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NASDAQ:MNTK

Montauk Renewables (MNTK) Stock Price, News & Analysis

Montauk Renewables logo
$5.53
-0.14 (-2.47%)
(As of 10/31/2024 ET)

About Montauk Renewables Stock (NASDAQ:MNTK)

Key Stats

Today's Range
$5.41
$5.73
50-Day Range
$4.18
$5.75
52-Week Range
$3.38
$10.95
Volume
219,197 shs
Average Volume
281,876 shs
Market Capitalization
$794.18 million
P/E Ratio
42.54
Dividend Yield
N/A
Price Target
$6.00
Consensus Rating
Hold

Company Overview

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. Its customers for RNG and renewable identification numbers (RIN) include large, long-term owner-operators of landfills and livestock farms, local utilities, and large refiners in the natural gas and refining sectors. Montauk Renewables, Inc. was founded in 1980 and is headquartered in Pittsburgh, Pennsylvania.

Montauk Renewables Stock Analysis - MarketRank™

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21st Percentile Overall Score

MNTK MarketRank™: 

Montauk Renewables scored higher than 21% of companies evaluated by MarketBeat, and ranked 233rd out of 265 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Montauk Renewables has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Montauk Renewables has only been the subject of 1 research reports in the past 90 days.

  • Read more about Montauk Renewables' stock forecast and price target.
  • Earnings Growth

    Earnings for Montauk Renewables are expected to grow by 10.00% in the coming year, from $0.20 to $0.22 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Montauk Renewables is 42.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.26.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Montauk Renewables is 42.54, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.69.

  • Price to Book Value per Share Ratio

    Montauk Renewables has a P/B Ratio of 3.18. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Montauk Renewables' valuation and earnings.
  • Percentage of Shares Shorted

    3.90% of the float of Montauk Renewables has been sold short.
  • Short Interest Ratio / Days to Cover

    Montauk Renewables has a short interest ratio ("days to cover") of 8.9.
  • Change versus previous month

    Short interest in Montauk Renewables has recently increased by 0.56%, indicating that investor sentiment is decreasing.
  • Dividend Yield

    Montauk Renewables does not currently pay a dividend.

  • Dividend Growth

    Montauk Renewables does not have a long track record of dividend growth.

  • Percentage of Shares Shorted

    3.90% of the float of Montauk Renewables has been sold short.
  • Short Interest Ratio / Days to Cover

    Montauk Renewables has a short interest ratio ("days to cover") of 8.9.
  • Change versus previous month

    Short interest in Montauk Renewables has recently increased by 0.56%, indicating that investor sentiment is decreasing.
  • News Sentiment

    Montauk Renewables has a news sentiment score of 0.93. 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 0.49 average news sentiment score of Oils/Energy companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Montauk Renewables this week, compared to 1 article on an average week.
  • Search Interest

    Only 1 people have searched for MNTK on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Montauk Renewables insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    54.60% of the stock of Montauk Renewables is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    Only 16.35% of the stock of Montauk Renewables is held by institutions.

  • Read more about Montauk Renewables' insider trading history.
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MNTK Stock News Headlines

Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”
Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.
See More Headlines

MNTK Stock Analysis - Frequently Asked Questions

Montauk Renewables' stock was trading at $8.91 on January 1st, 2024. Since then, MNTK stock has decreased by 37.9% and is now trading at $5.53.
View the best growth stocks for 2024 here
.

Montauk Renewables, Inc. (NASDAQ:MNTK) announced its earnings results on Thursday, August, 8th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.06 by $0.07. The business had revenue of $43.34 million for the quarter, compared to analysts' expectations of $50.63 million. Montauk Renewables had a net margin of 10.22% and a trailing twelve-month return on equity of 7.52%.

Montauk Renewables (MNTK) raised $29 million in an initial public offering on Friday, January 22nd 2021. The company issued 3,900,000 shares at a price of $7.00-$8.00 per share. Roth Capital Partners acted as the underwriter for the IPO.

Montauk Renewables' top institutional shareholders include SG Americas Securities LLC (0.02%) and Bleakley Financial Group LLC (0.01%). Insiders that own company stock include Sean F Mcclain and Scott E Hill.
View institutional ownership trends
.

Shares of MNTK 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 Montauk Renewables investors own include Netflix (NFLX), Tesla (TSLA), JPMorgan Chase & Co. (JPM), Advanced Micro Devices (AMD), NVIDIA (NVDA), Home Depot (HD) and First Solar (FSLR).

Company Calendar

Last Earnings
8/08/2024
Today
10/31/2024
Next Earnings (Confirmed)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gas & other services combined
Sub-Industry
N/A
Current Symbol
NASDAQ:MNTK
Fax
N/A
Employees
151
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.00
High Stock Price Target
$6.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+8.5%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Net Income
$14.95 million
Pretax Margin
12.55%

Debt

Sales & Book Value

Annual Sales
$184.62 million
Cash Flow
$0.25 per share
Book Value
$1.74 per share

Miscellaneous

Free Float
65,200,000
Market Cap
$794.18 million
Optionable
Optionable
Beta
-0.20
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This page (NASDAQ:MNTK) was last updated on 10/31/2024 by MarketBeat.com Staff
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