NASDAQ:ALTO Alto Ingredients (ALTO) Stock Forecast, Price & News $2.11 +0.09 (+4.46%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$2.00▼$2.1250-Day Range$1.22▼$2.2752-Week Range$1.20▼$5.30Volume1.02 million shsAverage Volume1.59 million shsMarket Capitalization$158.55 millionP/E RatioN/ADividend YieldN/APrice Target$6.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Alto Ingredients MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside208.1% Upside$6.50 Price TargetShort InterestHealthy4.41% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.33Based on 3 Articles This WeekInsider TradingAcquiring Shares$64,946 Bought Last QuarterProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.25 out of 5 starsConsumer Discretionary Sector123rd out of 269 stocksIndustrial Organic Chemicals Industry6th out of 20 stocks 3.5 Analyst's Opinion Consensus RatingAlto Ingredients has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $6.50, Alto Ingredients has a forecasted upside of 208.1% from its current price of $2.11.Amount of Analyst CoverageAlto Ingredients has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted4.41% of the float of Alto Ingredients has been sold short.Short Interest Ratio / Days to CoverAlto Ingredients has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Alto Ingredients has recently increased by 7.12%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldAlto Ingredients does not currently pay a dividend.Dividend GrowthAlto Ingredients does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for ALTO. Previous Next 3.0 News and Social Media Coverage News SentimentAlto Ingredients has a news sentiment score of 0.33. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.60 average news sentiment score of Consumer Discretionary companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Alto Ingredients this week, compared to 2 articles on an average week.Search Interest17 people have searched for ALTO on MarketBeat in the last 30 days. This is an increase of 183% compared to the previous 30 days.MarketBeat Follows3 people have added Alto Ingredients to their MarketBeat watchlist in the last 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Alto Ingredients insiders have bought more of their company's stock than they have sold. Specifically, they have bought $64,946.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 3.40% of the stock of Alto Ingredients is held by insiders.Percentage Held by Institutions52.20% of the stock of Alto Ingredients is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Alto Ingredients is -2.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Alto Ingredients is -2.85, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioAlto Ingredients has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Alto Ingredients (NASDAQ:ALTO) StockAlto Ingredients, Inc. engages in the production and marketing of specialty alcohols and essential ingredients. It operates through the following segments: Marketing and Distribution, Pekin Production, and Other Production. The Marketing and Distribution segment includes marketing and merchant trading for company-produced alcohols and essential ingredients, on an aggregated basis, and third-party fuel-grade ethanol. The Pekin Campus Production segment deals with the production and sale of alcohols and essential ingredients produced at the company's Pekin, Illinois campus. The Other Production segment covers the production and sale of fuel-grade ethanol and essential ingredients produced at all of the company's other production facilities on an aggregated basis. The company was founded by William L. Jones and Neil M. Koehler on January 30, 2003 and is headquartered in Pekin, IL.Read More Receive ALTO Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Alto Ingredients and its competitors with MarketBeat's FREE daily newsletter. Email Address ALTO Stock News HeadlinesJune 2, 2023 | fool.comAlto Ingredients (NASDAQ: ALTO)May 29, 2023 | washingtonpost.comIf You Can’t Stand the Heat, Switch to InductionJune 4, 2023 | Altimetry (Ad)Biden's latest bailout--terrible for