What is HC Wainwright’s Estimate for Gevo FY2029 Earnings?

Gevo, Inc. (NASDAQ:GEVO) – HC Wainwright issued their FY2029 earnings estimates for shares of Gevo in a report released on Tuesday, February 4th. HC Wainwright analyst A. Dayal expects that the energy company will post earnings of $1.08 per share for the year. HC Wainwright currently has a “Buy” rating and a $14.00 price target on the stock. The consensus estimate for Gevo’s current full-year earnings is ($0.32) per share.

Separately, UBS Group boosted their target price 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 GEVO opened at $1.87 on Friday. Gevo has a 1 year low of $0.48 and a 1 year high of $3.39. The company has a debt-to-equity ratio of 0.13, a current ratio of 8.25 and a quick ratio of 8.05. The business has a 50-day moving average of $1.87 and a 200-day moving average of $1.57. The company has a market capitalization of $447.69 million, a price-to-earnings ratio of -5.50 and a beta of 2.73.

Gevo (NASDAQ:GEVO) last posted its earnings results on Thursday, November 7th. The energy company reported ($0.09) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.01. The firm had revenue of $1.97 million during the quarter, compared to analysts’ expectations of $6.08 million. Gevo had a negative net margin of 510.04% and a negative return on equity of 14.95%. During the same quarter in the prior year, the business earned ($0.07) earnings per share.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in GEVO. Raymond James Financial Inc. purchased a new stake in shares of Gevo in the 4th quarter valued at about $27,000. Signal Advisors Wealth LLC bought a new stake in shares of Gevo during the 4th quarter valued at about $34,000. Lauterbach Financial Advisors LLC purchased a new position in shares of Gevo during the 3rd quarter worth approximately $29,000. International Assets Investment Management LLC bought a new position in Gevo in the fourth quarter worth $59,000. Finally, Ballentine Partners LLC purchased a new position in Gevo during the 4th quarter valued at about $54,000. Hedge funds and other institutional investors own 35.17% of the company’s stock.

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.