OPAL Fuels (OPAL) Projected to Post Earnings on Thursday

OPAL Fuels (NASDAQ:OPAL) is expected to announce its earnings results after the market closes on Thursday, March 13th. Analysts expect the company to announce earnings of $0.44 per share and revenue of $90.94 million for the quarter. Parties that wish to listen to the company’s conference call can do so using this link.

OPAL Fuels Stock Down 3.0 %

Shares of OPAL Fuels stock opened at $2.28 on Tuesday. The business has a fifty day simple moving average of $3.03 and a 200 day simple moving average of $3.41. The stock has a market cap of $394.05 million, a PE ratio of 12.67 and a beta of 0.56. OPAL Fuels has a 12 month low of $2.25 and a 12 month high of $5.18.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group decreased their target price on OPAL Fuels from $3.90 to $3.40 and set a “sell” rating for the company in a research report on Thursday, January 23rd. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and three have assigned a buy rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $6.78.

About OPAL Fuels

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.