HC Wainwright Has Positive Outlook for ALTO FY2026 Earnings

Key Points

• HC Wainwright raised its FY2026 EPS forecast for Alto Ingredients to $0.48 from $0.39 and maintained a Buy rating; its FY2027 estimate is $0.36 per share.
• Alto reported quarterly EPS of $0.16, beating the $0.09 consensus, while revenue of $257.89 million also exceeded expectations of $250.97 million.
• Analyst coverage overall is rated Moderate Buy, with a consensus price target of $10.00.

Alto Ingredients, Inc. (NASDAQ:ALTO - Free Report) - Equities research analysts at HC Wainwright raised their FY2026 earnings per share (EPS) estimates for shares of Alto Ingredients in a research note issued on Thursday, November 5th. HC Wainwright analyst A. Dayal now expects that the company will post earnings of $0.48 per share for the year, up from their prior estimate of $0.39. HC Wainwright currently has a "Buy" rating on the stock. The consensus estimate for Alto Ingredients' current full-year earnings is $0.48 per share. HC Wainwright also issued estimates for Alto Ingredients' FY2027 earnings at $0.36 EPS.

A number of other equities analysts have also commented on ALTO. Scotiabank set a $10.00 price objective on shares of Alto Ingredients in a research report on Thursday, August 6th. Weiss Ratings reissued a "hold (c)" rating on shares of Alto Ingredients in a report on Thursday, October 29th. Finally, Benchmark upgraded shares of Alto Ingredients to a "strong-buy" rating in a research report on Wednesday, September 30th. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $10.00.

Alto Ingredients Stock Performance

Shares of ALTO opened at $3.74 on Monday. Alto Ingredients has a twelve month low of $1.30 and a twelve month high of $6.11. The stock has a market cap of $290.10 million, a PE ratio of 5.84 and a beta of 0.13. The company has a quick ratio of 2.17, a current ratio of 3.19 and a debt-to-equity ratio of 0.23. The business's 50-day moving average price is $3.77 and its 200-day moving average price is $4.28.

Alto Ingredients (NASDAQ:ALTO - Get Free Report) last issued its earnings results on Wednesday, November 4th. The company reported $0.16 EPS for the quarter, topping the consensus estimate of $0.09 by $0.07. The business had revenue of $257.89 million during the quarter, compared to the consensus estimate of $250.97 million. Alto Ingredients had a return on equity of 17.53% and a net margin of 5.29%.

Institutional Investors Weigh In On Alto Ingredients

Hedge funds have recently bought and sold shares of the stock. Legal & General Group Plc bought a new position in shares of Alto Ingredients in the 2nd quarter worth $41,000. Bank of New York Mellon Corp purchased a new stake in shares of Alto Ingredients during the 1st quarter valued at $49,000. Sei Investments Co. bought a new stake in shares of Alto Ingredients during the 1st quarter worth $58,000. Quantbot Technologies LP bought a new stake in shares of Alto Ingredients during the 2nd quarter worth $71,000. Finally, Dynamic Advisor Solutions LLC purchased a new position in Alto Ingredients in the second quarter worth $108,000. 42.44% of the stock is currently owned by institutional investors.

Insider Activity at Alto Ingredients

In related news, Director Gilbert Nathan acquired 50,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 11th. The shares were bought at an average cost of $4.15 per share, for a total transaction of $207,500.00. Following the completion of the transaction, the director owned 856,393 shares in the company, valued at approximately $3,554,030.95. This trade represents a 6.20% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 4.28% of the company's stock.

About Alto Ingredients

Alto Ingredients, Inc NASDAQ: ALTO is a renewable fuels and specialty ingredients company that produces low-carbon ethanol and other products derived primarily from corn. Its ethanol is used as a transportation fuel and as a blending component in gasoline, while the company's operations support markets focused on renewable energy and lower-carbon fuel alternatives.

In addition to ethanol, Alto Ingredients produces and markets co-products such as dried distillers grains, wet distillers grains and renewable corn oil.

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