In the Green: Clean Energy Fuels Corp (CLNE) Closes at 2.32, Up/Down 0.00 from Previous Day

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 1.33 million shares were traded. CLNE stock price reached its highest trading level at $2.39 during the session, while it also had its lowest trading level at $2.26.

Ratios:

For a deeper understanding of Clean Energy Fuels Corp’s stock, let’s take a closer look at its various 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 517970176 and an Enterprise Value of 622151296. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.22 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 1.463 whereas that against EBITDA is -19.069.

Stock Price History:

The Beta on a monthly basis for CLNE is 2.09, which has changed by -0.43961352 over the last 52 weeks, in comparison to a change of 0.23568535 over the same period for the S&P500. Over the past 52 weeks, CLNE has reached a high of $5.25, while it has fallen to a 52-week low of $2.17. The 50-Day Moving Average of the stock is -10.16%, while the 200-Day Moving Average is calculated to be -33.81%.

Shares Statistics:

For the past three months, CLNE has traded an average of 1.69M shares per day and 1380210 over the past ten days. A total of 223.03M shares are outstanding, with a floating share count of 164.67M. Insiders hold about 26.23% of the company’s shares, while institutions hold 49.23% stake in the company. Shares short for CLNE as of 1713139200 were 14074952 with a Short Ratio of 8.31, compared to 1710460800 on 13856584. Therefore, it implies a Short% of Shares Outstanding of 14074952 and a Short% of Float of 8.32.

Earnings Estimates

Currently, 9.0 analysts are dedicated to thoroughly evaluating and rating the performance of Clean Energy Fuels Corp (CLNE) in the stock market.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 8.0 analysts recommending between $0.16 and -$0.09.

Revenue Estimates

A total of 7 analysts believe the company’s revenue will be $99.57M this quarter.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 $132.18MFor the next quarter, 7 analysts are estimating revenue of $106.25M. 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 $504.9M, while the lowest revenue estimate was $391.81M, resulting in an average revenue estimate of $439.66M. In the same quarter a year ago, actual revenue was $425.16MBased on 7 analysts’ estimates, the company’s revenue will be $487.34M in the next fiscal year. The high estimate is $558.5M and the low estimate is $394.44M.

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