Renewable Energy Group (REGI) Cut to Buy at ValuEngine

Marco Green
April 21, 2018

2 analysts on average are expecting the company to report revenue of $556.42 Million for the current quarter. It is down 27.78% since April 21, 2017 and is uptrending. It has outperformed by 16.23% the S&P500.The move comes after 8 months negative chart setup for the $501.97M company. We have $14.25 PT which if reached, will make NASDAQ:REGI worth $45.70M more. The stock increased 0.22% or $0.23 during the last trading session, reaching $102.89. About 429,839 shares traded. (NYSE:CF) has risen 28.25% since April 19, 2017 and is uptrending. It has outperformed by 16.70% the S&P500. Therefore 62% are positive.

Several analysts have recently issued reports on the stock. Also, Director Delbert Christensen acquired 7,441 shares of Renewable Energy Group stock in a transaction that occurred on Friday, March 16th. The firm has "Buy" rating by Robert W. Baird given on Tuesday, December 19. The company was maintained on Wednesday, January 17 by Credit Suisse. The firm earned "Buy" rating on Wednesday, August 23 by Roth Capital. The rating was maintained by Jefferies on Tuesday, September 26 with "Buy".

Renewable Energy Group stock opened at $13.35 on Thursday. The company has a current ratio of 1.74, a quick ratio of 1.07 and a debt-to-equity ratio of 0.37. It increased, as 47 investors sold MMM shares while 635 reduced holdings. 147 funds opened positions while 416 raised stakes. Us Bancshares De stated it has 241 shares. Rhumbline Advisers reported 410,335 shares stake. Jennison Associates Limited Liability Corporation holds 1.22% or 6.61 million shares. Following the purchase, the director now directly owns 73,592 shares of the company's stock, valued at $805,096.48. Vanguard Gp has 0.03% invested in CoreSite Realty Corporation (NYSE:COR). Northern Tru accumulated 307,236 shares. 14,665 were accumulated by Wetherby Asset Mgmt Inc. The stock was acquired at an average price of $10.94 per share, for a total transaction of $218,800.00. 11,702 are owned by D E Shaw &. The company has market cap of $11.43 billion. It has a 57.01 P/E ratio. These buildings provide the power, cooling, and network connectivity to operate this mission-critical equipment. Its up 0.06, from 0.77 in 2017Q3. According to Zacks, "Renewable Energy Group, Inc. produces and sells biofuels and renewable chemicals in the U.S. It operates through Biomass-Based Diesel, Services, Renewable Chemicals, and Corporate and Other segments". This is represented as the equation (P/EPS), where P is the market price and EPS is the earnings per share.

Among 4 analysts covering Renewable Energy (NASDAQ:REGI), 2 have Buy rating, 0 Sell and 2 Hold. Prudential owns 166,360 shares for 0% of their portfolio. Teacher Retirement System of Texas purchased a new stake in shares of Renewable Energy Group in the fourth quarter worth about $140,000. (NASDAQ:REGI). Moreover, Meeder Asset Management has 0% invested in Renewable Energy Group, Inc. Tower Research Capital LLC TRC lifted its stake in shares of Renewable Energy Group by 73.1% in the 4th quarter. (NASDAQ:REGI). Inverness Counsel Ltd Liability New York reported 19,617 shs or 0.01% of all its holdings. Funds hold 37.94 million shares thus 1.54% less from 2017Q3's 38.53 million shares. National Bank & Trust Of Mellon has invested 0% of its portfolio in Renewable Energy Group, Inc.

Renewable Energy Group, Inc is focused on providing cleaner, lower carbon intensity products and services. (NASDAQ:REGI) for 25,649 shares. The SI to Renewable Energy Group Inc's float is 22.66%. (NASDAQ:REGI) is expected On May, 3 after the close., according to RTT. Pennsylvania-based Brandywine Glob Investment Management has invested 0% in Renewable Energy Group, Inc. This rising movement shows positive prices direction over last 50 days. On Thursday, November 3 the stock rating was downgraded by Piper Jaffray to "Neutral". The company was maintained on Friday, November 3 by Piper Jaffray. As per Thursday, June 8, the company rating was maintained by Canaccord Genuity. The firm has "Hold" rating given on Friday, July 21 by Piper Jaffray. On Tuesday, October 24 the firm has "Buy" rating by Roth Capital given. Renaissance Technology Lc stated it has 0.01% in Renewable Energy Group, Inc. (NASDAQ:REGI) rating on Friday, November 3. The rating was maintained by Canaccord Genuity on Wednesday, September 27 with "Buy". The company's market cap is $516.65 Million, and the average volume is 502.11 Million. It operates through Biomass-Based Diesel, Services, Renewable Chemicals, and Corporate and Other it has negative earnings. The PE ratio of 11.82 helps investors explore how much they should pay for a stock based on its current earnings. It is involved in various activities related to biomass-based diesel production, from acquiring feedstock, managing construction and operating biomass-based diesel production facilities to marketing, selling and distributing biomass-based diesel and its co-products.

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