OPAL Fuels (NASDAQ:OPAL - Get Free Report) is scheduled to issue its quarterly earnings data after the market closes on Thursday, November 7th. Analysts expect the company to announce earnings of $0.17 per share for the quarter. Persons interested in registering for the company's earnings conference call can do so using this link.
OPAL Fuels (NASDAQ:OPAL - Get Free Report) last announced its earnings results on Wednesday, August 7th. The company reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.01. The business had revenue of $70.95 million for the quarter, compared to analysts' expectations of $80.68 million. OPAL Fuels had a negative return on equity of 2.14% and a net margin of 2.50%. On average, analysts expect OPAL Fuels to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.
OPAL Fuels Stock Down 3.2 %
Shares of NASDAQ OPAL traded down $0.12 during mid-day trading on Thursday, reaching $3.66. 88,389 shares of the company were exchanged, compared to its average volume of 86,357. The firm has a 50-day moving average of $3.64 and a 200 day moving average of $4.11. OPAL Fuels has a 1 year low of $3.04 and a 1 year high of $6.47. The stock has a market cap of $632.53 million, a price-to-earnings ratio of 45.63 and a beta of 0.49.
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on OPAL. The Goldman Sachs Group reduced their price target on OPAL Fuels from $4.50 to $3.90 and set a "sell" rating on the stock in a research report on Friday, August 9th. UBS Group cut their price target on shares of OPAL Fuels from $8.00 to $7.50 and set a "buy" rating on the stock in a research note on Friday, August 9th. Finally, Scotiabank downgraded OPAL Fuels from a "sector outperform" rating to a "sector perform" rating and cut their target price for the company from $8.00 to $5.00 in a research report on Tuesday, September 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have assigned a buy rating to the company. According to data from MarketBeat.com, OPAL Fuels currently has a consensus rating of "Moderate Buy" and an average target price of $7.90.
Read Our Latest Stock Analysis on OPAL
About OPAL Fuels
(
Get Free Report)
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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