The closing price of Clean Energy Fuels Corp (NASDAQ: CLNE) was $2.48 for the day, up 0.40% from the previous closing price of $2.47. In other words, the price has increased by $+0.0100 from its previous closing price. On the day, 1126402 shares were traded.
Ratios:
Our analysis of CLNE’s different ratios will help us gain a deeper understanding of the company. 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 555.93M and an Enterprise Value of 653.31M. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 1.54 whereas that against EBITDA is -20.47.
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 2.7888, while the 200-Day Moving Average is calculated to be 3.7015.
Shares Statistics:
CLNE traded an average of 1.67M shares per day over the past three months and 1.79M 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 8.29, 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
The firm’s stock currently is rated by 8 analysts. 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
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. 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 -24.70% 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 -$24.70% 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 $440.6M. In the same quarter a year ago, actual revenue was $425.16M, up 3.60% 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 11.80% from the average revenue estimate for this year.
