Alto Ingredients Stock Today
ALTO Stock | USD 1.94 0.05 2.65% |
Performance1 of 100
| Odds Of DistressOver 55
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Alto Ingredients is selling at 1.94 as of the 29th of April 2024; that is 2.65% increase since the beginning of the trading day. The stock's open price was 1.89. Alto Ingredients has over 55 % chance of experiencing financial distress in the next 2 years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Alto Ingredients are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of March 2024 and ending today, the 29th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 24th of March 2005 | Category Basic Materials |
Alto Ingredients, Inc. produces and markets specialty alcohols and essential ingredients in the United States. Alto Ingredients, Inc. was founded in 2003 and is headquartered in Pekin, Illinois. Alto Ingredients operates under Specialty Chemicals classification in the United States and is traded on NASDAQ Exchange. The company has 75.7 M outstanding shares of which 1.04 M shares are presently shorted by private and institutional investors with about 2.0 trading days to cover. More on Alto Ingredients
Follow Valuation Options Odds of Bankruptcy
Financial Report 13th of May 2024
Alto Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Alto Ingredients' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Alto Ingredients or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Business Concentration | Oil & Gas Refining & Marketing, Specialty Chemicals, Basic Materials, NASDAQ Composite, Jakarta Stock Exchange, Synthetics, Chemicals Makers, Plastics, Energy, Oil, Gas & Consumable Fuels, Specialty Chemicals, Basic Materials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average Analyst Recommendation Analysts covering Alto Ingredients report their recommendations after researching Alto Ingredients' financial statements, talking to executives and customers, or listening in on Alto Ingredients' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Alto Ingredients. The Alto consensus assessment is calculated by taking the average forecast from all of the analysts covering Alto Ingredients. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength Based on the key indicators related to Alto Ingredients' liquidity, profitability, solvency, and operating efficiency, Alto Ingredients is not in a good financial situation at the present time. It has a very high likelihood of going through financial trouble in May. Financial strength of Alto Ingredients is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Alto Ingredients' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Alto Ingredients' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Alto Ingredients' financial leverage. It provides some insight into what part of Alto Ingredients' total assets is financed by creditors.
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Alto Ingredients (ALTO) is traded on NASDAQ Exchange in USA. It is located in 1300 South Second Street, Pekin, IL, United States, 61554 and employs 460 people. Alto Ingredients is listed under Oil & Gas Refining & Marketing category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 146.85 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Alto Ingredients's market, we take the total number of its shares issued and multiply it by Alto Ingredients's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Alto Ingredients conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 75.7 M outstanding shares of which 1.04 M shares are presently shorted by private and institutional investors with about 2.0 trading days to cover.
Alto Ingredients currently holds about 57.38 M in cash with 22.02 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.77.
Check Alto Ingredients Probability Of Bankruptcy
Ownership AllocationAlto Ingredients retains a total of 75.7 Million outstanding shares. 30% of Alto Ingredients outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Remember, it does not matter who owns the company or if the company is currently losing money. If the true value of the company is more than the market pays for it currently, you can still have a good investment opportunity.
Check Alto Ownership Details
Alto Stock Price Odds Analysis
Contingent on a normal probability distribution, the odds of Alto Ingredients jumping above the current price in 90 days from now is about 76.25%. The Alto Ingredients probability density function shows the probability of Alto Ingredients stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.1593. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Alto Ingredients will likely underperform. Additionally, alto Ingredients has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Alto Ingredients to move above the current price in 90 days from now is about 76.25 (This Alto Ingredients probability density function shows the probability of Alto Stock to fall within a particular range of prices over 90 days) .
