Should I buy or sell Clean Energy Fuels stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clean Energy Fuels in the last year. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLNE shares. View CLNE analyst ratings or view top-rated stocks .

What is Clean Energy Fuels' stock price target for 2024?

6 analysts have issued 12 month target prices for Clean Energy Fuels' stock. Their CLNE share price targets range from $5.50 to $22.00. On average, they predict the company's stock price to reach $9.86 in the next twelve months. This suggests a possible upside of 189.9% from the stock's current price. View analysts price targets for CLNE or view top-rated stocks among Wall Street analysts .

How have CLNE shares performed in 2023?

Clean Energy Fuels' stock was trading at $5.20 at the beginning of the year. Since then, CLNE stock has decreased by 34.6% and is now trading at $3.40. View the best growth stocks for 2023 here .

When is Clean Energy Fuels' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024. View our CLNE earnings forecast .

How were Clean Energy Fuels' earnings last quarter?

Clean Energy Fuels Corp. (NASDAQ:CLNE) issued its quarterly earnings data on Thursday, November, 9th. The utilities provider reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.08) by $0.04. The utilities provider had revenue of $95.57 million for the quarter, compared to the consensus estimate of $109.91 million. Clean Energy Fuels had a negative net margin of 21.56% and a negative trailing twelve-month return on equity of 13.19%.

What ETFs hold Clean Energy Fuels' stock?

ETFs with the largest weight of Clean Energy Fuels (NASDAQ:CLNE) stock in their portfolio include ALPS Clean Energy ETF (ACES) , VanEck Green Infrastructure ETF (RNEW) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and

What is Andrew J. Littlefair's approval rating as Clean Energy Fuels' CEO?

44 employees have rated Clean Energy Fuels Chief Executive Officer Andrew J. Littlefair on Glassdoor.com . Andrew J. Littlefair has an approval rating of 44% among the company's employees. This puts Andrew J. Littlefair in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 59.0% of employees surveyed would recommend working at Clean Energy Fuels to a friend.

What other stocks do shareholders of Clean Energy Fuels own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Clean Energy Fuels investors own include Westport Fuel Systems (WPRT) , Cheniere Energy (LNG) , Chesapeake Energy (CHKAQ) , NVIDIA (NVDA) , Ford Motor (F) , OPKO Health (OPK) , XOMA (XOMA) , Advanced Micro Devices (AMD) , Intel (INTC) and Kinder Morgan (KMI) .

Who are Clean Energy Fuels' major shareholders?

Clean Energy Fuels' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Grantham Mayo Van Otterloo & Co. LLC (6.17%), Northern Trust Corp (0.91%), Schonfeld Strategic Advisors LLC (0.82%), Charles Schwab Investment Management Inc. (0.60%), Rice Hall James & Associates LLC (0.52%) and Alps Advisors Inc. (0.30%). Insiders that own company stock include Andrew J Littlefair, Barclay Corbus , Marketing Services SA Total, Marketing Services SAS Total, Mitchell W Pratt and Robert M Vreeland . View institutional ownership trends .

How do I buy shares of Clean Energy Fuels?

Shares of CLNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull , Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here .

Clean Energy Fuels Stock Price, News & Analysis (NASDAQ:CLNE)

$3.43

+0.03 (+0.88%)

(As of 10:33 AM ET)

Compare

Today's Range: $3.36
▼
$3.45
50-Day Range: $3.28
▼
$4.13
52-Week Range: $3.06
▼
$6.20

Volume: 214,279 shs
Average Volume: 1.88 million shs
Market Capitalization: $764.96 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $9.86

Clean Energy Fuels MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 189.9% Upside
$9.86 Price Target
Short Interest: Bearish
7.13% of Float Sold Short
Dividend Strength: N/A
Sustainability: -3.52
Upright™ Environmental Score
News Sentiment: N/A
Insider Trading: N/A
Proj. Earnings Growth: Growing
From ($0.46) to ($0.38) Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.74 out of 5 stars

Utilities Sector

72nd out of 86 stocks

Gas & Other Services Combined Industry

3rd out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
Clean Energy Fuels has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 4 buy ratings, 1 hold rating, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $9.86, Clean Energy Fuels has a forecasted upside of 189.9% from its current price of $3.40.
Amount of Analyst Coverage
Clean Energy Fuels has only been the subject of 2 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
7.13% of the float of Clean Energy Fuels has been sold short.
Short Interest Ratio / Days to Cover
Clean Energy Fuels has a short interest ratio ("days to cover") of 6.5.
Change versus previous month
Short interest in Clean Energy Fuels has recently increased by 0.77%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Clean Energy Fuels does not currently pay a dividend.
Dividend Growth
Clean Energy Fuels does not have a long track record of dividend growth.

2.7

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Clean Energy Fuels has received a 19.12% net impact score from Upright. The largest positive contribution comes from its "Societal infrastructure" impact, which is driven by its "Animal manure biogas" and "Construction of gas stations" products. See details.
Environmental Sustainability
The Environmental Impact score for Clean Energy Fuels is -3.52.

