BHIL Stock Summary and Trading Ideas (Benson Hill | NYSE:BHIL)

Benson Hill Inc is an ag-tech company specializing in soy protein innovation. The company has one business segment Ingredient. The company focuses on seed innovation through proprietary germplasm and the CropOS platform. This platform integrates protein, genomic, and strategic data for predictive breeding using AI and ML. They operate a Crop Accelerator for rapid prototyping. Benson Hill is developing a seed portfolio for protein ingredients, aquaculture, specialty animal feed, and vegetable oils. The company's revenue can be disaggregated into product categories: Proprietary and Non-Proprietary. Proprietary revenue is defined as any sale of a proprietary bean. Non-Proprietary revenue is all other revenue from non-Proprietary sources.

Benson Hill trades on the NYSE stock market under the symbol BHIL.

As of May 21, 2024, BHIL stock price was flat at $0.21 with 20,036 million shares trading.

BHIL has a beta of 6.32, meaning it tends to be more sensitive to market movements. BHIL has a correlation of 0.25 to the broad based SPY ETF.

BHIL has a market cap of $44.52 million. This is considered a Sub-Micro Cap stock.

Last quarter Benson Hill reported $21 million in Revenue and -$.14 earnings per share. This fell short of revenue expectation by $-7 million and missed earnings estimates by -$.05.

The top ETF exchange traded funds that BHIL belongs to (by Net Assets): IWM, VTI, IWN, VXF, VDC.

BHIL stock has underperformed the market in the last year with a return of -87.3%, while SPY returned +28.1%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in BHIL shares. However, BHIL has outperformed the market in the last 3 month and 2 week periods, returning +8.2% and +5.1%, while SPY returned +6.9% and +2.5%, respectively. This indicates BHIL has been having a stronger performance recently.

BHIL support price is $.20 and resistance is $.23 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BHIL stock will trade within this expected range on the day.