Green Plains Inc. (NASDAQ:GPRE) Receives $24.44 Consensus PT from Analysts

Green Plains Inc. (NASDAQ:GPRE) has been given an average recommendation of “Moderate Buy” by the eight analysts that are covering the company, Marketbeat reports. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have issued ratings on the stock in the last year is $22.56.

A number of equities research analysts recently weighed in on GPRE shares. Truist Financial restated a “buy” rating and set a $12.00 price objective (down previously from $18.00) on shares of Green Plains in a research report on Thursday. StockNews.com lowered Green Plains from a “hold” rating to a “sell” rating in a research report on Monday, February 10th. BMO Capital Markets reduced their price objective on Green Plains from $13.00 to $8.00 and set a “market perform” rating on the stock in a research report on Monday, February 10th. Finally, Stephens upgraded Green Plains to a “hold” rating in a research report on Monday, December 2nd.

Green Plains Price Performance

Green Plains stock opened at $6.67 on Friday. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78. Green Plains has a 52 week low of $5.96 and a 52 week high of $24.12. The stock has a market capitalization of $431.22 million, a P/E ratio of -17.55, a price-to-earnings-growth ratio of 3.69 and a beta of 1.44. The stock has a fifty day moving average of $9.32 and a 200-day moving average of $11.61.

Green Plains (NASDAQ:GPRE) last posted its quarterly earnings results on Friday, February 7th. The specialty chemicals company reported ($0.86) EPS for the quarter, missing analysts’ consensus estimates of ($0.22) by ($0.64). Green Plains had a negative return on equity of 4.81% and a negative net margin of 0.79%. During the same period last year, the firm posted $0.13 EPS. On average, sell-side analysts expect that Green Plains will post -1.02 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Green Plains

A number of institutional investors have recently made changes to their positions in GPRE. The Manufacturers Life Insurance Company grew its position in shares of Green Plains by 11.2% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 33,342 shares of the specialty chemicals company’s stock valued at $529,000 after buying an additional 3,356 shares during the last quarter. SG Americas Securities LLC lifted its stake in shares of Green Plains by 106.8% in the 3rd quarter. SG Americas Securities LLC now owns 35,991 shares of the specialty chemicals company’s stock valued at $487,000 after purchasing an additional 18,588 shares during the period. Inspire Investing LLC lifted its stake in shares of Green Plains by 39.2% in the 3rd quarter. Inspire Investing LLC now owns 33,087 shares of the specialty chemicals company’s stock valued at $448,000 after purchasing an additional 9,325 shares during the period. nVerses Capital LLC acquired a new position in shares of Green Plains in the 3rd quarter valued at about $65,000. Finally, Inspire Advisors LLC acquired a new position in shares of Green Plains in the 3rd quarter valued at about $185,000.

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.