Clean Energy Fuels Corp (NASDAQ: CLNE) closed the day trading at $2.66 down -1.12% from the previous closing price of $2.69. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 1286118 shares were traded. CLNE stock price reached its highest trading level at $2.7350 during the session, while it also had its lowest trading level at $2.6500.
Ratios:
For a better understanding of CLNE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.59 and its Current Ratio is at 2.87. In the meantime, Its Debt-to-Equity ratio is 0.50 whereas as Long-Term Debt/Eq ratio is at 0.48.
On September 05, 2023, Northland Capital started tracking the stock assigning a Outperform rating and target price of $7.50.
On July 13, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $6.Stifel initiated its Buy rating on July 13, 2023, with a $6 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, CLNE now has a Market Capitalization of 600.51M and an Enterprise Value of 697.89M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.40 while its Price-to-Book (P/B) ratio in mrq is 0.82. Its current Enterprise Value per Revenue stands at 1.64 whereas that against EBITDA is -21.86.
Stock Price History:
Over the past 52 weeks, CLNE has reached a high of $5.25, while it has fallen to a 52-week low of $2.65. The 50-Day Moving Average of the stock is 3.1338, while the 200-Day Moving Average is calculated to be 3.8715.
Shares Statistics:
Over the past 3-months, CLNE traded about 1.83M shares per day on average, while over the past 10 days, CLNE traded about 2M shares per day. A total of 223.03M shares are outstanding, with a floating share count of 165.01M. Insiders hold about 26.08% of the company’s shares, while institutions hold 49.13% stake in the company. Shares short for CLNE as of Feb 15, 2024 were 12.56M with a Short Ratio of 6.87, compared to 11.7M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.63% and a Short% of Float of 7.48%.
Earnings Estimates
Current recommendations for the stock of the company come from 7 analysts. On average, analysts expect EPS of -$0.05 for the current quarter, with a high estimate of -$0.01 and a low estimate of -$0.14, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.04, with high estimates of $0.01 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.02 and -$0.45 for the fiscal current year, implying an average EPS of -$0.13. EPS for the following year is $0.03, with 6 analysts recommending between $0.12 and -$0.09.
Revenue Estimates
6 analysts predict $96.75M in revenue for the current quarter. It ranges from a high estimate of $103.2M to a low estimate of $92.7M. As of the current estimate, Clean Energy Fuels Corp’s year-ago sales were $132.18M, an estimated decrease of -26.80% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $106.96M, an increase of 18.10% over than the figure of -$26.80% in the same quarter last year. There is a high estimate of $116.5M for the next quarter, whereas the lowest estimate is $97.39M.
A total of 7 analysts have provided revenue estimates for CLNE’s current fiscal year. The highest revenue estimate was $512.4M, while the lowest revenue estimate was $391.81M, resulting in an average revenue estimate of $441.43M. In the same quarter a year ago, actual revenue was $425.16M, up 3.80% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $483.65M in the next fiscal year. The high estimate is $602M and the low estimate is $394.44M. The average revenue growth estimate for next year is up 9.60% from the average revenue estimate for this year.
