Green Plains Inc. (NASDAQ:GPRE) Given Consensus Rating of “Moderate Buy” by Analysts

Green Plains Inc. (NASDAQ:GPRE) has received a consensus rating of “Moderate Buy” from the nine ratings firms that are covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 1-year price target among brokerages that have covered the stock in the last year is $25.50.

Several equities research analysts recently weighed in on the company. Stephens upgraded Green Plains to a “hold” rating in a research report on Monday, December 2nd. Truist Financial dropped their target price on shares of Green Plains from $25.00 to $18.00 and set a “buy” rating on the stock in a report on Wednesday, October 16th. Finally, StockNews.com upgraded shares of Green Plains from a “sell” rating to a “hold” rating in a research note on Friday, December 6th.

Institutional Investors Weigh In On Green Plains

Institutional investors have recently made changes to their positions in the company. Inspire Investing LLC lifted its position in Green Plains by 39.8% in the 4th quarter. Inspire Investing LLC now owns 46,241 shares of the specialty chemicals company’s stock valued at $438,000 after acquiring an additional 13,154 shares in the last quarter. SG Americas Securities LLC raised its stake in shares of Green Plains by 4.1% in the fourth quarter. SG Americas Securities LLC now owns 37,479 shares of the specialty chemicals company’s stock worth $355,000 after purchasing an additional 1,488 shares during the last quarter. Assenagon Asset Management S.A. lifted its holdings in shares of Green Plains by 1,122.1% during the fourth quarter. Assenagon Asset Management S.A. now owns 704,125 shares of the specialty chemicals company’s stock valued at $6,675,000 after purchasing an additional 646,507 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Green Plains by 1,207.7% during the fourth quarter. GAMMA Investing LLC now owns 14,032 shares of the specialty chemicals company’s stock valued at $133,000 after buying an additional 12,959 shares during the last quarter. Finally, Barclays PLC increased its holdings in Green Plains by 71.5% in the 3rd quarter. Barclays PLC now owns 142,851 shares of the specialty chemicals company’s stock worth $1,935,000 after buying an additional 59,564 shares in the last quarter.

Green Plains Stock Performance

Green Plains stock opened at $10.26 on Tuesday. Green Plains has a fifty-two week low of $8.81 and a fifty-two week high of $25.24. The stock’s 50 day simple moving average is $10.24 and its two-hundred day simple moving average is $12.56. The company has a debt-to-equity ratio of 0.46, a quick ratio of 1.16 and a current ratio of 1.78. The stock has a market cap of $663.31 million, a price-to-earnings ratio of -27.00, a PEG ratio of 0.73 and a beta of 1.46.

About Green Plains

Green Plains Inc produces low-carbon fuels in the United States and internationally. It operates through three segments: Ethanol Production, Agribusiness and Energy Services, and Partnership. The Ethanol Production segment produces ethanol, distillers grains, and ultra-high protein and renewable corn oil.