Green Plains (NASDAQ:GPRE) is scheduled to be announcing its earnings results after the market closes on Tuesday, February 6th.
Green Plains (NASDAQ:GPRE) last released its quarterly earnings data on Wednesday, November 1st. The specialty chemicals company reported ($0.18) earnings per share for the quarter, missing analysts’ consensus estimates of $0.29 by ($0.47). The company had revenue of $901.20 million for the quarter, compared to analyst estimates of $933.36 million. Green Plains had a net margin of 0.92% and a negative return on equity of 0.88%. The firm’s revenue for the quarter was up 7.0% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.20 earnings per share. On average, analysts expect Green Plains to post $-1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Shares of Green Plains (NASDAQ:GPRE) opened at $18.20 on Tuesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.70 and a current ratio of 1.57. The firm has a market capitalization of $749.15, a P/E ratio of 28.00, a price-to-earnings-growth ratio of 3.14 and a beta of 1.52. Green Plains has a 1-year low of $15.60 and a 1-year high of $26.05.
In other news, Director Wayne Hoovestol bought 102,653 shares of the business’s stock in a transaction dated Friday, November 17th. The stock was bought at an average price of $16.37 per share, for a total transaction of $1,680,429.61. Following the completion of the purchase, the director now owns 218,277 shares of the company’s stock, valued at approximately $3,573,194.49. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Walter S. Cronin sold 6,737 shares of Green Plains stock in a transaction that occurred on Friday, December 22nd. The shares were sold at an average price of $16.80, for a total transaction of $113,181.60. Following the completion of the transaction, the executive vice president now owns 50,200 shares of the company’s stock, valued at approximately $843,360. The disclosure for this sale can be found here. Insiders bought 157,136 shares of company stock valued at $2,590,578 in the last quarter. 6.40% of the stock is currently owned by corporate insiders.
A number of equities research analysts have weighed in on GPRE shares. BidaskClub raised Green Plains from a “strong sell” rating to a “sell” rating in a report on Thursday, January 11th. Zacks Investment Research cut shares of Green Plains from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 26th. Piper Jaffray Companies upgraded shares of Green Plains from a “neutral” rating to an “overweight” rating in a research note on Friday, November 3rd. BMO Capital Markets reiterated an “outperform” rating and issued a $25.00 target price (down previously from $30.00) on shares of Green Plains in a research note on Monday, November 6th. Finally, Roth Capital set a $25.00 target price on shares of Green Plains and gave the company a “buy” rating in a research note on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, one has given a hold rating and six have issued a buy rating to the stock. The company has an average rating of “Hold” and an average target price of $25.33.
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Green Plains Company Profile
Green Plains Inc is an ethanol producer. The Company owns and operates assets throughout the ethanol value chain, including upstream, with grain handling and storage through its ethanol production facilities, and downstream, with marketing and distribution services. It operates through four segments: Ethanol Production, Agribusiness and Energy Services, Food and Food Ingredients, and Partnership.
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