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As of close of business last night, Montauk Renewables Inc’s stock clocked out at $1.82, down -10.34% from its previous closing price of $2.03. In other words, the price has decreased by -$10.34 from its previous closing price. On the day, 0.54 million shares were traded. MNTK stock price reached its highest trading level at $2.08 during the session, while it also had its lowest trading level at $1.76.
Ratios:
To gain a deeper understanding of MNTK’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.77 and its Current Ratio is at 0.77. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.24.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of. The stock’s future direction. In the most recent recommendation for the company, Scotiabank on September 03, 2024, Downgraded its rating to Sector Perform and sets its target price to $6 from $8 previously.
On November 13, 2023, Scotiabank Upgraded its rating to Sector Outperform which previously was Sector Perform but kept the price unchanged to $9.
On September 29, 2023, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $9.Scotiabank initiated its Sector Perform rating on September 29, 2023, with a $9 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MNTK now has a Market Capitalization of 258907056 and an Enterprise Value of 305835392. As of this moment, Montauk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 97.33, and their Forward P/E ratio for the next fiscal year is 21.19. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.43 while its Price-to-Book (P/B) ratio in mrq is 1.02. Its current Enterprise Value per Revenue stands at 1.687 whereas that against EBITDA is 7.595.
Stock Price History:
The Beta on a monthly basis for MNTK is 0.06, which has changed by -0.6633499 over the last 52 weeks, in comparison to a change of 0.15566266 over the same period for the S&P500. Over the past 52 weeks, MNTK has reached a high of $6.04, while it has fallen to a 52-week low of $1.68. The 50-Day Moving Average of the stock is -13.82%, while the 200-Day Moving Average is calculated to be -26.28%.
Shares Statistics:
It appears that MNTK traded 171.82K shares on average per day over the past three months and 94520 shares per day over the past ten days. A total of 143.10M shares are outstanding, with a floating share count of 46.30M. Insiders hold about 67.45% of the company’s shares, while institutions hold 14.89% stake in the company. Shares short for MNTK as of 1760486400 were 1195275 with a Short Ratio of 6.96, compared to 1757894400 on 1098484. Therefore, it implies a Short% of Shares Outstanding of 1195275 and a Short% of Float of 4.22.
Earnings Estimates
. The current rating of Montauk Renewables Inc (MNTK) is the result of assessments by 1.0 analysts actively engaged in evaluating its market dynamics.The consensus estimate for the next quarter is $0.03, with high estimates of $0.03 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.01 and -$0.04 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is $0.05, with 2.0 analysts recommending between $0.09 and $0.02.
Revenue Estimates
In. The current quarter, 2 analysts expect revenue to total $43.72M. It ranges from a high estimate of $44.02M to a low estimate of $43.41M. As of. The current estimate, Montauk Renewables Inc’s year-ago sales were $65.92MFor the next quarter, 2 analysts are estimating revenue of $45.24M. There is a high estimate of $46.45M for the next quarter, whereas the lowest estimate is $44.03M.
A total of 2 analysts have provided revenue estimates for MNTK’s current fiscal year. The highest revenue estimate was $177.59M, while the lowest revenue estimate was $175.78M, resulting in an average revenue estimate of $176.69M. In the same quarter a year ago, actual revenue was $175.74MBased on 2 analysts’ estimates, the company’s revenue will be $214.12M in the next fiscal year. The high estimate is $242.58M and the low estimate is $185.67M.
