News headlines about Green Plains (NASDAQ:GPRE) have been trending somewhat positive on Friday, Accern Sentiment reports. The research group rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Green Plains earned a media sentiment score of 0.07 on Accern’s scale. Accern also gave news articles about the specialty chemicals company an impact score of 66 out of 100, indicating that recent media coverage is likely to have an effect on the company’s share price in the near term.
Here are some of the media stories that may have impacted Accern’s rankings:
- Green Plains (NASDAQ:GPRE) and REX American Resources Corporation (REX) Critical Contrast (americanbankingnews.com)
- Green Plains (GPRE) Presents At Jefferies 13th Annual Industrials Conference – Slideshow (seekingalpha.com)
- Green Plains, Inc. (NASDAQ:GPRE) Analysts Digging into the Details – Evergreen Caller (evergreencaller.com)
- Chartists Taking Aim at Green Plains Inc (GPRE) Shares – Evergreen Caller (evergreencaller.com)
- Green Plains, Inc. (NASDAQ:GPRE) Stake Reduced by Bessemer Group Inc (elcumanes.com)
GPRE has been the topic of several research reports. Zacks Investment Research raised Green Plains from a “strong sell” rating to a “hold” rating in a research report on Monday, July 10th. BidaskClub downgraded Green Plains from a “hold” rating to a “sell” rating in a research note on Wednesday, July 12th. Jefferies Group LLC reiterated a “buy” rating and set a $32.00 price target on shares of Green Plains in a research note on Tuesday, May 2nd. BMO Capital Markets reiterated an “outperform” rating and set a $30.00 price target on shares of Green Plains in a research note on Wednesday, April 26th. Finally, Piper Jaffray Companies reiterated a “neutral” rating on shares of Green Plains in a research note on Wednesday, July 26th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the stock. Green Plains has a consensus rating of “Hold” and an average target price of $27.29.
Shares of Green Plains (GPRE) traded down 0.52% during mid-day trading on Friday, hitting $18.95. The company’s stock had a trading volume of 575,079 shares. The company has a 50-day moving average of $19.50 and a 200 day moving average of $22.32. The company has a market cap of $786.12 million, a price-to-earnings ratio of 110.82 and a beta of 1.42. Green Plains has a 1-year low of $17.70 and a 1-year high of $29.85.
Green Plains (NASDAQ:GPRE) last announced its quarterly earnings results on Monday, July 31st. The specialty chemicals company reported ($0.41) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.12) by $0.29. Green Plains had a net margin of 0.19% and a return on equity of 0.68%. The firm had revenue of $886.30 million during the quarter, compared to the consensus estimate of $986.88 million. During the same period in the previous year, the business earned $0.21 earnings per share. The firm’s revenue for the quarter was down .2% on a year-over-year basis. On average, analysts expect that Green Plains will post ($0.21) EPS for the current year.
In related news, EVP Michelle Mapes sold 2,301 shares of Green Plains stock in a transaction on Monday, May 15th. The shares were sold at an average price of $24.81, for a total value of $57,087.81. Following the transaction, the executive vice president now owns 53,596 shares in the company, valued at approximately $1,329,716.76. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Alain Treuer sold 25,900 shares of Green Plains stock in a transaction on Wednesday, June 21st. The stock was sold at an average price of $19.51, for a total transaction of $505,309.00. Following the completion of the transaction, the director now owns 336,008 shares in the company, valued at approximately $6,555,516.08. The disclosure for this sale can be found here. Over the last three months, insiders sold 87,903 shares of company stock valued at $1,932,599. Insiders own 6.40% of the company’s stock.
About Green Plains
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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