EPS for Pacific Ethanol Inc (PEIX) Expected At $-0.05

October 13, 2017 - By Maria Brooks

 EPS for Pacific Ethanol Inc (PEIX) Expected At $ 0.05
Investors sentiment increased to 2.16 in Q2 2017. Its up 0.81, from 1.35 in 2017Q1. It improved, as 13 investors sold Pacific Ethanol Inc shares while 24 reduced holdings. 29 funds opened positions while 51 raised stakes. 32.30 million shares or 26.80% more from 25.47 million shares in 2017Q1 were reported.
13,923 were accumulated by Denver Invest Advsr Limited Liability Company. 171,644 are held by Menta Cap Llc. Putnam Invests Ltd Liability Company holds 0% or 179,000 shares. Comml Bank Of America De reported 0% of its portfolio in Pacific Ethanol Inc (NASDAQ:PEIX). Jane Street Group Ltd Liability holds 0% or 171,023 shares in its portfolio. First Quadrant Lp Ca reported 3,173 shares. Envestnet Asset stated it has 0% of its portfolio in Pacific Ethanol Inc (NASDAQ:PEIX). Principal Gru owns 15,956 shares or 0% of their US portfolio. Gilder Gagnon Howe And Ltd Liability Corp reported 2,215 shares stake. Wells Fargo Mn owns 65,886 shares or 0% of their US portfolio. Savings Bank Of Montreal Can has invested 0% in Pacific Ethanol Inc (NASDAQ:PEIX). 15,800 were reported by Fuller Thaler Asset Mgmt. Rhumbline Advisers accumulated 47,184 shares or 0% of the stock. 87,171 are held by Bowling Mgmt Ltd Llc. State Common Retirement Fund holds 0% of its portfolio in Pacific Ethanol Inc (NASDAQ:PEIX) for 49,726 shares.

Wall Street await Pacific Ethanol Inc (NASDAQ:PEIX) to release earnings on November, 1. Analysts forecast earnings per share of $-0.05, up exactly $0.04 or 44.44 % from 2014’s $-0.09 EPS. After posting $-0.22 EPS for the previous quarter, Pacific Ethanol Inc’s analysts now forecast -77.27 % EPS growth. The stock decreased 0.96% or $0.05 on October 13, reaching $5.15. About 258,672 shares traded. Pacific Ethanol Inc (NASDAQ:PEIX) has risen 39.62% since October 13, 2016 and is uptrending. It has outperformed by 22.92% the S&P500.

Pacific Ethanol Inc (NASDAQ:PEIX) Ratings Coverage

Among 5 analysts covering Pacific Ethanol (NASDAQ:PEIX), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pacific Ethanol had 10 analyst reports since October 8, 2015 according to SRatingsIntel. As per Wednesday, June 28, the company rating was maintained by H.C. Wainwright. On Monday, March 14 the stock rating was maintained by Roth Capital with “Buy”. Rodman & Reshaw initiated Pacific Ethanol Inc (NASDAQ:PEIX) on Tuesday, May 24 with “Buy” rating. Roth Capital maintained the stock with “Buy” rating in Friday, July 28 report. Cowen & Co maintained the stock with “Buy” rating in Friday, July 28 report. On Friday, August 4 the stock rating was maintained by H.C. Wainwright with “Buy”. The stock of Pacific Ethanol Inc (NASDAQ:PEIX) has “Buy” rating given on Thursday, September 28 by Roth Capital.

Pacific Ethanol, Inc. is a producer and marketer of low-carbon renewable fuels in the United States. The company has market cap of $226.45 million. The Company’s divisions include a production segment and a marketing segment. It currently has negative earnings. As of December 31, 2016, the Company owned and operated eight ethanol production facilities, of which four plants are in the Western states of California, Oregon and Idaho, and four of its plants are located in the Midwestern states of Illinois and Nebraska.

More important recent Pacific Ethanol Inc (NASDAQ:PEIX) news were published by: Prnewswire.com which released: “How These Oil & Gas Stocks are Performing? — Pacific Ethanol, NGL Energy …” on October 05, 2017, also Globenewswire.com published article titled: “Pacific Ethanol to Acquire Illinois Corn Processing”, Globenewswire.com published: “Pacific Ethanol Refinances $47.5 Million in Secured Promissory Notes” on September 18, 2017. More interesting news about Pacific Ethanol Inc (NASDAQ:PEIX) was released by: Seekingalpha.com and their article: “Pacific Ethanol – A Good Value Under $5” with publication date: August 16, 2017.

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