News stories about Renewable Energy Group (NASDAQ:REGI) have trended somewhat positive on Sunday, Accern Sentiment Analysis reports. Accern identifies positive and negative press coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Renewable Energy Group earned a daily sentiment score of 0.19 on Accern’s scale. Accern also assigned media stories about the oil and gas company an impact score of 47.0072710158962 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.
These are some of the media stories that may have effected Accern Sentiment Analysis’s analysis:
Renewable Energy Group (REGI) traded down $0.15 on Friday, reaching $11.35. The company had a trading volume of 340,900 shares, compared to its average volume of 350,565. The company has a market capitalization of $439.12, a PE ratio of 378.33 and a beta of 1.50. The company has a current ratio of 1.91, a quick ratio of 1.23 and a debt-to-equity ratio of 0.34. Renewable Energy Group has a 1-year low of $8.25 and a 1-year high of $13.55.
Renewable Energy Group (NASDAQ:REGI) last released its earnings results on Tuesday, November 7th. The oil and gas company reported ($0.29) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.40) by $0.11. The business had revenue of $627.00 million for the quarter, compared to analysts’ expectations of $513.88 million. Renewable Energy Group had a positive return on equity of 0.38% and a negative net margin of 1.96%. The firm’s revenue was up .4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.59 earnings per share. equities research analysts predict that Renewable Energy Group will post -1.8 EPS for the current year.
REGI has been the topic of a number of recent analyst reports. Piper Jaffray Companies reiterated a “hold” rating and issued a $13.00 price objective on shares of Renewable Energy Group in a research report on Friday, November 3rd. Zacks Investment Research downgraded Renewable Energy Group from a “hold” rating to a “sell” rating in a research report on Saturday, October 28th. BidaskClub downgraded Renewable Energy Group from a “hold” rating to a “sell” rating in a research report on Saturday, August 19th. Finally, ValuEngine downgraded Renewable Energy Group from a “strong-buy” rating to a “buy” rating in a research report on Tuesday, August 8th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $15.33.
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Renewable Energy Group Company Profile
Renewable Energy Group, Inc is focused on providing cleaner, lower carbon intensity products and services. The Company is a producer of biomass-based diesel in North America. Its segments include Biomass-based diesel, Services, Renewable Chemicals and Corporate and other activities. It is involved in various activities related to biomass-based diesel production, from acquiring feedstock, managing construction and operating biomass-based diesel production facilities to marketing, selling and distributing biomass-based diesel and its co-products.
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