NASDAQ:PEIX - Pacific Ethanol Stock Price, Forecast & News

Pacific Ethanol trades on the NASDAQ under the ticker symbol "PEIX."

Pacific Ethanol Inc (NASDAQ:PEIX) issued its quarterly earnings data on Thursday, November, 7th. The oil and gas company reported ($0.58) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.16) by $0.42. The oil and gas company earned $365.16 million during the quarter, compared to analysts' expectations of $359.26 million. Pacific Ethanol had a negative return on equity of 26.57% and a negative net margin of 5.70%. During the same quarter last year, the business earned ($0.18) earnings per share. View Pacific Ethanol's Earnings History.

Pacific Ethanol is scheduled to release their next quarterly earnings announcement on Tuesday, March 10th 2020. View Earnings Estimates for Pacific Ethanol.

2 equities research analysts have issued twelve-month target prices for Pacific Ethanol's shares. Their forecasts range from $3.00 to $3.00. On average, they anticipate Pacific Ethanol's share price to reach $3.00 in the next year. This suggests a possible upside of 400.0% from the stock's current price. View Analyst Price Targets for Pacific Ethanol.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacific Ethanol in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pacific Ethanol.

News stories about PEIX stock have been trending very positive this week, InfoTrie reports. The research firm scores the sentiment of news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pacific Ethanol earned a media sentiment score of 3.5 on InfoTrie's scale. They also gave press coverage about the oil and gas company a news buzz of 4.0 out of 10, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View News Stories for Pacific Ethanol.

Pacific Ethanol saw a decrease in short interest in January. As of January 15th, there was short interest totalling 467,000 shares, a decrease of 21.5% from the December 31st total of 594,700 shares. Based on an average daily trading volume, of 348,700 shares, the days-to-cover ratio is currently 1.3 days. Approximately 1.0% of the shares of the company are sold short. View Pacific Ethanol's Current Options Chain.

Some companies that are related to Pacific Ethanol include Solarwindow Technologies (WNDW), Sino United Worldwide Consolidated (SUIC), Tantech (TANH), Gevo (GEVO), CTD (CTDH), Aemetis (AMTX), Pledge Petroleum (PROP), Wave Sync (WAYS), OriginClear (OCLN), Methes Energies International (MEIL) and Mission Newenergy (MNELF).

Based on aggregate information from My MarketBeat watchlists, some companies that other Pacific Ethanol investors own include Advanced Micro Devices (AMD), Progenics Pharmaceuticals (PGNX), Inovio Pharmaceuticals (INO), Baidu (BIDU), Sorrento Therapeutics (SRNE), Actinium Pharmaceuticals (ATNM), Corbus Pharmaceuticals (CRBP), Green Plains (GPRE), Onconova Therapeutics (ONTX) and Plug Power (PLUG).

Pacific Ethanol's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (4.96%), Hapanowicz & Associates Financial Services Inc (0.42%), Bank of America Corp DE (0.19%), Virtu Financial LLC (0.19%) and Bank of New York Mellon Corp (0.10%). Company insiders that own Pacific Ethanol stock include Bryon T Mcgregor, James R Sneed, Larry D Layne, Michael D Kandris, Neil M Koehler and Paul Koehler. View Institutional Ownership Trends for Pacific Ethanol.

PEIX stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE and Bank of New York Mellon Corp. View Insider Buying and Selling for Pacific Ethanol.

PEIX stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Hapanowicz & Associates Financial Services Inc and Virtu Financial LLC. Company insiders that have bought Pacific Ethanol stock in the last two years include Bryon T Mcgregor, James R Sneed, Larry D Layne, Michael D Kandris, Neil M Koehler and Paul Koehler. View Insider Buying and Selling for Pacific Ethanol.

Shares of PEIX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of PEIX stock can currently be purchased for approximately $0.60.

Pacific Ethanol has a market capitalization of $33.56 million and generates $1.52 billion in revenue each year. The oil and gas company earns $-60,270,000.00 in net income (profit) each year or ($1.42) on an earnings per share basis. Pacific Ethanol employs 510 workers across the globe.View Additional Information About Pacific Ethanol.

The official website for Pacific Ethanol is http://www.pacificethanol.com/.

Pacific Ethanol's mailing address is 400 CAPITOL MALL SUITE 2060, SACRAMENTO CA, 95814. The oil and gas company can be reached via phone at 916-403-2123 or via email at [email protected]