During the last session, Aemetis Inc. (NASDAQ:AMTX)’s traded shares were 1.06 million, with the beta value of the company hitting -0.37. At the end of the trading day, the stock’s price was $11.44, reflecting an intraday loss of -11.73% or -$1.52. The 52-week high for the AMTX share is $27.44, that puts it down -139.86 from that peak though still a striking 75.35% gain since the share price plummeted to a 52-week low of $2.82. The company’s market capitalization is $384.84M, and the average intraday trading volume over the past 10 days was 0.63 million shares, and the average trade volume was 876.57K shares over the past three months.
Aemetis Inc. (AMTX) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.80. AMTX has a Sell rating from 0 analyst(s) out of 7 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 6 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -$0.27.
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Aemetis Inc. (AMTX) registered a -11.73% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -11.73% in intraday trading to $11.44 this Wednesday, 01/05/22, hitting a weekly high. The stock’s 5-day price performance is -5.14%, and it has moved by -24.93% in 30 days. Based on these gigs, the overall price performance for the year is 286.49%. The short interest in Aemetis Inc. (NASDAQ:AMTX) is 3.58 million shares and it means that shorts have 5.07 day(s) to cover.
The consensus price target of analysts on Wall Street is $29.86, which implies an increase of 61.69% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $20.00 and $35.00 respectively. As a result, AMTX is trading at a discount of -205.94% off the target high and -74.83% off the low.
Aemetis Inc. (AMTX) estimates and forecasts
Statistics show that Aemetis Inc. has underperformed its competitors in share price, compared to the industry in which it operates. Aemetis Inc. (AMTX) shares have gone up 12.82% during the last six months, with a year-to-date growth rate less than the industry average at -14.94% against 16.90. Yet analysts are ramping up their growth forecast for the fiscal year 2022. Revenue is predicted to grow 59.70% this quarter and then jump 49.30% in the quarter after that. In the rating firms’ projections, revenue will increase 24.30% compared to the previous financial year.
Revenue for the current quarter is expected to be $57.4 million as predicted by 5 analyst(s). Meanwhile, a consensus of 4 analyst(s) estimates revenue growth to $52.06 million by the end of Mar 2022. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $37.33 million and $49.04 million respectively. In this case, analysts expect current quarter sales to grow by 53.80% and then jump by 6.20% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -5.00%. While earnings are projected to return 0.00% in 2022.
Aemetis Inc. is due to release its next quarterly earnings on November 11. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Aemetis Inc. (NASDAQ:AMTX)’s Major holders
Aemetis Inc. insiders own 6.65% of total outstanding shares while institutional holders control 66.96%, with the float percentage being 71.73%. Encompass Capital Advisors, LLC is the largest shareholder of the company, while 123 institutions own stock in it. As of Sep 29, 2021, the company held over 2.06 million shares (or 6.21% of all shares), a total value of $37.74 million in shares.
The next largest institutional holding, with 1.92 million shares, is of Grantham Mayo Van Otterloo & Company’s that is approximately 5.77% of outstanding shares. At the market price on Sep 29, 2021, these shares were valued at $35.07 million.
Also, the Mutual Funds coming in first place with the largest holdings of Aemetis Inc. (AMTX) shares are GMO Resources Fund and Vanguard Total Stock Market Index Fund. Data provided on Aug 30, 2021 indicates that GMO Resources Fund owns about 1.02 million shares. This amounts to just over 3.06 percent of the company’s overall shares, with a $11.32 million market value. The same data shows that the other fund manager holds slightly less at 0.75 million, or about 2.27% of the stock, which is worth about $13.79 million.