Alto Ingredients, Inc. (ALTO)

Market Cap	132.32M
Revenue (ttm)	1.07B
Net Income (ttm)	-38.53M
Shares Out	76.49M
EPS (ttm)	-0.53
PE Ratio	n/a
Forward PE	15.73
Dividend	n/a
Ex-Dividend Date	n/a

Volume	417,906
Open	1.740
Previous Close	1.740
Day's Range	1.720 - 1.755
52-Week Range	1.280 - 4.970
Beta	1.99
Analysts	Strong Buy
Price Target	5.00 (+189.02%)
Earnings Date	Nov 4, 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 189.02% from the latest price.

Price Target

$5.0

(189.02% upside)

Analyst Consensus: Strong Buy