Green Plains Inc (NASDAQ:GPRE) CEO Todd A. Becker acquired 5,000 shares of Green Plains stock in a transaction dated Tuesday, September 22nd. The stock was purchased at an average cost of $14.72 per share, for a total transaction of $73,600.00. Following the completion of the purchase, the chief executive officer now directly owns 544,595 shares in the company, valued at $8,016,438.40. The acquisition was disclosed in a document filed with the SEC, which is available at this link.
GPRE traded down $0.95 during trading on Wednesday, reaching $13.92. 472,640 shares of the company were exchanged, compared to its average volume of 670,724. The stock has a market cap of $496.29 million, a P/E ratio of -4.80 and a beta of 2.15. The firm has a 50 day moving average of $14.73 and a 200 day moving average of $9.74. The company has a current ratio of 1.59, a quick ratio of 1.06 and a debt-to-equity ratio of 0.40. Green Plains Inc has a 52 week low of $3.77 and a 52 week high of $17.76.
Green Plains (NASDAQ:GPRE) last issued its quarterly earnings data on Monday, August 3rd. The specialty chemicals company reported ($0.24) EPS for the quarter, topping the Zacks’ consensus estimate of ($0.72) by $0.48. The firm had revenue of $417.99 million during the quarter, compared to the consensus estimate of $650.00 million. Green Plains had a negative return on equity of 7.12% and a negative net margin of 4.31%. As a group, analysts forecast that Green Plains Inc will post -1.45 earnings per share for the current fiscal year.
GPRE has been the topic of several recent research reports. Jefferies Financial Group boosted their price target on Green Plains from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Monday, August 31st. Craig Hallum upped their target price on Green Plains from $11.00 to $18.00 and gave the company a “buy” rating in a research report on Wednesday, August 5th. Zacks Investment Research raised Green Plains from a “sell” rating to a “hold” rating in a research report on Thursday, August 20th. BidaskClub raised Green Plains from a “hold” rating to a “buy” rating in a research report on Thursday, September 17th. Finally, ValuEngine lowered Green Plains from a “buy” rating to a “hold” rating in a research report on Tuesday, August 4th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $14.00.
Green Plains Company Profile
Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. The company operates in four segments: Ethanol Production; Agribusiness and Energy Services; Food and Ingredients; and Partnership. The Ethanol Production segment produces and sells ethanol, distiller grains, and corn oil.
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