OPAL Fuels (OPAL) Stock Price, News & Analysis

Company Overview

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. In addition, it offers design, development, and construction services for hydrogen fueling stations. Further, the company engages in the generation and sale of renewable power to utilities. OPAL Fuels Inc. is based in White Plains, New York.

Key Stats

• Today's Range: $3.62 to $3.71
• 50-Day Range: $3.36 to $4.04
• 52-Week Range: $3.04 to $6.21
• Volume: 52,178 shs
• Average Volume: 59,098 shs
• Market Capitalization: $634.25 million
• P/E Ratio: 20.39
• Dividend Yield: N/A
• Price Target: $7.90
• Consensus Rating: Moderate Buy

OPAL Fuels Stock Analysis - MarketRank™

OPAL Fuels scored higher than 68% of companies evaluated by MarketBeat, and ranked 129th out of 264 stocks in the oils/energy sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

OPAL Fuels has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 4 buy ratings, 1 hold rating, and 1 sell rating.

Amount of Analyst Coverage

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

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 53.33%

Earnings Growth

Earnings for OPAL Fuels are expected to grow by 53.33% in the coming year, from $0.75 to $1.15 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of OPAL Fuels is 20.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 124.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of OPAL Fuels is 20.39, which means that it is trading at a more expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.29.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.68% of the float of OPAL Fuels has been sold short.

Short Interest Ratio / Days to Cover

OPAL Fuels has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.

Change versus previous month

Short interest in OPAL Fuels has recently decreased by 0.46%, indicating that investor sentiment is improving.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

OPAL Fuels does not currently pay a dividend.

Dividend Growth

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

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.68% of the float of OPAL Fuels has been sold short.

Short Interest Ratio / Days to Cover

OPAL Fuels has a short interest ratio ("days to cover") of 10, which indicates bearish sentiment.

Change versus previous month

Short interest in OPAL Fuels has recently decreased by 0.46%, indicating that investor sentiment is improving.

News and Social Media

• Score: 3.8 / 5
• News Sentiment: N/A

News Sentiment

OPAL Fuels has a news sentiment score of 1.77. 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 0.66 average news sentiment score of Oils/Energy companies.

Search Interest

1 people have searched for OPAL on MarketBeat in the last 30 days.

MarketBeat Follows

2 people have added OPAL Fuels to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

84.43% of the stock of OPAL Fuels is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 12.16% of the stock of OPAL Fuels is held by institutions.

OPAL Stock Analysis - Frequently Asked Questions

How have OPAL shares performed this year?

OPAL Fuels' stock was trading at $5.52 at the start of the year. Since then, OPAL stock has decreased by 33.5% and is now trading at $3.67.
View the best growth stocks for 2024 here.

How were OPAL Fuels' earnings last quarter?

OPAL Fuels Inc. (NASDAQ:OPAL) released its quarterly earnings data on Thursday, May, 9th. The company reported ($0.01) EPS for the quarter, missing analysts' consensus estimates of $0.02 by $0.03. The firm earned $64.95 million during the quarter, compared to the consensus estimate of $85.18 million. OPAL Fuels had a net margin of 3.30% and a negative trailing twelve-month return on equity of 4.08%.

Who are OPAL Fuels' major shareholders?

OPAL Fuels' top institutional investors include Yaupon Capital Management LP (0.41%), Geode Capital Management LLC (0.15%), Inspire Investing LLC (0.07%) and GSA Capital Partners LLP (0.06%). Insiders that own company stock include Ctc Holdings Ii LP Arclight, Marco F Gatti, Scott V Dols, Nadeem Nisar, Jonathan Gilbert Maurer and Anthony Falbo.
View institutional ownership trends.

How do I buy shares of OPAL Fuels?

Shares of OPAL 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.

What other stocks do shareholders of OPAL Fuels own?

Based on aggregate information from My MarketBeat watchlists, some other companies that OPAL Fuels investors own include Meta Platforms (META), NVIDIA (NVDA), Arista Networks (ANET), Broadcom (AVGO), Adobe (ADBE), Celestica (CLS) and ServiceNow (NOW).

Company Calendar

• Last Earnings: 5/09/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/12/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Oils/Energy
• Industry: Gas & other services combined
• Sub-Industry: Utilities
• Current Symbol: NASDAQ:OPAL
• CUSIP: N/A
• CIK: 1842279
• Web: opalfuels.com
• Phone: 914-705-4000
• Fax: N/A
• Employees: 270
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $7.90
• High Stock Price Target: $13.00
• Low Stock Price Target: $3.90
• Potential Upside/Downside: +115.3%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.18
• Trailing P/E Ratio: 20.39
• Forward P/E Ratio: 4.89
• P/E Growth: N/A
• Net Income: $29.95 million
• Net Margins: 3.30%
• Pretax Margin: 10.06%
• Return on Equity: -4.08%
• Return on Assets: 1.72%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.25
• Quick Ratio: 1.15

Sales & Book Value

• Annual Sales: $306.96 million
• Price / Sales: 2.07
• Cash Flow: $0.15 per share
• Price / Cash Flow: 24.01
• Book Value: ($2.74) per share
• Price / Book: -1.34

Miscellaneous

• Outstanding Shares: 172,822,000
• Free Float: 26,908,000
• Market Cap: $634.26 million
• Optionable: Optionable
• Beta: 0.48