Gevo (NASDAQ:GEVO) has earned a consensus broker rating score of 3.00 (Hold) from the one brokers that cover the company, Zacks Investment Research reports. One equities research analyst has rated the stock with a hold rating.
Brokers have set a 12-month consensus price objective of $12.00 for the company and are expecting that the company will post ($0.19) earnings per share for the current quarter, according to Zacks. Zacks has also assigned Gevo an industry rank of 103 out of 265 based on the ratings given to related companies.
A number of brokerages have recently issued reports on GEVO. ValuEngine downgraded shares of Gevo from a “hold” rating to a “sell” rating in a report on Wednesday, May 2nd. Zacks Investment Research upgraded shares of Gevo from a “sell” rating to a “hold” rating in a report on Tuesday, March 13th.
Gevo (NASDAQ:GEVO) last released its quarterly earnings data on Wednesday, March 28th. The energy company reported ($0.20) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.26) by $0.06. The company had revenue of $6.68 million during the quarter, compared to the consensus estimate of $5.70 million. Gevo had a negative net margin of 70.28% and a negative return on equity of 32.15%. equities analysts forecast that Gevo will post -0.83 earnings per share for the current year.
Gevo Company Profile
Gevo, Inc, a renewable chemicals and biofuels company, focuses on the development and commercialization of alternatives to petroleum-based products based on isobutanol produced from renewable feedstocks in the United States. It operates through two segments, Gevo, Inc and Gevo Development/Agri-Energy.
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