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Alto Ingredients (ALTO) Stock Price, News & Analysis

Alto Ingredients logo
$1.48 -0.05 (-3.27%)
(As of 12/20/2024 05:15 PM ET)

About Alto Ingredients Stock (NASDAQ:ALTO)

Key Stats

Today's Range
$1.45
$1.58
50-Day Range
$1.21
$1.94
52-Week Range
$1.18
$2.95
Volume
1.59 million shs
Average Volume
609,151 shs
Market Capitalization
$113.44 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.50
Consensus Rating
Buy

Company Overview

Alto Ingredients, Inc. produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Campus Production, and Western Production. It offers specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and cleaners for health, home, and beauty markets; grain neutral spirits used in alcoholic beverages and vinegar, as well as corn germ used in corn oils in the food and beverage markets; alcohols and other products for paint applications and fertilizers in the industrial and agriculture markets; and essential ingredients include dried yeast, corn protein meal, corn protein feed, distiller's grains, and liquid feed for commercial animal feed and pet food applications, as well as yeast for human consumption. The company also provides fuel-grade ethanol used as transportation fuel and distillers corn oil used as a biodiesel feedstock, as well as fuel-grade ethanol produced by third parties. In addition, it offers transportation, storage, and delivery services through third-party service providers. The company sells ethanol to integrated oil companies and gasoline marketers; essential ingredient feed products to dairies and feedlots; and corn oil to poultry, renewable diesel, and biodiesel customers. It operates alcohol production facilities. The company was formerly known as Pacific Ethanol, Inc. and changed its name to Alto Ingredients, Inc. in January 2021. Alto Ingredients, Inc. was founded in 2003 and is headquartered in Pekin, Illinois.

Alto Ingredients Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
67th Percentile Overall Score

ALTO MarketRank™: 

Alto Ingredients scored higher than 67% of companies evaluated by MarketBeat, and ranked 123rd out of 287 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Alto Ingredients has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Alto Ingredients has received no research coverage in the past 90 days.

  • Read more about Alto Ingredients' stock forecast and price target.
  • Earnings Growth

    Earnings for Alto Ingredients are expected to grow in the coming year, from ($0.37) to $0.34 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Alto Ingredients is -2.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Alto Ingredients is -2.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Alto Ingredients has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Percentage of Shares Shorted

    1.00% of the float of Alto Ingredients has been sold short.
  • Short Interest Ratio / Days to Cover

    Alto Ingredients has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Alto Ingredients has recently decreased by 25.05%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Alto Ingredients does not currently pay a dividend.

  • Dividend Growth

    Alto Ingredients does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    1.00% of the float of Alto Ingredients has been sold short.
  • Short Interest Ratio / Days to Cover

    Alto Ingredients has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Alto Ingredients has recently decreased by 25.05%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Alto Ingredients has a news sentiment score of 1.67. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Alto Ingredients this week, compared to 3 articles on an average week.
  • Search Interest

    Only 1 people have searched for ALTO on MarketBeat in the last 30 days. This is a decrease of -83% compared to the previous 30 days.
  • MarketBeat Follows

    Only 3 people have added Alto Ingredients to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Alto Ingredients insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 4.85% of the stock of Alto Ingredients is held by insiders.

  • Percentage Held by Institutions

    42.44% of the stock of Alto Ingredients is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Alto Ingredients' insider trading history.
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ALTO Stock News Headlines

Alto Ingredients Leads 3 US Penny Stocks To Consider
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Alto Ingredients to cold idle Magic Valley facility at year end
Alto Ingredients Reports Q3 2024 Earnings Highlights
See More Headlines

ALTO Stock Analysis - Frequently Asked Questions

Alto Ingredients' stock was trading at $2.66 at the start of the year. Since then, ALTO stock has decreased by 44.4% and is now trading at $1.48.
View the best growth stocks for 2024 here
.

Alto Ingredients, Inc. (NASDAQ:ALTO) released its quarterly earnings data on Wednesday, November, 6th. The company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of $0.02 by $0.06. The firm earned $251.81 million during the quarter, compared to analyst estimates of $274.94 million. Alto Ingredients had a negative net margin of 3.61% and a negative trailing twelve-month return on equity of 11.22%.

Top institutional shareholders of Alto Ingredients include Charles Schwab Investment Management Inc. (1.85%), Creative Financial Designs Inc. ADV (1.47%), The Manufacturers Life Insurance Company (0.48%) and Jane Street Group LLC (0.38%). Insiders that own company stock include Gilbert E Nathan, Michael D Kandris, Auste M Graham and Maria G Gray.
View institutional ownership trends
.

Shares of ALTO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Alto Ingredients investors own include Plug Power (PLUG), Workhorse Group (WKHS), FuelCell Energy (FCEL), Ovid Therapeutics (OVID), Fortress Biotech (FBIO), KALA BIO (KALA) and Comtech Telecommunications (CMTL).

Company Calendar

Last Earnings
11/06/2024
Today
12/21/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
Chemicals
Current Symbol
NASDAQ:ALTO
Employees
420
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.50
High Stock Price Target
$5.50
Low Stock Price Target
$5.50
Potential Upside/Downside
+271.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-28,000,000.00
Pretax Margin
-3.60%

Debt

Sales & Book Value

Annual Sales
$1.00 billion
Cash Flow
$0.05 per share
Book Value
$3.69 per share

Miscellaneous

Free Float
72,930,000
Market Cap
$113.44 million
Optionable
Optionable
Beta
1.91
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This page (NASDAQ:ALTO) was last updated on 12/21/2024 by MarketBeat.com Staff
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