Gevo Inc (NASDAQ: GEVO) Increases 15.93% Over A Month, But Analysts Still See Upside Potential

Gevo Inc (NASDAQ:GEVO) currently has a daily average trading volume of 2.93M but it saw 9208910 shares traded in last market. With a market cap of 313.83M USD, the company’s current market price of $1.31 came rising about 11.49 while comparing to the previous closing price of $1.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $3.39 and as low as $0.48.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Northland Capital which initiated the stock as “Market Perform” in its note to investors issued on August 21, 2023, recommending a price target of $2 for it. Jefferies also issued its recommendations for the stock as it initiated the price target for the stock is $2.30.

Over the week, GEVO’s stock price is moving 20.18% up while it is 15.93% when we observe its performance for the past one month. Year-to-date it is -37.32% down and over the past year, the stock is showing an upside performance of 89.75%.

The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.07 while estimate for next year EPS is -0.28. In next quarter, company is expected to be making quarterly sales of $49.58M as analysts are expecting the sales for current fiscal year at $178.05M and seeing the company making $191.33M in sales next year. Moreover, analysts are in estimates of $48.09M for current-quarter revenue.

Currently, Gevo Inc’s total number of outstanding shares is 239.56M with 4.39% of that held by the insiders while 24.31% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -13.17% and return on equity (ROE) at -16.11%. Stock’s beta reads 2.50. Stock has a price to book (P/B) ratio of 0.67 while price to sale or P/S ratio amounts to 7.47. Its return on asset (ROA) is -12.43% on average.

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