Montauk Renewables (NASDAQ:MNTK - Get Free Report) is scheduled to release its earnings data after the market closes on Tuesday, November 12th. Analysts expect Montauk Renewables to post earnings of $0.08 per share for the quarter. Parties that are interested in registering for the company's conference call can do so using this link.
Montauk Renewables (NASDAQ:MNTK - Get Free Report) last announced its earnings results on Thursday, August 8th. The company reported ($0.01) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.07). Montauk Renewables had a net margin of 10.22% and a return on equity of 7.52%. The business had revenue of $43.34 million for the quarter, compared to analysts' expectations of $50.63 million. During the same quarter in the prior year, the company posted $0.01 earnings per share. On average, analysts expect Montauk Renewables to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Montauk Renewables Trading Up 3.2 %
Montauk Renewables stock traded up $0.18 during midday trading on Tuesday, reaching $5.79. The stock had a trading volume of 203,033 shares, compared to its average volume of 279,872. The company has a quick ratio of 1.66, a current ratio of 1.66 and a debt-to-equity ratio of 0.19. Montauk Renewables has a 52-week low of $3.38 and a 52-week high of $10.86. The firm has a market cap of $831.50 million, a price-to-earnings ratio of 44.54 and a beta of -0.21. The company has a fifty day moving average of $5.10 and a 200 day moving average of $5.02.
Analysts Set New Price Targets
Separately, Scotiabank reissued a "sector perform" rating and set a $6.00 target price (down previously from $8.00) on shares of Montauk Renewables in a report on Tuesday, September 3rd.
Read Our Latest Analysis on Montauk Renewables
About Montauk Renewables
(
Get Free Report)
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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