Alto Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Alto Ingredients that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Alto Ingredients' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Alto Ingredients' value.Instituion | Recorded On | Shares | |
Clear Sky Advisers, Llc | 2023-12-31 | 778.7 K | |
Renaissance Technologies Corp | 2023-12-31 | 755 K | |
Creative Financial Designs Inc | 2023-12-31 | 692.8 K | |
Qube Research & Technologies | 2023-12-31 | 691.2 K | |
Acadian Asset Management Llc | 2023-12-31 | 539.4 K | |
Amvescap Plc. | 2023-12-31 | 499.2 K | |
Jane Street Group, Llc | 2023-12-31 | 496.7 K | |
Goldman Sachs Group Inc | 2023-12-31 | 481.1 K | |
Baird Financial Group, Inc. | 2023-12-31 | 454.4 K | |
Vanguard Group Inc | 2023-12-31 | 3.8 M | |
Hotchkis & Wiley Capital Management Llc | 2023-12-31 | 3.3 M |
Alto Ingredients Historical Income Statement
Alto Ingredients Income Statement is one of the three primary financial statements used for reporting Alto's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Alto Ingredients revenue and expense. Alto Ingredients Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Alto Ingredients' Interest Expense is very stable compared to the past year. As of the 29th of April 2024, Selling And Marketing Expenses is likely to grow to about 790.1 K, while Depreciation And Amortization is likely to drop about 17.8 M. View More FundamentalsAlto Stock Against Markets
Picking the right benchmark for Alto Ingredients stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Alto Ingredients stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Alto Ingredients is critical whether you are bullish or bearish towards Alto Ingredients at a given time. Please also check how Alto Ingredients' historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Alto Ingredients without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Alto Ingredients Corporate Management
Elected by the shareholders, the Alto Ingredients' board of directors comprises two types of representatives: Alto Ingredients inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Alto. The board's role is to monitor Alto Ingredients' management team and ensure that shareholders' interests are well served. Alto Ingredients' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Alto Ingredients' outside directors are responsible for providing unbiased perspectives on the board's policies.
Auste JD | General VP | Profile | |
Todd Benton | Chief Officer | Profile | |
Ed Baker | Vice Resources | Profile | |
Bryon McGregor | Chief Officer | Profile | |
James Sneed | VP Officer | Profile | |
William Jones | Founder Chairman | Profile | |
Christopher Esq | Consultant | Profile |
How to buy Alto Stock?
Before investing in Alto Ingredients, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Alto Ingredients. To buy Alto Ingredients stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Alto Ingredients. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Alto Ingredients stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Alto Ingredients stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Alto Ingredients stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Alto Ingredients, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Alto Stock please use our How to Invest in Alto Ingredients guide.
Already Invested in Alto Ingredients?
The danger of trading Alto Ingredients is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Alto Ingredients is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Alto Ingredients. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Alto Ingredients is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Alto Ingredients offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alto Ingredients' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alto Ingredients Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alto Ingredients Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Alto Ingredients. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. To learn how to invest in Alto Stock, please use our How to Invest in Alto Ingredients guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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When running Alto Ingredients' price analysis, check to measure Alto Ingredients' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alto Ingredients is operating at the current time. Most of Alto Ingredients' value examination focuses on studying past and present price action to predict the probability of Alto Ingredients' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alto Ingredients' price. Additionally, you may evaluate how the addition of Alto Ingredients to your portfolios can decrease your overall portfolio volatility.
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Is Alto Ingredients' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Alto Ingredients. If investors know Alto will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Alto Ingredients listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.66) | Earnings Share (0.40) | Revenue Per Share 16.675 | Quarterly Revenue Growth (0.17) | Return On Assets (0.02) |
The market value of Alto Ingredients is measured differently than its book value, which is the value of Alto that is recorded on the company's balance sheet. Investors also form their own opinion of Alto Ingredients' value that differs from its market value or its book value, called intrinsic value, which is Alto Ingredients' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Alto Ingredients' market value can be influenced by many factors that don't directly affect Alto Ingredients' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Alto Ingredients' value and its price as these two are different measures arrived at by different means. Investors typically determine if Alto Ingredients is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Alto Ingredients' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.