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Added to YB: 2024-03-15

Pitch date: 2024-03-12

ALTO [bearish]

Alto Ingredients, Inc.

-25%

current return

Author Info

No bio for this author

Company Info

Alto Ingredients, Inc. produces, distributes, and markets specialty alcohols, renewable fuel, and essential ingredients in the United States.

Market Cap

$69.2M

Pitch Price

$2.00

Price Target

N/A

Dividend

N/A

EV/EBITDA

13.60

P/E

-1.10

EV/Sales

0.15

Sector

Chemicals

Category

turnaround

Show full summary:
ALTO's Hurdles in CCS and Project Pauses

ALTO floundering: CCS progress limited to non-binding LOI 18mos post-IRA; pausing yeast & biogas projects due to resource strain. Operational issues at Magic Valley amid negative margins. Likely restructuring candidate with Trump's return complicating CCS outlook. Chronic mismanagement of assets.

Read full article (2 min)