$87.73 Million in Sales Expected for Benson Hill, Inc. (NYSE:BHIL) This Quarter

Analysts expect Benson Hill, Inc. (NYSE:BHILGet Rating) to report $87.73 million in sales for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Benson Hill’s earnings, with the lowest sales estimate coming in at $86.96 million and the highest estimate coming in at $88.50 million. The firm is scheduled to announce its next earnings report on Monday, January 1st.

According to Zacks, analysts expect that Benson Hill will report full-year sales of $334.26 million for the current fiscal year. For the next financial year, analysts anticipate that the firm will report sales of $400.77 million, with estimates ranging from $375.03 million to $426.50 million. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that cover Benson Hill.

Benson Hill (NYSE:BHILGet Rating) last released its quarterly earnings data on Monday, May 16th. The company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.20) by $0.10.

Several equities research analysts recently weighed in on BHIL shares. The Goldman Sachs Group dropped their price target on Benson Hill from $9.00 to $6.00 and set a “neutral” rating on the stock in a research report on Wednesday, March 16th. Zacks Investment Research upgraded shares of Benson Hill from a “sell” rating to a “hold” rating in a report on Monday, May 9th. Roth Capital initiated coverage on Benson Hill in a research note on Friday, March 25th. They set a “buy” rating and a $9.00 price target for the company. Finally, Barclays decreased their price objective on Benson Hill from $10.00 to $8.00 and set an “overweight” rating on the stock in a research note on Tuesday, March 29th. Two analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $8.00.

NYSE BHIL opened at $2.99 on Wednesday. The company has a debt-to-equity ratio of 0.31, a quick ratio of 3.27 and a current ratio of 3.95. Benson Hill has a 12-month low of $2.45 and a 12-month high of $10.00. The company has a 50-day simple moving average of $3.84 and a two-hundred day simple moving average of $4.86.

Several hedge funds and other institutional investors have recently bought and sold shares of BHIL. TD Asset Management Inc. purchased a new stake in Benson Hill during the third quarter worth $847,000. Magnetar Financial LLC acquired a new stake in shares of Benson Hill in the 3rd quarter worth $530,000. Wolverine Trading LLC purchased a new position in shares of Benson Hill during the 3rd quarter worth $397,000. Whetstone Capital Advisors LLC purchased a new stake in shares of Benson Hill in the third quarter valued at about $5,348,000. Finally, Sculptor Capital LP acquired a new stake in Benson Hill during the third quarter worth about $918,000. 13.45% of the stock is 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.

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