Green Plains Inc. (NASDAQ:GPRE – Get Rating) has been given an average rating of “Buy” by the eleven research firms that are presently covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and nine have given a buy recommendation to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $48.56.
A number of analysts have weighed in on GPRE shares. BMO Capital Markets cut their price objective on shares of Green Plains from $52.00 to $45.00 and set an “outperform” rating on the stock in a report on Monday, February 14th. Zacks Investment Research cut shares of Green Plains from a “buy” rating to a “hold” rating in a report on Monday, April 25th. Finally, StockNews.com cut shares of Green Plains from a “hold” rating to a “sell” rating in a report on Thursday, April 14th.
Green Plains stock traded up $0.72 during trading on Friday, reaching $33.08. The stock had a trading volume of 518,343 shares, compared to its average volume of 1,129,817. Green Plains has a 52-week low of $26.09 and a 52-week high of $44.27. The business has a 50 day moving average price of $30.70 and a 200 day moving average price of $32.79. The company has a quick ratio of 1.46, a current ratio of 2.00 and a debt-to-equity ratio of 0.54. The stock has a market cap of $1.78 billion, a PE ratio of -14.26 and a beta of 1.59.
Several institutional investors have recently added to or reduced their stakes in the stock. Metropolitan Life Insurance Co NY lifted its holdings in Green Plains by 2.5% in the 3rd quarter. Metropolitan Life Insurance Co NY now owns 12,165 shares of the specialty chemicals company’s stock valued at $397,000 after purchasing an additional 299 shares in the last quarter. The Manufacturers Life Insurance Company lifted its holdings in shares of Green Plains by 1.4% during the 3rd quarter. The Manufacturers Life Insurance Company now owns 24,419 shares of the specialty chemicals company’s stock worth $797,000 after acquiring an additional 333 shares during the period. Captrust Financial Advisors lifted its holdings in shares of Green Plains by 12.6% during the 3rd quarter. Captrust Financial Advisors now owns 3,302 shares of the specialty chemicals company’s stock worth $108,000 after acquiring an additional 369 shares during the period. FourThought Financial LLC lifted its holdings in shares of Green Plains by 11.5% during the 3rd quarter. FourThought Financial LLC now owns 3,625 shares of the specialty chemicals company’s stock worth $118,000 after acquiring an additional 375 shares during the period. Finally, Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Green Plains by 0.4% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 87,375 shares of the specialty chemicals company’s stock worth $2,709,000 after acquiring an additional 390 shares during the period.
About Green Plains (Get Rating)
Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces and sells ethanol, including industrial-grade alcohol, distiller grains, and ultra-high protein and corn oil.
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