Benson Hill Inc. (NYSE:BHIL) finished Wednesday with a subtraction of -$0.26 to close at $1.00, a downside of -20.64 percent. An average of 431,380 shares of common stock have been traded in the last five days. There was a fall of -$0.3201 in the past week, and it reached a new high 3 times over the past 12 months. The last 20 days have seen an average of 340,895 shares traded, while the 50-day average volume stands at 579,728.
BHIL stock has decreased by -21.88% in the last month. The company shares reached their 1-month lowest point of $0.9925 on 08/09/23. With the stock rallying to its 52-week high on 02/02/23, shares of the company touched a low of $0.90 and a high of $4.09 in 52 weeks. It has reached a new high 3 times so far this year and lost -60.79% or -$1.5501 in price. In spite of this, the price is down -75.58% from the 52-week high.
Insider Transactions
BHIL stock investors should be aware that Benson Hill Inc. (BHIL) stock had its last reported insider trading activity 38 days ago on Jul 03. In this transaction, the insider spent $29,176. Chief Technology Officer, Bull Jason, disposed of 5,326 shares at a price of $1.19 on Mar 23. The insider now owns more than $6,353 worth of shares. Prior to that, President, Ingredients Bennett Bruce Tyler went on to Sale 5,061 shares at $1.19 each on Mar 23. An amount of $6,037 was transacted.
Valuation Metrics
Benson Hill Inc. (BHIL) stock’s beta is 1.41. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 0.51, the price-to-book (PB) ratio at 0.96.
Financial Health
The quick ratio of Benson Hill Inc. for the three months ended March 30 was 3.30, and the current ratio was 4.20, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.92 and a total debt to equity ratio of 0.95 for the quarter ending March 30. Benson Hill Inc.’s EBITDA margin for the year ending March 30 is -26.97%, while its operating margin for the same period stands at -24.50%. Its gross profit as reported stood at $3.53 million compared to revenue of $381.23 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, Benson Hill Inc.’s return on assets was -22.50%.
Earnings Surprise
For the three-month period that ended March 30, Benson Hill Inc. had $89.87 million in cash and short-term investments compared to $103.45 million in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of -$3.05 million in the quarter, while revenues of -$53.61 million were shrunk -443.61%. The analyst consensus anticipated Benson Hill Inc.’s latest quarter earnings to come in at -$0.19 per share, but it turned out to be -$0.02, a 89.50% surprise. For the quarter, EBITDA amounted to -$12.01 million. Shareholders own equity worth $207.47 million.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Benson Hill Inc. (BHIL) price momentum. RSI 9-day as of the close on 09 August was 25.86%, suggesting the stock is oversold, with historical volatility in this time frame at 117.98%.
As of today, BHIL’s price is $1.2240 -24.25% or -$0.3201 from its 5-day moving average. BHIL is currently trading -23.67% lower than its 20-day SMA and -35.49% lower than its 100-day SMA. However, the stock’s current price level is -25.93% below the SMA50 and -59.35% below the SMA200.
The stochastic %K and %D were 12.39% and 18.66%, respectively, and the average true range (ATR) was 0.1302. With the 14-day stochastic at 1.26% and the average true range at 0.1273, the RSI (14) stands at 34.32%. The stock has reached -0.1067 on the 9-day MACD Oscillator while the 14-day reading was at -0.1281.
Analyst Ratings
Lake Street launched coverage on Benson Hill Inc. (NYSE: BHIL) in its analyst report released on October 04, 2022. The firm assigned the stock a Buy rating. The consensus rating for Benson Hill Inc. (BHIL) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell BHIL, while 1 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 4 others rate it as a “buy”.
What is BHIL’s price target for the next 12 months?
Analysts predict a range of price targets between $2.00 and $5.00, with a median target of $3.50. Taking a look at these predictions, the average price target given by analysts for Benson Hill Inc. (BHIL) stock is $3.58.
