NASDAQ:MNTK

Montauk Renewables (MNTK) Stock Price, News & Analysis

$3.98
+0.22 (+5.85%)
(As of 05/3/2024 ET)
Today's Range
$3.81
$4.00
50-Day Range
$3.43
$5.94
52-Week Range
$3.38
$10.95
Volume
189,220 shs
Average Volume
311,102 shs
Market Capitalization
$571.61 million
P/E Ratio
36.19
Dividend Yield
N/A
Price Target
$8.00

Montauk Renewables MarketRank™ Stock Analysis

Analyst Rating
Hold
2.25 Rating Score
Upside/​Downside
101.0% Upside
$8.00 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
27.59%
From $0.29 to $0.37 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.26 out of 5 stars

Oils/Energy Sector

996th out of 1,427 stocks

Gas & Other Services Combined Industry

25th out of 30 stocks

MNTK stock logo

About Montauk Renewables Stock (NASDAQ:MNTK)

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. Its customers for RNG and renewable identification numbers (RIN) include large, long-term owner-operators of landfills and livestock farms, local utilities, and large refiners in the natural gas and refining sectors. Montauk Renewables, Inc. was founded in 1980 and is headquartered in Pittsburgh, Pennsylvania.

MNTK Stock Price History

MNTK Stock News Headlines

Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Montauk Renewables Inc (MNTK)
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
DUK Jan 2026 65.000 call
DUK Oct 2024 70.000 call
Earnings Outlook For Montauk Renewables
Q4 2023 Montauk Renewables Inc Earnings Call
Recap: Montauk Renewables Q4 Earnings
Montauk Renewables Announces Full Year 2023 Results
Montauk Renewables earnings preview: what to expect
Montauk Renewables Inc Ordinary Shares
MNTK Jul 2024 10.000 call
See More Headlines
Receive MNTK Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Montauk Renewables and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
3/14/2024
Today
5/04/2024
Next Earnings (Confirmed)
5/09/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gas & other services combined
Sub-Industry
N/A
Current Symbol
NASDAQ:MNTK
Fax
N/A
Employees
151
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$8.00
High Stock Price Target
$9.50
Low Stock Price Target
$7.00
Potential Upside/Downside
+101.0%
Consensus Rating
Hold
Rating Score (0-4)
2.25
Research Coverage
4 Analysts

Profitability

Net Income
$14.95 million
Pretax Margin
10.50%

Debt

Sales & Book Value

Annual Sales
$174.90 million
Cash Flow
$0.27 per share
Book Value
$1.74 per share

Miscellaneous

Free Float
65,780,000
Market Cap
$571.61 million
Optionable
Optionable
Beta
-0.40
10 "Recession Proof" Stocks That Will Thrive in Any Market Cover

Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.

Get This Free Report

MNTK Stock Analysis - Frequently Asked Questions

Should I buy or sell Montauk Renewables stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Montauk Renewables in the last twelve months. There are currently 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" MNTK shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in MNTK, but not buy additional shares or sell existing shares.
View MNTK analyst ratings
or view top-rated stocks.

What is Montauk Renewables' stock price target for 2024?

4 equities research analysts have issued twelve-month price objectives for Montauk Renewables' stock. Their MNTK share price targets range from $7.00 to $9.50. On average, they anticipate the company's share price to reach $8.00 in the next year. This suggests a possible upside of 101.0% from the stock's current price.
View analysts price targets for MNTK
or view top-rated stocks among Wall Street analysts.

How have MNTK shares performed in 2024?

Montauk Renewables' stock was trading at $8.91 at the start of the year. Since then, MNTK shares have decreased by 55.3% and is now trading at $3.98.
View the best growth stocks for 2024 here
.

When is Montauk Renewables' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 9th 2024.
View our MNTK earnings forecast
.

How can I listen to Montauk Renewables' earnings call?

Montauk Renewables will be holding an earnings conference call on Thursday, May 9th at 5:00 PM Eastern. Interested parties can register for or listen to the call using this link.

How were Montauk Renewables' earnings last quarter?

Montauk Renewables, Inc. (NASDAQ:MNTK) released its earnings results on Thursday, March, 14th. The company reported $0.04 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.06 by $0.02. The business had revenue of $46.81 million for the quarter, compared to analysts' expectations of $52.86 million. Montauk Renewables had a trailing twelve-month return on equity of 6.32% and a net margin of 8.55%.

What ETFs hold Montauk Renewables' stock?
What guidance has Montauk Renewables issued on next quarter's earnings?

Montauk Renewables issued an update on its FY 2024 earnings guidance on Thursday, March, 14th. The company provided EPS guidance of for the period. The company issued revenue guidance of $213.0 million-$234.0 million, compared to the consensus revenue estimate of $237.0 million.

When did Montauk Renewables IPO?

Montauk Renewables (MNTK) raised $29 million in an IPO on Friday, January 22nd 2021. The company issued 3,900,000 shares at a price of $7.00-$8.00 per share. Roth Capital Partners acted as the underwriter for the IPO.

Who are Montauk Renewables' major shareholders?

Montauk Renewables' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hosking Partners LLP (0.55%) and Principal Financial Group Inc. (0.02%). Insiders that own company stock include Scott E Hill and Sean F Mcclain.
View institutional ownership trends
.

How do I buy shares of Montauk Renewables?

Shares of MNTK 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.

This page (NASDAQ:MNTK) was last updated on 5/4/2024 by MarketBeat.com Staff

From Our Partners