Somewhat Favorable Media Coverage Somewhat Unlikely to Affect Green Plains (GPRE) Stock Price
News stories about Green Plains (NASDAQ:GPRE) have trended somewhat positive this week, Accern Sentiment Analysis reports. The research group identifies negative and positive news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Green Plains earned a daily sentiment score of 0.12 on Accern’s scale. Accern also assigned media coverage about the specialty chemicals company an impact score of 45.4549933850119 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
GPRE has been the topic of a number of research reports. BidaskClub raised Green Plains from a “strong sell” rating to a “sell” rating in a research note on Thursday, January 11th. Zacks Investment Research downgraded Green Plains from a “hold” rating to a “strong sell” rating in a research note on Thursday, October 26th. Piper Jaffray Companies upgraded Green Plains from a “neutral” rating to an “overweight” rating in a report on Friday, November 3rd. BMO Capital Markets restated an “outperform” rating and issued a $25.00 target price (down from $30.00) on shares of Green Plains in a report on Monday, November 6th. Finally, Roth Capital set a $25.00 target price on Green Plains and gave the stock a “buy” rating in a report on Tuesday, October 24th. Two analysts have rated the stock with a sell rating, one has assigned a hold rating and six have issued a buy rating to the company. The company has an average rating of “Hold” and an average price target of $25.33.
Green Plains (NASDAQ:GPRE) opened at $17.25 on Monday. The company has a quick ratio of 0.70, a current ratio of 1.57 and a debt-to-equity ratio of 0.82. The stock has a market capitalization of $710.05, a price-to-earnings ratio of 24.30, a P/E/G ratio of 2.92 and a beta of 1.52. Green Plains has a 1-year low of $15.60 and a 1-year high of $26.05.
In other news, EVP Walter S. Cronin sold 6,737 shares of Green Plains stock in a transaction on Friday, December 22nd. The stock was sold at an average price of $16.80, for a total transaction of $113,181.60. Following the transaction, the executive vice president now owns 50,200 shares in the company, valued at $843,360. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Wayne Hoovestol purchased 102,653 shares of the stock in a transaction dated Friday, November 17th. The shares were acquired at an average price of $16.37 per share, for a total transaction of $1,680,429.61. Following the acquisition, the director now directly owns 218,277 shares of the company’s stock, valued at approximately $3,573,194.49. The disclosure for this purchase can be found here. Insiders purchased a total of 157,136 shares of company stock worth $2,590,578 over the last 90 days. Insiders own 6.40% of the company’s stock.
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Green Plains Company Profile
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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