HC Wainwright Issues Negative Forecast for ALTO Earnings

Alto Ingredients, Inc. (NASDAQ:ALTO) – Equities researchers at HC Wainwright lowered their Q3 2026 earnings per share (EPS) estimates for Alto Ingredients in a research report issued on Thursday, August 6th. HC Wainwright analyst A. Dayal now expects that the company will post earnings per share of $0.07 for the quarter, down from their prior forecast of $0.19. HC Wainwright has a “Buy” rating on the stock. The consensus estimate for Alto Ingredients’ current full-year earnings is $0.39 per share. HC Wainwright also issued estimates for Alto Ingredients’ Q4 2026 earnings at $0.12 EPS, FY2026 earnings at $0.39 EPS and FY2027 earnings at $0.28 EPS.

Alto Ingredients (NASDAQ:ALTO) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.07. The company had revenue of $245.70 million for the quarter, compared to analysts’ expectations of $231.24 million. Alto Ingredients had a return on equity of 18.94% and a net margin of 5.51%.

Several other research firms have also issued reports on ALTO. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Alto Ingredients in a research report on Friday, July 31st. Zacks Research downgraded shares of Alto Ingredients from a “strong-buy” rating to a “hold” rating in a research report on Monday, July 6th. Finally, Scotiabank set a $10.00 price objective on shares of Alto Ingredients in a research note on Thursday, August 6th. One research analyst has rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Alto Ingredients currently has an average rating of “Hold” and an average target price of $10.00.

Alto Ingredients Price Performance

NASDAQ:ALTO opened at $4.17 on Monday. The stock has a market capitalization of $323.13 million, a PE ratio of 6.22 and a beta of 0.17. Alto Ingredients has a 1-year low of $0.92 and a 1-year high of $6.11. The firm has a fifty day simple moving average of $5.20 and a 200 day simple moving average of $4.48. The company has a current ratio of 3.81, a quick ratio of 2.54 and a debt-to-equity ratio of 0.29.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Bank of New York Mellon Corp acquired a new stake in Alto Ingredients during the 1st quarter valued at $49,000. Vontobel Holding Ltd. acquired a new stake in shares of Alto Ingredients during the 4th quarter worth about $33,000. Sei Investments Co. bought a new stake in shares of Alto Ingredients during the 1st quarter worth about $58,000. Leonteq Securities AG acquired a new position in Alto Ingredients in the 4th quarter valued at about $44,000. Finally, CreativeOne Wealth LLC bought a new position in Alto Ingredients in the 4th quarter valued at about $46,000. 42.44% of the stock is owned by institutional investors and hedge funds.

Alto Ingredients Company Profile

Alto Ingredients, Inc (NASDAQ: ALTO) is a diversified producer of alcohol-based products and specialty ingredients for industrial, food, beverage and personal care applications. The company’s core offering centers on ethanol produced for fuel markets, as well as an expanding portfolio of natural and organic alcohols, glycerin and other ingredient solutions. Alto’s product lines serve a range of end markets, including renewable fuels, confectionery, flavorings, cosmetics and sanitizers.

Headquartered in Dallas, Texas, Alto Ingredients operates a network of production facilities across the United States.