FY2025 Earnings Forecast for OPAL Fuels Issued By Scotiabank

OPAL Fuels Inc. (NASDAQ:OPAL) – Scotiabank increased their FY2025 earnings per share estimates for OPAL Fuels in a research report issued on Wednesday, January 8th. Scotiabank analyst P. Cheng now expects that the company will post earnings per share of $0.73 for the year, up from their prior estimate of $0.71. The consensus estimate for OPAL Fuels’ current full-year earnings is $0.75 per share.

OPAL Fuels Stock Performance

OPAL Fuels stock opened at $3.28 on Friday. OPAL Fuels has a one year low of $2.96 and a one year high of $5.18. The company has a 50-day simple moving average of $3.55 and a 200-day simple moving average of $3.70. The firm has a market capitalization of $566.88 million, a P/E ratio of 18.22 and a beta of 0.54.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of OPAL. Marshall Wace LLP bought a new stake in shares of OPAL Fuels during the second quarter valued at approximately $389,000. Sanctuary Advisors LLC bought a new stake in OPAL Fuels during the 2nd quarter valued at $93,000. Inspire Investing LLC bought a new stake in OPAL Fuels during the 3rd quarter valued at $430,000. GSA Capital Partners LLP boosted its position in OPAL Fuels by 69.3% during the 3rd quarter. GSA Capital Partners LLP now owns 96,056 shares of the company’s stock worth $351,000 after acquiring an additional 39,325 shares during the period. Finally, Janus Henderson Group PLC grew its stake in shares of OPAL Fuels by 83.5% in the third quarter. Janus Henderson Group PLC now owns 21,727 shares of the company’s stock worth $79,000 after purchasing an additional 9,885 shares in the last quarter. Institutional investors own 12.16% of the company’s stock.

OPAL Fuels Company Profile

OPAL Fuels Inc, together with its subsidiaries, engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel.