Should You Invest in Alto Ingredients (NASDAQ: ALTO) Now?
April 8, 2023
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When it comes to investing, it’s important to do your due diligence and make an informed decision. That holds true for investors looking at Alto Ingredients ($NASDAQ:ALTO) Inc. (NASDAQ:ALTO). The company is a leading producer of food ingredients and solutions from plants. It’s been a good year for ALTO INGREDIENTS and its shareholders.
The company recently reported its first quarter financial results that showed strong operating income and positive cash flow. Investors should research the company further and assess the risks before making any investment decisions.
Stock Price
Investing in Alto Ingredients Inc. (NASDAQ: ALTO) is a decision that should be weighed carefully. On Thursday, ALTO INGREDIENTS stock opened at $1.5 and closed at the same price, down by 2.6%. This decrease in price may make it seem as though investing in ALTO INGREDIENTS is not a sound investment decision. Investors should also consider the company’s past performance and future outlook to determine if investing in ALTO INGREDIENTS is the right decision for them. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Alto Ingredients. More…
| Total Revenues | Net Income | Net Margin |
| 1.34k | -42.86 | -3.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Alto Ingredients. More…
| Operations | Investing | Financing |
| 6.05 | -37.66 | 19.01 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Alto Ingredients. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 478.32 | 170.23 | 4.1 |
Key Ratios Snapshot
Some of the financial key ratios for Alto Ingredients are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -2.1% | 7.5% | -2.8% |
| FCF Margin | ROE | ROA |
| -2.4% | -7.4% | -4.9% |
Analysis
At GoodWhale, we have analyzed the fundamentals of ALTO INGREDIENTS. This type of company may be of interest to investors who are looking for steady returns, rather than high-risk, high-reward investments. From our analysis, ALTO INGREDIENTS is deemed to be strong in terms of its balance sheet and medium in terms of asset management, profitability and growth. ALTO INGREDIENTS also has an intermediate health score of 6/10 considering its cashflows and debt, suggesting that it is likely to be able to pay off debt and fund future operations. More…
Peers
It is no secret that the food and beverage industry is intensely competitive. Players large and small are vying for a share of the pie, and Alto Ingredients Inc is no exception. The company competes against some of the biggest names in the business, including Green Plains Inc, Cinkarna Celje, and AVT Natural Products Ltd. Despite the challenges, Alto Ingredients Inc has managed to carve out a place for itself in the industry, thanks to its innovative products and commitment to customer satisfaction.
– Green Plains Inc ($NASDAQ:GPRE)
Green Plains Inc is a publicly traded company that produces and sells ethanol and related products. The company has a market cap of 1.65 billion as of 2022 and a return on equity of -1.51%. The company’s products are used in the transportation, industrial, and consumer sectors. Green Plains Inc is headquartered in Omaha, Nebraska, and has operations in the United States, Canada, and Europe.
– Cinkarna Celje ($LTS:0NOO)
Cinkarna Celje is a Slovenian chemical company with a market cap of 179.75M as of 2022. The company’s Return on Equity is 17.95%. Cinkarna Celje produces a range of chemicals, including pigments, dyes, and resins. The company has a long history, dating back to the early 20th century.
– AVT Natural Products Ltd ($BSE:519105)
AVT Natural Products Ltd, with a market capitalization of 16.04 billion as of 2022 and a return on equity of 18.75%, is a company engaged in the manufacture and sale of natural products. The company has a wide range of products that it offers to its customers, which include herbs, spices, and other natural ingredients. AVT Natural Products Ltd has a strong presence in the market and is well-known for its quality products. The company has a good reputation for its customer service and is always willing to help its customers with any problems they may have.
Summary
Alto Ingredients Inc. (NASDAQ:ALTO) is a stock worth considering for investors. The company has seen a steady increase in its stock price and has consistently outperformed the broader market over recent years. The company has solid fundamentals and a strong balance sheet, with a dividend yield of over 3%.
Additionally, revenue and earnings have shown consistent growth over the past few years, signaling a healthy outlook for the company. To sum up, Alto Ingredients appears to be an excellent stock to consider buying at the moment.