America?And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—May 13, 2023 | americanbankingnews.comQ2 2023 EPS Estimates for Alto Ingredients, Inc. Lifted by HC Wainwright (NASDAQ:ALTO)May 12, 2023 | americanbankingnews.comHC Wainwright Equities Analysts Reduce Earnings Estimates for Alto Ingredients, Inc. (NASDAQ:ALTO)May 9, 2023 | finance.yahoo.comQ1 2023 Alto Ingredients Inc Earnings CallMay 9, 2023 | benzinga.comAlto Ingredients shares are trading higher after the company reported better-than-expected Q1 sales.May 8, 2023 | benzinga.comAlto Ingredients Q1 EPS $(0.18) Misses $(0.07) Estimate, Sales $313.89M Beat $297.60M EstimateJune 4, 2023 | Altimetry (Ad)Biden's latest bailout--terrible for America?And a consultant for the Dept. of Defense (Joel Litman) says this is all leading to an event in the next 20 months that could help some get vastly wealthier… but also make it harder than ever to hang onto any money you make.This might be the most important development affecting you and your money over the next few years—May 8, 2023 | msn.comAlto Ingredients (ALTO) Reports Q1 Loss, Tops Revenue EstimatesMay 8, 2023 | finance.yahoo.comAlto Ingredients, Inc. Reports First Quarter 2023 ResultsMay 7, 2023 | americanbankingnews.comAlto Ingredients (ALTO) to Release Quarterly Earnings on MondayMay 5, 2023 | msn.com13 Best Serums for Mature Skin, According to DermatologistsMay 5, 2023 | msn.comEarnings Preview: Alto IngredientsMay 3, 2023 | americanbankingnews.comAlto Ingredients, Inc. (NASDAQ:ALTO) Sees Large Increase in Short InterestMay 2, 2023 | msn.comQuick Bites | Zelda’s is open again at Capitola VillageMay 2, 2023 | marketwatch.comAlternative Fuel Market Growth Opportunities and Emerging Trends till 2031May 2, 2023 | finance.yahoo.comAlto Ingredients, Inc. to Release First Quarter 2023 Financial ResultsApril 28, 2023 | msn.comWhat Is Maltodextrin, An Ingredient In Bournvita That Has Stirred The Health Drinks ControversyApril 27, 2023 | msn.comWhat is Bournvita ingredient Maltodextrin, sparking health drink controversy? Is Maltodextrin safe for kids?April 21, 2023 | bizjournals.comBuild a business, start a legacyApril 19, 2023 | finance.yahoo.comNested Naturals Releases New Product: Brain Superfood TonicApril 19, 2023 | americanbankingnews.comAlto Ingredients, Inc. (NASDAQ:ALTO) Short Interest UpdateApril 14, 2023 | marketwatch.comClean Alternative Fuel Market 2023-2031 with Latest Trend, and StrategiesApril 13, 2023 | seekingalpha.comChecking On Alto Ingredients After Brutal 2022April 11, 2023 | thestreet.comWarning: Popular Easter Candy Contains Ingredient Linked to Cancer (And Is Still For Sale)April 7, 2023 | bizjournals.comSanta Cruz ice cream shop, The Penny Ice Creamery, to open two new Bay Area locationsSee More Headlines ALTO Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart ALTO Company Calendar Last Earnings3/09/2023Today6/03/2023Next Earnings (Estimated)8/14/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Industrial organic chemicals Sub-IndustryN/A SectorConsumer Discretionary Current SymbolNASDAQ:ALTO CUSIPN/A CIK778164 Webwww.altoingredients.com Phone(916) 403-2123Fax916-446-3937Employees415Year FoundedN/APrice Target and Rating Average Stock Price Forecast$6.50 High Stock Price Forecast$7.00 Low Stock Price Forecast$6.00 Forecasted Upside/Downside+208.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.74) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-41,600,000.00 Net Margins-3.89% Pretax Margin-3.75% Return on Equity-20.64% Return on Assets-13.95% Debt Debt-to-Equity Ratio0.29 Current Ratio3.19 Quick Ratio1.94 Sales & Book Value Annual Sales$1.34 billion Price / Sales0.12 Cash FlowN/A Price / Cash FlowN/A Book Value$3.91 per share Price / Book0.54Miscellaneous Outstanding Shares75,140,000Free Float72,590,000Market Cap$158.55 million OptionableOptionable Beta2.37 Key ExecutivesMichael D. KandrisPresident, Chief Executive Officer, COO & DirectorBryon T. McGregorChief Financial OfficerJames R. SneedChief Commercial Officer & Vice PresidentAuste Maria GrahamSecretary, Vice President & General CounselMichael KramerInvestor Relations ContactKey