Northland Securities Boosts Earnings Estimates for Gevo

Gevo, Inc. (NASDAQ:GEVO) – Northland Securities increased their FY2027 earnings per share estimates for Gevo in a research note issued on Friday, August 7th. Northland Securities analyst J. Grampp now expects that the energy company will post earnings of $0.08 per share for the year, up from their prior estimate of $0.06. The consensus estimate for Gevo’s current full-year earnings is ($0.07) per share.

Other analysts have also issued reports about the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Gevo in a research report on Friday, July 17th. UBS Group reiterated a “neutral” rating and issued a $2.00 price objective (down from $2.25) on shares of Gevo in a research note on Friday, May 22nd. HC Wainwright reiterated a “buy” rating on shares of Gevo in a research report on Tuesday, May 26th. Wall Street Zen raised shares of Gevo from a “strong sell” rating to a “sell” rating in a research note on Saturday. Finally, Zacks Research upgraded shares of Gevo from a “strong sell” rating to a “hold” rating in a report on Tuesday, July 7th. Two research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $2.88.

Gevo Trading Up 3.8%

NASDAQ:GEVO opened at $1.63 on Monday. The stock has a market cap of $403.00 million, a PE ratio of -1.83 and a beta of 1.04. Gevo has a fifty-two week low of $1.37 and a fifty-two week high of $2.97. The company has a debt-to-equity ratio of 0.37, a current ratio of 4.31 and a quick ratio of 3.51. The stock’s 50-day moving average is $1.53 and its two-hundred day moving average is $1.82.

Gevo (NASDAQ:GEVO) last announced its quarterly earnings data on Thursday, August 6th. The energy company reported ($0.01) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.01. Gevo had a negative return on equity of 5.83% and a negative net margin of 119.93%.The firm had revenue of $46.50 million during the quarter, compared to the consensus estimate of $46.40 million.

Insider Transactions at Gevo

In related news, CFO Oluwagbemileke Yusuf Agiri sold 18,223 shares of the stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $1.54, for a total value of $28,063.42. Following the transaction, the chief financial officer owned 472,893 shares in the company, valued at approximately $728,255.22. This represents a 3.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Christopher Michael Ryan sold 35,196 shares of Gevo stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $1.43, for a total transaction of $50,330.28. Following the completion of the sale, the chief operating officer owned 1,279,245 shares of the company’s stock, valued at $1,829,320.35. This trade represents a 2.68% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 1,067,030 shares of company stock valued at $1,691,411 in the last quarter. Corporate insiders own 7.09% of the company’s stock.

Institutional Investors Weigh In On Gevo

A number of large investors have recently bought and sold shares of GEVO. Millennium Management LLC raised its holdings in Gevo by 1.9% during the first quarter. Millennium Management LLC now owns 3,278,261 shares of the energy company’s stock valued at $3,803,000 after buying an additional 61,919 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Gevo by 11.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,164,499 shares of the energy company’s stock worth $1,351,000 after acquiring an additional 123,170 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Gevo by 915.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 121,305 shares of the energy company’s stock worth $160,000 after acquiring an additional 109,363 shares in the last quarter. Legal & General Group Plc acquired a new position in shares of Gevo during the 2nd quarter valued at about $28,000. Finally, Rhumbline Advisers acquired a new position in shares of Gevo during the 2nd quarter valued at about $383,000. 35.17% of the stock is currently owned by institutional investors.

About Gevo

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.