A number of research firms have changed their ratings and price targets for Green Plains (NASDAQ: GPRE):

  • 11/6/2017 – Green Plains had its “outperform” rating reaffirmed by analysts at BMO Capital Markets. They now have a $25.00 price target on the stock, down previously from $30.00.
  • 11/3/2017 – Green Plains was upgraded by analysts at Piper Jaffray Companies from a “neutral” rating to an “overweight” rating.
  • 10/26/2017 – Green Plains was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “strong sell” rating. According to Zacks, “Green Plains Inc. is vertically integrated producer, marketer and distributer of ethanol. The company operates through four segments: Ethanol Production, Corn Oil Production, Agribusiness, and Marketing and Distribution. It produces ethanol and co-products, such as wet, modified wet or dried distillers grains, as well as extracts non-edible corn oil. The company is also involved in buying and selling bulk grain primarily corn and soybeans. Green Plains Inc., formerly known as Green Plains Renewable Energy, Inc., is headquartered in Omaha, Nebraska. “
  • 10/24/2017 – Green Plains was given a new $25.00 price target on by analysts at Roth Capital. They now have a “buy” rating on the stock.
  • 10/6/2017 – Green Plains was given a new $19.00 price target on by analysts at Piper Jaffray Companies. They now have a “hold” rating on the stock.
  • 10/4/2017 – Green Plains was upgraded by analysts at Zacks Investment Research from a “strong sell” rating to a “hold” rating. According to Zacks, “Green Plains Inc. is vertically integrated producer, marketer and distributer of ethanol. The company operates through four segments: Ethanol Production, Corn Oil Production, Agribusiness, and Marketing and Distribution. It produces ethanol and co-products, such as wet, modified wet or dried distillers grains, as well as extracts non-edible corn oil. The company is also involved in buying and selling bulk grain primarily corn and soybeans. Green Plains Inc., formerly known as Green Plains Renewable Energy, Inc., is headquartered in Omaha, Nebraska. “
  • 9/14/2017 – Green Plains is now covered by analysts at Craig Hallum. They set a “buy” rating and a $29.00 price target on the stock.

Green Plains, Inc. (GPRE) traded down $0.05 during mid-day trading on Monday, hitting $16.50. 809,800 shares of the stock traded hands, compared to its average volume of 898,579. The company has a debt-to-equity ratio of 0.82, a quick ratio of 0.70 and a current ratio of 1.57. Green Plains, Inc. has a twelve month low of $16.00 and a twelve month high of $29.85.

Green Plains (NASDAQ:GPRE) last posted its earnings results on Wednesday, November 1st. The specialty chemicals company reported ($0.18) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.29 by ($0.47). Green Plains had a negative return on equity of 0.88% and a net margin of 0.92%. The firm had revenue of $901.20 million for the quarter, compared to analysts’ expectations of $933.36 million. During the same period in the previous year, the company earned $0.20 earnings per share. The company’s revenue was up 7.0% compared to the same quarter last year. sell-side analysts forecast that Green Plains, Inc. will post -0.44 earnings per share for the current fiscal year.

In other news, CFO John W. Neppl bought 30,000 shares of the stock in a transaction dated Monday, November 6th. The shares were acquired at an average cost of $16.78 per share, with a total value of $503,400.00. Following the purchase, the chief financial officer now directly owns 38,474 shares in the company, valued at approximately $645,593.72. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Corporate insiders own 6.40% of the company’s stock.

Green Plains Inc is an ethanol producer. The Company owns and operates assets throughout the ethanol value chain, including upstream, with grain handling and storage through its ethanol production facilities, and downstream, with marketing and distribution services. It operates through four segments: Ethanol Production, Agribusiness and Energy Services, Food and Food Ingredients, and Partnership.

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