1.1

News and Social Media Coverage

Search Interest
5 people have searched for CLNE on MarketBeat in the last 30 days. This is an increase of 150% compared to the previous 30 days.
MarketBeat Follows
8 people have added Clean Energy Fuels to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days.

0.8

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Clean Energy Fuels insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 3.70% of the stock of Clean Energy Fuels is held by insiders.
Percentage Held by Institutions
49.40% of the stock of Clean Energy Fuels is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6

Earnings and Valuation

Earnings Growth
Earnings for Clean Energy Fuels are expected to grow in the coming year, from ($0.46) to ($0.38) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Clean Energy Fuels is -8.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Clean Energy Fuels is -8.10, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Clean Energy Fuels has a P/B Ratio of 1.04. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Clean Energy Fuels Stock (NASDAQ:CLNE)

Clean Energy Fuels Corp. provides natural gas as an alternative fuel for vehicle fleets and related fueling solutions in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations. The company also designs, builds, operates, and maintains vehicle fueling stations; and sells and services compressors and other equipment that are used in RNG production and fueling stations. In addition, it transports and sells CNG, RNG, and LNG through virtual natural gas pipelines and interconnects; sells U.S. federal, state, and local government credits, such as RNG as a vehicle fuel, including Renewable Identification Numbers and Low Carbon Fuel Standards credits; and obtains federal, state, and local credits, grants, and incentives. Further, the company focuses on developing, owning, and operating dairy and other livestock waste RNG projects. It serves heavy-duty trucking, airports, refuse, public transit, industrial, and institutional energy users, as well as government fleets. As of December 31, 2022, the company served approximately 1,000 fleet customers operating approximately 50,000 vehicles. Clean Energy Fuels Corp. was incorporated in 2001 and is headquartered in Newport Beach, California.

CLNE Stock Price History

30 days | 90 days | 365 days | Advanced Chart

CLNE Stock News Headlines

November 28, 2023 | americanbankingnews.com

Clean Energy Fuels (NASDAQ:CLNE) Given New $8.00 Price Target at Stifel Nicolaus

November 12, 2023 | morningstar.com

Clean Energy Fuels Corp CLNE

December 8, 2023 | Edge On The Street (Ad)

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November 11, 2023 | markets.businessinsider.com

Analysts Have Conflicting Sentiments on These NA Companies: Clean Energy Fuels (CLNE) and Hyliion Holdings (HYLN)

November 10, 2023 | finance.yahoo.com

Clean Energy Fuels Corp. (NASDAQ:CLNE) Q4 2023 Earnings Call Transcript

November 10, 2023 | finance.yahoo.com

Q3 2023 Clean Energy Fuels Corp Earnings Call

November 9, 2023 | finance.yahoo.com

Compared to Estimates, Clean Energy Fuels (CLNE) Q3 Earnings: A Look at Key Metrics

November 9, 2023 | finance.yahoo.com

Clean Energy Reports Revenue of $95.6 Million and 56.7 Million RNG Gallons Sold for the Third Quarter of 2023

December 8, 2023 | Edge On The Street (Ad)

U.S. Military Defense Fails Without Vanadium?

October 25, 2023 | msn.com

SunPower plummets after warning of financial restatements

October 16, 2023 | finance.yahoo.com

Clean Energy to Report Third Quarter 2023 Financial Results on November 9; Conference Call to Follow at 1:30 p.m. Pacific Time

October 11, 2023 | washingtonpost.com

Will Hydrogen Fuel a Clean-Energy Future, or Fizzle?

October 3, 2023 | msn.com

Clean Energy Fuels surges after Raymond James raises to Strong Buy

October 3, 2023 | finance.yahoo.com

Why Clean Energy Fuels Stock Popped 4% Today

September 27, 2023 | msn.com

Natural gas is a clean, affordable and reliable energy source for Americans

September 21, 2023 | finance.yahoo.com

7 Small-Cap Stocks Analysts Predict Will Double in 2024

September 14, 2023 | benzinga.com

Elemental Clean Fuels partners with Piney Point Capital and Fusion Fuel to advance Decarbonization Projects in North America

September 12, 2023 | bizjournals.com

Chevron rejoins Advanced Clean Energy Storage project in Utah through acquisition

September 11, 2023 | msn.com

G20 summit yields pledge to support tripling of global renewables, little else

September 11, 2023 | finance.yahoo.com

Is Clean Energy Fuels (CLNE) Too Good to Be True? A Comprehensive Analysis of a Potential Value Trap

September 11, 2023 | finance.yahoo.com

Unraveling the Future of Clean Energy Fuels Corp (CLNE): A Deep Dive into Key Metrics

September 9, 2023 | abcnews.go.com

G20 countries agree to increase clean energy but reach no deal on phasing out fossil fuels

