Gevo Inc [NASDAQ: GEVO] gained 3.23% or 0.05 points to close at $1.6 with a heavy trading volume of 4414507 shares.
It opened the trading session at $1.57, the shares rose to $1.61 and dropped to $1.53, the range by which the price of stock traded the whole day. The daily chart for GEVO points out that the company has recorded -43.86% loss over the past six months.
If we look at the average trading volume of 3.75M shares, GEVO reached to a volume of 4414507 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying 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 $4.69 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 2.00. 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.
Northland Capital have made an estimate for Gevo Inc shares, keeping their opinion on the stock as Market Perform, with their previous recommendation back on August 21, 2023. While these analysts kept the previous recommendation, UBS raised their target price to Neutral. The new note on the price target was released on December 14, 2022, representing the official price target for Gevo Inc stock. Previously, the target price had yet another raise to $2.30, while Jefferies analysts kept a Hold rating on GEVO stock.
The Price to Book ratio for the last quarter was 0.82, with the Price to Cash per share for the same quarter was set at 0.28.
Trading performance analysis for GEVO stock
Gevo Inc [GEVO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.30. With this latest performance, GEVO shares gained by 37.93% in over the last four-week period, additionally sinking by -43.86% over the last 6 months – not to mention a drop of -23.44% in the past year of trading.
Gevo Inc [GEVO]: A deeper dive into fundamental analysis
Operating Margin for any stock indicates how profitable investing would be, and Gevo Inc [GEVO] shares currently have an operating margin of -186.64% and a Gross Margin at -25.67%. Gevo Inc’s Net Margin is presently recorded at -193.87%.
Return on Equity for this stock declined to -12.43%, with Return on Assets sitting at -12.43%.
Gevo Inc [GEVO]: An earnings per share (EPS) analysis
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 15.08%.
An analysis of Institutional ownership at Gevo Inc [GEVO]
There are presently around $24.32%, or 25.41% of GEVO stock, in the hands of institutional investors. The top three institutional holders of GEVO stocks are: VANGUARD GROUP INC with ownership of 17.31 million shares, which is approximately 7.2439%. MILLENNIUM MANAGEMENT LLC, holding 5.18 million shares of the stock with an approximate value of $$2.89 million in GEVO stocks shares; and MILLENNIUM MANAGEMENT LLC, currently with $$2.63 million in GEVO stock with ownership which is approximately 1.977%.
