NASDAQ:ALTO

Alto Ingredients (ALTO) Stock Price, News & Analysis

$1.88
+0.02 (+1.08%)
(As of 05/2/2024 ET)
Today's Range
$1.81
$1.91
50-Day Range
$1.86
$2.29
52-Week Range
$1.27
$4.98
Volume
882,623 shs
Average Volume
636,801 shs
Market Capitalization
$142.32 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.50

Alto Ingredients MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
192.6% Upside
$5.50 Price Target
Short Interest
Healthy
1.47% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.40mentions of Alto Ingredients in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.26) to $0.17 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.14 out of 5 stars

Consumer Discretionary Sector

139th out of 266 stocks

Industrial Organic Chemicals Industry

9th out of 19 stocks

ALTO stock logo

About Alto Ingredients Stock (NASDAQ:ALTO)

Alto Ingredients, Inc. produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Campus Production, and Western Production. It offers specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and cleaners for health, home, and beauty markets; grain neutral spirits used in alcoholic beverages and vinegar, as well as corn germ used in corn oils in the food and beverage markets; alcohols and other products for paint applications and fertilizers in the industrial and agriculture markets; and essential ingredients include dried yeast, corn protein meal, corn protein feed, distiller's grains, and liquid feed for commercial animal feed and pet food applications, as well as yeast for human consumption. The company also provides fuel-grade ethanol used as transportation fuel and distillers corn oil used as a biodiesel feedstock, as well as fuel-grade ethanol produced by third parties. In addition, it offers transportation, storage, and delivery services through third-party service providers. The company sells ethanol to integrated oil companies and gasoline marketers; essential ingredient feed products to dairies and feedlots; and corn oil to poultry, renewable diesel, and biodiesel customers. It operates alcohol production facilities. The company was formerly known as Pacific Ethanol, Inc. and changed its name to Alto Ingredients, Inc. in January 2021. Alto Ingredients, Inc. was founded in 2003 and is headquartered in Pekin, Illinois.

ALTO Stock Price History

ALTO Stock News Headlines

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See More Headlines
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Company Calendar

Last Earnings
3/11/2024
Today
5/02/2024
Next Earnings (Confirmed)
5/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
N/A
Current Symbol
NASDAQ:ALTO
Employees
460
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$5.50
High Stock Price Target
$5.50
Low Stock Price Target
$5.50
Potential Upside/Downside
+192.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-28,000,000.00
Pretax Margin
-2.28%

Debt

Sales & Book Value

Annual Sales
$1.22 billion
Cash Flow
$0.05 per share
Book Value
$3.69 per share

Miscellaneous

Free Float
72,487,000
Market Cap
$142.32 million
Optionable
Optionable
Beta
1.92
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ALTO Stock Analysis - Frequently Asked Questions

Should I buy or sell Alto Ingredients stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Alto Ingredients in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" ALTO shares.
View ALTO analyst ratings
or view top-rated stocks.

What is Alto Ingredients' stock price target for 2024?

1 analysts have issued 1-year price objectives for Alto Ingredients' shares. Their ALTO share price targets range from $5.50 to $5.50. On average, they anticipate the company's stock price to reach $5.50 in the next year. This suggests a possible upside of 192.6% from the stock's current price.
View analysts price targets for ALTO
or view top-rated stocks among Wall Street analysts.

How have ALTO shares performed in 2024?

Alto Ingredients' stock was trading at $2.66 at the beginning of 2024. Since then, ALTO stock has decreased by 29.3% and is now trading at $1.88.
View the best growth stocks for 2024 here
.

Are investors shorting Alto Ingredients?

Alto Ingredients saw a decline in short interest in the month of April. As of April 15th, there was short interest totaling 1,040,000 shares, a decline of 20.6% from the March 31st total of 1,310,000 shares. Based on an average daily volume of 580,200 shares, the short-interest ratio is currently 1.8 days. Currently, 1.5% of the company's stock are sold short.
View Alto Ingredients' Short Interest
.

When is Alto Ingredients' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, May 6th 2024.
View our ALTO earnings forecast
.

How can I listen to Alto Ingredients' earnings call?

Alto Ingredients will be holding an earnings conference call on Monday, May 6th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "8726641".

How were Alto Ingredients' earnings last quarter?

Alto Ingredients, Inc. (NASDAQ:ALTO) posted its quarterly earnings data on Monday, March, 11th. The company reported ($0.18) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by $0.14. The company had revenue of $273.63 million for the quarter, compared to analyst estimates of $301.92 million. Alto Ingredients had a negative trailing twelve-month return on equity of 7.32% and a negative net margin of 2.29%.

Who are Alto Ingredients' major shareholders?

Alto Ingredients' stock is owned by many different retail and institutional investors. Top institutional shareholders include Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%). Insiders that own company stock include Auste M Graham, Bryon T Mcgregor, Christopher W Wright, Gilbert E Nathan, Maria G Gray and Michael D Kandris.
View institutional ownership trends
.

How do I buy shares of Alto Ingredients?

Shares of ALTO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:ALTO) was last updated on 5/3/2024 by MarketBeat.com Staff

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