Green Plains (NASDAQ:GPRE - Get Free Report) released its earnings results on Friday. The specialty chemicals company reported ($0.86) EPS for the quarter, missing analysts' consensus estimates of ($0.22) by ($0.64), Zacks reports. Green Plains had a negative return on equity of 4.81% and a negative net margin of 0.79%. During the same quarter in the previous year, the firm posted $0.13 EPS.
Green Plains Trading Down 4.8 %
Shares of GPRE stock traded down $0.31 during trading hours on Tuesday, hitting $6.20. The company had a trading volume of 2,690,614 shares, compared to its average volume of 1,665,923. The company's fifty day moving average is $9.57 and its 200 day moving average is $11.77. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.78 and a quick ratio of 1.16. Green Plains has a fifty-two week low of $6.10 and a fifty-two week high of $24.84. The stock has a market capitalization of $400.83 million, a PE ratio of -16.32, a price-to-earnings-growth ratio of 3.69 and a beta of 1.44.
Analysts Set New Price Targets
Several brokerages recently issued reports on GPRE. StockNews.com cut shares of Green Plains from a "hold" rating to a "sell" rating in a research note on Monday. BMO Capital Markets dropped their price objective on shares of Green Plains from $13.00 to $8.00 and set a "market perform" rating for the company in a research note on Monday. Stephens raised shares of Green Plains to a "hold" rating in a research note on Monday, December 2nd. Finally, Truist Financial dropped their price objective on shares of Green Plains from $25.00 to $18.00 and set a "buy" rating for the company in a research note on Wednesday, October 16th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Hold" and a consensus target price of $23.31.
Check Out Our Latest Analysis on GPRE
Green Plains Company Profile
(
Get Free Report)
Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.
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