So, I urge investors to sell their shares. You should only consider buying GEVO again after the stock drops substantially and the company’s visibility has meaningfully increased. On the date of publication, Larry Ramer did not have (either directly or indirectly) any positions in the securities mentioned in this article.
Full Answer
Should you buy Gevo stock?
3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gevo in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Gevo stock. View analyst ratings for Gevo or view top-rated stocks.
When is Gevo expected to release its quarterly earnings?
Gevo is scheduled to release its next quarterly earnings announcement on Thursday, February 24th 2022. View our earnings forecast for Gevo. How can I listen to Gevo's earnings call?
What is the upside for Gevo's stock?
Their forecasts range from $5.00 to $18.00. On average, they expect Gevo's share price to reach $11.00 in the next year. This suggests a possible upside of 220.7% from the stock's current price. View analysts' price targets for Gevo or view top-rated stocks among Wall Street analysts.
Is there a buy signal on Gevo?
Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Gevo finds support from accumulated volume at $3.01 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.
Should I sell my GEVO stock?
Should I buy or sell Gevo stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Gevo in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Gevo stock.
Is GEVO stock expected to rise?
Stock Price Forecast The 3 analysts offering 12-month price forecasts for Gevo Inc have a median target of 16.00, with a high estimate of 18.00 and a low estimate of 11.00. The median estimate represents a +250.11% increase from the last price of 4.57.
Is GEVO stock overvalued?
Gevo, Inc. may be overvalued. Its Value Score of F indicates it would be a bad pick for value investors. The financial health and growth prospects of GEVO, demonstrate its potential to underperform the market. It currently has a Growth Score of F.
What is the target price for GEVO?
Stock Price TargetsHigh$18.00Median$16.00Low$11.00Average$15.00Current Price$2.6900
Will GEVO succeed?
Expectation from Oil and Gas analysts is GEVO is on the verge of breakeven. They expect the company to post a final loss in 2021, before turning a profit of US$1.5m in 2022. So, GEVO is predicted to breakeven approximately 2 years from now.
Is GEVO being shorted?
Short Shares Availability This table shows the number of shares of US:GEVO available to be shorted at a leading prime brokerage.
Is GEVO still a buy?
Today GEVO ranks #1299 as buy candidate.
Is GEVO undervalued?
Gevo Inc retains a regular Real Value of $5.6 per share. The prevalent price of the firm is $2.69. Based on Macroaxis valuation methodology, the firm appears to be undervalued....USD 2.69 0.13 4.61%LowEstimated ValueHigh0.132.659.89
Why is GEVO stock tanking?
Today, shares of Canoo (NASDAQ:GOEV) stock are down over 19% after the company released its first-quarter earnings report. For the period, Canoo reported a net loss of $125.4 million. It also disclosed that it had filed a $300 million universal shelf.
Does Gevo have future?
Gevo has seen some success in developing advanced biofuels that meet clean energy standards, and some investors think it will be a major player in the future of the clean energy industry.
Who competes with Gevo?
The main competitors of Gevo include Marathon Petroleum (MPC), Valero Energy (VLO), Phillips 66 (PSX), PBF Energy (PBF), CVR Energy (CVI), Renewable Energy Group (REGI), Delek US (DK), Green Plains (GPRE), World Fuel Services (INT), and Clean Energy Fuels (CLNE).
Who owns Gevo stock?
Top 10 Owners of Gevo IncStockholderStakeShares ownedSSgA Funds Management, Inc.11.81%23,830,761BlackRock Fund Advisors6.21%12,524,781The Vanguard Group, Inc.5.16%10,410,937Invesco Capital Management LLC1.90%3,840,7596 more rows
Is Gevo a buy right now?
2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Gevo in the last twelve months. There are currently 2 buy ratings...
When is Gevo's next earnings date?
Gevo is scheduled to release its next quarterly earnings announcement on Thursday, August 11th 2022. View our earnings forecast for Gevo .
How were Gevo's earnings last quarter?
