Gevo (NASDAQ:GEVO) Stock Rating Lowered by Wall Street Zen

Gevo (NASDAQ:GEVOGet Free Report) was downgraded by equities researchers at Wall Street Zen from a “hold” rating to a “sell” rating in a report released on Saturday.

Other analysts have also issued reports about the company. Northland Securities reiterated an “outperform” rating and set a $3.00 price objective on shares of Gevo in a research note on Wednesday, December 31st. Weiss Ratings restated a “sell (d-)” rating on shares of Gevo in a research note on Thursday, January 22nd. Two analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $6.42.

View Our Latest Research Report on GEVO

Gevo Stock Up 13.2%

GEVO opened at $2.14 on Friday. Gevo has a 12 month low of $0.92 and a 12 month high of $2.95. The company has a market cap of $518.54 million, a PE ratio of -16.46 and a beta of 1.51. The company has a current ratio of 1.82, a quick ratio of 1.58 and a debt-to-equity ratio of 0.35. The company has a 50 day moving average of $1.94 and a 200 day moving average of $2.04.

Gevo (NASDAQ:GEVOGet Free Report) last issued its earnings results on Thursday, March 5th. The energy company reported ($0.02) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.03) by $0.01. The business had revenue of $45.35 million for the quarter, compared to analysts’ expectations of $43.52 million. Gevo had a negative net margin of 21.07% and a negative return on equity of 7.20%. On average, sell-side analysts expect that Gevo will post -0.42 EPS for the current year.

Hedge Funds Weigh In On Gevo

A number of large investors have recently bought and sold shares of GEVO. Key Client Fiduciary Advisors LLC purchased a new position in Gevo in the 4th quarter worth approximately $25,000. Berger Financial Group Inc purchased a new stake in shares of Gevo during the fourth quarter valued at approximately $26,000. BNP Paribas Financial Markets grew its holdings in shares of Gevo by 138.1% in the second quarter. BNP Paribas Financial Markets now owns 20,927 shares of the energy company’s stock worth $28,000 after purchasing an additional 12,136 shares during the last quarter. Franklin Resources Inc. bought a new position in shares of Gevo in the fourth quarter worth approximately $28,000. Finally, Legal & General Group Plc purchased a new position in shares of Gevo in the second quarter worth $28,000. 35.17% of the stock is owned by hedge funds and other institutional investors.

More Gevo News

Here are the key news stories impacting Gevo this week:

Gevo Company Profile

(Get Free Report)

Gevo, Inc (NASDAQ: GEVO) is a renewable chemicals and biofuels company that develops and produces low-carbon alternatives to petroleum-based products. The company’s core technology platform converts fermentable sugars into isobutanol, which can be further processed into sustainable aviation fuel (SAF), renewable gasoline, diesel, and jet fuel. Gevo’s integrated biorefinery model combines fermentation, recovery, and downstream processing to deliver scalable, drop-in replacements for conventional fossil-derived hydrocarbons.

Gevo’s primary products include isobutanol, a four-carbon alcohol used as a building block for various fuels and chemicals, and hydrocarbon fuels that meet ASTM specifications for aviation and road transport.

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Analyst Recommendations for Gevo (NASDAQ:GEVO)

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