Zacks Research has listed Pacific Ethanol, Inc. (NASDAQ:PEIX) in the group of firms, with a positive Growth Style Score. This analysis is reached after analyzing the firm’s growth potential and financials of the company.
For the reason, the research firm takes into consideration the various financials like Cash Flow as well as Income Statement. Subsequently, a ranking in a range of ‘A-F’ is assigned to company’s stock. The ‘A’ rating is given to stocks that are stated to have increased growth potential compared to the market growth projections. Pacific Ethanol, Inc. (NASDAQ:PEIX) has long-term growth projection of 20 following promising financial report.
The market mean growth inferences are made after analyzing expected revenue and earnings of the firm over the next 3-5 years. The brokerages are anticipating Pacific Ethanol, Inc. (NASDAQ:PEIX) stock to register a price target of $10.333. Zacks has compiled recommendations of 3 brokerage firms and assigned the bullish price target of $12. The conservative price estimate stands at $9.
Each brokerage company applies a different rating method to assign a stock rating. Zacks compile these stock ratings and then assign a rating on 1-5 scale. As per this system, five translates into Strong Sell, and one for Strong Buy. Pacific Ethanol, Inc. has managed to get rating of 1. This rating can witness a change after it post earnings on 2016-03-02. For the latest three-month period closed on 2016–1-2-31, it posted earnings $-0.18 while this quarter, the firm is expected to record EPS of $-0.09.