Benson Hill (NYSE:BHIL – Get Rating) had its target price decreased by Barclays from $5.00 to $3.00 in a research report released on Tuesday morning, The Fly reports.
Benson Hill Price Performance
Benson Hill stock opened at $1.50 on Tuesday. The stock’s fifty day moving average price is $2.38 and its two-hundred day moving average price is $2.67. The firm has a market cap of $309.69 million, a PE ratio of -2.44 and a beta of 1.54. Benson Hill has a one year low of $1.47 and a one year high of $5.85. The company has a debt-to-equity ratio of 0.44, a current ratio of 4.54 and a quick ratio of 3.86.
Benson Hill (NYSE:BHIL – Get Rating) last issued its earnings results on Monday, March 13th. The company reported ($0.17) earnings per share for the quarter, meeting analysts’ consensus estimates of ($0.17). The firm had revenue of $99.18 million for the quarter, compared to the consensus estimate of $99.50 million. Benson Hill had a negative return on equity of 33.72% and a negative net margin of 30.90%. During the same quarter last year, the business posted ($0.32) EPS. As a group, research analysts expect that Benson Hill will post -0.42 EPS for the current fiscal year.
Insider Buying and Selling at Benson Hill
Institutional Investors Weigh In On Benson Hill
Several hedge funds have recently modified their holdings of BHIL. Alphabet Inc. acquired a new stake in shares of Benson Hill during the 3rd quarter valued at $42,065,000. BlackRock Inc. boosted its holdings in shares of Benson Hill by 55.8% during the 3rd quarter. BlackRock Inc. now owns 18,105,051 shares of the company’s stock valued at $49,608,000 after acquiring an additional 6,485,440 shares in the last quarter. State Street Corp boosted its holdings in shares of Benson Hill by 690.7% during the 2nd quarter. State Street Corp now owns 3,586,885 shares of the company’s stock valued at $9,828,000 after acquiring an additional 3,133,270 shares in the last quarter. Alyeska Investment Group L.P. acquired a new stake in shares of Benson Hill during the 1st quarter valued at $7,429,000. Finally, Apollo Management Holdings L.P. acquired a new stake in shares of Benson Hill during the 2nd quarter valued at $5,206,000. Institutional investors and hedge funds own 34.35% of the company’s stock.
About Benson Hill
Benson Hill, Inc, together with its subsidiaries, operates as a food technology company that unlocks natural genetic diversity of plants. It operates in two segments, Ingredients and Fresh. The company offers CropOS, a technology platform, which uses artificial intelligence, data, and various advanced breeding techniques that combine data, plant, and food sciences to deliver crops optimized for food, ingredient, and feed products.
- Get a free copy of the StockNews.com research report on Benson Hill (BHIL)
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