Gevo Inc. (GEVO): Here Are Some Research Recommendations

Gevo Inc. (NASDAQ:GEVO) finished Wednesday with a subtraction of -$0.13 to close at $6.62, a downside of -1.93 percent. An average of 7,215,160 shares of common stock have been traded in the last five days. There was a gain of $0.47 in the past week. The last 20 days have seen an average of 7,954,555 shares traded, while the 50-day average volume stands at 12,331,764.

GEVO stock has increased by 2.00% in the last month. The company shares reached their 1-month lowest point of $6.03 on 10/06/21. With the stock rallying to its 52-week high on 02/12/21, shares of the company touched a low of $0.95 and a high of $15.57 in 52 weeks. In spite of this, the price is down -57.48% from the 52-week high.


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Insider Transactions

35 days have passed since Gevo Inc. (GEVO) last reported insider trading activity. Williams Geoffrey Thomas Jr., who is VP-General Counsel & Secretary, most recently acquired $51,316 shares at $8.02 per share on Sep 09.

Valuation Metrics

Gevo Inc. (GEVO) has a trailing price-to-earnings (P/E) ratio of 17.00 for the broader industry and 13.61 for the sector. The stock’s beta is 3.16. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 1076.14, the price-to-book (PB) ratio at 2.27.

The quick ratio of Gevo Inc. for the three months ended June 29 was 15.20, and the current ratio was 15.30, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.15 and a total debt to equity ratio of 0.16 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin 5-year average of -67.7%. Gevo Inc.’s EBITDA margin for the year ending June 29 is -363.33%. Its gross profit as reported stood at -$9.47 million compared to revenue of $5.54 million.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Gevo Inc.’s return on assets was -13.30%, compared to -29.8% over the last five years. In the past year, the return on investment has been -19.60%, and the 5-year average is -29.0%. Meanwhile, the return on equity (ROE) for the past 12 months has been -14.60% and the 5-year average holds at -41.9%. For the broader industry, ROE averaged 8.64 over the past year.

Earnings Surprise

For the three-month period that ended June 29, Gevo Inc. had $246.89 million in cash. The analyst consensus anticipated Gevo Inc.’s latest quarter earnings to come in at -$0.05 per share, but it turned out to be -$0.09, a -80.00% surprise. For the quarter, EBITDA amounted to -$17.8 million. Shareholders own equity worth $197.22 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Gevo Inc. (GEVO) price momentum. RSI 9-day as of the close on 13 October was 51.44%, suggesting the stock is Neutral, with historical volatility in this time frame at 56.38%.

As of today, GEVO’s price is $6.68 +7.64% or $0.47 from its 5-day moving average. GEVO is currently trading -2.65% lower than its 20-day SMA and -3.64% lower than its 100-day SMA. However, the stock’s current price level is +13.36% above the SMA50 and +37.34% above the SMA200.

The stochastic %K and %D were 40.55% and 42.04%, respectively, and the average true range (ATR) was 0.46. With the 14-day stochastic at 37.58% and the average true range at 0.48, the RSI (14) stands at 51.65%. The stock has reached 0.15 on the 9-day MACD Oscillator while the 14-day reading was at 0.06.

Analyst Ratings

Stifel launched coverage on Gevo Inc. (NASDAQ: GEVO) in its analyst report released on August 24, 2021. The firm assigned the stock a a Buy rating.The consensus rating for Gevo Inc. (GEVO) among analysts is Buy. According to current brokerage recommendations, 0 brokerage firms advise that investors sell GEVO, while 0 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 3 others rate it as a “buy”.

What is GEVO’s price target for the next 12 months?

Analysts predict a range of price targets between $10.00 and $18.00, with a median target of $16.00. Taking a look at these predictions, the average price target given by analysts for Gevo Inc. (GEVO) stock is $14.67.

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