Pacific Ethanol, Inc. (NASDAQ:PEIX) is scheduled to release its earnings data after the market closes on Tuesday, October 31st.

Pacific Ethanol (NASDAQ:PEIX) last posted its earnings results on Wednesday, August 2nd. The oil and gas company reported ($0.22) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.04) by ($0.18). Pacific Ethanol had a negative return on equity of 3.02% and a negative net margin of 0.72%. The firm had revenue of $405.20 million during the quarter, compared to the consensus estimate of $410.34 million. During the same quarter in the previous year, the company earned $0.11 EPS. The business’s revenue was down 4.2% compared to the same quarter last year. On average, analysts expect Pacific Ethanol to post $-0.37 EPS for the current fiscal year and $0.55 EPS for the next fiscal year.

Shares of Pacific Ethanol, Inc. (PEIX) opened at 4.85 on Tuesday. The stock has a 50 day moving average of $5.35 and a 200 day moving average of $5.86. Pacific Ethanol, Inc. has a 1-year low of $4.15 and a 1-year high of $10.95. The company’s market cap is $213.26 million.

Several equities analysts have recently weighed in on PEIX shares. ValuEngine downgraded Pacific Ethanol from a “hold” rating to a “sell” rating in a report on Friday, September 1st. Cowen and Company set a $13.00 price target on Pacific Ethanol and gave the company a “buy” rating in a report on Saturday, July 29th. Zacks Investment Research downgraded Pacific Ethanol from a “hold” rating to a “strong sell” rating in a report on Thursday, October 5th. Finally, HC Wainwright restated a “buy” rating and set a $14.00 price target on shares of Pacific Ethanol in a report on Wednesday, June 28th. One analyst has rated the stock with a sell rating, two have given a hold rating and three have given a buy rating to the stock. Pacific Ethanol currently has a consensus rating of “Hold” and an average price target of $13.00.

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Pacific Ethanol Company Profile

Pacific Ethanol, Inc (Pacific Ethanol) is a marketer and producer of low-carbon renewable fuels in the Western United States. Pacific Ethanol markets all the ethanol produced by four ethanol production facilities located in California, Idaho and Oregon, or the Pacific Ethanol Plants, all the ethanol produced by three other ethanol producers in the Western United States and ethanol purchased from other third-party suppliers throughout the United States.

Earnings History for Pacific Ethanol (NASDAQ:PEIX)

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