Benson Hill (BHIL) Scheduled to Post Quarterly Earnings on Thursday

Benson Hill (NYSE:BHIL) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 9th. Analysts expect the company to announce earnings of ($0.19) per share for the quarter. Individual that are interested in registering for the company’s earnings conference call can do so using this link.

Benson Hill (NYSE:BHIL) last released its quarterly earnings data on Wednesday, August 9th. The company reported ($0.15) earnings per share for the quarter, beating the consensus estimate of ($0.18) by $0.03. The company had revenue of $109.04 million during the quarter, compared to analyst estimates of $100.68 million. Benson Hill had a negative net margin of 30.37% and a negative return on equity of 48.63%. On average, analysts expect Benson Hill to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Benson Hill Stock Performance

Shares of BHIL stock opened at $0.17 on Thursday. The firm has a market capitalization of $34.42 million, a PE ratio of -0.21 and a beta of 1.77. The firm has a fifty day simple moving average of $0.41 and a two-hundred day simple moving average of $0.93. The company has a current ratio of 3.82, a quick ratio of 3.03 and a debt-to-equity ratio of 1.32. Benson Hill has a 12 month low of $0.14 and a 12 month high of $3.45.

Analysts Set New Price Targets

Separately, Oppenheimer downgraded shares of Benson Hill from an “outperform” rating to a “market perform” rating in a report on Wednesday, August 9th.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of the stock. Price T Rowe Associates Inc. MD grew its position in Benson Hill by 62.9% during the third quarter. Price T Rowe Associates Inc. MD now owns 26,549 shares of the company’s stock valued at $73,000 after acquiring an additional 10,248 shares during the last quarter. Deutsche Bank AG boosted its stake in shares of Benson Hill by 13.6% during the fourth quarter. Deutsche Bank AG now owns 89,035 shares of the company’s stock valued at $227,000 after purchasing an additional 10,671 shares during the period. The Manufacturers Life Insurance Company boosted its stake in shares of Benson Hill by 17.7% during the second quarter. The Manufacturers Life Insurance Company now owns 80,116 shares of the company’s stock valued at $104,000 after purchasing an additional 12,044 shares during the period. JPMorgan Chase & Co. boosted its stake in shares of Benson Hill by 7.3% during the first quarter. JPMorgan Chase & Co. now owns 195,655 shares of the company’s stock valued at $225,000 after purchasing an additional 13,313 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its stake in shares of Benson Hill by 1.3% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,053,927 shares of the company’s stock valued at $1,212,000 after purchasing an additional 13,399 shares during the period. 32.63% of the stock is currently owned by institutional investors.

About Benson Hill

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.