Green Plains Inc (NASDAQ: GPRE) has reported E.P.S. of $-0.81 for its first fiscal quarter (ending March 31) versus $-1.20 for the same period a year ago. Relative to the consensus estimate of $0.41, this was a shortfall of $-1.22. For the latest four quarters through March 31, E.P.S. were $-1.20 compared to $-2.26 a year ago.
Recent Price Action
Green Plains Inc (NASDAQ: GPRE) stock declined by -2.7% on 5/3/24. The shares closed at $20.17. Moreover, this decline was accompanied by unusually high trading volume at 169% of normal. The stock has been extremely weak relative to the market over the last nine months and has declined -4.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, GPRE is expected to continue to be an important Value Builder.
Green Plains has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Green Plains has a slightly negative Appreciation Score of 38 and a very low Power Rating of 2, resulting in the Lowest Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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