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Gevo, Inc. (GEVO) Gains But Lags Market: What You Should Know

Gevo, Inc. (GEVO) closed the most recent trading day at $2.26, moving +0.44% from the previous trading session. This change lagged the S&P 500's 1.36% gain on the day. Meanwhile, the Dow gained 1.26%, and the Nasdaq, a tech-heavy index, lost 0.06%.

Coming into today, shares of the company had lost 9.64% in the past month. In that same time, the Oils-Energy sector gained 12.75%, while the S&P 500 gained 1.2%.

Investors will be hoping for strength from Gevo, Inc. as it approaches its next earnings release, which is expected to be November 8, 2022. In that report, analysts expect Gevo, Inc. to post earnings of -$0.06 per share. This would mark year-over-year growth of 14.29%. Meanwhile, our latest consensus estimate is calling for revenue of $1.29 million, up 818.57% from the prior-year quarter.

Looking at the full year, our Zacks Consensus Estimates suggest analysts are expecting earnings of -$0.25 per share and revenue of $3.45 million. These totals would mark changes of +16.67% and +384.67%, respectively, from last year.

Any recent changes to analyst estimates for Gevo, Inc. should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 15.56% higher. Gevo, Inc. currently has a Zacks Rank of #1 (Strong Buy).

The Alternative Energy - Other industry is part of the Oils-Energy sector. This industry currently has a Zacks Industry Rank of 79, which puts it in the top 32% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow GEVO in the coming trading sessions, be sure to utilize Zacks.com.


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