Green Plains Inc. (NASDAQ:GPRE) is trading up 114.78% versus 12-month low of 12.39 and stands -10.89% lower from its 1-year peak of $29.85. The consensus price target (PT) of $29.14 means that the market expects Company shares to increase by 10.0% in the short run. The sell-side target prices range from $20 to $33. In the last month the stock has moved in price -2.74%, with a one year change of 51.22%. The last trading session volume compares with the 802.75K average and market worth floats around 1.01B.
Green Plains Inc. (NASDAQ:GPRE) gained 0.38% to reach at the trading price of $26.60 as it is set to release its next quarterly earnings report on February 08, 2017. Green Plains Inc. stock trades in the range of $26.15 to $26.98 before the earnings release. Let’s take a closer look at the current earnings forecast, particularly the things traders should pay close attention to. Earnings per share for the recently concluded quarter is expected to come in at $0.39 a share with $1.02B in revenue.
Green Plains Inc. (GPRE) Future Earnings & History
After upcoming fiscal quarter results, all eyes will be on the prospects for the next reporting quarter. Analysts, on average, forecast Green Plains Inc. to earn $0.22 per share (EPS) on revenue of $1.04B. The EPS consensus range is $-0.11-$0.37 on revenue between $1.22B and $838.97M.
While if we look at the Earnings Track Record, Green Plains Inc. (GPRE) managed to surpass quarterly earnings per share estimates in 5 of the trailing twelve fiscal quarters, and has a positive trend with an average surprise of 41%. Last time the company reported, Green Plains Inc. (GPRE) generated $0.20 in earnings per share, missing the consensus estimate of $0.23. Revenues hit $841.85M in the September 2017 quarter, which was below the consensus $852.37M projection. On the other hand, in the June 2017 quarter the company recorded a net $887.73M revenue with earnings per share of $0.21. Wall Street had anticipated $796.9M and $-0.08, respectively. For comparison, there was a revenue of $749.2M and EPS of $-0.63 in the March 2016 period.
Green Plains Inc. (NASDAQ:GPRE) Analyst Insights
The buoyancy in the outlook of Green Plains Inc. (GPRE) is getting stronger by the somewhat negative sentiment (2.00 on a 5-point scale) that sell-side analysts have provided concerning it. Brokerage firms on the average advocate the company shares as In-line. Goldman has been covering shares of GPRE, so it is most recent view is worth a look. In a research note issued on Aug 13, 2015, analysts at Goldman lifted the stock to Buy from Neutral. Another noteworthy analyst activity was recorded on Aug 01, 2013. Feltl& Co. Analysts lifted the stock to Buy from Hold.