Alto Ingredients (ALTO) Stock Price, News & Analysis

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.

Key Stats

• Today's Range: $1.45 to $1.58
• 50-Day Range: $1.21 to $1.94
• 52-Week Range: $1.18 to $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

Alto Ingredients Stock Analysis - MarketRank™

Alto Ingredients scored higher than 67% of companies evaluated by MarketBeat, and ranked 125th 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.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

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.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

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.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

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

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Alto Ingredients does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

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 and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

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 0.64 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.

Company Ownership

• Score: 0.8 / 5
• Insider Trading: N/A

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.

ALTO Stock Analysis - Frequently Asked Questions

How have ALTO shares performed this year?

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

How were Alto Ingredients' earnings last quarter?

Alto Ingredients, Inc. (NASDAQ:ALTO) issued its earnings results on Wednesday, November, 6th. The company reported ($0.04) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.02 by $0.06. The firm had revenue of $251.81 million for the quarter, compared to analysts' expectations of $274.94 million. Alto Ingredients had a negative trailing twelve-month return on equity of 11.22% and a negative net margin of 3.61%.

Who are Alto Ingredients' major shareholders?

Alto Ingredients' top institutional investors 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.

How do I buy shares of Alto Ingredients?

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.

What other stocks do shareholders of Alto Ingredients own?

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

• Stock Exchange: NASDAQ
• Sector: Consumer Discretionary
• Industry: Industrial organic chemicals
• Sub-Industry: Chemicals
• Current Symbol: NASDAQ:ALTO
• CUSIP: N/A
• CIK: 778164
• Web: www.altoingredients.com
• Phone: (916) 403-2123
• Fax: 916-446-3937
• 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

• EPS (Most Recent Fiscal Year): ($0.52)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-28,000,000.00
• Net Margins: -3.61%
• Pretax Margin: -3.60%
• Return on Equity: -11.22%
• Return on Assets: -6.96%

Debt

• Debt-to-Equity Ratio: 0.32
• Current Ratio: 3.22
• Quick Ratio: 2.15

Sales & Book Value

• Annual Sales: $1.00 billion
• Price / Sales: 0.11
• Cash Flow: $0.05 per share
• Price / Cash Flow: 32.53
• Book Value: $3.69 per share
• Price / Book: 0.40

Miscellaneous

• Outstanding Shares: 76,647,000
• Free Float: 72,930,000
• Market Cap: $113.44 million
• Optionable: Optionable
• Beta: 1.91