Zacks Research Downgrades OPAL Fuels (NASDAQ:OPAL) to Strong Sell

Key Points

• Zacks Research downgraded OPAL from "hold" to "strong sell"; the stock carries a consensus "Reduce" rating with an average target price of $2.91 and a split of three Hold and three Sell ratings (Goldman Sachs keeps a "sell" with a $2.40 target).
• OPAL missed on the most recent quarter with EPS of $0.08 versus $0.38 expected (a $0.30 miss) while reporting $99.76 million in revenue, and the shares opened at $2.44 within a 52‑week range of $1.26–$4.08.
• The balance sheet shows tight liquidity (quick ratio 1.07, current ratio 1.18) but very high reported leverage (debt‑to‑equity 32.18) and relatively low institutional ownership (~12.16%), highlighting elevated financial risk and limited large‑investor backing.

OPAL Fuels (NASDAQ:OPAL - Get Free Report) was downgraded by analysts at Zacks Research from a "hold" rating to a "strong sell" rating in a research report issued on Monday,Zacks.com reports.

OPAL has been the subject of several other reports. Weiss Ratings reiterated a "sell (d)" rating on shares of OPAL Fuels in a research note on Monday, December 29th. Wall Street Zen upgraded shares of OPAL Fuels from a "sell" rating to a "hold" rating in a research note on Saturday, February 28th. Finally, The Goldman Sachs Group boosted their price objective on shares of OPAL Fuels from $2.10 to $2.40 and gave the stock a "sell" rating in a research note on Tuesday, March 17th. Three investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, OPAL Fuels presently has a consensus rating of "Reduce" and an average target price of $2.91.

OPAL Fuels Price Performance

OPAL opened at $2.44 on Monday. The company has a quick ratio of 1.07, a current ratio of 1.18 and a debt-to-equity ratio of 32.18. OPAL Fuels has a 52-week low of $1.26 and a 52-week high of $4.08. The company has a 50 day moving average of $2.25 and a two-hundred day moving average of $2.36. The company has a market cap of $423.10 million, a P/E ratio of 16.27 and a beta of 0.93.

OPAL Fuels (NASDAQ:OPAL - Get Free Report) last released its quarterly earnings data on Monday, March 16th. The company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.38 by ($0.30). OPAL Fuels had a return on equity of 77.65% and a net margin of 1.98%.The business had revenue of $99.76 million for the quarter, compared to analysts' expectations of $98.75 million. On average, analysts expect that OPAL Fuels will post 0.8 earnings per share for the current year.

Institutional Trading of OPAL Fuels

Institutional investors have recently added to or reduced their stakes in the stock. Engineers Gate Manager LP acquired a new stake in OPAL Fuels in the second quarter valued at $27,000. Mariner LLC acquired a new stake in OPAL Fuels in the fourth quarter valued at $27,000. Zions Bancorporation National Association UT acquired a new stake in OPAL Fuels in the fourth quarter valued at $27,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. acquired a new stake in OPAL Fuels in the second quarter valued at $28,000. Finally, Intech Investment Management LLC acquired a new stake in OPAL Fuels in the second quarter valued at $28,000. 12.16% of the stock is owned by institutional investors and hedge funds.

About OPAL Fuels

OPAL Fuels NASDAQ: OPAL is a publicly traded company headquartered in San Diego, California, specializing in the production, distribution and dispensing of renewable natural gas (RNG) for heavy-duty transportation. The company operates a network of RNG fueling stations across California, offering fleets of trucks, transit buses and logistics providers a low-carbon alternative to conventional diesel without requiring significant changes to existing vehicle technology or fueling infrastructure.

OPAL Fuels sources organic byproducts from dairy farms, landfills and food-processing facilities, converting methane-rich biogas into pipeline-quality RNG through a series of anaerobic digestion and gas-upgrading processes.

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