Montauk Renewables Inc (NASDAQ: MNTK) closed the day trading at $4.16 up 2.21% from the previous closing price of $4.07. In other words, the price has increased by $+0.0900 from its previous closing price. On the day, 644845 shares were traded.
Ratios:
For a better understanding of MNTK, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.07 and its Current Ratio is at 3.07. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.24.
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 597.78M and an Enterprise Value of 592.06M. As of this moment, Montauk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.62, and their Forward P/E ratio for the next fiscal year is 12.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.42 while its Price-to-Book (P/B) ratio in mrq is 2.36. Its current Enterprise Value per Revenue stands at 3.39 whereas that against EBITDA is 13.08.
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 $3.67. The 50-Day Moving Average of the stock is 5.8461, while the 200-Day Moving Average is calculated to be 8.1537.
Shares Statistics:
Over the past 3-months, MNTK traded about 360.67K shares per day on average, while over the past 10 days, MNTK traded about 690.89k shares per day. A total of 141.99M shares are outstanding, with a floating share count of 45.76M. Insiders hold about 68.16% of the company’s shares, while institutions hold 19.87% stake in the company. Shares short for MNTK as of Mar 15, 2024 were 2.55M with a Short Ratio of 7.08, compared to 2.12M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.78% and a Short% of Float of 5.50%.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.06 and a low estimate of -$0.03, while EPS last year was -$0.03. The consensus estimate for the next quarter is $0.08, with high estimates of $0.09 and low estimates of $0.06.
Analysts are recommending an EPS of between $0.29 and $0.21 for the fiscal current year, implying an average EPS of $0.26. EPS for the following year is $0.28, with 2 analysts recommending between $0.34 and $0.22.
Revenue Estimates
1 analysts predict $53.95M in revenue for the current quarter. It ranges from a high estimate of $53.95M to a low estimate of $53.95M. As of the current estimate, Montauk Renewables Inc’s year-ago sales were $39.9M, an estimated increase of 35.20% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $58.43M, an increase of 29.00% less than the figure of $35.20% in the same quarter last year. There is a high estimate of $58.43M for the next quarter, whereas the lowest estimate is $58.43M.
A total of 1 analysts have provided revenue estimates for MNTK’s current fiscal year. The highest revenue estimate was $236.06M, while the lowest revenue estimate was $236.06M, resulting in an average revenue estimate of $236.06M. In the same quarter a year ago, actual revenue was $174.9M, up 35.00% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $282.11M in the next fiscal year. The high estimate is $282.11M and the low estimate is $282.11M. The average revenue growth estimate for next year is up 19.50% from the average revenue estimate for this year.
