Vertex Energy Inc. (NASDAQ: VTNR) is 24.89% higher on its value in year-to-date trading and has touched a low of $0.40 and a high of $1.95 in the current 52-week trading range. The VTNR stock was last observed hovering at around $0.89 in the last trading session, with the day’s gains setting it 0.28% off its average median price target of $2.00 for the next 12 months. It is also 70.75% off the consensus price target high of $4.00 offered by 3 analysts, but current levels are 22.0% higher than the price target low of $1.50 for the same period.
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Currently trading at $1.17, the stock is 59.13% and 80.32% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.51 million and changing 32.02% at the moment leaves the stock 95.10% off its SMA200. VTNR registered -47.40% loss for a year compared to 6-month gain of 58.75%. The firm has a 50-day simple moving average (SMA 50) of $0.7349 and a 200-day simple moving average (SMA200) of $0.5864.
The stock witnessed a 23.47% loss in the last 1 month and extending the period to 3 months gives it a 53.28%, and is 5.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 9.34% over the week and 9.96% over the month.
Vertex Energy Inc. (VTNR) has around 255 employees, a market worth around $43.47M and $137.50M in sales. Profit margin for the company is -18.40%. Distance from 52-week low is 193.05% and -39.81% from its 52-week high. The company has generated returns on investments over the last 12 months (-6.80%).
Vertex Energy Inc. (VTNR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Vertex Energy Inc. (VTNR) is a “Buy”. 3 analysts offering their recommendations for the stock have an average rating of 1.70, where 0 rate it as a Hold and 0 think it is a “Overweight”. 3 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Vertex Energy Inc. is expected to release its quarterly report on 05/12/2021 and quarterly earnings per share for the current quarter are estimated at -$0.08 with sales reaching $41.25M over the same period.The EPS is expected to shrink by -23.00% this year, but quarterly earnings will post -16.60% year-over-year. Quarterly sales are estimated to shrink -3.10% in year-over-year returns.
Vertex Energy Inc. (VTNR) Top Institutional Holders
26 institutions hold shares in Vertex Energy Inc. (VTNR), with 13.86M shares held by insiders accounting for 30.43% while institutional investors hold 19.07% of the company’s shares. The shares outstanding are 45.56M, and float is at 31.69M with Short Float at 2.17%. Institutions hold 13.27% of the Float.
The top institutional shareholder in the company is Tensile Capital Management LLC with over 1.5 million shares valued at $0.75 million. The investor’s holdings represent 3.29% of the VTNR Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 1.5 million shares valued at $0.75 million to account for 3.29% of the shares outstanding. The other top investors are Manatuck Hill Partners, LLC which holds 1.28 million shares representing 2.81% and valued at over $0.64 million, while Trellus Management Company, LLC holds 1.77% of the shares totaling 0.8 million with a market value of $0.4 million.
Vertex Energy Inc. (VTNR) Insider Activity
A total of 0 insider transactions have happened at Vertex Energy Inc. (VTNR) in the last six months, with sales accounting for 0 and purchases happening 0 times.
Vertex Energy Inc. (VTNR): Who are the competitors?
The company’s main competitors (and peers) include Heritage-Crystal Clean Inc (HCCI) that is trading -24.34% down over the past 12 months. Perma-Fix Environmental Services Inc. (PESI) is -22.96% down on the 1-year trading charts. Short interest in the company’s stock has fallen -17.31% from the last report on Nov 29, 2020 to stand at a total of 0.79 million short shares sold with a short interest ratio of 1.47.