Pacific Ethanol (NASDAQ:PEIX) is set to announce its earnings results after the market closes on Wednesday, July 31st. Analysts expect the company to announce earnings of ($0.19) per share for the quarter.
Pacific Ethanol (NASDAQ:PEIX) last released its earnings results on Wednesday, May 1st. The oil and gas company reported ($0.29) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of ($0.09) by ($0.20). Pacific Ethanol had a negative return on equity of 19.59% and a negative net margin of 4.46%. The firm had revenue of $355.80 million during the quarter, compared to analysts’ expectations of $387.87 million. On average, analysts expect Pacific Ethanol to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.
NASDAQ:PEIX remained flat at $$0.54 during trading hours on Tuesday. The company’s stock had a trading volume of 5,540 shares, compared to its average volume of 273,561. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.75 and a quick ratio of 0.48. The business has a 50-day moving average of $0.74. Pacific Ethanol has a twelve month low of $0.51 and a twelve month high of $3.24. The firm has a market cap of $26.94 million, a price-to-earnings ratio of -0.38 and a beta of 2.00.
A number of analysts have issued reports on PEIX shares. HC Wainwright reissued a “buy” rating on shares of Ballard Power Systems in a research report on Friday, May 3rd. Zacks Investment Research downgraded GENEL ENERGY PL/ADR from a “hold” rating to a “sell” rating in a research report on Thursday, July 4th. Finally, ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a research report on Tuesday, July 2nd. Three analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $4.50.
Pacific Ethanol Company Profile
Pacific Ethanol, Inc produces and markets low-carbon renewable fuels and alcohol products in the United States. The company operates in two segments, Production and Marketing. It produces and markets ethanol; and co-products, such as wet and dry distillers grains, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil, distillers yeast, and CO2, as well as markets ethanol produced by third parties.
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