As of close of business last night, Clean Energy Fuels Corp’s stock clocked out at $2.49, down -1.19% from its previous closing price of $2.52. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 1454031 shares were traded.
Ratios:
To gain a deeper understanding of CLNE’s stock, we examine 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 562.56M and an Enterprise Value of 659.94M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.31 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 1.55 whereas that against EBITDA is -20.67.
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 $2.32. The 50-Day Moving Average of the stock is 2.8188, while the 200-Day Moving Average is calculated to be 3.6970.
Shares Statistics:
It appears that CLNE traded 1.65M shares on average per day over the past three months and 1.81M shares per day over the past ten days. A total of 223.03M shares are outstanding, with a floating share count of 165.00M. Insiders hold about 26.09% of the company’s shares, while institutions hold 49.14% stake in the company. Shares short for CLNE as of Mar 15, 2024 were 13.86M with a Short Ratio of 8.41, compared to 12.56M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.21% and a Short% of Float of 8.24%.
Earnings Estimates
As of right now, 8 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.04 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 -$0.03, with high estimates of $0.01 and low estimates of -$0.12.
Analysts are recommending an EPS of between -$0.01 and -$0.45 for the fiscal current year, implying an average EPS of -$0.11. EPS for the following year is $0.05, with 7 analysts recommending between $0.16 and -$0.09.
Revenue Estimates
In the current quarter, 7 analysts expect revenue to total $98.93M. It ranges from a high estimate of $112M 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 -25.20% from the year-ago figure. For the next quarter, 7 analysts are estimating revenue of $106.25M, an increase of 17.30% over than the figure of -$25.20% 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 8 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 $440M. In the same quarter a year ago, actual revenue was $425.16M, up 3.50% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $492.42M 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 11.90% from the average revenue estimate for this year.
