The price of Clean Energy Fuels Corp (NASDAQ: CLNE) closed at $2.95 in the last session, up 1.03% from day before closing price of $2.92. In other words, the price has increased by $+0.0300 from its previous closing price. On the day, 2073016 shares were traded.
Ratios:
We take a closer look at CLNE’s different ratios to gain a better understanding of the stock. 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 651.24M and an Enterprise Value of 746.60M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.55 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 1.76 whereas that against EBITDA is -9.62.
Stock Price History:
Over the past 52 weeks, CLNE has reached a high of $5.27, while it has fallen to a 52-week low of $2.74. The 50-Day Moving Average of the stock is 3.2974, while the 200-Day Moving Average is calculated to be 3.9402.
Shares Statistics:
According to the various share statistics, CLNE traded on average about 1.76M shares per day over the past 3-months and 1.74M shares per day over the past 10 days. A total of 223.03M shares are outstanding, with a floating share count of 165.67M. Insiders hold about 25.71% of the company’s shares, while institutions hold 49.18% stake in the company. Shares short for CLNE as of Feb 15, 2024 were 12.56M with a Short Ratio of 7.15, 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
The company has 9 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.03 for the current quarter, with a high estimate of $0.02 and a low estimate of -$0.14, while EPS last year was -$0.07. The consensus estimate for the next quarter is -$0.02, with high estimates of $0.04 and low estimates of -$0.12.
Analysts are recommending an EPS of between $0.12 and -$0.45 for the fiscal current year, implying an average EPS of -$0.07. EPS for the following year is $0.12, with 7 analysts recommending between $0.28 and -$0.09.
Revenue Estimates
According to 8 analysts, the current quarter’s revenue is expected to be $101.06M. It ranges from a high estimate of $118M to a low estimate of $89.8M. As of the current estimate, Clean Energy Fuels Corp’s year-ago sales were $132.18M, an estimated decrease of -23.50% from the year-ago figure. For the next quarter, 8 analysts are estimating revenue of $105.37M, an increase of 16.40% over than the figure of -$23.50% in the same quarter last year. There is a high estimate of $116.5M for the next quarter, whereas the lowest estimate is $91.7M.
A total of 9 analysts have provided revenue estimates for CLNE’s current fiscal year. The highest revenue estimate was $524.4M, while the lowest revenue estimate was $378.7M, resulting in an average revenue estimate of $438.98M. In the same quarter a year ago, actual revenue was $425.16M, up 3.30% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $497.11M in the next fiscal year. The high estimate is $626.2M and the low estimate is $394.44M. The average revenue growth estimate for next year is up 13.20% from the average revenue estimate for this year.
