New Fortress Energy (NASDAQ:NFE) Earns "Underweight" Rating from 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.

Capital One Financial reaffirmed their underweight rating on shares of New Fortress Energy (NASDAQ:NFE - Free Report) in a research report released on Monday morning, 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.

A number of other analysts have also recently weighed in on NFE. Morgan Stanley set a $4.00 price objective on New Fortress Energy and gave the stock an "equal weight" rating in a research report on Tuesday, May 27th. Zacks Research upgraded New Fortress Energy to a "hold" rating in a research note on Monday, August 11th. Compass Point initiated coverage on New Fortress Energy in a research note on Tuesday, July 1st. They issued a "buy" rating and a $8.50 target price for the company. Johnson Rice lowered New Fortress Energy from a "buy" rating to a "hold" rating and reduced their target price for the stock from $7.00 to $4.00 in a research note on Wednesday, August 13th. Finally, BTIG Research lowered New Fortress Energy from a "buy" rating to a "neutral" rating in a research note on Thursday, June 26th. Three research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $7.88.

New Fortress Energy Stock Down 3.7%

Shares of New Fortress Energy stock traded down $0.05 during trading on Monday, reaching $1.31. The company's stock had a trading volume of 9,051,637 shares, compared to its average volume of 10,517,182. The company has a quick ratio of 0.95, a current ratio of 0.67 and a debt-to-equity ratio of 5.77. The company has a market cap of $359.20 million, a price-to-earnings ratio of -0.34 and a beta of 0.99. New Fortress Energy has a 1-year low of $1.26 and a 1-year high of $16.66. The company has a 50-day simple moving average of $2.92 and a two-hundred day simple moving average of $4.76.

New Fortress Energy (NASDAQ:NFE - Get Free Report) last posted its quarterly earnings data on Saturday, September 13th. The company reported ($2.02) earnings per share for the quarter, missing analysts' consensus estimates of ($0.64) by ($1.38). New Fortress Energy had a negative return on equity of 22.72% and a negative net margin of 48.94%.The company's revenue for the quarter was down 29.5% compared to the same quarter last year. During the same period last year, the firm posted ($0.41) earnings per share. As a group, equities analysts forecast that New Fortress Energy will post 0.36 earnings per share for the current year.

Hedge Funds Weigh In On New Fortress Energy

Institutional investors have recently modified their holdings of the stock. US Bancorp DE raised its stake in shares of New Fortress Energy by 81.7% during the 1st quarter. US Bancorp DE now owns 8,534 shares of the company's stock valued at $71,000 after buying an additional 3,838 shares during the last quarter. CWM LLC raised its stake in shares of New Fortress Energy by 46.9% during the 1st quarter. CWM LLC now owns 9,065 shares of the company's stock valued at $75,000 after buying an additional 2,895 shares during the last quarter. IFP Advisors Inc increased its stake in shares of New Fortress Energy by 166.3% in the 2nd quarter. IFP Advisors Inc now owns 9,072 shares of the company's stock valued at $30,000 after purchasing an additional 5,665 shares in the last quarter. Hardin Capital Partners LLC purchased a new position in shares of New Fortress Energy in the 1st quarter valued at about $83,000. Finally, Apollon Wealth Management LLC purchased a new position in shares of New Fortress Energy in the 2nd quarter valued at about $33,000. 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.