Green Plains (GPRE) Scheduled to Post Earnings on Tuesday
Green Plains (NASDAQ:GPRE) is set to post its Q214 quarterly earnings results on Tuesday, July 29th. Analysts expect Green Plains to post earnings of $0.96 per share and revenue of $854.13 million for the quarter.
Shares of Green Plains (NASDAQ:GPRE) traded up 0.77% during mid-day trading on Monday, hitting $39.06. 465,469 shares of the company’s stock traded hands. Green Plains has a 1-year low of $13.78 and a 1-year high of $39.58. The stock has a 50-day moving average of $34.16 and a 200-day moving average of $28.38. The company has a market cap of $1.461 billion and a P/E ratio of 17.67.
GPRE has been the subject of a number of recent research reports. Analysts at Piper Jaffray raised their price target on shares of Green Plains from $36.00 to $45.00 in a research note on Monday, July 14th. They now have an “overweight” rating on the stock. On the ratings front, analysts at Zacks upgraded shares of Green Plains from a “neutral” rating to an “outperform” rating in a research note on Friday, July 11th. They now have a $38.00 price target on the stock. Finally, analysts at Credit Suisse reiterated a “neutral” rating on shares of Green Plains in a research note on Friday, July 11th. They now have a $40.00 price target on the stock, up previously from $26.00. Five equities research analysts have rated the stock with a hold rating and four have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus target price of $37.64.
Green Plains Inc (NASDAQ:GPRE), formerly Green Plains Renewable Energy, Inc, incorporated on June 29, 2004, is vertically integrated producer, marketer and distributer of ethanol.
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