Alto Ingredients, Inc. (ALTO)

Market Cap	113.44M
Revenue (ttm)	1.00B
Net Income (ttm)	-37.49M
Shares Out	76.65M
EPS (ttm)	-0.51
PE Ratio	n/a
Forward PE	n/a
Dividend	n/a
Ex-Dividend Date	n/a

Volume	1,584,485
Open	1.520
Previous Close	1.530
Day's Range	1.460 - 1.570
52-Week Range	1.180 - 2.880
Beta	1.89
Analysts	Strong Buy
Price Target	5.00 (+237.84%)
Earnings Date	Nov 6, 2024

About ALTO

Alto Ingredients, Inc. produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States. The company operates in three segments: Marketing and Distribution, Pekin Campus Production, and Western Production. It offers specialty alcohols used in mouthwash, cosmetics, pharmaceuticals, hand sanitizers, disinfectants, and cleaners for health, home, and beauty markets; grain neutral spirits used in alcoholic beverages and vinegar, as well as corn germ used in corn oils in the food and beverage marke...

• Industry: Specialty Chemicals
• Sector: Materials
• Founded: 2003
• Employees: 460
• Stock Exchange: NASDAQ
• Ticker Symbol: ALTO
• Website: https://www.altoingredients.com

Financial Performance

In 2023, Alto Ingredients's revenue was $1.22 billion, a decrease of -8.44% compared to the previous year's $1.34 billion. Losses were -$29.27 million, -31.71% less than in 2022.

Analyst Forecast

According to 3 analysts, the average rating for ALTO stock is "Strong Buy." The 12-month stock price forecast is $5.0, which is an increase of 237.84% from the latest price.

Price Target

$5.0

(237.84% upside)

Analyst Consensus: Strong Buy