HC Wainwright Has Negative Outlook for Gevo FY2027 Earnings

Gevo, Inc. (NASDAQ:GEVO) – Equities research analysts at HC Wainwright decreased their FY2027 earnings per share (EPS) estimates for Gevo in a note issued to investors on Friday, November 8th. HC Wainwright analyst A. Dayal now forecasts that the energy company will post earnings per share of $0.40 for the year, down from their previous forecast of $0.46. HC Wainwright has a “Buy” rating and a $14.00 price target on the stock. The consensus estimate for Gevo’s current full-year earnings is ($0.36) per share.

Separately, UBS Group lifted their price target on Gevo from $0.85 to $3.25 and gave the company a “neutral” rating in a report on Tuesday, October 22nd.

Gevo Price Performance

Shares of GEVO opened at $1.59 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 10.22 and a quick ratio of 10.09. The company has a market cap of $380.76 million, a P/E ratio of -4.68 and a beta of 2.94. Gevo has a 12 month low of $0.48 and a 12 month high of $3.39. The stock has a fifty day moving average price of $1.81 and a 200 day moving average price of $1.06.

Insider Buying and Selling

In other Gevo news, CEO Patrick R. Gruber sold 164,428 shares of the business’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $0.76, for a total transaction of $124,965.28. Following the sale, the chief executive officer now directly owns 3,757,976 shares in the company, valued at approximately $2,856,061.76. The trade was a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Gevo news, CEO Patrick R. Gruber sold 164,428 shares of the stock in a transaction on Thursday, August 22nd. The stock was sold at an average price of $0.76, for a total transaction of $124,965.28. Following the completion of the transaction, the chief executive officer now directly owns 3,757,976 shares of the company’s stock, valued at approximately $2,856,061.76. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CFO L Lynn Smull sold 69,738 shares of the firm’s stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $0.76, for a total value of $53,000.88. Following the transaction, the chief financial officer now directly owns 1,169,602 shares of the company’s stock, valued at $888,897.52. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 377,474 shares of company stock valued at $367,007 over the last 90 days. 4.00% of the stock is currently owned by company insiders.

Institutional Trading of Gevo

Several hedge funds and other institutional investors have recently modified their holdings of GEVO. Millennium Management LLC acquired a new position in shares of Gevo during the 2nd quarter worth $2,888,000. Point72 Asia Singapore Pte. Ltd. acquired a new stake in shares of Gevo during the 2nd quarter worth approximately $295,000. Vanguard Group Inc. increased its holdings in Gevo by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 13,805,071 shares of the energy company’s stock valued at $10,612,000 after buying an additional 409,693 shares during the period. Cubist Systematic Strategies LLC bought a new position in Gevo during the second quarter worth about $112,000. Finally, Price T Rowe Associates Inc. MD boosted its holdings in Gevo by 128.8% during the first quarter. Price T Rowe Associates Inc. MD now owns 341,936 shares of the energy company’s stock valued at $263,000 after purchasing an additional 192,457 shares in the last quarter. Institutional investors and hedge funds own 35.17% of the company’s stock.

Gevo Company Profile

Gevo, Inc operates as a carbon abatement company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company focuses on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels. It offers renewable gasoline and diesel, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein.