Green Plains Inc. (NASDAQ:GPRE) Receives $25.50 Average Price Target from Analysts

Shares of Green Plains Inc. (NASDAQ:GPRE) have been assigned an average recommendation of “Moderate Buy” from the nine brokerages that are presently covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month price target among analysts that have updated their coverage on the stock in the last year is $25.50.

A number of brokerages have weighed in on GPRE. Stephens raised Green Plains to a “hold” rating in a research note on Monday, December 2nd. StockNews.com upgraded Green Plains from a “sell” rating to a “hold” rating in a research note on Friday, December 6th. Finally, Truist Financial decreased their price objective on shares of Green Plains from $25.00 to $18.00 and set a “buy” rating for the company in a report on Wednesday, October 16th.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the company. Kailix Advisors LLC grew its position in Green Plains by 39.8% during the 2nd quarter. Kailix Advisors LLC now owns 1,343,269 shares of the specialty chemicals company’s stock worth $22,406,000 after purchasing an additional 382,517 shares in the last quarter. Lumbard & Kellner LLC acquired a new position in Green Plains during the second quarter worth $4,685,000. American Century Companies Inc. raised its stake in shares of Green Plains by 287.6% in the 2nd quarter. American Century Companies Inc. now owns 332,586 shares of the specialty chemicals company’s stock valued at $5,275,000 after acquiring an additional 246,773 shares in the last quarter. Wolf Hill Capital Management LP boosted its holdings in shares of Green Plains by 13.7% during the 2nd quarter. Wolf Hill Capital Management LP now owns 1,994,539 shares of the specialty chemicals company’s stock worth $31,633,000 after buying an additional 240,849 shares during the period. Finally, Clifford Capital Partners LLC increased its stake in shares of Green Plains by 53.7% in the second quarter. Clifford Capital Partners LLC now owns 511,026 shares of the specialty chemicals company’s stock worth $8,105,000 after purchasing an additional 178,484 shares during the period.

Green Plains Price Performance

Green Plains stock opened at $9.21 on Friday. The company has a quick ratio of 1.16, a current ratio of 1.78 and a debt-to-equity ratio of 0.46. The firm’s 50-day simple moving average is $11.09 and its 200 day simple moving average is $13.41. Green Plains has a 52 week low of $8.96 and a 52 week high of $26.04. The firm has a market capitalization of $595.44 million, a PE ratio of -24.24 and a beta of 1.44.

Green Plains Company Profile

Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.