Alto Ingredients
ALTO

$1.56

1.3%

Market Cap: 120M

About: Alto Ingredients Inc is a producer of specialty alcohols and essential ingredients. The company serves five markets: Health, Home and Beauty, Food and Beverage, Essential Ingredients, and Renewable Fuels. Its customers include major food and beverage companies and consumer products manufacturers and distributors. The company operates under three segments: Marketing and distribution, Pekin Campus production, and Other production. The Marketing and distribution segment participates in marketing and merchant trading for alcohols and essential ingredients; Pekin Campus produces and sells products produced at the company's Pekin, Illinois, campus, and about half of the firm's revenue flows from this segment. Other production makes and sells from the company's other production facilities.

Employees: 460

Materials Industrial Organic Chemicals

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 3 analysts

–

News positive %

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

971% more call options, than puts

Call options by funds: $2.95M | Put options by funds: $275K

6% more first-time investments, than exits

New positions opened: 18 | Existing positions closed: 17

1% more funds holding

Funds holding: 101 [Q4 2023] → 102 (+1) [Q1 2024]

3% less repeat investments, than reductions

Existing positions increased: 31 | Existing positions reduced: 32

3.37% less ownership

Funds ownership: 42.83% [Q4 2023] → 39.45% (-3.37%) [Q1 2024]

25% less capital invested

Capital invested by funds: $86.7M [Q4 2023] → $65.1M (-$21.6M) [Q1 2024]

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Research analyst outlook

3 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$4

156%

upside

Avg. target

$5

221%

upside

High target

$5.50

253%

upside

3 analyst ratings

3 positive

100%

0 neutral

0%

0 negative

0%

HC Wainwright & Co. Amit Dayal	253%upside $5.5	Buy Reiterated	7 May 2024
Craig-Hallum Eric Stine	156%upside $4	Buy Maintained	12 Mar 2024
HC Wainwright & Co. Heiko Ihle	253%upside $5.5	Buy Reiterated	12 Mar 2024

See Analyst Rankings

Financial journalist opinion

Zacks Investment Research

Alto Ingredients (ALTO) Loses -20.43% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Alto Ingredients (ALTO) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

Alto Ingredients (ALTO) Loses -20.43% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Zacks Investment Research

5 Top Stocks to Gain From a Rebound in Consumer Confidence

With things looking up for the economy, consumer outlays are set to improve, helping stocks such as PlayAGS (AGS), Hasbro (HAS), Lifetime Brands (LCUT), Royal Caribbean Cruises (RCL) and Alto Ingredients (ALTO).

5 Top Stocks to Gain From a Rebound in Consumer Confidence

Zacks Investment Research

Here's Why Alto Ingredients (ALTO) Looks Ripe for Bottom Fishing

Alto Ingredients (ALTO) appears to have found support after losing some value lately, as indicated by the formation of a hammer chart. In addition to this technical chart pattern, strong agreement among Wall Street analysts in revising earnings estimates higher enhances the stock's potential for a turnaround in the near term.

Here's Why Alto Ingredients (ALTO) Looks Ripe for Bottom Fishing

Zacks Investment Research

Alto Ingredients (ALTO) Loses -16.26% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Alto Ingredients (ALTO) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.

Alto Ingredients (ALTO) Loses -16.26% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Alto Ingredients, Inc. (ALTO) Q1 2024 Earnings Call Transcript

Alto Ingredients, Inc. (NASDAQ:ALTO ) Q1 2024 Earnings Conference Call May 6, 2024 5:00 PM ET Company Participants Kirsten Chapman - LHA Investor Relations Bryon McGregor - President and Chief Executive Officer Rob Olander - Chief Financial Officer Conference Call Participants Eric Stine - Craig-Hallum Capital Group Amit Dayal - H.C.W David Bastian - Kingdom Capital Advisors Operator Good day, and welcome to the Alto Ingredients, Inc. First Quarter 2024 Financial Results Conference Call. All participants are in listen-only mode.

Alto Ingredients, Inc. (ALTO) Q1 2024 Earnings Call Transcript

Alto Ingredients, Inc. Reports First Quarter 2024 Results

– Improved Q1 2024 Gross Profit by $0.8 Million, Net Loss by $1.4 Million and Adjusted EBITDA by $3.4 Million over Q1 2023 – – Improved Q1 2024 Gross Profit by $0.8 Million, Net Loss by $1.4 Million and Adjusted EBITDA by $3.4 Million over Q1 2023 –

Alto Ingredients, Inc. Reports First Quarter 2024 Results

Alto Ingredients, Inc. to Release First Quarter 2024 Financial Results on May 6, 2024

PEKIN, Ill., April 29, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the United States, announced it will release its first quarter 2024 financial results after the close of market on Monday, May 6, 2024.

Alto Ingredients, Inc. to Release First Quarter 2024 Financial Results on May 6, 2024

Zacks Investment Research

New Strong Sell Stocks for March 25th

T, AGL and ALTO have been added to the Zacks Rank #5 (Strong Sell) List on March 25, 2023.

New Strong Sell Stocks for March 25th

Alto Ingredients, Inc. Appoints Todd E. Benton as Chief Operating Officer; Michael D.

PEKIN, Ill., March 21, 2024 (GLOBE NEWSWIRE) -- Alto Ingredients, Inc. (NASDAQ: ALTO), a producer and distributor of renewable fuel and essential ingredients and the largest producer of specialty alcohols in the United States, announced today that Michael D. Kandris advised the company that he will resign from his position as Interim Chief Operating Officer effective April 1, 2024. Kandris will continue to serve as a special advisor during a transition period ending with his retirement on June 20, 2024 and will remain on the board of directors. The company has appointed Todd E. Benton to the position of Chief Operating Officer effective April 1, 2024.

Alto Ingredients, Inc. Appoints Todd E. Benton as Chief Operating Officer; Michael D.

Alto Ingredients, Inc. (ALTO) Q4 2023 Earnings Call Transcript

Alto Ingredients, Inc. (NASDAQ:ALTO ) Q4 2023 Earnings Conference Call March 11, 2024 5:00 PM ET Company Participants Kirsten Chapman - MD, LHA Investor Relations Bryon McGregor - President and CEO Rob Olander - CFO Conference Call Participants Amit Dayal - H.C. Wainwright Eric Stine - Craig-Hallum Justin Dopierala - DOMO Capital Management Operator Good afternoon, and welcome to the Alto Ingredients Fourth Quarter and Year-End 2023 Financial Results Conference Call.

Alto Ingredients, Inc. (ALTO) Q4 2023 Earnings Call Transcript

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