Green Plains (NASDAQ:GPRE – Get Rating) announced its quarterly earnings data on Monday. The specialty chemicals company reported ($1.16) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($1.09), MarketWatch Earnings reports. Green Plains had a negative return on equity of 10.32% and a negative net margin of 3.96%. The firm had revenue of $781.40 million during the quarter, compared to analysts’ expectations of $728.25 million. During the same period last year, the business posted ($0.48) EPS. The company’s revenue was up 41.1% compared to the same quarter last year.
Shares of GPRE traded down $0.73 during trading hours on Thursday, reaching $30.38. 21,859 shares of the company’s stock traded hands, compared to its average volume of 1,268,139. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.80 and a current ratio of 2.00. The firm’s 50 day simple moving average is $30.51 and its 200-day simple moving average is $33.53. Green Plains has a 12 month low of $25.39 and a 12 month high of $44.27.
Institutional investors and hedge funds have recently modified their holdings of the company. Morgan Stanley boosted its position in shares of Green Plains by 18.3% during the 2nd quarter. Morgan Stanley now owns 550,085 shares of the specialty chemicals company’s stock valued at $18,494,000 after acquiring an additional 85,168 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Green Plains by 134.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 418,539 shares of the specialty chemicals company’s stock valued at $14,548,000 after acquiring an additional 239,978 shares during the last quarter. Parametric Portfolio Associates LLC lifted its position in Green Plains by 5.5% in the 4th quarter. Parametric Portfolio Associates LLC now owns 212,491 shares of the specialty chemicals company’s stock worth $7,386,000 after buying an additional 11,090 shares during the last quarter. Legal & General Group Plc lifted its position in Green Plains by 4.0% in the 4th quarter. Legal & General Group Plc now owns 131,976 shares of the specialty chemicals company’s stock worth $4,588,000 after buying an additional 5,125 shares during the last quarter. Finally, Alliancebernstein L.P. boosted its stake in Green Plains by 13.1% in the fourth quarter. Alliancebernstein L.P. now owns 86,830 shares of the specialty chemicals company’s stock worth $3,018,000 after buying an additional 10,037 shares in the last quarter.
Green Plains Company Profile (Get Rating)
Green Plains Inc produces, markets, and distributes ethanol in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces and sells ethanol, including industrial-grade alcohol, distiller grains, and ultra-high protein and corn oil.
- Get a free copy of the StockNews.com research report on Green Plains (GPRE)
- Peak Growth Is Over For Etsy
- Kellogg Company Flexes Pricing Power, Shares Move Higher
- Uber Fails To Impress
- World Wresting Entertainment Stock is Hulking Up
- High-Yield Weyco Group Returns To Reasonable Levels
Receive News & Ratings for Green Plains Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Green Plains and related companies with MarketBeat.com's FREE daily email newsletter.