HC Wainwright Has Bullish Estimate for Gevo FY2028 Earnings

Gevo, Inc. (NASDAQ:GEVO) – Analysts at HC Wainwright upped their FY2028 earnings estimates for shares of Gevo in a research note issued on Friday, July 17th. HC Wainwright analyst A. Dayal now forecasts that the energy company will post earnings of $0.16 per share for the year, up from their previous forecast of $0.10. HC Wainwright currently has a “Buy” rating on the stock. The consensus estimate for Gevo’s current full-year earnings is ($0.10) per share. HC Wainwright also issued estimates for Gevo’s FY2029 earnings at $0.65 EPS and FY2030 earnings at $0.69 EPS.

Gevo (NASDAQ:GEVO) last issued its quarterly earnings results on Thursday, May 7th. The energy company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). The business had revenue of $42.95 million for the quarter, compared to analysts’ expectations of $44.90 million. Gevo had a negative return on equity of 5.06% and a negative net margin of 19.38%.

A number of other research firms have also recently issued reports on GEVO. Zacks Research raised shares of Gevo from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Northland Securities set a $3.75 price objective on shares of Gevo in a report on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of Gevo in a research note on Tuesday, April 21st. UBS Group reaffirmed a “neutral” rating and set a $2.00 price target (down from $2.25) on shares of Gevo in a research report on Friday, May 22nd. Finally, Wall Street Zen downgraded Gevo from a “hold” rating to a “strong sell” rating in a research note on Sunday, May 10th. Two analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $2.88.

Gevo Stock Up 5.5%

GEVO stock opened at $1.72 on Monday. The stock has a market capitalization of $418.67 million, a PE ratio of -13.23 and a beta of 1.02. Gevo has a 52 week low of $1.12 and a 52 week high of $2.97. The company has a quick ratio of 3.51, a current ratio of 4.31 and a debt-to-equity ratio of 0.37. The firm has a 50 day moving average of $1.58 and a 200 day moving average of $1.87.

Insider Activity at Gevo

In other news, COO Christopher Michael Ryan sold 35,196 shares of the business’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $1.43, for a total value of $50,330.28. Following the completion of the transaction, the chief operating officer owned 1,279,245 shares of the company’s stock, valued at $1,829,320.35. The trade was a 2.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Oluwagbemileke Yusuf Agiri sold 63,028 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $1.40, for a total value of $88,239.20. Following the completion of the sale, the chief financial officer owned 491,116 shares in the company, valued at $687,562.40. The trade was a 11.37% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 765,362 shares of company stock worth $1,236,411 in the last three months. Company insiders own 7.09% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of GEVO. Key Client Fiduciary Advisors LLC purchased a new stake in Gevo in the 4th quarter worth approximately $25,000. Berger Financial Group Inc purchased a new position in shares of Gevo during the 4th quarter valued at approximately $26,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in shares of Gevo during the 1st quarter valued at approximately $28,000. BNP Paribas Financial Markets increased its holdings in shares of Gevo by 138.1% during the 2nd quarter. BNP Paribas Financial Markets now owns 20,927 shares of the energy company’s stock valued at $28,000 after purchasing an additional 12,136 shares in the last quarter. Finally, Franklin Resources Inc. acquired a new position in shares of Gevo in the 4th quarter valued at $28,000. 35.17% of the stock is currently owned by hedge funds and other institutional investors.

About Gevo

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.