Montana Technologies Co. (NASDAQ:AIRJ - Free Report) - HC Wainwright issued their FY2029 earnings per share estimates for shares of Montana Technologies in a report released on Thursday, March 27th. HC Wainwright analyst A. Dayal anticipates that the company will earn $0.10 per share for the year. HC Wainwright currently has a "Buy" rating and a $12.00 target price on the stock. The consensus estimate for Montana Technologies' current full-year earnings is $4.97 per share.
Separately, Alliance Global Partners assumed coverage on shares of Montana Technologies in a research report on Monday, February 24th. They issued a "buy" rating and a $11.00 target price for the company.
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Montana Technologies Price Performance
NASDAQ:AIRJ traded up $0.13 during midday trading on Friday, reaching $4.74. 95,829 shares of the company traded hands, compared to its average volume of 68,980. Montana Technologies has a twelve month low of $4.28 and a twelve month high of $21.78. The firm has a market capitalization of $264.42 million, a price-to-earnings ratio of 24.92 and a beta of 0.20. The company has a fifty day moving average price of $7.68 and a 200 day moving average price of $7.45.
Montana Technologies (NASDAQ:AIRJ - Get Free Report) last issued its earnings results on Tuesday, March 25th. The company reported ($0.23) EPS for the quarter, missing analysts' consensus estimates of ($0.07) by ($0.16).
Institutional Inflows and Outflows
Hedge funds have recently bought and sold shares of the company. Charles Schwab Investment Management Inc. grew its stake in shares of Montana Technologies by 14.3% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 69,733 shares of the company's stock worth $404,000 after purchasing an additional 8,714 shares during the last quarter. HighTower Advisors LLC bought a new position in shares of Montana Technologies in the third quarter valued at $342,000. Kovitz Investment Group Partners LLC acquired a new stake in shares of Montana Technologies during the 3rd quarter valued at $508,000. Geode Capital Management LLC boosted its stake in shares of Montana Technologies by 2.7% during the 3rd quarter. Geode Capital Management LLC now owns 187,105 shares of the company's stock worth $1,086,000 after acquiring an additional 4,905 shares in the last quarter. Finally, Heritage Financial Services LLC acquired a new position in shares of Montana Technologies in the 4th quarter worth $99,000. 63.65% of the stock is owned by institutional investors and hedge funds.
About Montana Technologies
(
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Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.
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