Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, New Fortress Energy Inc’s stock clocked out at $5.69, up 2.71% from its previous closing price of $5.54. In other words, the price has increased by $2.71 from its previous closing price. On the day, 5.32 million shares were traded. NFE stock price reached its highest trading level at $6.145 during the session, while it also had its lowest trading level at $5.62.
Ratios:
To gain a deeper understanding of NFE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.88 and its Current Ratio is at 0.94. In the meantime, Its Debt-to-Equity ratio is 5.11 whereas as Long-Term Debt/Eq ratio is at 4.75.
On October 03, 2024, Morgan Stanley Downgraded its rating to Equal-Weight which previously was Overweight and also lowered its target price recommendation from $35 to $15.
Deutsche Bank Downgraded its Hold to Sell on October 01, 2024, whereas the target price for the stock was revised from $21 to $7.60.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Mar 13 ’25 when Guinta Christopher S. bought 5,000 shares for $8.57 per share. The transaction valued at 42,850 led to the insider holds 206,653 shares of the business.
EDENS WESLEY R bought 100,000 shares of NFE for $907,000 on Mar 12 ’25. The Chief Executive Officer now owns 36,021,915 shares after completing the transaction at $9.07 per share. On Mar 11 ’25, another insider, EDENS WESLEY R, who serves as the Chief Executive Officer of the company, bought 200,000 shares for $8.77 each. As a result, the insider paid 1,754,000 and bolstered with 35,921,915 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NFE now has a Market Capitalization of 1557762688 and an Enterprise Value of 10776468480. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.66 while its Price-to-Book (P/B) ratio in mrq is 0.81. Its current Enterprise Value per Revenue stands at 4.578 whereas that against EBITDA is 13.526.
Stock Price History:
The Beta on a monthly basis for NFE is 1.51, which has changed by -0.7977967 over the last 52 weeks, in comparison to a change of 0.05430484 over the same period for the S&P500. Over the past 52 weeks, NFE has reached a high of $29.11, while it has fallen to a 52-week low of $4.72. The 50-Day Moving Average of the stock is -39.67%, while the 200-Day Moving Average is calculated to be -53.53%.
Shares Statistics:
It appears that NFE traded 6.71M shares on average per day over the past three months and 11004110 shares per day over the past ten days. A total of 266.46M shares are outstanding, with a floating share count of 177.82M. Insiders hold about 35.05% of the company’s shares, while institutions hold 65.64% stake in the company. Shares short for NFE as of 1743379200 were 39854837 with a Short Ratio of 5.94, compared to 1740700800 on 31646211. Therefore, it implies a Short% of Shares Outstanding of 39854837 and a Short% of Float of 27.089999999999996.
Dividends & Splits
With its trailing 12-month dividend rate of 0.3, NFE has a forward annual dividend rate of 0.10. Against a Trailing Annual Dividend Yield of 0.05415163
Earnings Estimates
Investors are keenly observing as 3.0 analysts analyze and rate the current performance of New Fortress Energy Inc (NFE) in the stock market.The consensus estimate for the next quarter is $0.07, with high estimates of $0.07 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.55 and $0.55 for the fiscal current year, implying an average EPS of $0.55. EPS for the following year is $1.11, with 1.0 analysts recommending between $1.11 and $1.11.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $548.09M. It ranges from a high estimate of $614.5M to a low estimate of $481.67M. As of the current estimate, New Fortress Energy Inc’s year-ago sales were $690.32MFor the next quarter, 2 analysts are estimating revenue of $531.28M. There is a high estimate of $612.1M for the next quarter, whereas the lowest estimate is $450.45M.
A total of 3 analysts have provided revenue estimates for NFE’s current fiscal year. The highest revenue estimate was $3.14B, while the lowest revenue estimate was $2.01B, resulting in an average revenue estimate of $2.58B. In the same quarter a year ago, actual revenue was $2.36BBased on 2 analysts’ estimates, the company’s revenue will be $3.54B in the next fiscal year. The high estimate is $3.68B and the low estimate is $3.41B.
