HC Wainwright Has Bearish Estimate for Gevo FY2027 Earnings

Gevo, Inc. (NASDAQ:GEVO) – HC Wainwright lowered their FY2027 earnings estimates for Gevo in a research note issued on Friday, November 8th. HC Wainwright analyst A. Dayal now anticipates that the energy company will post earnings per share of $0.40 for the year, down from their prior 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 raised their price objective on shares of Gevo from $0.85 to $3.25 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd.

Gevo Price Performance

Shares of NASDAQ:GEVO opened at $1.64 on Monday. The company has a quick ratio of 10.09, a current ratio of 10.22 and a debt-to-equity ratio of 0.13. The company has a market cap of $392.73 million, a P/E ratio of -4.82 and a beta of 2.94. Gevo has a 52 week low of $0.48 and a 52 week high of $3.39. The company has a 50-day moving average price of $1.83 and a 200 day moving average price of $1.07.

Insider Buying and Selling at Gevo

In other Gevo news, COO Christopher Michael Ryan sold 84,014 shares of the stock in a transaction dated Thursday, August 22nd. The shares were sold at an average price of $0.76, for a total value of $63,850.64. Following the completion of the transaction, the chief operating officer now directly owns 1,573,934 shares of the company’s stock, valued at approximately $1,196,189.84. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. In other news, COO Christopher Michael Ryan sold 84,014 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The shares were sold at an average price of $0.76, for a total transaction of $63,850.64. Following the completion of the transaction, the chief operating officer now directly owns 1,573,934 shares of the company’s stock, valued at $1,196,189.84. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Andrew Shafer sold 26,911 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The stock was sold at an average price of $2.37, for a total transaction of $63,779.07. Following the transaction, the insider now directly owns 332,430 shares of the company’s stock, valued at approximately $787,859.10. This trade represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 377,474 shares of company stock valued at $367,007. Corporate insiders own 4.00% of the company’s stock.

Institutional Trading of Gevo

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its stake in Gevo by 3.1% in the 1st quarter. Vanguard Group Inc. now owns 13,805,071 shares of the energy company’s stock worth $10,612,000 after acquiring an additional 409,693 shares during the period. Millennium Management LLC purchased a new stake in Gevo in the 2nd quarter worth approximately $2,888,000. Point72 Asia Singapore Pte. Ltd. purchased a new stake in Gevo in the 2nd quarter worth approximately $295,000. Price T Rowe Associates Inc. MD grew its stake in Gevo by 128.8% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 341,936 shares of the energy company’s stock worth $263,000 after acquiring an additional 192,457 shares during the period. Finally, Cubist Systematic Strategies LLC purchased a new stake in Gevo in the 2nd quarter worth approximately $112,000. 35.17% of the stock is owned by hedge funds and other institutional investors.

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.