Green Plains (NASDAQ:GPRE – Get Free Report) released its quarterly earnings data on Friday. The specialty chemicals company reported ($0.86) EPS for the quarter, missing the consensus estimate of ($0.22) by ($0.64), Zacks reports. Green Plains had a negative net margin of 0.79% and a negative return on equity of 4.81%. During the same quarter in the prior year, the company posted $0.13 EPS.
Green Plains Price Performance
Shares of Green Plains stock traded down $1.91 on Friday, hitting $6.39. The company’s stock had a trading volume of 4,554,541 shares, compared to its average volume of 1,415,126. Green Plains has a 1 year low of $6.30 and a 1 year high of $25.22. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78. The firm has a fifty day moving average price of $9.75 and a 200-day moving average price of $11.98. The company has a market capitalization of $412.79 million, a price-to-earnings ratio of -16.78, a price-to-earnings-growth ratio of 1.41 and a beta of 1.44.
Analysts Set New Price Targets
GPRE has been the subject of a number of recent research reports. Truist Financial dropped their price objective on shares of Green Plains from $25.00 to $18.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Stephens raised shares of Green Plains to a “hold” rating in a research report on Monday, December 2nd. Finally, StockNews.com upgraded shares of Green Plains from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Four research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $24.44.
About Green Plains
Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.
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