FY2025 EPS Estimate for Montauk Renewables Cut by Analyst

Montauk Renewables, Inc. (NASDAQ:MNTKFree Report) – Equities researchers at Scotiabank decreased their FY2025 earnings per share (EPS) estimates for shares of Montauk Renewables in a report released on Wednesday, January 8th. Scotiabank analyst P. Cheng now expects that the company will earn $0.10 per share for the year, down from their prior estimate of $0.19. The consensus estimate for Montauk Renewables’ current full-year earnings is $0.19 per share. Scotiabank also issued estimates for Montauk Renewables’ FY2026 earnings at $0.11 EPS.

Montauk Renewables Trading Down 5.1 %

Shares of NASDAQ:MNTK opened at $4.12 on Friday. The firm has a market cap of $590.68 million, a price-to-earnings ratio of 25.75 and a beta of -0.26. Montauk Renewables has a 12 month low of $3.38 and a 12 month high of $8.23. The company’s fifty day simple moving average is $4.33 and its 200 day simple moving average is $4.87. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.17.

Institutional Trading of Montauk Renewables

Hedge funds and other institutional investors have recently modified their holdings of the company. Point72 Asia Singapore Pte. Ltd. boosted its position in shares of Montauk Renewables by 105.0% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,898 shares of the company’s stock worth $26,000 after buying an additional 2,509 shares during the period. Bleakley Financial Group LLC bought a new stake in Montauk Renewables in the 3rd quarter valued at approximately $73,000. Townsquare Capital LLC acquired a new position in Montauk Renewables during the 3rd quarter worth approximately $75,000. SG Americas Securities LLC bought a new position in shares of Montauk Renewables during the 3rd quarter worth approximately $114,000. Finally, Principal Financial Group Inc. raised its holdings in shares of Montauk Renewables by 8.9% in the second quarter. Principal Financial Group Inc. now owns 25,902 shares of the company’s stock valued at $148,000 after purchasing an additional 2,107 shares during the last quarter. Institutional investors and hedge funds own 16.35% of the company’s stock.

Montauk Renewables Company Profile

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Montauk Renewables, Inc, a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects that captures methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid.

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