Montauk Renewables (MNTK) to Release Quarterly Earnings on Thursday

Montauk Renewables (NASDAQ:MNTK - Get Free Report) will likely be posting its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect Montauk Renewables to post earnings of $0.01 per share and revenue of $42.40 million for the quarter. Montauk Renewables has set its FY 2025 guidance at EPS.

Montauk Renewables (NASDAQ:MNTK - Get Free Report) last announced its quarterly earnings data on Thursday, March 13th. The company reported ($0.06) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.05 by ($0.11). The business had revenue of $27.74 million during the quarter, compared to the consensus estimate of $59.92 million. Montauk Renewables had a net margin of 11.80% and a return on equity of 8.88%. On average, analysts expect Montauk Renewables to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Montauk Renewables Stock Performance

MNTK traded up $0.02 during trading on Tuesday, hitting $2.16. 15,585 shares of the company traded hands, compared to its average volume of 213,929. The company has a quick ratio of 2.04, a current ratio of 2.04 and a debt-to-equity ratio of 0.17. The firm has a market cap of $309.61 million, a P/E ratio of 13.50 and a beta of 0.04. Montauk Renewables has a one year low of $1.75 and a one year high of $6.22. The stock's fifty day moving average is $2.33 and its 200 day moving average is $3.71.

Montauk Renewables announced that its Board of Directors has initiated a stock buyback plan on Tuesday, April 15th that permits the company to repurchase $5.00 million in outstanding shares. This repurchase authorization permits the company to purchase up to 1.8% of its stock through open market purchases. Stock repurchase plans are usually an indication that the company's board of directors believes its stock is undervalued.

Analyst Ratings Changes

Several research firms have recently commented on MNTK. Scotiabank decreased their price objective on Montauk Renewables from $6.00 to $4.00 and set a "sector perform" rating on the stock in a report on Friday, April 11th. UBS Group lowered their target price on Montauk Renewables from $6.25 to $3.00 and set a "neutral" rating for the company in a research note on Friday, March 14th. Finally, B. Riley lowered their price objective on Montauk Renewables from $4.00 to $3.00 and set a "neutral" rating for the company in a research report on Friday, March 14th.

Montauk Renewables Company Profile

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.