock market.

The market cap for the stock reached $482.65 million, with 236.65 million shares outstanding and 230.16 million shares in the current float. Compared to the average trading volume of 6.92M shares, GEVO stock reached a trading volume of 6795511 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Guru’s Opinion on 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 $7.51 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 2.20. 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.

UBS have made an estimate for Gevo Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on December 14, 2022. While these analysts kept the previous recommendation, Jefferies raised their target price to Hold. The new note on the price target was released on October 19, 2022, representing the official price target for Gevo Inc. stock. Previously, the target price had yet another raise to $5, while Citigroup analysts kept a Buy rating on GEVO stock.

The Average True Range (ATR) for Gevo Inc. is set at 0.13, with the Price to Sales ratio for GEVO stock in the period of the last 12 months amounting to 689.51. The Price to Book ratio for the last quarter was 0.81, with the Price to Cash per share for the same quarter was set at 1.88.

GEVO Stock Performance Analysis:

Gevo Inc. [GEVO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.37. With this latest performance, GEVO shares gained by 22.16% in over the last four-week period, additionally sinking by -12.24% over the last 6 months – not to mention a drop of -38.75% 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 59.35, with the RSI for the last a single of trading hit 64.17, and the three-weeks RSI is set at 55.48 for Gevo Inc. [GEVO]. The present Moving Average for the last 50 days of trading for this stock 2.00, while it was recorded at 2.06 for the last single week of trading, and 2.76 for the last 200 days.

Insight into Gevo Inc. 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 24.30 and a Current Ratio set at 24.50.

GEVO Stock EPS

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 Position Details

There are presently around $234 million, or 51.30% of GEVO stock, in the hands of institutional investors. The top three institutional holders of GEVO stocks are: BLACKROCK INC. with ownership of 25,423,202, which is approximately -0.307% of the company’s market cap and around 2.90% of the total institutional ownership; STATE STREET CORP, holding 25,407,268 shares of the stock with an approximate value of $54.63 million in GEVO stocks shares; and VANGUARD GROUP INC, currently with $26.79 million in GEVO stock with ownership of nearly 13.095% of the company’s market capitalization.

Positions in Gevo Inc. stocks held by institutional investors increased at the end of March and at the time of the March reporting period, where 75 institutional holders increased their position in Gevo Inc. [NASDAQ:GEVO] by around 15,187,732 shares. Additionally, 54 investors decreased positions by around 22,356,816 shares, while 32 investors held positions by with 71,442,252 shares. The mentioned changes placed institutional holdings at 108,986,800 shares, according to the latest SEC report filing. GEVO stock had 26 new institutional investments in for a total of 5,213,556 shares, while 22 institutional investors sold positions of 6,807,882 shares during the same period.

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