What is HC Wainwright’s Estimate for Gevo FY2029 Earnings?

Gevo, Inc. (NASDAQ:GEVO) – Analysts at HC Wainwright issued their FY2029 earnings per share (EPS) estimates for shares of Gevo in a research note issued to investors on Tuesday, February 4th. HC Wainwright analyst A. Dayal expects that the energy company will earn $1.08 per share for the year. HC Wainwright has a “Buy” rating and a $14.00 price objective on the stock. The consensus estimate for Gevo’s current full-year earnings is ($0.32) per share.

Gevo (NASDAQ:GEVO) last issued its quarterly earnings results on Thursday, November 7th. The energy company reported ($0.09) EPS for the quarter, beating the consensus estimate of ($0.10) by $0.01. The company had revenue of $1.97 million for the quarter, compared to the consensus estimate of $6.08 million. Gevo had a negative net margin of 510.04% and a negative return on equity of 14.95%. During the same period in the prior year, the firm posted ($0.07) EPS.

Separately, UBS Group upped their target price on Gevo from $0.85 to $3.25 and gave the company a “neutral” rating in a research report on Tuesday, October 22nd.

Gevo Stock Down 3.1 %

NASDAQ:GEVO opened at $1.87 on Friday. The company has a 50-day moving average of $1.87 and a 200 day moving average of $1.57. Gevo has a 1-year low of $0.48 and a 1-year high of $3.39. The firm has a market cap of $447.69 million, a PE ratio of -5.50 and a beta of 2.73. The company has a debt-to-equity ratio of 0.13, a current ratio of 8.25 and a quick ratio of 8.05.

Institutional Trading of Gevo

Several large investors have recently bought and sold shares of GEVO. Raymond James Financial Inc. purchased a new position in Gevo during the fourth quarter worth about $27,000. Signal Advisors Wealth LLC purchased a new stake in Gevo during the 4th quarter worth approximately $34,000. Lauterbach Financial Advisors LLC purchased a new stake in shares of Gevo during the third quarter worth $29,000. VisionPoint Advisory Group LLC raised its position in Gevo by 200.9% in the 4th quarter. VisionPoint Advisory Group LLC now owns 28,057 shares of the energy company’s stock valued at $65,000 after purchasing an additional 18,734 shares in the last quarter. Finally, Financial Advocates Investment Management lifted its stake in Gevo by 28.5% in the fourth quarter. Financial Advocates Investment Management now owns 90,000 shares of the energy company’s stock worth $188,000 after acquiring an additional 19,980 shares during the last quarter. Hedge funds and other institutional investors own 35.17% of the company’s stock.

Gevo Company Profile

Gevo, Inc operates as a carbon abatement company. It operates through three segments: Gevo, Agri-Energy, and Renewable Natural Gas. The company focuses on transforming renewable energy into energy-dense liquid hydrocarbons that can be used as renewable fuels. It offers renewable gasoline and diesel, isobutanol, sustainable aviation fuel, renewable natural gas, isobutylene, ethanol, and animal feed and protein.