New Fortress Energy (NASDAQ:NFE – Get Free Report) is expected to post its Q2 2025 quarterly earnings results before the market opens on Friday, August 8th. Analysts expect New Fortress Energy to post earnings of ($0.54) per share and revenue of $480.47 million for the quarter.
New Fortress Energy Price Performance
Shares of NASDAQ:NFE opened at $2.72 on Friday. The company’s fifty day moving average price is $3.20 and its 200-day moving average price is $7.27. The firm has a market capitalization of $745.82 million, a price-to-earnings ratio of -1.21 and a beta of 1.30. New Fortress Energy has a one year low of $2.01 and a one year high of $20.05. The company has a debt-to-equity ratio of 4.77, a current ratio of 1.00 and a quick ratio of 0.95.
Wall Street Analyst Weigh In
NFE has been the topic of a number of analyst reports. BTIG Research cut shares of New Fortress Energy from a “buy” rating to a “neutral” rating in a research report on Thursday, June 26th. Stifel Nicolaus lowered their price target on shares of New Fortress Energy from $16.00 to $14.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Morgan Stanley set a $4.00 price objective on shares of New Fortress Energy and gave the company an “equal weight” rating in a research note on Tuesday, May 27th. Compass Point began coverage on shares of New Fortress Energy in a research note on Tuesday, July 1st. They set a “buy” rating and a $8.50 price objective for the company. Finally, New Street Research set a $8.50 price objective on shares of New Fortress Energy in a research note on Monday, June 30th. Four investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $9.75.
Institutional Investors Weigh In On New Fortress Energy
Several large investors have recently bought and sold shares of the business. AQR Capital Management LLC bought a new position in shares of New Fortress Energy in the first quarter worth about $390,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in shares of New Fortress Energy by 42.2% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 280,706 shares of the company’s stock worth $2,333,000 after purchasing an additional 83,279 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in shares of New Fortress Energy by 133.4% in the first quarter. Goldman Sachs Group Inc. now owns 865,826 shares of the company’s stock worth $7,195,000 after purchasing an additional 494,848 shares during the last quarter. Institutional investors own 58.61% of the company’s stock.
New Fortress Energy Company Profile
New Fortress Energy Inc operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation.
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