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After finishing at $1.79 in the prior trading day, Montauk Renewables Inc (NASDAQ: MNTK) closed at $1.83, up 2.23%. In other words, the price has increased by $2.23 from its previous closing price. On the day, 83853.0 shares were traded. MNTK stock price reached its highest trading level at $1.86 during the session, while it also had its lowest trading level at $1.785.
Ratios:
Our goal is to gain a better understanding of MNTK by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.33 and its Current Ratio is at 0.33. In the meantime, Its Debt-to-Equity ratio is 0.28 whereas as Long-Term Debt/Eq ratio is at 0.22.
Upgrades & Downgrades
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 260329632 and an Enterprise Value of 326244608. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.07. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62 while its Price-to-Book (P/B) ratio in mrq is 1.00. Its current Enterprise Value per Revenue stands at 2.03 whereas that against EBITDA is 12.857.
Stock Price History:
The Beta on a monthly basis for MNTK is 0.07, which has changed by -0.54797983 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, MNTK has reached a high of $4.96, while it has fallen to a 52-week low of $1.56. The 50-Day Moving Average of the stock is -2.85%, while the 200-Day Moving Average is calculated to be -11.91%.
Shares Statistics:
The stock has traded on average 162.67K shares per day over the past 3-months and 157060 shares per day over the last 10 days, according to various share statistics. A total of 143.16M shares are outstanding, with a floating share count of 42.76M. Insiders hold about 69.94% of the company’s shares, while institutions hold 14.80% stake in the company. Shares short for MNTK as of 1764288000 were 1128551 with a Short Ratio of 8.23, compared to 1761868800 on 1158669. Therefore, it implies a Short% of Shares Outstanding of 1128551 and a Short% of Float of 3.9899999999999998.
Earnings Estimates
. The current market rating for Montauk Renewables Inc (MNTK) reflects the collective analysis of 1.0 analysts closely monitoring its performance.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 $0.07 and -$0.01 for the fiscal current year, implying an average EPS of $0.03. EPS for the following year is $0.13, with 2.0 analysts recommending between $0.21 and $0.04.
Revenue Estimates
1 analysts predict $44.76M in revenue for. The current quarter. It ranges from a high estimate of $44.76M to a low estimate of $44.76M. As of. The current estimate, Montauk Renewables Inc’s year-ago sales were $27.69MFor the next quarter, 1 analysts are estimating revenue of $59.93M. There is a high estimate of $59.93M for the next quarter, whereas the lowest estimate is $59.93M.
A total of 1 analysts have provided revenue estimates for MNTK’s current fiscal year. The highest revenue estimate was $177.75M, while the lowest revenue estimate was $177.75M, resulting in an average revenue estimate of $177.75M. In the same quarter a year ago, actual revenue was $175.74MBased on 2 analysts’ estimates, the company’s revenue will be $213.29M in the next fiscal year. The high estimate is $242.58M and the low estimate is $184M.
