Green Plains Inc (NASDAQ: GPRE) has reported E.P.S. of $-0.38 for its second fiscal quarter (ending June 30) versus $-0.89 for the same period a year ago. This performance was $-0.17 short of the consensus estimate of $-0.21. For the latest four quarters through June 30, E.P.S. were $-0.69 compared to $-4.02 a year ago.
Recent Price Action
Green Plains Inc (NASDAQ: GPRE) stock closed at $14.13 on 8/6/24 after a major decline of -12.7%. Moreover, exceptionally high trading volume at 316% of normal accompanied the decline. The stock has declined -19.5% during the last week and has been extremely weak relative to the market over the last nine months.
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 inconsistent signals. Green Plains has a neutral Appreciation Score of 41 but a very low Power Rating of 1, leading to the Lowest Value Trend Rating.
Rating Review
In light of this new information and highly negative price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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