Montana Technologies (NASDAQ:AIRJ - Get Free Report) is expected to issue its Q1 2025 quarterly earnings data after the market closes on Monday, May 12th. Analysts expect Montana Technologies to post earnings of ($0.06) per share for the quarter.
Montana Technologies (NASDAQ:AIRJ - Get Free Report) last announced its quarterly earnings results on Tuesday, March 25th. The company reported ($0.23) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by ($0.16). On average, analysts expect Montana Technologies to post $5 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Montana Technologies Price Performance
AIRJ stock traded up $0.14 during midday trading on Tuesday, reaching $4.52. 94,322 shares of the stock were exchanged, compared to its average volume of 74,554. The stock has a market capitalization of $253.11 million, a PE ratio of 23.79 and a beta of 0.49. The company has a fifty day moving average price of $5.68 and a 200 day moving average price of $7.20. Montana Technologies has a 52 week low of $4.24 and a 52 week high of $21.78.
Analysts Set New Price Targets
Several research firms have weighed in on AIRJ. HC Wainwright reiterated a "buy" rating and set a $12.00 price objective on shares of Montana Technologies in a report on Thursday, March 27th. Alliance Global Partners initiated coverage on shares of Montana Technologies in a research report on Monday, February 24th. They set a "buy" rating and a $11.00 target price for the company.
Read Our Latest Report on Montana Technologies
Institutional Trading of Montana Technologies
A hedge fund recently raised its stake in Montana Technologies stock. Bank of America Corp DE boosted its holdings in shares of Montana Technologies Co. (NASDAQ:AIRJ - Free Report) by 8,851.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 11,189 shares of the company's stock after acquiring an additional 11,064 shares during the quarter. Bank of America Corp DE's holdings in Montana Technologies were worth $89,000 as of its most recent SEC filing. Institutional investors own 63.65% of the company's stock.
About Montana Technologies
(
Get Free Report)
Montana Technologies Corporation operates as an atmospheric renewable energy and water harvesting technology company. It provides energy and dehumidification, evaporative cooling, and atmospheric water generation through its AirJoule technology. The company is headquartered in Ronan, Montana.
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