Gevo (NASDAQ:GEVO) Trading Up 7.5% - Still a Buy?

Key Points

• Shares jumped 7.5% on Monday to $2.30, trading as high as $2.39 on volume of 3.59 million shares (about 25% above the average), signaling increased market interest.
• Analyst sentiment is mixed—two Buy, two Hold and one Sell—giving an average rating of "Hold" and an average price target of $6.42.
• Fundamentals: Gevo beat estimates with ($0.02) EPS vs. ($0.03) expected and $45.35M revenue, but still has negative margins and ROE, a market cap of about $535.5M, and a debt-to-equity ratio of 0.35.

Gevo, Inc. (NASDAQ:GEVO - Get Free Report) shares shot up 7.5% on Monday . The stock traded as high as $2.39 and last traded at $2.30. 3,594,856 shares were traded during trading, an increase of 25% from the average session volume of 2,883,505 shares. The stock had previously closed at $2.14.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on GEVO shares. Wall Street Zen downgraded Gevo from a "hold" rating to a "sell" rating in a report on Saturday. Weiss Ratings restated a "sell (d-)" rating on shares of Gevo in a research note on Thursday, January 22nd. Finally, Northland Securities reiterated an "outperform" rating and set a $3.00 target price on shares of Gevo in a research report on Wednesday, December 31st. Two investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $6.42.

Gevo Price Performance

The company has a debt-to-equity ratio of 0.35, a current ratio of 1.82 and a quick ratio of 1.58. The business's fifty day simple moving average is $1.94 and its 200 day simple moving average is $2.04. The firm has a market capitalization of $535.50 million, a price-to-earnings ratio of -17.00 and a beta of 1.51.

Gevo (NASDAQ:GEVO - Get Free Report) last announced its quarterly earnings results on Thursday, March 5th. The energy company reported ($0.02) EPS for the quarter, beating analysts' consensus estimates of ($0.03) by $0.01. Gevo had a negative net margin of 21.07% and a negative return on equity of 7.20%. The business had revenue of $45.35 million during the quarter, compared to analyst estimates of $43.52 million. On average, research analysts forecast that Gevo, Inc. will post -0.42 EPS for the current year.

Hedge Funds Weigh In On Gevo

Large investors have recently made changes to their positions in the stock. Key Client Fiduciary Advisors LLC bought a new stake in Gevo during the fourth quarter valued at approximately $25,000. Berger Financial Group Inc bought a new stake in shares of Gevo in the 4th quarter valued at about $26,000. BNP Paribas Financial Markets grew its holdings in shares of Gevo by 138.1% in the second quarter. BNP Paribas Financial Markets now owns 20,927 shares of the energy company's stock worth $28,000 after purchasing an additional 12,136 shares during the last quarter. Franklin Resources Inc. purchased a new position in shares of Gevo in the fourth quarter valued at about $28,000. Finally, Legal & General Group Plc bought a new position in Gevo during the 2nd quarter valued at approximately $28,000. 35.17% of the stock is owned by institutional investors.

Gevo Company Profile

Gevo, Inc NASDAQ: GEVO is a renewable chemicals and biofuels company that develops and produces low-carbon alternatives to petroleum-based products. The company's core technology platform converts fermentable sugars into isobutanol, which can be further processed into sustainable aviation fuel (SAF), renewable gasoline, diesel, and jet fuel. Gevo's integrated biorefinery model combines fermentation, recovery, and downstream processing to deliver scalable, drop-in replacements for conventional fossil-derived hydrocarbons.

Gevo's primary products include isobutanol, a four-carbon alcohol used as a building block for various fuels and chemicals, and hydrocarbon fuels that meet ASTM specifications for aviation and road transport.

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