Vertex Energy Inc. (NASDAQ: VTNR): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for Vertex Energy Inc. (VTNR) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.07, or -1.13%, to $6.14. Volume reached 89,482 shares, with price reaching a high of $6.1382 and a low of $6.05. The stock was recently discussed on Yahoo Finance as it revealed that Vertex Energy Provides Progress & Strategic Timeline Update of Mobile Refinery Renewable Diesel Conversion Project.


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Stocks Info

VTNR belongs to the Energy sector of the NASDAQ while operating in the Oil & Gas Refining & Marketing industry. At the end of the last regular session, the stock closed at $6.07 and fluctuated between $6.41 as its day high and $5.99 as its day low. The current market capitalization of Vertex Energy Inc. is $500.78M. A total of 3.64 million shares were traded on the day, compared to an average of 4.12M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, VTNR has seen 0 BUY and 3 SELL insider trades, representing the acquisition of 0 and the disposition of 213,398 shares. Over the last 12 months, there were 5 BUYs and 7 SELLs from insiders. Insiders purchased 275,750 shares during that period but sold 374,313.

In the most recent transaction, Cowart Benjamin P sold 71,133 shares of VTNR for 8.08 per share on Sep 13. After the transaction, the CEO and President now owns 333,986 company shares. In a previous transaction on Jul 20, Cowart Benjamin P sold 71,132 shares at 11.33 per share. VTNR shares that CEO and President owns now total 476,252.

Among the insiders who sold shares, Cowart Benjamin P disposed of 71,133 shares on Jul 12 at a per-share price of $10.38. This resulted in the CEO and President holding 547,384 shares of VTNR after the transaction. In another insider transaction, Phillips David L sold 99,621 shares at $16.33 per share on Jun 03. Company shares held by the Director now total 0.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for VTNR in the last 3 months, the mean price target is $16.67 with high estimates of $18.00 and low estimates of $15.00. In terms of 52-week highs and lows, VTNR has a high of $18.10 and a low of $3.30.

As of this writing, VTNR has an earnings estimate of $0.16 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.77 per share and a lower estimate of $-0.2. The company reported an EPS of $0.68 in the last quarter, which was -46.03% lower than expectations of $1.26.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 4 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for VTNR is Buy with a score of 4.33. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 1 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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