In the latest session, Montauk Renewables Inc (NASDAQ: MNTK) closed at $5.68 up 1.25% from its previous closing price of $5.61. In other words, the price has increased by $+0.07 from its previous closing price. On the day, 541422 shares were traded.
Ratios:
For a deeper understanding of Montauk Renewables Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.55 and its Current Ratio is at 3.55. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.25.
On September 29, 2023, Scotiabank started tracking the stock assigning a Sector Perform rating and target price of $9.
On June 27, 2023, B. Riley Securities started tracking the stock assigning a Neutral rating and target price of $6.50.B. Riley Securities initiated its Neutral rating on June 27, 2023, with a $6.50 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 805.94M and an Enterprise Value of 802.80M. As of this moment, Montauk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 50.09, and their Forward P/E ratio for the next fiscal year is 19.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.57 while its Price-to-Book (P/B) ratio in mrq is 3.31. Its current Enterprise Value per Revenue stands at 4.52 whereas that against EBITDA is 17.39.
Stock Price History:
Over the past 52 weeks, MNTK has reached a high of $10.95, while it has fallen to a 52-week low of $5.46. The 50-Day Moving Average of the stock is 7.51, while the 200-Day Moving Average is calculated to be 8.39.
Shares Statistics:
For the past three months, MNTK has traded an average of 253.69K shares per day and 342.56k over the past ten days. A total of 141.63M shares are outstanding, with a floating share count of 45.75M. Insiders hold about 68.16% of the company’s shares, while institutions hold 20.45% stake in the company. Shares short for MNTK as of Feb 15, 2024 were 2.12M with a Short Ratio of 8.35, compared to 2.27M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.47% and a Short% of Float of 4.57%.
Earnings Estimates
There are 4 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.08 for the current quarter, with a high estimate of $0.12 and a low estimate of $0.05, while EPS last year was $0.05. The consensus estimate for the next quarter is $0.07, with high estimates of $0.09 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.19 and $0.13 for the fiscal current year, implying an average EPS of $0.16. EPS for the following year is $0.32, with 4 analysts recommending between $0.35 and $0.29.
Revenue Estimates
A total of 2 analysts believe the company’s revenue will be $61.61M this quarter.It ranges from a high estimate of $62.34M to a low estimate of $60.87M. As of the current estimate, Montauk Renewables Inc’s year-ago sales were $49.64M, an estimated increase of 24.10% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $53.04M, an increase of 32.90% over than the figure of $24.10% in the same quarter last year. There is a high estimate of $53.04M for the next quarter, whereas the lowest estimate is $53.04M.
A total of 2 analysts have provided revenue estimates for MNTK’s current fiscal year. The highest revenue estimate was $191.36M, while the lowest revenue estimate was $188.97M, resulting in an average revenue estimate of $190.16M. In the same quarter a year ago, actual revenue was $205.56M, down -7.50% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $237.67M in the next fiscal year. The high estimate is $248.87M and the low estimate is $226.47M. The average revenue growth estimate for next year is up 25.00% from the average revenue estimate for this year.
