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NASDAQ:CLNE

Clean Energy Fuels (CLNE) Stock Price, News & Analysis

Clean Energy Fuels logo
$2.92
+0.09 (+3.18%)
(As of 11/4/2024 ET)

About Clean Energy Fuels Stock (NASDAQ:CLNE)

Key Stats

Today's Range
$2.82
$3.03
50-Day Range
$2.62
$3.16
52-Week Range
$2.17
$4.13
Volume
1.68 million shs
Average Volume
1.56 million shs
Market Capitalization
$652.42 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$5.38
Consensus Rating
Buy

Company Overview

Clean Energy Fuels Corp. provides natural gas as alternative fuels for vehicle fleets and related fueling solutions in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations. The company also designs, builds, operates, and maintains vehicle fueling stations; and sells and services compressors and other equipment that are used in RNG production and fueling stations. In addition, it transports and sells CNG, RNG, and LNG through virtual natural gas pipelines and interconnects; sells U.S. federal, state, and local government credits, such as RNG as a vehicle fuel, including Renewable Identification Numbers and Low Carbon Fuel Standards credits; and obtains federal, state, and local credits, grants, and incentives. Further, the company focuses on developing, owning, and operating dairy and other livestock waste RNG projects. It serves heavy-duty trucking, airports, refuse, public transit, industrial, and institutional energy users, as well as government fleets. Clean Energy Fuels Corp. was incorporated in 2001 and is headquartered in Newport Beach, California.

Clean Energy Fuels Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks
76th Percentile Overall Score

CLNE MarketRank™: 

Clean Energy Fuels scored higher than 76% of companies evaluated by MarketBeat, and ranked 50th out of 95 stocks in the utilities sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Clean Energy Fuels has received a consensus rating of Buy. The company's average rating score is 3.25, and is based on 3 buy ratings, no hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Clean Energy Fuels has only been the subject of 1 research reports in the past 90 days.

  • Read more about Clean Energy Fuels' stock forecast and price target.
  • Earnings Growth

    Earnings for Clean Energy Fuels are expected to decrease in the coming year, from ($0.34) to ($0.36) per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Clean Energy Fuels is -8.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Clean Energy Fuels is -8.34, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

  • Price to Book Value per Share Ratio

    Clean Energy Fuels has a P/B Ratio of 0.89. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Clean Energy Fuels' valuation and earnings.
  • Percentage of Shares Shorted

    7.31% of the float of Clean Energy Fuels has been sold short.
  • Short Interest Ratio / Days to Cover

    Clean Energy Fuels has a short interest ratio ("days to cover") of 8.7.
  • Change versus previous month

    Short interest in Clean Energy Fuels has recently decreased by 2.19%, indicating that investor sentiment is improving.
  • Dividend Yield

    Clean Energy Fuels does not currently pay a dividend.

  • Dividend Growth

    Clean Energy Fuels does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    7.31% of the float of Clean Energy Fuels has been sold short.
  • Short Interest Ratio / Days to Cover

    Clean Energy Fuels has a short interest ratio ("days to cover") of 8.7.
  • Change versus previous month

    Short interest in Clean Energy Fuels has recently decreased by 2.19%, indicating that investor sentiment is improving.
  • News Sentiment

    Clean Energy Fuels has a news sentiment score of 0.75. 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 higher news sentiment than the 0.48 average news sentiment score of Utilities companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Clean Energy Fuels this week, compared to 2 articles on an average week.
  • Search Interest

    Only 5 people have searched for CLNE on MarketBeat in the last 30 days. This is a decrease of -38% compared to the previous 30 days.
  • MarketBeat Follows

    Only 2 people have added Clean Energy Fuels to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Clean Energy Fuels insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 3.60% of the stock of Clean Energy Fuels is held by insiders.

  • Percentage Held by Institutions

    49.94% of the stock of Clean Energy Fuels is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Clean Energy Fuels' insider trading history.
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CLNE Stock News Headlines

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CLNE Stock Analysis - Frequently Asked Questions

Clean Energy Fuels' stock was trading at $3.83 at the beginning of 2024. Since then, CLNE shares have decreased by 23.8% and is now trading at $2.92.
View the best growth stocks for 2024 here
.

Clean Energy Fuels Corp. (NASDAQ:CLNE) released its earnings results on Wednesday, August, 7th. The utilities provider reported $0.01 earnings per share for the quarter, topping analysts' consensus estimates of ($0.04) by $0.05. The firm's quarterly revenue was up 8.2% on a year-over-year basis.

Clean Energy Fuels' top institutional investors include Rice Hall James & Associates LLC (0.46%), SG Americas Securities LLC (0.11%), Inspire Investing LLC (0.06%) and Los Angeles Capital Management LLC (0.05%). Insiders that own company stock include Andrew J Littlefair, Mitchell W Pratt and Barclay Corbus.
View institutional ownership trends
.

Shares of CLNE 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Clean Energy Fuels investors own include NVIDIA (NVDA), Meta Platforms (META), Taiwan Semiconductor Manufacturing (TSM), Advanced Micro Devices (AMD), Walt Disney (DIS), Block (SQ) and Tesla (TSLA).

Company Calendar

Last Earnings
8/07/2024
Today
11/04/2024
Next Earnings (Confirmed)
11/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Utilities
Industry
Gas & other services combined
Sub-Industry
Oil & Gas Refining & Marketing
Current Symbol
NASDAQ:CLNE
CUSIP
18449910
Employees
500
Year Founded
1997

Price Target and Rating

Average Stock Price Target
$5.38
High Stock Price Target
$6.50
Low Stock Price Target
$4.00
Potential Upside/Downside
+84.1%
Consensus Rating
Buy
Rating Score (0-4)
3.25
Research Coverage
4 Analysts

Profitability

Net Income
$-99,500,000.00
Pretax Margin
-19.69%

Debt

Sales & Book Value

Annual Sales
$425.16 million
Book Value
$3.29 per share

Miscellaneous

Free Float
215,384,000
Market Cap
$652.42 million
Optionable
Optionable
Beta
2.12

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This page (NASDAQ:CLNE) was last updated on 11/4/2024 by MarketBeat.com Staff
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