Green Plains Inc (NASDAQ:GPRE) insider Michelle Mapes sold 7,000 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The shares were sold at an average price of $19.27, for a total transaction of $134,890.00. Following the completion of the transaction, the insider now directly owns 35,515 shares in the company, valued at $684,374.05. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.
Green Plains Inc (GPRE) traded down $0.60 on Wednesday, reaching $18.30. 607,904 shares of the company’s stock traded hands, compared to its average volume of 742,618. The company has a current ratio of 1.36, a quick ratio of 0.56 and a debt-to-equity ratio of 0.72. The firm has a market capitalization of $798.50, a price-to-earnings ratio of 15.16, a PEG ratio of 3.39 and a beta of 1.55. Green Plains Inc has a 12 month low of $15.60 and a 12 month high of $26.05.
Green Plains (NASDAQ:GPRE) last posted its earnings results on Wednesday, February 7th. The specialty chemicals company reported ($0.16) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.17) by $0.01. The company had revenue of $920.98 million for the quarter, compared to analyst estimates of $953.30 million. Green Plains had a net margin of 1.70% and a negative return on equity of 3.33%. The business’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same period last year, the business posted $0.47 earnings per share. research analysts forecast that Green Plains Inc will post 0.55 earnings per share for the current fiscal year.
A number of equities analysts have issued reports on GPRE shares. BidaskClub raised shares of Green Plains from a “strong sell” rating to a “sell” rating in a research note on Thursday, January 11th. BMO Capital Markets reaffirmed an “outperform” rating and issued a $25.00 price objective (down from $30.00) on shares of Green Plains in a research note on Monday, November 6th. Piper Jaffray Companies raised shares of Green Plains from a “neutral” rating to an “overweight” rating in a research note on Friday, November 3rd. ValuEngine cut shares of Green Plains from a “hold” rating to a “sell” rating in a research note on Friday, February 2nd. Finally, Zacks Investment Research raised shares of Green Plains from a “sell” rating to a “hold” rating in a research note on Thursday, February 8th. Three equities research analysts have rated the stock with a sell rating and six have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $26.67.
Institutional investors and hedge funds have recently bought and sold shares of the business. Public Employees Retirement System of Ohio raised its holdings in Green Plains by 1.4% in the second quarter. Public Employees Retirement System of Ohio now owns 7,612 shares of the specialty chemicals company’s stock worth $156,000 after purchasing an additional 104 shares during the period. UBS Asset Management Americas Inc. raised its holdings in Green Plains by 28.6% in the second quarter. UBS Asset Management Americas Inc. now owns 10,599 shares of the specialty chemicals company’s stock worth $218,000 after purchasing an additional 2,360 shares during the period. Teacher Retirement System of Texas acquired a new stake in Green Plains in the fourth quarter worth $228,000. Crossmark Global Holdings Inc. acquired a new stake in Green Plains in the third quarter worth $329,000. Finally, MetLife Investment Advisors LLC acquired a new stake in Green Plains in the fourth quarter worth $303,000.
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Green Plains Company Profile
Green Plains Inc is an ethanol producer. The Company owns and operates assets throughout the ethanol value chain, including upstream, with grain handling and storage through its ethanol production facilities, and downstream, with marketing and distribution services. It operates through four segments: Ethanol Production, Agribusiness and Energy Services, Food and Food Ingredients, and Partnership.
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