Should I buy or sell Montauk Renewables stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Montauk Renewables in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MNTK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MNTK, but not buy additional shares or sell existing shares. View MNTK analyst ratings or view top-rated stocks .

What is Montauk Renewables' stock price target for 2024?

4 Wall Street analysts have issued 1 year price targets for Montauk Renewables' shares. Their MNTK share price targets range from $7.00 to $9.50. On average, they expect the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 129.9% from the stock's current price. View analysts price targets for MNTK or view top-rated stocks among Wall Street analysts .

How have MNTK shares performed in 2024?

Montauk Renewables' stock was trading at $8.91 on January 1st, 2024. Since then, MNTK stock has decreased by 60.9% and is now trading at $3.48. View the best growth stocks for 2024 here .

When is Montauk Renewables' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our MNTK earnings forecast .

How were Montauk Renewables' earnings last quarter?

Montauk Renewables, Inc. (NASDAQ:MNTK) issued its quarterly earnings data on Thursday, March, 14th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.06 by $0.02. The firm earned $46.81 million during the quarter, compared to analysts' expectations of $52.86 million. Montauk Renewables had a net margin of 8.55% and a trailing twelve-month return on equity of 6.32%.

What ETFs hold Montauk Renewables' stock?

ETFs with the largest weight of Montauk Renewables (NASDAQ:MNTK) stock in their portfolio include Ecofin U.S. Renewables Infrastructure Trust (RNEW) , Strategy Shares Halt Climate Change ETF (NZRO) , First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) and SPDR S&P Kensho Clean Power ETF (CNRG) .

What guidance has Montauk Renewables issued on next quarter's earnings?

Montauk Renewables issued an update on its FY 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $213.0 million-$234.0 million, compared to the consensus revenue estimate of $237.0 million.

When did Montauk Renewables IPO?

Montauk Renewables (MNTK) raised $29 million in an initial public offering on Friday, January 22nd 2021. The company issued 3,900,000 shares at $7.00-$8.00 per share. Roth Capital Partners acted as the underwriter for the IPO.

How do I buy shares of Montauk Renewables?

Shares of MNTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NASDAQ:MNTK

Montauk Renewables (MNTK) Stock Price, News & Analysis

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$3.48

+0.05 (+1.46%)

(As of 04/19/2024 ET)

Compare

Today's Range: $3.41
▼
$3.56
50-Day Range: $3.43
▼
$6.70
52-Week Range: $3.38
▼
$10.95

Volume: 289,052 shs
Average Volume: 408,391 shs
Market Capitalization: $500.08 million

P/E Ratio: 31.64
Dividend Yield: N/A
Price Target: $8.00

Get Montauk Renewables alerts:

Montauk Renewables MarketRank™ Stock Analysis

Analyst Rating: Hold
2.25 Rating Score
Upside/Downside: 129.9% Upside
$8.00 Price Target
Short Interest: N/A
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: -0.05
Based on 3 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 27.59%
From $0.29 to $0.37 Per Share

Overall MarketRank^™

New Rank-Based ScoringMarketRank^™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.58 out of 5 stars

Oils/Energy Sector

146th out of 232 stocks

Gas & Other Services Combined Industry

4th out of 5 stocks

3.1

Analyst's Opinion

Consensus Rating
Montauk Renewables has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on 1 buy rating, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Montauk Renewables has only been the subject of 2 research reports in the past 90 days.

N/A

Short Interest

Short Interest
There is no current short interest data available for MNTK.

0.0

Dividend Strength

Dividend Yield
Montauk Renewables does not currently pay a dividend.
Dividend Growth
Montauk Renewables does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for MNTK.

1.6

News and Social Media Coverage

News Sentiment
Montauk Renewables has a news sentiment score of -0.05. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Montauk Renewables this week, compared to 1 article on an average week.
MarketBeat Follows
3 people have added Montauk Renewables to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Montauk Renewables insiders have not sold or bought any company stock.
Percentage Held by Insiders
54.20% of the stock of Montauk Renewables is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 16.35% of the stock of Montauk Renewables is held by institutions.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Montauk Renewables are expected to grow by 27.59% in the coming year, from $0.29 to $0.37 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Montauk Renewables is 31.64, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.14.
Price to Earnings Ratio vs. Sector
The P/E ratio of Montauk Renewables is 31.64, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 14.37.
Price to Book Value per Share Ratio
Montauk Renewables has a P/B Ratio of 2.00. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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About Montauk Renewables Stock (NASDAQ:MNTK)

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. Its customers for RNG and renewable identification numbers (RIN) include large, long-term owner-operators of landfills and livestock farms, local utilities, and large refiners in the natural gas and refining sectors. Montauk Renewables, Inc. was founded in 1980 and is headquartered in Pittsburgh, Pennsylvania.

