OPAL Fuels (NASDAQ:OPAL – Get Free Report) had its target price reduced by equities research analysts at The Goldman Sachs Group from $3.90 to $3.40 in a report released on Thursday,Benzinga reports. The firm presently has a “sell” rating on the stock. The Goldman Sachs Group’s price objective indicates a potential upside of 10.39% from the company’s current price.
OPAL Fuels Stock Performance
Shares of NASDAQ:OPAL opened at $3.08 on Thursday. The business’s 50-day simple moving average is $3.42 and its 200 day simple moving average is $3.64. The company has a market cap of $532.32 million, a P/E ratio of 17.11 and a beta of 0.54. OPAL Fuels has a one year low of $2.96 and a one year high of $5.18.
OPAL Fuels (NASDAQ:OPAL – Get Free Report) last issued its earnings results on Thursday, November 7th. The company reported $0.09 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.17 by ($0.08). The business had revenue of $84.05 million during the quarter, compared to the consensus estimate of $88.80 million. OPAL Fuels had a negative return on equity of 4.08% and a net margin of 3.30%. During the same period in the prior year, the business earned ($0.01) EPS. Analysts predict that OPAL Fuels will post 0.8 earnings per share for the current year.
Institutional Investors Weigh In On OPAL Fuels
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.
Read More
- Five stocks we like better than OPAL Fuels
- Canadian Penny Stocks: Can They Make You Rich?
- Why Energy Transfer Stock Could Soar to New Highs in 2025
- Learn Technical Analysis Skills to Master the Stock Market
- 3 Buy-and-Hold Stocks for Long-Term Growth
- Using the MarketBeat Stock Split Calculator
- Despite Short-Term Risks Freeport McMoran Worth a Look
Receive News & Ratings for OPAL Fuels Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for OPAL Fuels and related companies with MarketBeat.com's FREE daily email newsletter.