Pacific Ethanol, Inc produces and markets low-carbon renewable fuels and alcohol products in the United States. The company operates in two segments, Production and Marketing. It produces and markets ethanol; and co-products, such as wet and dry distillers grains, 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.
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Industry, Sector and Symbol
Industry Industrial organic chemicals
Sub-IndustryN/A
SectorOils/Energy
Phone916-403-2123
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.52 billion
Profitability
Miscellaneous
Employees510
Next Earnings Date10/30/2019 (Estimated)
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 quarterly earnings results on Wednesday, July, 31st. The oil and gas company reported ($0.17) earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.19) by $0.02. The oil and gas company earned $346.30 million during the quarter, compared to analysts' expectations of $377.12 million. Pacific Ethanol had a negative return on equity of 18.75% and a negative net margin of 4.27%. View Pacific Ethanol's Earnings History.
When is Pacific Ethanol's next earnings date?
What price target have analysts set for PEIX?
3 Wall Street analysts have issued 1-year price objectives for Pacific Ethanol's stock. Their forecasts range from $3.00 to $5.00. On average, they anticipate Pacific Ethanol's share price to reach $4.00 in the next year. This suggests a possible upside of 601.8% from the stock's current price. View Analyst Price Targets for Pacific Ethanol.
What is the consensus analysts' recommendation for Pacific Ethanol?
3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pacific Ethanol in the last year. There are currently 1 hold rating and 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. " (7/4/2019)
- 2. HC Wainwright analysts commented, "We are lowering our price target on PEIX to $4.00 from $8.00 previously, as we have tempered our short- term expectations based on headwinds resulting from lower ethanol demand from China and prevailing price pressures. Please see the valuation section of this note for more details. 1Q19 results update. Ethanol reported its 1Q19 results with revenues of $355.8M, a 11.1% YoY decline. Production gallons dropped to 116.9M in 1Q19, compared to 131.1M in 4Q18 and 140.8M in 1Q18, due to high levels of industry wide ethanol inventory build. We believe inventory levels are now trending lower and have dropped approximately 7% from peak levels at the end of 2018." (5/3/2019)
Has Pacific Ethanol been receiving favorable news coverage?
Headlines about PEIX stock have been trending positive recently, according to InfoTrie. The research firm identifies negative and positive media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Pacific Ethanol earned a news impact score of 2.5 on InfoTrie's scale. They also gave news articles about the oil and gas company a news buzz of 6.0 out of 10, indicating that recent media coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Pacific Ethanol.
Are investors shorting Pacific Ethanol?
Pacific Ethanol saw a decline in short interest in July. As of July 31st, there was short interest totalling 1,029,700 shares, a decline of 10.8% from the June 30th total of 1,153,900 shares. Based on an average daily volume of 318,800 shares, the days-to-cover ratio is currently 3.2 days. Approximately 2.5% of the shares of the stock are sold short. View Pacific Ethanol's Current Options Chain.
Who are some of Pacific Ethanol's key competitors?
What other stocks do shareholders of Pacific Ethanol own?
Who are Pacific Ethanol's key executives?
Pacific Ethanol's management team includes the folowing people:
- Mr. William L. Jones, Founder & Chairman (Age 69)
- Mr. Neil M. Koehler, Founder, CEO, Pres & Director (Age 61)
- Mr. Bryon T. McGregor, Chief Financial Officer (Age 55)
- Mr. Michael D. Kandris, COO & Director (Age 71)
- Mr. Christopher W. Wright, VP, Gen. Counsel and Sec. (Age 66)
Who are Pacific Ethanol's major shareholders?
Pacific Ethanol's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (5.21%), Renaissance Technologies LLC (4.14%), Vanguard Group Inc. (3.84%), Acadian Asset Management LLC (0.59%), Bank of New York Mellon Corp (0.37%) and A.R.T. Advisors LLC (0.09%). Company insiders that own Pacific Ethanol stock include Bryon T Mcgregor, James R Sneed, 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?
Which institutional investors are buying Pacific Ethanol stock?
PEIX stock was acquired by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Renaissance Technologies LLC, Bank of New York Mellon Corp and A.R.T. Advisors 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.
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 $0.57.
How big of a company is Pacific Ethanol?
Pacific Ethanol has a market capitalization of $28.37 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.
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.
