OPAL Fuels Inc. (NASDAQ:OPAL – Get Free Report) has been given an average recommendation of “Moderate Buy” by the six ratings firms that are currently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $10.43.
OPAL has been the topic of several analyst reports. UBS Group dropped their target price on shares of OPAL Fuels from $11.00 to $8.00 and set a “buy” rating on the stock in a research note on Tuesday, March 19th. The Goldman Sachs Group dropped their price target on shares of OPAL Fuels from $5.80 to $5.00 and set a “sell” rating on the stock in a report on Friday, March 15th. Scotiabank decreased their price objective on shares of OPAL Fuels from $10.50 to $8.00 and set a “sector outperform” rating for the company in a report on Thursday. B. Riley decreased their target price on shares of OPAL Fuels from $14.00 to $10.00 and set a “buy” rating for the company in a research note on Thursday, March 7th. Finally, Stifel Nicolaus dropped their price target on OPAL Fuels from $14.00 to $13.00 and set a “buy” rating on the stock in a research note on Tuesday, January 23rd.
Check Out Our Latest Stock Report on OPAL Fuels
Institutional Trading of OPAL Fuels
OPAL Fuels Price Performance
NASDAQ:OPAL opened at $4.77 on Friday. OPAL Fuels has a 1-year low of $4.43 and a 1-year high of $8.46. The company has a market capitalization of $822.73 million, a PE ratio of 6.81 and a beta of 0.52. The firm’s 50-day moving average price is $4.84 and its 200-day moving average price is $5.55.
OPAL Fuels (NASDAQ:OPAL – Get Free Report) last posted its quarterly earnings data on Wednesday, March 13th. The company reported $0.11 earnings per share for the quarter, missing analysts’ consensus estimates of $0.22 by ($0.11). The company had revenue of $87.01 million for the quarter, compared to the consensus estimate of $98.77 million. OPAL Fuels had a net margin of 10.61% and a negative return on equity of 1.07%. Equities analysts anticipate that OPAL Fuels will post 0.59 EPS for the current fiscal year.
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.
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