Alto Ingredients (ALTO) Stock Forecast, Price Target & Predictions
ALTO Stock Forecast
Alto Ingredients (ALTO) stock forecast, based on 2 Wall Street analysts, predicts a 12-month average price target of $3.50, with a high of $3.50 and a low of $3.50. This represents a 113.41% increase from the last price of $1.64.
ALTO Stock Rating
Alto Ingredients stock's rating consensus is Buy, based on 2 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 2 Buy (100.00%), 0 Hold (0.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).
Buy
ALTO Forecast vs Benchmarks
Type | Name | Upside |
---|---|---|
Stock | Alto Ingredients | 113.41% |
Sector | Basic Materials Stocks | 18.06% |
Price Target Trends
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | - | - | 1 |
Avg Price Target | - | - | $3.50 |
Last Closing Price | $1.64 | $1.64 | $1.64 |
Upside/Downside | - | - | 113.41% |
Ratings Trends
Date | Strong Buy | Buy | Hold | Sell | Strong Sell | Total |
---|---|---|---|---|---|---|
Jan, 25 | 1 | 1 | - | - | - | 2 |
Dec, 24 | 1 | 1 | - | - | - | 2 |
Nov, 24 | 1 | 2 | - | - | - | 3 |
Oct, 24 | 1 | 2 | - | - | - | 3 |
Sep, 24 | 1 | 2 | - | - | - | 3 |
Latest Price Target by Analysts
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
May 07, 2024 | Eric Stine | Craig-Hallum | $3.50 | $1.83 | 91.26% | 113.41% |
Latest Upgrade/Downgrade by Analysts
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
May 07, 2024 | Craig-Hallum | Buy | Buy | hold |
Nov 07, 2023 | Needham | Buy | Buy | hold |
Financial Forecast
EPS Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $-0.29 | $0.62 | $-0.58 | $-0.38 | - | - | - | - |
Avg Forecast | $0.30 | $0.44 | $-0.19 | $-0.22 | $-0.36 | $0.22 | $0.16 | $0.20 |
High Forecast | $0.29 | $0.41 | $-0.20 | $-0.22 | $-0.36 | $0.21 | $0.16 | $0.20 |
Low Forecast | $0.32 | $0.46 | $-0.19 | $-0.22 | $-0.35 | $0.22 | $0.16 | $0.20 |
Surprise % | -196.67% | 40.91% | 205.26% | 72.73% | - | - | - | - |
Revenue Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $897.02M | $1.21B | $1.34B | $1.22B | - | - | - | - |
Avg Forecast | $963.42M | $1.15B | $1.35B | $1.24B | $951.70M | $1.02B | $1.38B | $1.35B |
High Forecast | $925.13M | $1.10B | $1.34B | $1.24B | $947.08M | $1.02B | $1.37B | $1.34B |
Low Forecast | $1.00B | $1.19B | $1.36B | $1.25B | $956.32M | $1.03B | $1.39B | $1.35B |
Surprise % | -6.89% | 5.41% | -1.03% | -1.54% | - | - | - | - |
Net Income Forecast
Annual
Dec 20 | Dec 21 | Dec 22 | Dec 23 | Dec 24 | Dec 25 | Dec 26 | Dec 27 | |
---|---|---|---|---|---|---|---|---|
Reported | $-17.28M | $46.08M | $-41.60M | $-28.00M | - | - | - | - |
Avg Forecast | $22.08M | $32.02M | $-14.18M | $-16.13M | $-26.04M | $15.77M | $11.73M | $14.67M |
High Forecast | $20.93M | $30.37M | $-14.32M | $-16.24M | $-26.20M | $15.67M | $11.66M | $14.58M |
Low Forecast | $23.22M | $33.68M | $-14.04M | $-16.03M | $-25.87M | $15.87M | $11.81M | $14.76M |
Surprise % | -178.29% | 43.89% | 193.38% | 73.57% | - | - | - | - |