EPS for Pacific Ethanol Inc (PEIX) Expected At $-0.05

October 13, 2017 - By Migdalia James

 EPS for Pacific Ethanol Inc (PEIX) Expected At $ 0.05
Investors sentiment increased to 2.16 in Q2 2017. Its up 0.81, from 1.35 in 2017Q1. It improved, as 13 investors sold Pacific Ethanol Inc shares while 24 reduced holdings. 29 funds opened positions while 51 raised stakes. 32.30 million shares or 26.80% more from 25.47 million shares in 2017Q1 were reported.
Voya Inv Limited Liability Corporation reported 19,222 shares. Denver Investment Advsrs Limited Liability Company stated it has 13,923 shares or 0% of all its holdings. The Pennsylvania-based Pnc Gp has invested 0% in Pacific Ethanol Inc (NASDAQ:PEIX). Lsv Asset Mngmt reported 692,900 shares stake. Matarin Management Limited holds 0% of its portfolio in Pacific Ethanol Inc (NASDAQ:PEIX) for 411,823 shares. Parametric Associate Lc reported 203,477 shares. Jane Street Grp Inc Limited Liability Corporation accumulated 171,023 shares or 0% of the stock. Acadian Asset Mgmt Ltd Llc reported 65,647 shares. Citigroup has 0% invested in Pacific Ethanol Inc (NASDAQ:PEIX) for 271 shares. Tfs Ltd Liability Corporation invested in 0.35% or 144,597 shares. Principal Fincl holds 0% of its portfolio in Pacific Ethanol Inc (NASDAQ:PEIX) for 15,956 shares. Brandywine Inv Mgmt Ltd Liability reported 22,350 shares stake. Citadel Advsr Ltd Liability Corporation invested in 0% or 135,306 shares. Boston Prtnrs holds 0.01% or 1.65M shares in its portfolio. Bogle Invest Management L P De invested in 128,683 shares or 0.06% of the stock.

Analysts await Pacific Ethanol Inc (NASDAQ:PEIX) to report earnings on November, 1. They expect $-0.05 earnings per share, up 44.44 % or $0.04 from last year’s $-0.09 per share. After $-0.22 actual earnings per share reported by Pacific Ethanol Inc for the previous quarter, Wall Street now forecasts -77.27 % EPS growth. The stock decreased 0.96% or $0.05 on October 13, reaching $5.15. About 258,672 shares traded. Pacific Ethanol Inc (NASDAQ:PEIX) has risen 39.62% since October 13, 2016 and is uptrending. It has outperformed by 22.92% the S&P500.

Pacific Ethanol Inc (NASDAQ:PEIX) Ratings Coverage

Among 5 analysts covering Pacific Ethanol (NASDAQ:PEIX), 5 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pacific Ethanol had 10 analyst reports since October 8, 2015 according to SRatingsIntel. Rodman & Reshaw initiated Pacific Ethanol Inc (NASDAQ:PEIX) on Tuesday, May 24 with “Buy” rating. The stock of Pacific Ethanol Inc (NASDAQ:PEIX) earned “Buy” rating by Roth Capital on Friday, July 28. H.C. Wainwright maintained it with “Buy” rating and $1400 target in Wednesday, June 28 report. Roth Capital maintained Pacific Ethanol Inc (NASDAQ:PEIX) on Monday, March 14 with “Buy” rating. The firm has “Buy” rating given on Thursday, September 28 by Roth Capital. As per Friday, August 4, the company rating was maintained by H.C. Wainwright. Cowen & Co maintained it with “Buy” rating and $1300 target in Friday, July 28 report.

Pacific Ethanol, Inc. is a producer and marketer of low-carbon renewable fuels in the United States. The company has market cap of $226.45 million. The Company’s divisions include a production segment and a marketing segment. It currently has negative earnings. As of December 31, 2016, the Company owned and operated eight ethanol production facilities, of which four plants are in the Western states of California, Oregon and Idaho, and four of its plants are located in the Midwestern states of Illinois and Nebraska.

More important recent Pacific Ethanol Inc (NASDAQ:PEIX) news were published by: Globenewswire.com which released: “Pacific Ethanol to Acquire Illinois Corn Processing” on June 27, 2017, also Globenewswire.com published article titled: “Pacific Ethanol Refinances $47.5 Million in Secured Promissory Notes”, Seekingalpha.com published: “Pacific Ethanol – A Good Value Under $5” on August 16, 2017. More interesting news about Pacific Ethanol Inc (NASDAQ:PEIX) was released by: Prnewswire.com and their article: “How These Oil & Gas Stocks are Performing? — Pacific Ethanol, NGL Energy …” with publication date: October 05, 2017.

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