Green Plains, Inc. (NASDAQ:GPRE)

CAPS Rating: 2 out of 5

As a low-cost ethanol producer, Green Plains also operates an independent third-party ethanol marketing service. Green Plains owns 51% of Blendstar, LLC, a Houston-based biofuel terminal operator with six facilities in five states. Green Plains' agribusiness segment operates grain storage facilities and complementary agronomy, feed, and fuel businesses in northern Iowa and southern Minnesota.

Recs

1
Player Avatar turftoe (< 20) Submitted: 2/12/2010 2:39:12 PM : Outperform Start Price: $12.65 GPRE Score: +140.68

GPRE started in 2006 with no revenue. It will post over $1.5 billion in revenue in 2010 on growing profits. While all the other pure ethanol companies went bankrupt in 2009, they weathered the storm and expanded. When they post their fourth quarter earnings around the end of Feb. the cat will be out of the bag. Predict earnings in excess of $.70/shr! in fouth quarter. With earnings of $3.00 for 2010, and price target of 30/shr. for 2010.

Featured Broker Partners


Advertisement