New Fortress Energy's (NFE) Underweight Rating Reaffirmed at Capital One Financial

Key Points

• New Fortress Energy's stock has been given an "underweight" rating by Capital One Financial, following a trend of recent downgrades from analysts with varying target prices.
• The stock is currently down 37.3%, trading at $1.54, and has reported disappointing quarterly earnings, missing EPS expectations by $1.48.
• Institutional investors are actively adjusting their positions in New Fortress Energy, with Vanguard Group increasing its holdings by 22.6% during the first quarter.

New Fortress Energy (NASDAQ:NFE - Get Free Report)'s stock had its "underweight" rating reiterated by equities researchers at Capital One Financial in a research note issued to investors on Monday, Marketbeat.com reports. Capital One Financial also issued estimates for New Fortress Energy's Q3 2025 earnings at ($0.84) EPS, Q4 2025 earnings at ($0.78) EPS, FY2025 earnings at ($3.22) EPS and FY2026 earnings at ($2.15) EPS.

NFE has been the subject of a number of other research reports. New Street Research set a $8.50 price objective on New Fortress Energy in a research report on Monday, June 30th. Morgan Stanley set a $4.00 price target on New Fortress Energy and gave the stock an "equal weight" rating in a research report on Tuesday, May 27th. BTIG Research cut New Fortress Energy from a "buy" rating to a "neutral" rating in a research report on Thursday, June 26th. Compass Point assumed coverage on New Fortress Energy in a research report on Tuesday, July 1st. They set a "buy" rating and a $8.50 price target for the company. Finally, Johnson Rice cut New Fortress Energy from a "buy" rating to a "hold" rating and lowered their price target for the stock from $7.00 to $4.00 in a research report on Wednesday, August 13th. Three analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, New Fortress Energy has an average rating of "Hold" and a consensus price target of $7.88.

New Fortress Energy Stock Performance

Shares of NASDAQ:NFE opened at $1.40 on Monday. New Fortress Energy has a 12-month low of $1.26 and a 12-month high of $16.66. The business's fifty day simple moving average is $3.08 and its 200-day simple moving average is $4.92. The company has a market capitalization of $383.88 million, a PE ratio of -0.37 and a beta of 0.99. The company has a current ratio of 1.00, a quick ratio of 0.95 and a debt-to-equity ratio of 4.77.

New Fortress Energy (NASDAQ:NFE - Get Free Report) last announced its quarterly earnings results on Friday, September 5th. The company reported ($0.84) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.29) by ($0.55). New Fortress Energy had a negative net margin of 48.94% and a negative return on equity of 21.18%. The company had revenue of $432.29 million during the quarter, compared to analysts' expectations of $480.47 million. During the same quarter in the prior year, the business posted ($0.41) earnings per share. The company's revenue was down 29.5% compared to the same quarter last year. As a group, equities research analysts predict that New Fortress Energy will post 0.36 earnings per share for the current fiscal year.

Hedge Funds Weigh In On New Fortress Energy

Institutional investors and hedge funds have recently modified their holdings of the business. Cetera Investment Advisers increased its stake in shares of New Fortress Energy by 552.2% in the 4th quarter. Cetera Investment Advisers now owns 130,650 shares of the company's stock valued at $1,975,000 after purchasing an additional 110,617 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of New Fortress Energy by 32.3% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,470,832 shares of the company's stock valued at $22,239,000 after purchasing an additional 359,421 shares in the last quarter. Deutsche Bank AG increased its stake in shares of New Fortress Energy by 118.5% in the 1st quarter. Deutsche Bank AG now owns 186,180 shares of the company's stock valued at $1,547,000 after purchasing an additional 100,974 shares in the last quarter. Jump Financial LLC purchased a new position in shares of New Fortress Energy in the 1st quarter valued at about $9,492,000. Finally, Nuveen LLC purchased a new position in shares of New Fortress Energy in the 1st quarter valued at about $2,692,000. Hedge funds and other institutional investors own 58.61% of the company's stock.

About New Fortress Energy

New Fortress Energy Inc operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation.