HC Wainwright Has Bullish Forecast for Gevo FY2028 Earnings

Gevo, Inc. (NASDAQ:GEVO) – Equities researchers at HC Wainwright raised their FY2028 earnings estimates for shares of Gevo in a research report issued to clients and investors on Friday, July 17th. HC Wainwright analyst A. Dayal now anticipates that the energy company will earn $0.16 per share for the year, up from their previous forecast of $0.10. HC Wainwright has a “Buy” rating on the stock. The consensus estimate for Gevo’s current full-year earnings is ($0.10) per share. HC Wainwright also issued estimates for Gevo’s FY2029 earnings at $0.65 EPS and FY2030 earnings at $0.69 EPS.

Gevo (NASDAQ:GEVO) last issued its quarterly earnings results on Thursday, May 7th. The energy company reported ($0.05) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.02) by ($0.03). The company had revenue of $42.95 million during the quarter, compared to the consensus estimate of $44.90 million. Gevo had a negative net margin of 19.38% and a negative return on equity of 5.06%.

A number of other research firms also recently weighed in on GEVO. Northland Securities set a $3.75 target price on Gevo in a research report on Thursday. Zacks Research raised Gevo from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Wall Street Zen downgraded Gevo from a “hold” rating to a “strong sell” rating in a research report on Sunday, May 10th. UBS Group reissued a “neutral” rating and set a $2.00 price objective (down from $2.25) on shares of Gevo in a report on Friday, May 22nd. Finally, Weiss Ratings restated a “sell (d-)” rating on shares of Gevo in a research report on Tuesday, April 21st. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Gevo has an average rating of “Hold” and a consensus target price of $2.88.

Gevo Price Performance

Shares of GEVO opened at $1.63 on Monday. The company has a 50-day simple moving average of $1.58 and a 200-day simple moving average of $1.87. The firm has a market capitalization of $396.76 million, a P/E ratio of -12.54 and a beta of 1.02. The company has a debt-to-equity ratio of 0.37, a quick ratio of 3.51 and a current ratio of 4.31. Gevo has a 52 week low of $1.12 and a 52 week high of $2.97.

Insider Buying and Selling at Gevo

In related news, CEO Paul D. Bloom sold 35,189 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $1.43, for a total transaction of $50,320.27. Following the transaction, the chief executive officer owned 1,483,399 shares in the company, valued at $2,121,260.57. This represents a 2.32% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Patrick R. Gruber sold 157,563 shares of the stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $1.40, for a total transaction of $220,588.20. Following the sale, the director directly owned 3,571,430 shares in the company, valued at $5,000,002. This trade represents a 4.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 765,362 shares of company stock worth $1,236,411 over the last 90 days. Company insiders own 7.09% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the company. Key Client Fiduciary Advisors LLC bought a new position in Gevo in the 4th quarter valued at $25,000. Berger Financial Group Inc bought a new stake in shares of Gevo during the fourth quarter worth $26,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in shares of Gevo during the first quarter valued at $28,000. BNP Paribas Financial Markets lifted its stake in shares of Gevo by 138.1% during the second quarter. BNP Paribas Financial Markets now owns 20,927 shares of the energy company’s stock valued at $28,000 after acquiring an additional 12,136 shares during the period. Finally, Franklin Resources Inc. acquired a new position in shares of Gevo during the fourth quarter valued at $28,000. Institutional investors and hedge funds own 35.17% of the company’s stock.

Gevo Company Profile

Gevo, Inc (NASDAQ: GEVO) is a renewable chemicals and biofuels company that develops and produces low-carbon alternatives to petroleum-based products. The company’s core technology platform converts fermentable sugars into isobutanol, which can be further processed into sustainable aviation fuel (SAF), renewable gasoline, diesel, and jet fuel. Gevo’s integrated biorefinery model combines fermentation, recovery, and downstream processing to deliver scalable, drop-in replacements for conventional fossil-derived hydrocarbons.

Gevo’s primary products include isobutanol, a four-carbon alcohol used as a building block for various fuels and chemicals, and hydrocarbon fuels that meet ASTM specifications for aviation and road transport.