Renewable Energy Group Inc. (NASDAQ:REGI) went up by 3.78% from its latest closing price compared to the recent 1-year high of $117.00. The company’s stock price has collected 4.28% of gains in the last five trading sessions. MarketWatch.com reported on 06/02/21 that Want to get in on hot energy stocks? Wall Street favors these 20 picks for gains up to 40%
Is It Worth Investing in Renewable Energy Group Inc. (NASDAQ :REGI) Right Now?
Renewable Energy Group Inc. (NASDAQ:REGI) scored a price-to-earnings ratio above its average ratio, recording 36.22 x from its present earnings ratio. Plus, the 36-month beta value for REGI is at 0.72. Opinions of the stock are interesting as 9 analysts out of 13 who provided ratings for Renewable Energy Group Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 3 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $85.83, which is $14.6 above the current price. REGI currently public float of 39.52M and currently shorts hold a 9.77% ratio of that float. Today, the average trading volume of REGI was 1.39M shares.
REGI’s Market Performance
REGI stocks went up by 4.28% for the week, with a monthly jump of 25.89% and a quarterly performance of -13.58%, while its annual performance rate touched 118.32%. The volatility ratio for the week stands at 5.95% while the volatility levels for the past 30 days are set at 6.19% for Renewable Energy Group Inc.. The simple moving average for the period of the last 20 days is 13.79% for REGI stocks with a simple moving average of 7.67% for the last 200 days.
Analysts’ Opinion of REGI
Many brokerage firms have already submitted their reports for REGI stocks, with Citigroup repeating the rating for REGI by listing it as a “Buy.” The predicted price for REGI in the upcoming period, according to Citigroup is $90 based on the research report published on June 09th of the current year 2021.
Cowen gave a rating of “Outperform” to REGI, setting the target price at $80 in the report published on March 26th of the current year.
REGI Trading at 15.70% from the 50-Day Moving Average
After a stumble in the market that brought REGI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -39.21% of loss for the given period.
Volatility was left at 6.19%, however, over the last 30 days, the volatility rate increased by 5.95%, as shares surge +27.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.92% upper at present.
During the last 5 trading sessions, REGI rose by +4.28%, which changed the moving average for the period of 200-days by +94.61% in comparison to the 20-day moving average, which settled at $63.28. In addition, Renewable Energy Group Inc. saw 0.44% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at REGI starting from Stroburg Jeffrey, who sale 10,214 shares at the price of $68.07 back on Jun 04. After this action, Stroburg Jeffrey now owns 210,079 shares of Renewable Energy Group Inc., valued at $695,267 using the latest closing price.
Sorrells Christopher D., the Director of Renewable Energy Group Inc., sale 5,000 shares at $70.00 during a trade that took place back on Jun 03, which means that Sorrells Christopher D. is holding 28,835 shares at $350,000 based on the most recent closing price.
Stock Fundamentals for REGI
Current profitability levels for the company are sitting at:
- +5.25 for the present operating margin
- +10.83 for the gross margin
The net margin for Renewable Energy Group Inc. stands at +5.63. The total capital return value is set at 8.64, while invested capital returns managed to touch 10.20.
Based on Renewable Energy Group Inc. (REGI), the company’s capital structure generated 8.10 points at debt to equity in total, while total debt to capital is 7.49. Total debt to assets is 6.50, with long-term debt to equity ratio resting at 2.59. Finally, the long-term debt to capital ratio is 2.39.
When we switch over and look at the enterprise to sales, we see a ratio of 1.38, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 4.12 and the total asset turnover is 1.32. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.68.