Wall Street await Renewable Energy Group Inc (NASDAQ:REGI) to release earnings on March, 8 after the close. Analysts forecast EPS of $-0.35, down exactly $0.60 or 240.00% from 2014’s $0.25 EPS. After releasing $-0.44 EPS for the previous quarter, Renewable Energy Group Inc’s analysts now forecasts -20.45% EPS growth. The stock increased 2.95% or $0.23 on March 4, hitting $8.03. Renewable Energy Group Inc (NASDAQ:REGI) has declined 22.42% since July 30, 2015 and is downtrending. It has underperformed by 17.26% the S&P500.
The institutional sentiment decreased to 0.8 in 2015 Q3. Its down 0.82, from 1.62 in 2015Q2. The ratio dived, as 35 funds sold all Renewable Energy Group Inc shares owned while 31 reduced positions. 9 funds bought stakes while 44 increased positions. They now own 30.62 million shares or 3.56% less from 31.75 million shares in 2015Q2.
Towle & Co holds 3.27% of its portfolio in Renewable Energy Group Inc for 1.73 million shares. Connective Capital Management Llc owns 107,816 shares or 1.83% of their US portfolio. Moreover, Eidelman Virant Capital has 0.84% invested in the company for 147,939 shares. The Texas-based Carlson Capital L P has invested 0.41% in the stock. First Heartland Consultants Inc., a Missouri-based fund reported 103,200 shares.
Renewable Energy Group, Inc. is engaged in producing advanced biofuels and renewable chemicals. The company has a market cap of $362.37 million. The Firm is involved in various activities related to biomass diesel production, from acquiring feedstock, managing construction and operating biomass diesel production facilities to marketing, selling and distributing biomass diesel and its co-products. It has 22.88 P/E ratio. The Firm operates a network of around nine operational biodiesel plants and one fermentation facility.
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