FY2026 EPS Estimate for Alto Ingredients Raised by Analyst

Alto Ingredients, Inc. (NASDAQ:ALTO – Free Report) – HC Wainwright raised their FY2026 earnings per share (EPS) estimates for Alto Ingredients in a research report issued to clients and investors on Thursday, November 5th. HC Wainwright analyst A. Dayal now expects that the company will post earnings per share of $0.48 for the year, up from their previous estimate of $0.39. HC Wainwright currently has a “Buy” rating on the stock. The consensus estimate for Alto Ingredients’ current full-year earnings is $0.48 per share. HC Wainwright also issued estimates for Alto Ingredients’ FY2027 earnings at $0.36 EPS.

Alto Ingredients (NASDAQ:ALTO – Get Free Report) last released its quarterly earnings data on Wednesday, November 4th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.09 by $0.07. Alto Ingredients had a return on equity of 17.53% and a net margin of 5.29%. The firm had revenue of $257.89 million during the quarter, compared to analysts’ expectations of $250.97 million.

Several other equities research analysts have also issued reports on ALTO. Weiss Ratings reiterated a “hold (c)” rating on shares of Alto Ingredients in a report on Thursday, October 29th. Benchmark upgraded shares of Alto Ingredients to a “strong-buy” rating in a research note on Wednesday, September 30th. Finally, Scotiabank set a $10.00 target price on shares of Alto Ingredients in a research note on Thursday, August 6th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $10.00.

View Our Latest Analysis on Alto Ingredients

Alto Ingredients Stock Performance

Shares of ALTO stock opened at $3.82 on Monday. The company has a debt-to-equity ratio of 0.23, a current ratio of 3.19 and a quick ratio of 2.17. Alto Ingredients has a fifty-two week low of $1.40 and a fifty-two week high of $6.11. The stock’s 50-day moving average is $3.77 and its two-hundred day moving average is $4.28. The firm has a market cap of $296.32 million, a P/E ratio of 5.97 and a beta of 0.13.

Institutional Trading of Alto Ingredients

Several large investors have recently made changes to their positions in ALTO. BlackRock Inc. bought a new position in shares of Alto Ingredients in the second quarter valued at approximately $31,322,000. Hillsdale Investment Management Inc. lifted its stake in shares of Alto Ingredients by 590.1% in the first quarter. Hillsdale Investment Management Inc. now owns 1,000,703 shares of the company’s stock worth $4,843,000 after buying an additional 855,703 shares during the last quarter. Bank of America Corp DE lifted its stake in shares of Alto Ingredients by 1,441.7% in the first quarter. Bank of America Corp DE now owns 550,294 shares of the company’s stock worth $2,663,000 after buying an additional 514,600 shares during the last quarter. Dimensional Fund Advisors LP boosted its holdings in shares of Alto Ingredients by 74.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 659,268 shares of the company’s stock worth $3,190,000 after buying an additional 281,833 shares during the period. Finally, Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of Alto Ingredients during the 2nd quarter worth $4,878,000. Institutional investors own 42.44% of the company’s stock.

Insider Buying and Selling

In other Alto Ingredients news, Director Gilbert Nathan bought 10,000 shares of the stock in a transaction on Monday, September 14th. The shares were purchased at an average cost of $3.93 per share, with a total value of $39,300.00. Following the completion of the transaction, the director directly owned 866,393 shares of the company’s stock, valued at $3,404,924.49. This represents a 1.17% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 4.28% of the stock is owned by insiders.

About Alto Ingredients

(Get Free Report)

Alto Ingredients, Inc (NASDAQ:ALTO) is a renewable fuels and specialty ingredients company that produces low-carbon ethanol and other products derived primarily from corn. Its ethanol is used as a transportation fuel and as a blending component in gasoline, while the company’s operations support markets focused on renewable energy and lower-carbon fuel alternatives.

In addition to ethanol, Alto Ingredients produces and markets co-products such as dried distillers grains, wet distillers grains and renewable corn oil.

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