Green Plains Inc (NASDAQ: GPRE) has seen a decline in its stock price by -2.71 in relation to its previous close of 21.75. However, the company has experienced a 0.09% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-13 that Green Plains is currently restructuring its business to become more carbon-free and increase profitability in the future. It is expanding its product portfolio to include ultra-high protein production, renewable corn oil, and carbon capture systems. The Inflation Reduction Act tax credits may be the main driver of upcoming GPRE enhancements.
Is It Worth Investing in Green Plains Inc (NASDAQ: GPRE) Right Now?
The stock has a 36-month beta value of 1.61. Opinions on the stock are mixed, with 6 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GPRE is 62.17M, and at present, short sellers hold a 10.81% of that float. On April 26, 2024, the average trading volume of GPRE was 1.16M shares.
GPRE’s Market Performance
The stock of Green Plains Inc (GPRE) has seen a 0.09% increase in the past week, with a -2.40% drop in the past month, and a 4.96% gain in the past quarter. The volatility ratio for the week is 4.16%, and the volatility levels for the past 30 days are at 4.49% for GPRE. The simple moving average for the last 20 days is -5.39% for GPRE stock, with a simple moving average of -20.18% for the last 200 days.
Analysts’ Opinion of GPRE
Many brokerage firms have already submitted their reports for GPRE stocks, with BofA Securities repeating the rating for GPRE by listing it as a “Buy.” The predicted price for GPRE in the upcoming period, according to BofA Securities is $39 based on the research report published on May 12, 2023 of the previous year 2023.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see GPRE reach a price target of $33. The rating they have provided for GPRE stocks is “Market Perform” according to the report published on April 14th, 2023.
Stephens gave a rating of “Equal-Weight” to GPRE, setting the target price at $37 in the report published on January 17th of the previous year.
GPRE Trading at -3.58% from the 50-Day Moving Average
After a stumble in the market that brought GPRE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -41.25% of loss for the given period.
Volatility was left at 4.49%, however, over the last 30 days, the volatility rate increased by 4.16%, as shares sank -5.75% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.91% lower at present.
During the last 5 trading sessions, GPRE rose by +0.09%, which changed the moving average for the period of 200-days by -37.73% in comparison to the 20-day moving average, which settled at $22.30. In addition, Green Plains Inc saw -16.10% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GPRE starting from Treuer Alain, who sale 22,999 shares at the price of $22.66 back on Feb 20 ’24. After this action, Treuer Alain now owns 230,000 shares of Green Plains Inc, valued at $521,157 using the latest closing price.
Knudsen Ejnar A III, the Director of Green Plains Inc, purchase 4,000 shares at $24.73 during a trade that took place back on Feb 12 ’24, which means that Knudsen Ejnar A III is holding 40,913 shares at $98,920 based on the most recent closing price.
Stock Fundamentals for GPRE
Current profitability levels for the company are sitting at:
- -0.02 for the present operating margin
- 0.06 for the gross margin
The net margin for Green Plains Inc stands at -0.03. The total capital return value is set at -0.04. Equity return is now at value -10.65, with -4.34 for asset returns.
Based on Green Plains Inc (GPRE), the company’s capital structure generated 0.45 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 0.8. The interest coverage ratio of the stock is -1.63.
Currently, EBITDA for the company is 48.33 million with net debt to EBITDA at 6.76. When we switch over and look at the enterprise to sales, we see a ratio of 0.51. The receivables turnover for the company is 34.59for trailing twelve months and the total asset turnover is 1.7. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.90.
Conclusion
To sum up, Green Plains Inc (GPRE) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
