FY2027 Earnings Forecast for OPAL Fuels Issued By Scotiabank

Key Points

• Scotiabank raised its FY2027 EPS estimate for OPAL Fuels to $0.25 (from $0.19), versus a consensus forecast of $0.20 per share.
• Analyst sentiment remains weak overall — MarketBeat shows an average rating of Strong Sell with an average price target of $2.72 (two Holds, three Sells), even as some firms adjusted targets.
• OPAL recently missed quarterly EPS ($0.08 vs. $0.38 expected) while reporting $99.8M in revenue, and the stock opened at $2.20 (down ~6%) with a market cap of about $381M.

OPAL Fuels Inc. (NASDAQ:OPAL - Free Report) - Scotiabank upped their FY2027 earnings per share estimates for shares of OPAL Fuels in a report released on Thursday, April 23rd. Scotiabank analyst P. Cheng now expects that the company will post earnings per share of $0.25 for the year, up from their previous estimate of $0.19. The consensus estimate for OPAL Fuels' current full-year earnings is $0.20 per share.

Other research analysts have also recently issued reports about the company. Wall Street Zen raised OPAL Fuels from a "sell" rating to a "hold" rating in a research report on Saturday, February 28th. Weiss Ratings reissued a "sell (d)" rating on shares of OPAL Fuels in a research report on Monday, December 29th. Zacks Research cut OPAL Fuels from a "hold" rating to a "strong sell" rating in a research report on Monday, April 6th. Finally, The Goldman Sachs Group raised their target price on OPAL Fuels from $2.10 to $2.40 and gave the stock a "sell" rating in a research report on Tuesday, March 17th. Two equities research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company's stock. Based on data from MarketBeat, OPAL Fuels currently has an average rating of "Strong Sell" and an average price target of $2.72.

OPAL Fuels Trading Down 6.0%

Shares of NASDAQ:OPAL opened at $2.20 on Tuesday. The stock has a market capitalization of $381.48 million, a price-to-earnings ratio of 14.67 and a beta of 0.93. The company has a debt-to-equity ratio of 32.18, a quick ratio of 1.07 and a current ratio of 1.18. The stock's 50-day simple moving average is $2.29 and its two-hundred day simple moving average is $2.37. OPAL Fuels has a 52-week low of $1.65 and a 52-week high of $4.08.

OPAL Fuels (NASDAQ:OPAL - Get Free Report) last released its quarterly earnings data on Monday, March 16th. The company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.38 by ($0.30). OPAL Fuels had a return on equity of 77.65% and a net margin of 1.98%.The business had revenue of $99.76 million during the quarter, compared to the consensus estimate of $98.75 million.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in OPAL. Invesco Ltd. lifted its position in shares of OPAL Fuels by 77.2% during the 4th quarter. Invesco Ltd. now owns 5,206,386 shares of the company's stock valued at $12,261,000 after buying an additional 2,268,741 shares in the last quarter. J. Derek Lewis & Associates Inc. purchased a new position in shares of OPAL Fuels during the 4th quarter valued at about $742,000. Geode Capital Management LLC lifted its position in shares of OPAL Fuels by 91.5% during the 2nd quarter. Geode Capital Management LLC now owns 509,294 shares of the company's stock valued at $1,233,000 after buying an additional 243,399 shares in the last quarter. Inspire Investing LLC purchased a new position in shares of OPAL Fuels during the 1st quarter valued at about $554,000. Finally, Jane Street Group LLC purchased a new position in shares of OPAL Fuels during the 2nd quarter valued at about $107,000. 12.16% of the stock is owned by hedge funds and other institutional investors.

OPAL Fuels Company Profile

OPAL Fuels NASDAQ: OPAL is a publicly traded company headquartered in San Diego, California, specializing in the production, distribution and dispensing of renewable natural gas (RNG) for heavy-duty transportation. The company operates a network of RNG fueling stations across California, offering fleets of trucks, transit buses and logistics providers a low-carbon alternative to conventional diesel without requiring significant changes to existing vehicle technology or fueling infrastructure.

OPAL Fuels sources organic byproducts from dairy farms, landfills and food-processing facilities, converting methane-rich biogas into pipeline-quality RNG through a series of anaerobic digestion and gas-upgrading processes.

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