For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, New Fortress Energy Inc (NASDAQ: NFE) closed at $2.49 down -6.04% from its previous closing price of $2.65. In other words, the price has decreased by -$6.04 from its previous closing price. On the day, 9.78 million shares were traded.
Ratios:
For a deeper understanding of New Fortress Energy Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.95 and its Current Ratio is at 1.00. In the meantime, Its Debt-to-Equity ratio is 5.53 whereas as Long-Term Debt/Eq ratio is at 5.33.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.39.
Stock Price History:
Over the past 52 weeks, NFE has reached a high of $26.22, while it has fallen to a 52-week low of $2.26. The 50-Day Moving Average of the stock is -58.38%, while the 200-Day Moving Average is calculated to be -75.23%.
Shares Statistics:
A total of 273.80M shares are outstanding, with a floating share count of 178.04M. Insiders hold about 35.07% of the company’s shares, while institutions hold 72.97% stake in the company.
Earnings Estimates
The company has 1.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.25, with high estimates of -$0.25 and low estimates of -$0.25.
Analysts are recommending an EPS of between -$1.38 and -$1.38 for the fiscal current year, implying an average EPS of -$1.38. EPS for the following year is -$0.06, with 2.0 analysts recommending between $0.01 and -$0.13.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $480.47M this quarter.It ranges from a high estimate of $480.47M to a low estimate of $480.47M. As of the current estimate, New Fortress Energy Inc’s year-ago sales were $428.01MFor the next quarter, 1 analysts are estimating revenue of $538.52M. There is a high estimate of $538.52M for the next quarter, whereas the lowest estimate is $538.52M.
A total of 2 analysts have provided revenue estimates for NFE’s current fiscal year. The highest revenue estimate was $2.86B, while the lowest revenue estimate was $2.09B, resulting in an average revenue estimate of $2.48B. In the same quarter a year ago, actual revenue was $2.36BBased on 2 analysts’ estimates, the company’s revenue will be $3.2B in the next fiscal year. The high estimate is $3.43B and the low estimate is $2.96B.
