Alto Ingredients, Inc. (ALTO)

NASDAQ: ALTO · IEX Real-Time Price · USD
1.610
+0.020 (1.26%)
Jul 19, 2024, 10:26 AM EDT - Market open
1.26%
Market Cap 123.37M
Revenue (ttm) 1.15B
Net Income (ttm) -27.93M
Shares Out 76.63M
EPS (ttm) -0.38
PE Ratio n/a
Forward PE 14.66
Dividend n/a
Ex-Dividend Date n/a
Volume 40,361
Open 1.616
Previous Close 1.590
Day's Range 1.610 - 1.620
52-Week Range 1.280 - 4.975
Beta 1.96
Analysts Strong Buy
Price Target 5.00 (+210.56%)
Earnings Date Aug 5, 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... [Read more]

Sector Materials
Founded 2003
Employees 460
Stock Exchange NASDAQ
Ticker Symbol ALTO
Full Company Profile

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.

Financial Statements

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 210.56% from the latest price.

Price Target
$5.0
(210.56% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Alto Ingredients, Inc. Reports First Quarter 2024 Results

– Improved Q1 2024 Gross Profit by $0.8 Million, Net Loss by $1.4 Million and Adjusted EBITDA by $3.4 Million over Q1 2023 – – Improved Q1 2024 Gross Profit by $0.8 Million, Net Loss by $1.4 Million a...

2 months ago - GlobeNewsWire

Alto Ingredients, Inc. to Release First Quarter 2024 Financial Results on May 6, 2024

PEKIN, Ill., April 29, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alco...

2 months ago - GlobeNewsWire

Alto Ingredients, Inc. Appoints Todd E. Benton as Chief Operating Officer; Michael D.

PEKIN, Ill., March 21, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alco...

4 months ago - GlobeNewsWire

Alto Ingredients, Inc. Reports Fourth Quarter and Year-end 2023 Results

- Delivered 2023 Gross Profit of $15.7 Million, Versus Gross Loss of $27.6 Million in 2022 - - Improved 2023 Net Loss by $13.6 Million and Adjusted EBITDA by $26.5 Million over 2022 - - Signed Letter ...

4 months ago - GlobeNewsWire

Alto Ingredients, Inc. Enters Letter of Intent with Vault to Advance Carbon Capture and Storage Initiative

PEKIN, Ill., March 11, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alco...

4 months ago - GlobeNewsWire

Alto Ingredients, Inc. to Participate in the 36th Annual Roth Conference

PEKIN, Ill., March 05, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, announced that management pla...

4 months ago - GlobeNewsWire

Alto Ingredients, Inc. to Release Fourth Quarter 2023 Financial Results

PEKIN, Ill., March 04, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, announced it will release its...

4 months ago - GlobeNewsWire

Alto Ingredients, Inc. Publishes Sustainability Summary

PEKIN, Ill., Dec. 11, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, has published its inaugural Su...

7 months ago - GlobeNewsWire

Alto Ingredients, Inc. Extends Term Loan Commitment Period

PEKIN, Ill., Dec. 06, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, announced that it has amended ...

8 months ago - GlobeNewsWire

Alto Ingredients, Inc. to Participate in Upcoming Conferences

PEKIN, Ill., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, announced that management plan...

9 months ago - GlobeNewsWire

Alto Ingredients, Inc. Reports Third Quarter 2023 Results

PEKIN, Ill., Nov. 06, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, reported its financial results...

9 months ago - GlobeNewsWire

Alto Ingredients, Inc. to Release Third Quarter 2023 Financial Results

PEKIN, Ill., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, today announced it will releas...

9 months ago - GlobeNewsWire

Alto Ingredients, Inc. to Present at the LD Micro Main Event XVI

PEKIN, Ill., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, announced that management pla...

10 months ago - GlobeNewsWire

Alto Ingredients, Inc. to Present at the H.C. Wainwright & Co. 25th Annual Global Investment Conference

PEKIN, Ill., Sept. 05, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, announced that management pla...

11 months ago - GlobeNewsWire

Alto Ingredients, Inc. Reports Second Quarter 2023 Results

- Delivered net income, positive Adjusted EBITDA and positive operating cash flow, while making significant capital expenditures to support business transformation -

1 year ago - GlobeNewsWire

Alto Ingredients Announces Executive Leadership Changes

- Bryon T. McGregor Appointed President and Chief Executive Officer – - Michael D. Kandris Retires as President and Chief Executive Officer and Continues as Director and Interim Chief Operating Office...

1 year ago - GlobeNewsWire

Alto Ingredients, Inc. to Release Second Quarter 2023 Financial Results

SACRAMENTO, Calif., July 31, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, today announced it will...

1 year ago - GlobeNewsWire

Alto Ingredients, Inc. Reports First Quarter 2023 Results

- Generated Sequential, Monthly Performance Improvements in 2023 - - Resumed Operations at Magic Valley, Idaho Plant in April 2023 - - Expects Positive Adjusted EBITDA in Q2 2023 - PEKIN, Ill., May 08...

1 year ago - GlobeNewsWire

Alto Ingredients, Inc. to Release First Quarter 2023 Financial Results

SACRAMENTO, Calif., May 02, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer of specialty alcohols and essential ingredients, today announced it will release its firs...

1 year ago - GlobeNewsWire

Top 5 Energy Stocks That Could Blast Off In April - Enviva (NYSE:EVA), Alto Ingredients (NASDAQ:ALTO)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: EVANINEPARRUSEG
1 year ago - Benzinga

Top 5 Energy Stocks Which Could Rescue Your Portfolio This Month - Alto Ingredients (NASDAQ:ALTO), Aemetis (NASDAQ:AMTX)

The most oversold stocks in the energy sector presents an opportunity to buy into undervalued companies.

Other symbols: AMTXENGGEVOUSEG
1 year ago - Benzinga

Alto Ingredients, Inc. Reports Fourth Quarter and Full Year 2022 Results

- Growth, Revenue Diversification and Efficiency Initiatives to Expand Annualized EBITDA by Over $65 Million by the End of 2025 and Over $125 Million by the End of 2026 -

1 year ago - GlobeNewsWire

Alto Ingredients, Inc. to Release Fourth Quarter 2022 Financial Results

SACRAMENTO, Calif., March 03, 2023 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer of specialty alcohols and essential ingredients, today announced it will release its fo...

1 year ago - GlobeNewsWire

Alto Ingredients, Inc. Reports Third Quarter 2022 Results

SACRAMENTO, Calif,, Nov. 07, 2022 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, reported its financial ...

1 year ago - GlobeNewsWire

Alto Ingredients, Inc. Enters Into $125 Million Term Loan Facility to Accelerate Business Transformation

SACRAMENTO, Calif., Nov. 07, 2022 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a leading producer and distributor of specialty alcohols and essential ingredients, today announced that it...

1 year ago - GlobeNewsWire