MNTK Stock Price History

30 days | 90 days | 365 days | Advanced Chart

MNTK Stock News Headlines

April 18, 2024 | americanbankingnews.com

Montauk Renewables (NASDAQ:MNTK) Shares Gap Down to $4.10

April 17, 2024 | msn.com

Montauk Renewables (MNTK) Price Target Decreased by 16.42% to 7.14

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

April 13, 2024 | americanbankingnews.com

Montauk Renewables (NASDAQ:MNTK) PT Lowered to $8.00

March 27, 2024 | uk.investing.com

Montauk Renewables Inc (MNTK)

March 21, 2024 | seekingalpha.com

Montauk Renewables: Financially Sound, But Beware Of Operational Risks

March 20, 2024 | investing.com

Earnings call: Montauk Renewables reports decreased revenue in 2023

March 16, 2024 | marketwatch.com

Montauk Renewables Shares Drop 14% After FY23 Earnings, Revenue Misses

April 20, 2024 | Altimetry (Ad)

Secret Bull Market Starts in This Unusual Sector

March 16, 2024 | ca.finance.yahoo.com

DUK Jan 2026 65.000 call

March 16, 2024 | ca.finance.yahoo.com

DUK Oct 2024 70.000 call

March 15, 2024 | benzinga.com

Earnings Outlook For Montauk Renewables

March 15, 2024 | finance.yahoo.com

Q4 2023 Montauk Renewables Inc Earnings Call

March 14, 2024 | investorplace.com

MNTK Stock Earnings: Montauk Renewables Misses EPS, Misses Revenue for Q4 2023

March 14, 2024 | seekingalpha.com

Montauk Renewables, Inc. 2023 Q4 - Results - Earnings Call Presentation

March 14, 2024 | benzinga.com

Recap: Montauk Renewables Q4 Earnings

March 14, 2024 | msn.com

Montauk Renewables GAAP EPS of $0.11 misses by $0.04, revenue of $174.9M misses by $10.07M

March 14, 2024 | finance.yahoo.com

Montauk Renewables Inc Reports Decline in 2023 Earnings Amid Pricing Challenges

March 14, 2024 | globenewswire.com

Montauk Renewables Announces Full Year 2023 Results

March 14, 2024 | markets.businessinsider.com

Montauk Renewables earnings preview: what to expect

March 3, 2024 | msn.com

Montauk Renewables to Discuss 2023 Financial Results in Upcoming Conference Call

February 29, 2024 | globenewswire.com

Montauk Renewables Schedules Full Year 2023 Conference Call for Thursday, March 14, 2024, at 5:00 p.m. ET

February 20, 2024 | morningstar.com

Montauk Renewables Inc Ordinary Shares

February 3, 2024 | ca.finance.yahoo.com

MNTK Jul 2024 10.000 call

January 11, 2024 | finance.yahoo.com

Recent 6.2% pullback would hurt Montauk Renewables, Inc. (NASDAQ:MNTK) insiders

November 27, 2023 | msn.com

Montauk Renewables (MNTK) Price Target Increased by 8.63% to 9.31

November 14, 2023 | msn.com

Scotiabank Upgrades Montauk Renewables (MNTK)

See More Headlines

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Company Calendar

Last Earnings: 3/14/2024
Today: 4/19/2024
Next Earnings (Estimated): 5/08/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Oils/Energy
Industry: Gas & other services combined
Sub-Industry: N/A
Current Symbol: NASDAQ:MNTK
CUSIP: N/A
CIK: 1826600
Web: montaukenergy.com
Phone: 412-747-8700
Fax: N/A
Employees: 151
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $8.00
High Stock Price Target: $9.50
Low Stock Price Target: $7.00
Potential Upside/Downside: +129.9%
Consensus Rating: Hold
Rating Score (0-4): 2.25
Research Coverage: 4 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.11
Trailing P/E Ratio: 31.64
Forward P/E Ratio: 12.00
P/E Growth: N/A
Net Income: $14.95 million
Net Margins: 8.55%
Pretax Margin: 10.50%
Return on Equity: 6.32%
Return on Assets: 4.41%

