5 Small Cap Stocks That Are Too Cheap To Ignore

3. Green Plains Inc. (NASDAQ:GPRE)

Number of Hedge Fund Holders: 22

Green Plains Inc. (NASDAQ:GPRE) is an American ethanol and commodities distributor. The firm provides ethanol to other companies and it also sells natural gas, grain, and corn oil.

Green Plains Inc. (NASDAQ:GPRE) is one of America’s largest ethanol producers, and as 2021 ended, the firm had pumped out 1 billion gallons of ethanol, alongside 290 million pounds of industrial grade corn oil, and 330 million bushels of corn. The company is also slated to add 200,00 tons of ultra high protein capacity next year, along with another 162,000 tons in 2024. This implies that when paired with reducing capital expenditure, the firm’s free cash flows are estimated to sit at $190 million in 2024. At the same time, its debt ratio can also fall below 1.4x, for a strong balance sheet.

Insider Monkey’s Q2 2022 survey covering 895 hedge funds revealed that 22 had invested in Green Plains Inc. (NASDAQ:GPRE).

Out of these, Green Plains Inc. (NASDAQ:GPRE)’s largest investor is Frederick Disanto’s Ancora Advisors which owns four million shares that are worth $109 million.

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