Pacific Ethanol, Inc. produces and markets low-carbon renewable fuels in the United States. The company operates in two segments, Production and Marketing. It produces and markets ethanol; specialty alcohols; and co-products, such as wet distillers grains, dry distillers grains with solubles, wet and dry corn gluten feed, condensed distillers solubles, corn gluten meal, corn germ, corn oil, distillers yeast, and CO2, as well as markets ethanol produced by third parties. The company also offers ethanol transportation, storage, and delivery services through third-party service providers. It sells ethanol to integrated oil companies and gasoline marketers; distillers grains and other feed co-products to dairies and feedlots; and corn oil to poultry and biodiesel customers. The company owns and operates nine ethanol production facilities in the Western states of California, Oregon, and Idaho; and in the Midwestern states of Illinois and Nebraska. Pacific Ethanol, Inc. was founded in 2003 and is headquartered in Sacramento, California.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry Industrial organic chemicals
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNASDAQ:PEIX
Previous Symbol
CUSIPN/A
Phone916-403-2123
Debt
Debt-to-Equity Ratio0.61
Current Ratio1.94
Quick Ratio1.39
Price-To-Earnings
Trailing P/E Ratio-1.65
Forward P/E Ratio-1.52
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.63 billion
Price / Sales0.04
Cash Flow$0.1097 per share
Price / Cash Flow12.76
Book Value$8.73 per share
Price / Book0.16
Profitability
EPS (Most Recent Fiscal Year)($0.85)
Net Income$-34,960,000.00
Net Margins-2.66%
Return on Equity-11.39%
Return on Assets-5.86%
Miscellaneous
Employees560
Outstanding Shares45,720,000
Market Cap$64 million
OptionableOptionable
Pacific Ethanol (NASDAQ:PEIX) Frequently Asked Questions
What is Pacific Ethanol's stock symbol?
Pacific Ethanol trades on the NASDAQ under the ticker symbol "PEIX."
How were Pacific Ethanol's earnings last quarter?
Pacific Ethanol Inc (NASDAQ:PEIX) released its earnings results on Wednesday, October, 31st. The oil and gas company reported ($0.18) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.13) by $0.05. The oil and gas company earned $370.41 million during the quarter, compared to analyst estimates of $404.30 million. Pacific Ethanol had a negative net margin of 2.66% and a negative return on equity of 11.39%. View Pacific Ethanol's Earnings History.
When is Pacific Ethanol's next earnings date?
What price target have analysts set for PEIX?
2 equities research analysts have issued 12 month target prices for Pacific Ethanol's shares. Their forecasts range from $5.00 to $8.00. On average, they expect Pacific Ethanol's share price to reach $6.50 in the next year. This suggests a possible upside of 364.3% from the stock's current price. View Analyst Price Targets for Pacific Ethanol.
What is the consensus analysts' recommendation for Pacific Ethanol?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacific Ethanol in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pacific Ethanol.
What are Wall Street analysts saying about Pacific Ethanol stock?
Here are some recent quotes from research analysts about Pacific Ethanol stock:
- 1. According to Zacks Investment Research, "Pacific Ethanol, Inc. is currently in the business of marketing ethanol in the Western United States through Kinergy Marketing, a wholly-owned subsidiary of the Company and the largest West Coast-based marketer of renewable fuels. The Company intends, in the near future, to construct an ethanol production facility at its Madera County, California, site. " (11/3/2018)
- 2. HC Wainwright analysts commented, "We are projecting 2018 revenues of approximately $1,659.0M for PEIX. We have assumed overall capacity utilization of approximately 93% during the next few quarters, and are projecting approximately 95% capacity utilization during 2019 and beyond. We are projecting the topline to reach over $2.0B during 2022. We expect the company to fully realize cost savings related to synergies from the ICP acquisition during 2H18." (10/10/2018)
Has Pacific Ethanol been receiving favorable news coverage?
Media stories about PEIX stock have trended positive this week, according to InfoTrie Sentiment. InfoTrie 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 -5 to 5, with scores closest to five being the most favorable. Pacific Ethanol earned a news sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage about the oil and gas company a news buzz of 8.0 out of 10, meaning that recent news coverage is very likely to have an impact on the stock's share price in the next few days.
Who are some of Pacific Ethanol's key competitors?
Who are Pacific Ethanol's key executives?
Pacific Ethanol's management team includes the folowing people:
- Mr. William L. Jones, Founder & Chairman (Age 68)
- Mr. Neil M. Koehler, Founder, CEO, Pres & Director (Age 60)
- Mr. Bryon T. McGregor, Chief Financial Officer (Age 54)
- Mr. Michael D. Kandris, COO & Director (Age 70)
- Mr. Christopher W. Wright, VP, Gen. Counsel and Sec. (Age 65)
Who are Pacific Ethanol's major shareholders?
Pacific Ethanol's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (7.42%), BlackRock Inc. (7.21%), Vanguard Group Inc (4.49%), Vanguard Group Inc. (4.49%), Foundry Partners LLC (2.49%) and Fuller & Thaler Asset Management Inc. (2.03%). Company insiders that own Pacific Ethanol stock include Bryon T Mcgregor, Candlewood Investment Group, L, Larry D Layne, Michael D Kandris, Neil M Koehler, Paul Koehler and William L Jones. View Institutional Ownership Trends for Pacific Ethanol.
Which institutional investors are selling Pacific Ethanol stock?
PEIX stock was sold by a variety of institutional investors in the last quarter, including Man Group plc, BlackRock Inc., ClariVest Asset Management LLC, Nordea Investment Management AB, Bridgeway Capital Management Inc., Vanguard Group Inc., Vanguard Group Inc and Acadian Asset Management LLC. View Insider Buying and Selling for Pacific Ethanol.
Which institutional investors are buying Pacific Ethanol stock?
PEIX stock was acquired by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Renaissance Technologies LLC, Fuller & Thaler Asset Management Inc. and Dimensional Fund Advisors LP. Company insiders that have bought Pacific Ethanol stock in the last two years include Bryon T Mcgregor, Larry D Layne, Michael D Kandris, Neil M Koehler and Paul Koehler. View Insider Buying and Selling for Pacific Ethanol.
How do I buy shares of 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, Scottrade, Fidelity and Charles Schwab.
What is Pacific Ethanol's stock price today?
One share of PEIX stock can currently be purchased for approximately $1.40.
How big of a company is Pacific Ethanol?
Pacific Ethanol has a market capitalization of $64 million and generates $1.63 billion in revenue each year. The oil and gas company earns $-34,960,000.00 in net income (profit) each year or ($0.85) on an earnings per share basis. Pacific Ethanol employs 560 workers across the globe.
What is Pacific Ethanol's official website?
How can I contact Pacific Ethanol?
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]
MarketBeat Community Rating for Pacific Ethanol (NASDAQ PEIX)
MarketBeat's community ratings are surveys of what our community members think about Pacific Ethanol and other stocks. Vote "Outperform" if you believe PEIX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PEIX will underperform the S&P 500 over the long term. You may vote once every thirty days.
