Roth Capital Analysts Cut Earnings Estimates for Green Plains Inc. (NASDAQ:GPRE)

Green Plains Inc. (NASDAQ:GPRE) – Stock analysts at Roth Capital lowered their FY2025 earnings per share (EPS) estimates for Green Plains in a research note issued to investors on Wednesday, August 7th. Roth Capital analyst C. Irwin now anticipates that the specialty chemicals company will post earnings per share of $2.25 for the year, down from their previous estimate of $2.45. The consensus estimate for Green Plains’ current full-year earnings is ($0.45) per share.

Green Plains (NASDAQ:GPRE) last released its quarterly earnings data on Tuesday, August 6th. The specialty chemicals company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.03) by ($0.35). Green Plains had a negative return on equity of 7.86% and a negative net margin of 2.43%. The firm had revenue of $618.83 million for the quarter, compared to analysts’ expectations of $646.70 million. During the same period last year, the firm posted ($0.89) earnings per share. Green Plains’s revenue for the quarter was down 27.8% on a year-over-year basis.

GPRE has been the subject of a number of other research reports. Truist Financial reiterated a “buy” rating and set a $25.00 price target (down previously from $30.00) on shares of Green Plains in a research note on Monday, August 5th. Bank of America reduced their price objective on Green Plains from $29.00 to $26.00 and set a “buy” rating for the company in a research note on Tuesday, May 7th. StockNews.com downgraded Green Plains from a “hold” rating to a “sell” rating in a research note on Monday, May 6th. Stephens restated an “equal weight” rating and set a $24.00 target price on shares of Green Plains in a research report on Tuesday, May 7th. Finally, Roth Mkm reduced their price target on shares of Green Plains from $55.00 to $40.00 and set a “buy” rating for the company in a research report on Monday, May 6th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, Green Plains currently has an average rating of “Moderate Buy” and an average price target of $26.78.

Green Plains Stock Down 7.0 %

Shares of NASDAQ:GPRE traded down $1.00 on Thursday, hitting $13.21. 1,230,765 shares of the company’s stock were exchanged, compared to its average volume of 1,146,968. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.18 and a current ratio of 1.75. Green Plains has a 1-year low of $12.77 and a 1-year high of $34.62. The company has a market capitalization of $853.62 million, a PE ratio of -10.74 and a beta of 1.58. The firm’s 50-day moving average is $16.04 and its 200 day moving average is $19.39.

Institutional Trading of Green Plains

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its stake in shares of Green Plains by 10.6% during the 1st quarter. Vanguard Group Inc. now owns 4,661,374 shares of the specialty chemicals company’s stock worth $107,771,000 after purchasing an additional 447,825 shares during the last quarter. Broad Bay Capital Management LP lifted its stake in shares of Green Plains by 17.6% during the fourth quarter. Broad Bay Capital Management LP now owns 2,352,000 shares of the specialty chemicals company’s stock valued at $59,317,000 after buying an additional 352,000 shares during the period. William Blair Investment Management LLC boosted its position in Green Plains by 3.6% during the second quarter. William Blair Investment Management LLC now owns 1,870,698 shares of the specialty chemicals company’s stock worth $29,669,000 after acquiring an additional 65,637 shares during the last quarter. Wolf Hill Capital Management LP grew its stake in Green Plains by 3,036.9% in the 1st quarter. Wolf Hill Capital Management LP now owns 1,753,690 shares of the specialty chemicals company’s stock worth $40,545,000 after acquiring an additional 1,697,784 shares during the period. Finally, Kailix Advisors LLC raised its holdings in Green Plains by 39.8% in the 2nd quarter. Kailix Advisors LLC now owns 1,343,269 shares of the specialty chemicals company’s stock valued at $22,406,000 after acquiring an additional 382,517 shares during the last quarter.

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.