Gevo, Inc. (NASDAQ:GEVO) announced its quarterly earnings results on Monday, May, 9th. The energy company reported ($0.08) earnings per share (EPS)...
When did Gevo's stock split? How did Gevo's stock split work?
Gevo shares reverse split on the morning of Monday, June 4th 2018. The 1-20 reverse split was announced on Friday, June 1st 2018. The number of sha...
What price target have analysts set for GEVO?
2 brokerages have issued 12-month price objectives for Gevo's stock. Their forecasts range from $5.00 to $10.00. On average, they expect Gevo's sha...
Who are Gevo's key executives?
Gevo's management team includes the following people: Dr. Patrick R. Gruber M.B.A. , Ph.D., MBA, CEO & Director (Age 61, Pay $1.01M) Dr. Christo...
What is Patrick Gruber's approval rating as Gevo's CEO?
7 employees have rated Gevo CEO Patrick Gruber on Glassdoor.com . Patrick Gruber has an approval rating of 15% among Gevo's employees. This puts P...
Who are some of Gevo's key competitors?
Some companies that are related to Gevo include Marathon Petroleum (MPC) , Valero Energy (VLO) , Phillips 66 (PSX) , PBF Energy (PBF) , CVR En...
What other stocks do shareholders of Gevo own?
Based on aggregate information from My MarketBeat watchlists, some companies that other Gevo investors own include Bionano Genomics (BNGO) , Heat...
How many shares of Gevo stock are there after the split?
The number of shares owned by shareholders was adjusted after the market closes on Friday, June 1st 2018. An investor that had 100 shares of Gevo stock prior to the reverse split would have 5 shares after the split.
When is Gevo earnings call?
How can I listen to Gevo's earnings call? Gevo will be holding an earnings conference call on Thursday, August 12th at 4:30 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 404-537-3406 with passcode "2267135#".
Summary
Gevo's patented bio-based isobutanol represents a sustainable alternative to crude oil-based hydrocarbons.
What Does Gevo Do?
There is a growing demand for clean energy solutions consistent with global efforts towards fighting climate change and the reduction of greenhouse gas emissions. Gevo's technology as a next-generation renewable fuel addresses a key culprit of rising CO2 emissions by substituting fossil fuel hydrocarbons.
GEVO Earnings Recap
Gevo last reported its Q3 results on November 10th with a GAAP EPS loss of -$0.07 while revenue of $142k, declined by 24% year over year. For context, Gevo's main Luverne, Minnesota facility historically produced ethanol as the main revenue driver for the company.
Why Did Gevo Stock Drop?
It's clear that there are many moving parts for Gevo with a very promising transformative technology. Still, despite the enthusiasm, it's been a frustrating year for GEVO shareholders with the stock down by more than 60% from its high in early Q1 when it briefly traded above $15.50 per share.
Will Gevo Stock Go Back Up?
When thinking about the isobutanol applications, in our view, this is a case of "if you build it, they will come".
Is GEVO Stock A Buy, Sell, Or Hold?
While there is a sticker shock when looking at the valuation, we draw parallels here with exploration stage mining companies and pre-commercial phase biotech stocks that are valued based on their potential but may need a few years to unlock.
The Economics Are in Doubt
Gevo has demonstrated that it’s technically capable of producing various biofuels, including jet fuel. It’s often possible for companies to develop products at very high costs. For example, using particle accelerators, nuclear physicists can in fact transform lead into gold.
Gevo Is Great at Selling More Shares
While Gevo’s biofuels efforts have been disappointing, its ability to produce more shares of its own stock are unrivaled. In fact, it is one of the biggest, most consistent sellers of its own stock on the Nasdaq today. And that’s led to painful declines by GEVO stock.
The Verdict on GEVO Stock
The first step in building a successful business is to manufacture a product that people want. And normally, when you produce a good, you sell it to customers at a higher price than it costs you to make. I know; that’s Economics 101.
Gevo (GEVO)
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