Montauk Renewables Inc (NASDAQ: MNTK) closed the day trading at $4.29 down -15.72% from the previous closing price of $5.09. In other words, the price has decreased by -$0.8000 from its previous closing price. On the day, 1438117 shares were traded.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
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 615.75M and an Enterprise Value of 610.03M. As of this moment, Montauk’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.86, and their Forward P/E ratio for the next fiscal year is 14.54. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.52 while its Price-to-Book (P/B) ratio in mrq is 2.43. Its current Enterprise Value per Revenue stands at 3.49 whereas that against EBITDA is 13.47.
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 $4.36. The 50-Day Moving Average of the stock is 6.5791, while the 200-Day Moving Average is calculated to be 8.3047.
Shares Statistics:
Over the past 3-months, MNTK traded about 295.13K shares per day on average, while over the past 10 days, MNTK traded about 609.6k 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 Feb 29, 2024 were 2.12M with a Short Ratio of 7.17, compared to 2.04M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.47% and a Short% of Float of 4.57%.
Earnings Estimates
Current recommendations for the stock of the company come from 3 analysts. On average, analysts expect EPS of $0.07 for the current quarter, with a high estimate of $0.09 and a low estimate of $0.05, while EPS last year was -$0.03. The consensus estimate for the next quarter is $0.07, with high estimates of $0.08 and low estimates of $0.07.
Analysts are recommending an EPS of between $0.35 and $0.29 for the fiscal current year, implying an average EPS of $0.32. EPS for the following year is $0.44, with 4 analysts recommending between $0.52 and $0.37.
Revenue Estimates
1 analysts predict $53.04M in revenue for the current quarter. It ranges from a high estimate of $53.04M to a low estimate of $53.04M. As of the current estimate, Montauk Renewables Inc’s year-ago sales were $39.9M, an estimated increase of 32.90% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $57.62M, an increase of 27.30% less than the figure of $32.90% in the same quarter last year. There is a high estimate of $57.62M for the next quarter, whereas the lowest estimate is $57.62M.
A total of 2 analysts have provided revenue estimates for MNTK’s current fiscal year. The highest revenue estimate was $248.87M, while the lowest revenue estimate was $225.07M, resulting in an average revenue estimate of $236.97M. In the same quarter a year ago, actual revenue was $174.9M, up 35.50% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $262.77M in the next fiscal year. The high estimate is $281.11M and the low estimate is $244.44M. The average revenue growth estimate for next year is up 10.90% from the average revenue estimate for this year.
