Why Buy Stock In Gevo Inc. (GEVO)?
Gevo Inc. (NASDAQ:GEVO) has a beta value of 3.32 and has seen 6.85 million shares traded in the last trading session. The company, currently valued at $1.61B, closed the last trade at $8.31 per share which meant it lost -$0.05 on the day or -0.60% during that session. The GEVO stock price is -87.36% off its 52-week high price of $15.57 and 94.46% above the 52-week low of $0.46. If we look at the companys 10-day average daily trading volume, we find that it stood at 11.75 million shares traded. The 3-month trading volume is 13.84 million shares. The consensus among analysts is that Gevo Inc. (GEVO) is a Buy stock at the moment, with a recommendation rating of 2.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 2 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -$0.05. Gevo Inc. (NASDAQ:GEVO) trade information  Sporting -0.60% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on Monday, 06/14/21 when the GEVO stock price touched $8.31 or saw a rise of 13.8%. Year-to-date, Gevo Inc. shares have moved 95.53%, while the 5-day performance has seen it change -6.73%. Over the past 30 days, the shares of Gevo Inc. (NASDAQ:GEVO) have changed 74.58%. Short interest in the company has seen 21.93 million shares shorted with days to cover at 1.4. Wall Street analysts have a consensus price target for the stock at $17.00, which means that the shares value could jump 51.12% from current levels. The projected low price target is $16.00 while the price target rests at a high of $18.00. In that case, then, we find that the current price level is -116.61% off the targeted high while a plunge would see the stock gain -92.54% from current levels. Gevo Inc. (GEVO) estimates and forecasts  Figures show that Gevo Inc. shares have outperformed across the wider relevant industry. The companys shares have gained 377.59% over the past 6 months, with this year growth rate of 69.01%, compared to 15.60% for the industry. Other than that, the company has, however, increased its growth outlook for the 2021 fiscal year revenue. Growth estimates for the current quarter are 87.50% and 25.00% for the next quarter. Revenue growth from the last financial year stood is estimated to be -74.50%. 2 analysts offering their estimates for the company have set an average revenue estimate of $580k for the current quarter. 2 have an estimated revenue figure of $190k for the next quarter concluding in Sep 2021. Year-ago sales stood $988k and $192k respectively for this quarter and the next, and analysts expect sales will shrink by -41.30% for the current quarter and -1.00% for the next. Earnings growth for 2021 is a modest 70.00% while over the next 5 years, the companys earnings are expected to increase by 25.00%. 5 Stocks Under $10 That Are Poised to Take Off Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Investing in stocks under $10 could significantly increase the returns on your portfolio, especially if you pick the right stocks! Within this report you will find 5 top stocks that offer investors huge upside potential and the best bang for their buck. Add them to your watchlist before they take off! Get the Top 5 Stocks Now! Sponsored  GEVO Dividends  Gevo Inc. is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the companys debt issue. Gevo Inc. (NASDAQ:GEVO)s Major holders  Insiders own 2.54% of the company shares, while shares held by institutions stand at 10.60% with a share float percentage of 10.88%. Investors are also buoyed by the number of investors in a company, with Gevo Inc. having a total of 79 institutions that hold shares in the company. The top two institutional holders are Vanguard Group, Inc. (The) with over 4.6 million shares worth more than $19.55 million. As of Dec 30, 2020, Vanguard Group, Inc. (The) held 2.32% of shares outstanding. The other major institutional holder is Renaissance Technologies, LLC, with the holding of over 3.57 million shares as of Dec 30, 2020. The firms total holdings are worth over $15.17 million and represent 1.80% of shares outstanding. Also the top two Mutual Funds that are holding companys shares are SPDR (R) Ser Tr-SPDR (R) S&P (R) Oil & Gas Explor & Prod ETF and Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF. As of Mar 30, 2021, the former fund manager holds about 5.67% shares in the company for having 11.23 million shares of worth $110.16 million while later fund manager owns 4.11 million shares of worth $40.35 million as of Mar 30, 2021, which makes it owner of about 2.08% of companys outstanding stock.