Green Plains (NASDAQ:GPRE) Trading Down 5% – Should You Sell?

Shares of Green Plains, Inc. (NASDAQ:GPRE) were down 5% on Monday . The company traded as low as $14.08 and last traded at $13.9290. 201,820 shares traded hands during trading, a decline of 87% from the average session volume of 1,512,341 shares. The stock had previously closed at $14.66.

Analysts Set New Price Targets

A number of equities analysts have weighed in on GPRE shares. Zacks Research lowered shares of Green Plains from a “hold” rating to a “strong sell” rating in a research report on Thursday, August 6th. Weiss Ratings restated a “sell (d-)” rating on shares of Green Plains in a research report on Friday, July 17th. Wall Street Zen upgraded shares of Green Plains from a “buy” rating to a “strong-buy” rating in a research note on Saturday, August 8th. UBS Group reaffirmed a “neutral” rating on shares of Green Plains in a report on Tuesday, August 25th. Finally, Stephens increased their price target on Green Plains from $18.00 to $20.00 and gave the stock an “overweight” rating in a research note on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $15.43.

Green Plains Stock Performance

The company has a debt-to-equity ratio of 0.45, a quick ratio of 1.58 and a current ratio of 1.99. The business’s fifty day simple moving average is $16.02 and its 200-day simple moving average is $15.74. The firm has a market capitalization of $1.03 billion, a PE ratio of 9.28 and a beta of 1.16.

Green Plains (NASDAQ:GPRE) last released its quarterly earnings data on Thursday, August 6th. The specialty chemicals company reported $0.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.29. Green Plains had a net margin of 6.78% and a return on equity of 14.52%. The firm had revenue of $446.22 million for the quarter, compared to analysts’ expectations of $542.38 million. During the same quarter last year, the business posted ($1.09) earnings per share. As a group, equities research analysts expect that Green Plains, Inc. will post 2.04 EPS for the current year.

Institutional Trading of Green Plains

Several hedge funds have recently bought and sold shares of the stock. Nykredit A S purchased a new stake in shares of Green Plains in the second quarter worth about $27,000. WINTON GROUP Ltd bought a new position in Green Plains during the second quarter valued at approximately $61,000. Quarry LP purchased a new position in Green Plains during the 3rd quarter valued at approximately $67,000. Aquatic Capital Management LLC purchased a new position in Green Plains during the 3rd quarter valued at approximately $95,000. Finally, Marex Group plc bought a new stake in Green Plains in the 4th quarter worth approximately $98,000.

Green Plains Company Profile

Green Plains Inc is a leading producer of fuel-grade ethanol and related co-products in the United States. Headquartered in Omaha, Nebraska, the company operates an integrated network of biorefineries that convert corn and other grains into renewable fuels. Through its production facilities, Green Plains supplies ethanol to domestic fuel markets and export channels, supporting efforts to reduce greenhouse gas emissions and promote cleaner-burning transportation options.

Beyond ethanol, Green Plains manufactures a range of co-products that add value throughout the agricultural supply chain.