CompetitorsCodere Online LuxembourgNASDAQ:CDROiHumanNYSE:IHSuperior Group of CompaniesNASDAQ:SGCRocky BrandsNASDAQ:RCKYTownsquare MediaNYSE:TSQView All CompetitorsInsiders & InstitutionsGilbert E NathanBought 5,000 shares on 5/31/2023Total: $9,950.00 ($1.99/share)Ameriprise Financial Inc.Bought 38,700 shares on 5/22/2023Ownership: 0.137%JPMorgan Chase & Co.Bought 14,052 shares on 5/18/2023Ownership: 0.074%Geode Capital Management LLCBought 54,094 shares on 5/16/2023Ownership: 1.809%First Trust Advisors LPBought 16,384 shares on 5/16/2023Ownership: 0.240%View All Insider TransactionsView All Institutional Transactions ALTO Stock - Frequently Asked Questions Should I buy or sell Alto Ingredients stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Alto Ingredients in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" ALTO shares. View ALTO analyst ratings or view top-rated stocks. What is Alto Ingredients' stock price forecast for 2023? 1 Wall Street analysts have issued 1 year price objectives for Alto Ingredients' shares. Their ALTO share price forecasts range from $6.00 to $7.00. On average, they expect the company's stock price to reach $6.50 in the next year. This suggests a possible upside of 208.1% from the stock's current price. View analysts price targets for ALTO or view top-rated stocks among Wall Street analysts. How have ALTO shares performed in 2023? Alto Ingredients' stock was trading at $2.88 on January 1st, 2023. Since then, ALTO stock has decreased by 26.7% and is now trading at $2.11. View the best growth stocks for 2023 here. When is Alto Ingredients' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, August 14th 2023. View our ALTO earnings forecast. How were Alto Ingredients' earnings last quarter? Alto Ingredients, Inc. (NASDAQ:ALTO) posted its earnings results on Thursday, March, 9th. The company reported ($0.46) EPS for the quarter, missing the consensus estimate of ($0.08) by $0.38. The firm had revenue of $328.44 million for the quarter, compared to analysts' expectations of $322.33 million. Alto Ingredients had a negative trailing twelve-month return on equity of 20.64% and a negative net margin of 3.89%. What ETF holds Alto Ingredients' stock ? First Trust Dow Jones Select Microcap Index Fund holds 180,078 shares of ALTO stock, representing 0.18% of its portfolio. What is Alto Ingredients' stock symbol? Alto Ingredients trades on the NASDAQ under the ticker symbol "ALTO." Who are Alto Ingredients' major shareholders? Alto Ingredients' stock is owned by many different retail and institutional investors. Top institutional investors include BlackRock Inc. (7.47%), Dimensional Fund Advisors LP (3.14%), AQR Capital Management LLC (3.13%), Allspring Global Investments Holdings LLC (2.21%), Charles Schwab Investment Management Inc. (2.16%) and Geode Capital Management LLC (1.81%). Insiders that own company stock include Auste M Graham, Bryon T Mcgregor, Christopher W Wright, Gilbert E Nathan, James R Sneed, Maria G Gray, Michael D Kandris and William L Jones. View institutional ownership trends. How do I buy shares of Alto Ingredients? Shares of ALTO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Alto Ingredients' stock price today? One share of ALTO stock can currently be purchased for approximately $2.11. How much money does Alto Ingredients make? Alto Ingredients (NASDAQ:ALTO) has a market capitalization of $158.55 million and generates $1.34 billion in revenue each year. The company earns $-41,600,000.00 in net income (profit) each year or ($0.74) on an earnings per share basis. How many employees does Alto Ingredients have? The company employs 415 workers across the globe. How can I contact Alto Ingredients? Alto Ingredients' mailing address is 1300 South Second Street, Pekin IL, 61554. The official website for the company is www.altoingredients.com. The company can be reached via phone at (916) 403-2123, via email at investorrelations@altoingredients.com, or via fax at 916-446-3937. This page (NASDAQ:ALTO) was last updated on 6/4/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. 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