Given the current short-term trend, the stock is expected to rise 45.05% during the next 3 months and, with a 90% probability hold a price between $6.05 and $7.60 at the end of this 3-month period.
Similarly, Is GEVO undervalued?
Is GEVO Stock Undervalued? That depends on how you view the company’s circumstances. Relative to its 52-week high of $15.57, trading below $5 is undoubtedly a significant haircut. Alternatively, if you’re honest about its business, it’s operating at the pre-revenue level.
Why was GEVO stock so high in 2011? Gevo went public in 2011. At the time, there was considerable hype around the biofuel company. Oil was expensive and biofuels promised a cheaper alternative.
Thereof, Is GEVO a good company?
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.
Will GEVO grow?
Gevo is bordering on breakeven, according to the 2 American Oil and Gas analysts. They expect the company to post a final loss in 2023, before turning a profit of US$64m in 2024. The company is therefore projected to breakeven around 2 years from now.
Is GEVO debt free?
Due to its strong balance sheet and available cash, Gevo expects that on December 31, 2020 it will pay off the entire outstanding balance of $12.7 million of the 2020/21 Notes. Upon repayment of the outstanding debt represented by the 2020/21 Notes, Gevo will have no outstanding debt secured by all of its assets.
Is GEVO stock overvalued?
To conclude, The stock of Gevo (NAS:GEVO, 30-year Financials) is believed to be significantly overvalued. The company’s financial condition is fair and its profitability is poor. Its growth ranks better than 97% of the companies in Chemicals industry.
What was Gevo IPO price?
The initial public offering price is $15.00 per share. Our common stock has been approved for listing on The Nasdaq Global Market under the symbol “GEVO.” Investing in our common stock involves a high degree of risk.
What is Gevo fuel?
Gevo uses low-carbon renewable resource-based carbohydrates as raw materials, and is in an advanced state of developing renewable electricity and renewable natural gas for use in production processes, resulting in low-carbon fuels with substantially reduced carbon intensity (the level of greenhouse gas emissions …
Is Gevo making money?
For 2020, Gevo reported revenue of $5.54 million. This renewable chemicals and biofuels company is unprofitable. From 2016 until 2020 it lost money. Operating cash flow (OCF) is also negative, meaning the company is unable to generate cash from normal operations.
Who invests in Gevo?
Top 10 Owners of Gevo Inc
| Stockholder | Stake | Total change |
|---|---|---|
| BlackRock Fund Advisors | 6.37% | +4.35% |
| The Vanguard Group, Inc. | 5.06% | +7.90% |
| Invesco Capital Management LLC | 1.92% | -20.57% |
| Geode Capital Management LLC | 1.64% | +2.52% |
Who invested in Gevo?
Largest shareholders include State Street Corp, XOP – SPDR(R) S&P(R) Oil & Gas Exploration & Production ETF, BlackRock Inc., Vanguard Group Inc, VTSMX – Vanguard Total Stock Market Index Fund Investor Shares, IWM – iShares Russell 2000 ETF, Invesco Ltd., Geode Capital Management, Llc, PBW – Invesco WilderHill Clean …
Who is buying GEVO stock?
Top 10 Owners of Gevo Inc
| Stockholder | Stake | Shares bought / sold |
|---|---|---|
| BlackRock Fund Advisors | 6.37% | +536,577 |
| The Vanguard Group, Inc. | 5.06% | +747,948 |
| Invesco Capital Management LLC | 1.92% | -1,005,282 |
| Geode Capital Management LLC | 1.64% | +81,423 |
Who owns GEVO?
The general public, mostly comprising of individual investors, collectively holds 59% of Gevo shares. This level of ownership gives investors from the wider public some power to sway key policy decisions such as board composition, executive compensation, and the dividend payout ratio.
Is GEVO making money?
For 2020, Gevo reported revenue of $5.54 million. This renewable chemicals and biofuels company is unprofitable. From 2016 until 2020 it lost money. Operating cash flow (OCF) is also negative, meaning the company is unable to generate cash from normal operations.
Is GEVO a good company?
Here’s a high-quality portfolio to beat the market, with over 100% return since 2016, versus 55% for the S&P 500. Comprised of companies with strong revenue growth, healthy profits, lots of cash, and low risk, it has outperformed the broader market year after year, consistently.
Is GEVO shorted?
Gevo currently has a short interest ratio of 4.0. Learn More on Gevo’s short interest ratio.
Is GEVO a buy Zacks?
See rankings and related performance below. The VGM Score are a complementary set of indicators to use alongside the Zacks Rank.
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Momentum Scorecard. More Info.
| Zacks Rank | Definition | Annualized Return |
|---|---|---|
| 1 | Strong Buy | 24.93% |
| 2 | Buy | 18.44% |
| 3 | Hold | 9.99% |
| 4 | Sell | 5.61% |
When did GEVO stock go public?
Gevo Announces Pricing of $9.5 Million Public Offering of Common Stock. ENGLEWOOD, Colo., June 10, 2016 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ:GEVO), a leading renewable chemicals and next-generation biofuels company, announced today that it has priced its best efforts public offering of common stock.
When did GEVO go public?
Gevo went public in 2011. At the time, there was considerable hype around the biofuel company.
How many shares of GEVO are there?
Share Statistics
| Avg Vol (3 month) 3 | 9.14M |
|---|---|
| Shares Outstanding 5 | 201.99M |
| Implied Shares Outstanding 6 | N/A |
| Float 8 | 187.79M |
| % Held by Insiders 1 | 3.06% |
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