Green Plains Inc (NASDAQ:GPRE) price on Thursday, February 06, fall -1.89% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $8.29.
A look at the stock’s price movement, the close in the last trading session was $8.45, moving within a range at $8.24 and $8.63. The beta value (5-Year monthly) was 1.528. Turning to its 52-week performance, $25.24 and $8.41 were the 52-week high and 52-week low respectively. Overall, GPRE moved -17.43% over the past month.
Green Plains Inc’s market cap currently stands at around $535.96 million, with investors looking forward to this quarter’s earnings report slated for in March.
Analysts have a consensus estimate of 630M for the company’s revenue for the quarter, with a low and high estimate of 549M and 787.96M respectively. The average forecast suggests down to a -11.57% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.5B, representing a -24.08% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that GPRE is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 2 recommend GPRE as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
GPRE’s current price about -10.62% and -15.83% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 34.66, while 7-day volatility ratio is 4.75% and 5.16% in the 30-day chart. Further, Green Plains Inc (GPRE) has a beta value of 1.50, and an average true range (ATR) of 0.49. Analysts have given the company’s stock an average 52-week price target of $18, forecast between a low of $17 and high of $28. Looking at the price targets, the low is -105.07% off current price level while to achieve the yearly target high, price needs to move -237.76%. Nonetheless, investors will most likely welcome a -117.13% jump to $18 which is the analysts’ median price.
If we refocus on Green Plains Inc (NASDAQ:GPRE), historical trading data shows that trading volumes averaged 1.09 over the past 10 days and 1.22 million over the past 3 months. The company’s latest data on shares outstanding shows there are 64.65 million shares.
The 2.53% of Green Plains Inc’s shares are in the hands of company insiders while institutional holders own 101.80% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 6.4 million on 2025-01-15, giving us a short ratio of 4.83. The data shows that as of 2025-01-15 short interest in Green Plains Inc (GPRE) stood at 1256.0001000000002 of shares outstanding, with shares short falling to 6.78 million registered in 2024-12-13. Current price change has pushed the stock -12.55% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the GPRE stock continues to rise going into the next quarter.
