Alto Ingredients, Inc. (ALTO)
NASDAQ: ALTO · IEX Real-Time Price · USD
1.600
+0.010 (0.63%)
At close: Jul 19, 2024, 4:00 PM
1.580
-0.020 (-1.25%)
Pre-market: Jul 20, 2024, 9:29 AM EDT
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 212.50% from the current stock price of 1.60.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 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 | 1 | 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 | +243.75% | May 7, 2024 |
| Craig-Hallum | Craig-Hallum | Strong Buy Maintains $5 → $4 | Strong Buy | Maintains | $5 → $4 | +150.00% | Mar 12, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $5.5 | Strong Buy | Reiterates | $5.5 | +243.75% | Mar 12, 2024 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Maintains $7 → $5.5 | Strong Buy | Maintains | $7 → $5.5 | +243.75% | Nov 6, 2023 |
| HC Wainwright & Co. | HC Wainwright & Co. | Strong Buy Reiterates $7 | Strong Buy | Reiterates | $7 | +337.50% | Aug 8, 2023 |
Financial Forecast
Revenue This Year
1.04B
from 1.22B
Decreased by -14.96%
Revenue Next Year
1.27B
from 1.04B
Increased by 22.02%
EPS This Year
-0.18
from -0.40
EPS Next Year
0.22
from -0.18
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.1B | 1.4B |
| Avg | 1.0B | 1.3B |
| Low | 959.0M | 1.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -9.0% | 39.0% |
| Avg | -15.0% | 22.0% |
| Low | -21.6% | 4.6% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | -0.18 | 0.23 |
| Avg | -0.18 | 0.22 |
| Low | -0.18 | 0.22 |
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.