Benson Hill (NYSE:BHIL) Upgraded to “Hold” by Zacks Investment Research

Zacks Investment Research upgraded shares of Benson Hill (NYSE:BHILGet Rating) from a sell rating to a hold rating in a report issued on Monday, Zacks.com reports.

According to Zacks, “Benson Hill Inc. is a food technology company unlocking the natural genetic diversity of plants with its cutting-edge food innovation engine. Benson Hill Inc., formerly known as Star Peak Corp II, is based in ST. LOUIS. “

Several other analysts have also recently issued reports on BHIL. The Goldman Sachs Group dropped their target price on Benson Hill from $9.00 to $6.00 and set a neutral rating for the company in a report on Wednesday, March 16th. Roth Capital assumed coverage on Benson Hill in a report on Friday, March 25th. They issued a buy rating and a $9.00 target price for the company. Finally, Barclays dropped their target price on Benson Hill from $10.00 to $8.00 and set an overweight rating for the company in a report on Tuesday, March 29th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of Buy and an average target price of $8.00.

Shares of BHIL opened at $3.75 on Monday. The company has a debt-to-equity ratio of 0.31, a current ratio of 3.95 and a quick ratio of 3.27. Benson Hill has a one year low of $2.53 and a one year high of $10.00. The stock’s 50 day moving average price is $3.86.

Benson Hill (NYSE:BHILGet Rating) last issued its quarterly earnings results on Monday, March 28th. The company reported ($0.32) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.14) by ($0.18). The company had revenue of $43.72 million during the quarter. As a group, equities analysts predict that Benson Hill will post -0.77 EPS for the current year.

Several institutional investors have recently made changes to their positions in the company. Wagner Wealth Management LLC acquired a new position in shares of Benson Hill in the 4th quarter valued at $30,000. Penserra Capital Management LLC acquired a new position in shares of Benson Hill in the 3rd quarter valued at $79,000. Victory Capital Management Inc. acquired a new position in shares of Benson Hill in the 4th quarter valued at $94,000. Raymond James & Associates acquired a new position in shares of Benson Hill in the 4th quarter valued at $99,000. Finally, Squarepoint Ops LLC acquired a new position in Benson Hill during the 4th quarter worth about $102,000. 13.45% of the stock is currently owned by institutional investors and hedge funds.

Benson Hill Company Profile (Get Rating)

Benson Hill, Inc, together with its subsidiaries, operates as a food technology company that unlocks natural genetic diversity of plants. It operates in two segments, Ingredients and Fresh. The company offers CropOS, a technology platform, which uses artificial intelligence, data, and various advanced breeding techniques that combine data, plant, and food sciences to deliver crops optimized for food, ingredient, and feed products.

Featured Articles

Get a free copy of the Zacks research report on Benson Hill (BHIL)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Receive News & Ratings for Benson Hill Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Benson Hill and related companies with MarketBeat.com's FREE daily email newsletter.