Alto Ingredients, Inc. (ALTO)

Market Cap	144.58M
Revenue (ttm)	1.22B
Net Income (ttm)	-29.27M
Shares Out	75.70M
EPS (ttm)	-0.40
PE Ratio	n/a
Forward PE	14.66
Dividend	n/a
Ex-Dividend Date	n/a

Volume	190,805
Open	1.900
Previous Close	1.900
Day's Range	1.900 - 1.950
52-Week Range	1.200 - 4.970
Beta	1.89
Analysts	Strong Buy
Price Target	5.00 (+161.78%)
Earnings Date	May 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

Financial Performance

In 2023, ALTO'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 161.78% from the latest price.

Price Target

$5.0

(161.78% upside)

Analyst Consensus: Strong Buy