HC Wainwright Forecasts Lower Earnings for Alto Ingredients

Key Points

• HC Wainwright lowered Alto Ingredients’ Q3 2026 EPS forecast to $0.07 from $0.19, while maintaining a “Buy” rating. The firm estimates FY2026 EPS of $0.39 and FY2027 EPS of $0.28.
• Alto Ingredients exceeded expectations in its latest quarter, reporting EPS of $0.15 versus the $0.08 consensus and revenue of $245.7 million compared with estimates of $231.24 million.
• Analyst sentiment remains mixed, with a consensus “Hold” rating and an average price target of $10.00; the stock opened at $4.39 and has a 52-week range of $0.92 to $6.11.

Alto Ingredients, Inc. (NASDAQ:ALTO - Free Report) - Analysts at HC Wainwright decreased their Q3 2026 earnings per share (EPS) estimates for Alto Ingredients in a report issued on Thursday, August 6th. HC Wainwright analyst A. Dayal now expects that the company will post earnings of $0.07 per share for the quarter, down from their previous estimate of $0.19. HC Wainwright has a "Buy" rating on the stock. The consensus estimate for Alto Ingredients' current full-year earnings is $0.39 per share. HC Wainwright also issued estimates for Alto Ingredients' Q4 2026 earnings at $0.12 EPS, FY2026 earnings at $0.39 EPS and FY2027 earnings at $0.28 EPS.

Alto Ingredients (NASDAQ:ALTO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 EPS for the quarter, topping analysts' consensus estimates of $0.08 by $0.07. Alto Ingredients had a return on equity of 18.94% and a net margin of 5.51%.The firm had revenue of $245.70 million during the quarter, compared to analyst estimates of $231.24 million.

Several other analysts have also recently commented on the stock. Zacks Research cut shares of Alto Ingredients from a "strong-buy" rating to a "hold" rating in a report on Monday, July 6th. Weiss Ratings reiterated a "hold (c)" rating on shares of Alto Ingredients in a research report on Friday, July 31st. Finally, Scotiabank set a $10.00 target price on shares of Alto Ingredients in a research report on Thursday. One investment analyst has rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average target price of $10.00.

Alto Ingredients Stock Performance

NASDAQ:ALTO opened at $4.39 on Monday. The stock has a market cap of $340.18 million, a PE ratio of 6.55 and a beta of 0.17. Alto Ingredients has a fifty-two week low of $0.92 and a fifty-two week high of $6.11. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.81 and a quick ratio of 2.54. The stock's 50-day moving average is $5.26 and its two-hundred day moving average is $4.46.

Insider Buying and Selling at Alto Ingredients

In other news, Director Gilbert E. Nathan purchased 20,000 shares of Alto Ingredients stock in a transaction dated Tuesday, May 12th. The stock was acquired at an average cost of $4.61 per share, for a total transaction of $92,200.00. Following the acquisition, the director directly owned 769,741 shares in the company, valued at $3,548,506.01. This represents a 2.67% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. 4.28% of the stock is owned by company insiders.

Institutional Investors Weigh In On Alto Ingredients

Several large investors have recently made changes to their positions in the company. Bank of New York Mellon Corp bought a new position in Alto Ingredients during the first quarter valued at approximately $49,000. Vontobel Holding Ltd. bought a new stake in Alto Ingredients in the fourth quarter worth approximately $33,000. Sei Investments Co. bought a new stake in Alto Ingredients in the first quarter worth approximately $58,000. Leonteq Securities AG acquired a new position in shares of Alto Ingredients during the 4th quarter worth $44,000. Finally, CreativeOne Wealth LLC acquired a new position in shares of Alto Ingredients during the 4th quarter worth $46,000. Institutional investors own 42.44% of the company's stock.

Alto Ingredients Company Profile

Alto Ingredients, Inc NASDAQ: ALTO is a diversified producer of alcohol-based products and specialty ingredients for industrial, food, beverage and personal care applications. The company’s core offering centers on ethanol produced for fuel markets, as well as an expanding portfolio of natural and organic alcohols, glycerin and other ingredient solutions. Alto’s product lines serve a range of end markets, including renewable fuels, confectionery, flavorings, cosmetics and sanitizers.

Headquartered in Dallas, Texas, Alto Ingredients operates a network of production facilities across the United States.

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