Alto Ingredients, Inc. (ALTO)
NASDAQ: ALTO · Real-Time Price · USD
1.420
0.00 (0.00%)
Nov 22, 2024, 4:00 PM EST - Market closed
Alto Ingredients Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Alto Ingredients stock have an average target of 5.00, with a low estimate of 4.00 and a high estimate of 5.50. The average target predicts an increase of 252.11% from the current stock price of 1.42.
Analyst Consensus: Strong Buy
* Price targets were last updated on Aug 7, 2024.
Analyst Ratings
The average analyst rating for ALTO stock from 3 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5.5 | Strong Buy | Reiterates | $5.5 | +287.32% | Aug 7, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5.5 | Strong Buy | Reiterates | $5.5 | +287.32% | May 7, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5.5 | Strong Buy | Reiterates | $5.5 | +287.32% | Mar 12, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +181.69% | Mar 12, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $7 → $5.5 | Strong Buy | Maintains | $7 → $5.5 | +287.32% | Nov 6, 2023 |
Financial Forecast
Revenue This Year
970.60M
from 1.22B
Decreased by -20.63%
Revenue Next Year
1.04B
from 970.60M
Increased by 7.36%
EPS This Year
-0.37
from -0.40
EPS Next Year
0.21
from -0.37
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.0B | 1.1B |
| Avg | 970.6M | 1.0B |
| Low | 920.4M | 991.8M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -17.2% | 11.7% |
| Avg | -20.6% | 7.4% |
| Low | -24.7% | 2.2% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.38 | 0.36 |
| Avg | -0.37 | 0.21 |
| Low | -0.36 | 0.07 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | - | - |
| Avg | - | - |
| Low | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.