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

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

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on GPRE shares. Oppenheimer restated an “outperform” rating and set a $20.00 price objective on shares of Green Plains in a report on Friday, May 8th. BMO Capital Markets reissued a “market perform” rating on shares of Green Plains in a research report on Friday, August 7th. UBS Group restated a “neutral” rating on shares of Green Plains in a research note on Tuesday, August 25th. Stephens upped their price target on shares of Green Plains from $18.00 to $20.00 and gave the company an “overweight” rating in a report on Friday, May 8th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Green Plains in a research note on Friday, July 17th. Three analysts have rated the stock with a Buy rating, three have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $15.43.

Green Plains Trading Down 6.0%

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 company has a market cap of $965.99 million, a P/E ratio of 8.67 and a beta of 1.17. The business has a fifty day simple moving average of $16.03 and a 200 day simple moving average of $15.75.

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

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of GPRE. Kailix Advisors LLC boosted its position in shares of Green Plains by 18.5% during the fourth quarter. Kailix Advisors LLC now owns 1,369,211 shares of the specialty chemicals company’s stock worth $13,418,000 after buying an additional 213,888 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in Green Plains in the 1st quarter valued at approximately $1,166,000. BlackRock Inc. bought a new stake in Green Plains during the 2nd quarter valued at $156,703,000. Dimensional Fund Advisors LP boosted its position in Green Plains by 9.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,643,651 shares of the specialty chemicals company’s stock worth $27,039,000 after acquiring an additional 145,741 shares during the period. Finally, Deutsche Bank AG acquired a new position in Green Plains during the 2nd quarter worth $4,193,000.

About Green Plains

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.