Green Plains (NASDAQ:GPRE) Announces Earnings Results

Green Plains (NASDAQ:GPRE) posted its quarterly earnings results on Friday. The specialty chemicals company reported ($0.86) earnings per share for the quarter, missing the consensus estimate of ($0.22) by ($0.64), Zacks reports. Green Plains had a negative return on equity of 4.81% and a negative net margin of 0.79%. During the same period last year, the business posted $0.13 EPS.

Green Plains Stock Performance

Shares of GPRE stock opened at $6.60 on Friday. Green Plains has a 52 week low of $6.23 and a 52 week high of $25.22. The company has a 50-day simple moving average of $9.75 and a 200 day simple moving average of $11.98. The company has a quick ratio of 1.16, a current ratio of 1.78 and a debt-to-equity ratio of 0.46.

Analyst Ratings Changes

A number of brokerages recently weighed in on GPRE. StockNews.com upgraded shares of Green Plains from a “sell” rating to a “hold” rating in a report on Friday, December 6th. Stephens upgraded shares of Green Plains to a “hold” rating in a research note on Monday, December 2nd. Finally, Truist Financial cut their target price on shares of Green Plains from $25.00 to $18.00 and set a “buy” rating for the company in a research note on Wednesday, October 16th. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $24.44.

Green Plains Company Profile

Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.