Research Analysts Issue Forecasts for Gevo FY2029 Earnings

Gevo, Inc. (NASDAQ:GEVOFree Report) – Analysts at HC Wainwright boosted their FY2029 earnings estimates for Gevo in a research note issued to investors on Friday, March 6th. HC Wainwright analyst A. Dayal now forecasts that the energy company will post earnings of $1.09 per share for the year, up from their previous estimate of $0.95. The consensus estimate for Gevo’s current full-year earnings is ($0.42) per share.

Gevo (NASDAQ:GEVOGet Free Report) last announced its quarterly earnings data on Thursday, March 5th. The energy company reported ($0.02) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.03) by $0.01. The company had revenue of $45.35 million for the quarter, compared to analysts’ expectations of $43.52 million. Gevo had a negative return on equity of 7.20% and a negative net margin of 21.07%.

GEVO has been the topic of a number of other research reports. Northland Securities reissued an “outperform” rating and set a $3.00 price target on shares of Gevo in a research report on Wednesday, December 31st. Weiss Ratings restated a “sell (d-)” rating on shares of Gevo in a report on Thursday, January 22nd. Finally, Wall Street Zen lowered shares of Gevo from a “hold” rating to a “sell” rating in a research note on Saturday. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $6.42.

Get Our Latest Analysis on GEVO

Gevo Trading Up 13.2%

Shares of NASDAQ GEVO opened at $2.14 on Monday. The company has a quick ratio of 1.58, a current ratio of 1.82 and a debt-to-equity ratio of 0.35. The business has a fifty day simple moving average of $1.94 and a two-hundred day simple moving average of $2.04. The firm has a market cap of $518.54 million, a PE ratio of -16.46 and a beta of 1.51. Gevo has a twelve month low of $0.92 and a twelve month high of $2.95.

Institutional Investors Weigh In On Gevo

Several institutional investors have recently bought and sold shares of GEVO. Key Client Fiduciary Advisors LLC purchased a new position in Gevo in the fourth quarter worth $25,000. Berger Financial Group Inc purchased a new stake in shares of Gevo during the 4th quarter valued at $26,000. BNP Paribas Financial Markets lifted its holdings in shares of Gevo by 138.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 20,927 shares of the energy company’s stock valued at $28,000 after purchasing an additional 12,136 shares during the last quarter. Franklin Resources Inc. purchased a new stake in shares of Gevo during the 4th quarter valued at $28,000. Finally, Legal & General Group Plc acquired a new stake in shares of Gevo in the 2nd quarter worth $28,000. 35.17% of the stock is currently owned by institutional investors and hedge funds.

Key Gevo News

Here are the key news stories impacting Gevo this week:

About Gevo

(Get Free Report)

Gevo, Inc (NASDAQ: GEVO) is a renewable chemicals and biofuels company that develops and produces low-carbon alternatives to petroleum-based products. The company’s core technology platform converts fermentable sugars into isobutanol, which can be further processed into sustainable aviation fuel (SAF), renewable gasoline, diesel, and jet fuel. Gevo’s integrated biorefinery model combines fermentation, recovery, and downstream processing to deliver scalable, drop-in replacements for conventional fossil-derived hydrocarbons.

Gevo’s primary products include isobutanol, a four-carbon alcohol used as a building block for various fuels and chemicals, and hydrocarbon fuels that meet ASTM specifications for aviation and road transport.

Featured Stories

Earnings History and Estimates for Gevo (NASDAQ:GEVO)

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