Debt

Debt-to-Equity Ratio: 0.22
Current Ratio: 3.07
Quick Ratio: 3.07

Sales & Book Value

Annual Sales: $174.90 million
Price / Sales: 2.86
Cash Flow: $0.25 per share
Price / Cash Flow: 13.82
Book Value: $1.74 per share
Price / Book: 2.00

Miscellaneous

Outstanding Shares: 143,700,000
Free Float: 65,814,000
Market Cap: $500.08 million
Optionable: Optionable
Beta: -0.49

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Key Executives

Mr. Sean F. McClain B.S. (Age 49)
CPA, M.B.A., President, CEO & Director
Comp: $452.59k
Mr. Kevin Andrew Van Asdalan B.Sc. (Age 45)
C.P.A., M.B.A., CFO & Treasurer
Comp: $335.34k
Mr. John Ciroli (Age 52)
Chief Legal Officer & Secretary
Comp: $325.05k
Mr. James A. Shaw (Age 52)
Vice President of Operations

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

MNTK Stock Analysis - Frequently Asked Questions

Should I buy or sell Montauk Renewables stock right now?: 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Montauk Renewables in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" MNTK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MNTK, but not buy additional shares or sell existing shares.
View MNTK analyst ratings or view top-rated stocks.
What is Montauk Renewables' stock price target for 2024?: 4 Wall Street analysts have issued 1 year price targets for Montauk Renewables' shares. Their MNTK share price targets range from $7.00 to $9.50. On average, they expect the company's share price to reach $8.00 in the next twelve months. This suggests a possible upside of 129.9% from the stock's current price.
View analysts price targets for MNTK or view top-rated stocks among Wall Street analysts.
How have MNTK shares performed in 2024?: Montauk Renewables' stock was trading at $8.91 on January 1st, 2024. Since then, MNTK stock has decreased by 60.9% and is now trading at $3.48.
View the best growth stocks for 2024 here.
When is Montauk Renewables' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024.
View our MNTK earnings forecast.
How were Montauk Renewables' earnings last quarter?: Montauk Renewables, Inc. (NASDAQ:MNTK) issued its quarterly earnings data on Thursday, March, 14th. The company reported $0.04 EPS for the quarter, missing analysts' consensus estimates of $0.06 by $0.02. The firm earned $46.81 million during the quarter, compared to analysts' expectations of $52.86 million. Montauk Renewables had a net margin of 8.55% and a trailing twelve-month return on equity of 6.32%.

What ETFs hold Montauk Renewables' stock?: ETFs with the largest weight of Montauk Renewables (NASDAQ:MNTK) stock in their portfolio include Ecofin U.S. Renewables Infrastructure Trust (RNEW), Strategy Shares Halt Climate Change ETF (NZRO), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN) and SPDR S&P Kensho Clean Power ETF (CNRG).
What guidance has Montauk Renewables issued on next quarter's earnings?: Montauk Renewables issued an update on its FY 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $213.0 million-$234.0 million, compared to the consensus revenue estimate of $237.0 million.
When did Montauk Renewables IPO?: Montauk Renewables (MNTK) raised $29 million in an initial public offering on Friday, January 22nd 2021. The company issued 3,900,000 shares at $7.00-$8.00 per share. Roth Capital Partners acted as the underwriter for the IPO.
How do I buy shares of Montauk Renewables?: Shares of MNTK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MNTK) was last updated on 4/20/2024 by MarketBeat.com Staff

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Montauk Renewables (MNTK) Stock Price, News & Analysis

Montauk Renewables MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Short Interest

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Montauk Renewables Stock (NASDAQ:MNTK)

MNTK Stock Price History

MNTK Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Institutional Ownership

MNTK Stock Analysis - Frequently Asked Questions

Overall MarketRank^™