September 7, 2023 | msn.com

Northland Capital Markets Initiates Coverage of Clean Energy Fuels (CLNE) with Outperform Recommendation

August 15, 2023 | finance.yahoo.com

Those who invested in Clean Energy Technologies (NASDAQ:CETY) five years ago are up 138%

August 2, 2023 | seekingalpha.com

Clean Energy Fuels: Lackluster Performance And Likely No Catalyst In Coming Report

July 13, 2023 | msn.com

Clean Energy Fuels a new Buy at Stifel as top pick in dairy renewable natgas

July 10, 2023 | finance.yahoo.com

Clean Energy to Report Second Quarter 2023 Financial Results on August 9; Conference Call to Follow at 1:30 p.m. Pacific Time

See More Headlines

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Company Calendar

Last Earnings: 11/09/2023
Today: 12/07/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 2/27/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Gas & other services combined
Sub-Industry: Oil & Gas Refining & Marketing
Sector: Utilities
Current Symbol: NASDAQ:CLNE
CUSIP: 18449910
CIK: 1368265
Web: www.cleanenergyfuels.com
Phone: (949) 437-1000
Fax: 949-724-1397
Employees: 496
Year Founded: 1997

Price Target and Rating

Average Stock Price Target: $9.86
High Stock Price Target: $22.00
Low Stock Price Target: $5.50
Potential Upside/Downside: +189.9%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.42)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-58,730,000.00
Net Margins: -21.56%
Pretax Margin: -21.76%
Return on Equity: -13.19%
Return on Assets: -8.74%

Debt

Debt-to-Equity Ratio: 0.21
Current Ratio: 2.69
Quick Ratio: 2.42

Sales & Book Value

Annual Sales: $420.16 million
Price / Sales: 1.80
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $3.27 per share
Price / Book: 1.04

Miscellaneous

Outstanding Shares: 223,020,000
Free Float: 214,768,000
Market Cap: $758.27 million
Optionable: Optionable
Beta: 2.14

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Key Executives

Mr. Andrew J. Littlefair (Age 62)
Co-Founder, President, CEO & Director
Comp: $1.12M
Mr. Robert M. Vreeland (Age 61)
Chief Financial Officer
Comp: $606.46k
Mr. Mitchell W. Pratt (Age 64)
Chief Technology Development Officer
Comp: $698.39k
Mr. Barclay F. Corbus (Age 56)
Senior VP of Strategic Development & Head of Renewable Fuels
Comp: $644.52k
Ms. Barbara Johnson Bechthold
Vice President of Administration
Jim Systma
VP, Corporate Secretary & General Counsel
Mr. Gary Foster
Senior Vice President of Corporate Communications
Mr. Chad M. Lindholm
Senior Vice President of Sales

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

CLNE Stock Analysis - Frequently Asked Questions

Should I buy or sell Clean Energy Fuels stock right now?: 6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Clean Energy Fuels in the last year. There are currently 1 hold rating, 4 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" CLNE shares.
View CLNE analyst ratings or view top-rated stocks.
What is Clean Energy Fuels' stock price target for 2024?: 6 analysts have issued 12 month target prices for Clean Energy Fuels' stock. Their CLNE share price targets range from $5.50 to $22.00. On average, they predict the company's stock price to reach $9.86 in the next twelve months. This suggests a possible upside of 189.9% from the stock's current price.
View analysts price targets for CLNE or view top-rated stocks among Wall Street analysts.
How have CLNE shares performed in 2023?: Clean Energy Fuels' stock was trading at $5.20 at the beginning of the year. Since then, CLNE stock has decreased by 34.6% and is now trading at $3.40.
View the best growth stocks for 2023 here.
When is Clean Energy Fuels' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, February 27th 2024.
View our CLNE earnings forecast.
How were Clean Energy Fuels' earnings last quarter?: Clean Energy Fuels Corp. (NASDAQ:CLNE) issued its quarterly earnings data on Thursday, November, 9th. The utilities provider reported ($0.12) EPS for the quarter, missing analysts' consensus estimates of ($0.08) by $0.04. The utilities provider had revenue of $95.57 million for the quarter, compared to the consensus estimate of $109.91 million. Clean Energy Fuels had a negative net margin of 21.56% and a negative trailing twelve-month return on equity of 13.19%.
What ETFs hold Clean Energy Fuels' stock?: ETFs with the largest weight of Clean Energy Fuels (NASDAQ:CLNE) stock in their portfolio include ALPS Clean Energy ETF (ACES), VanEck Green Infrastructure ETF (RNEW) and iShares U.S. Oil & Gas Exploration & Production ETF (IEO) and

What is Andrew J. Littlefair's approval rating as Clean Energy Fuels' CEO?: 44 employees have rated Clean Energy Fuels Chief Executive Officer Andrew J. Littlefair on Glassdoor.com. Andrew J. Littlefair has an approval rating of 44% among the company's employees. This puts Andrew J. Littlefair in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies. 59.0% of employees surveyed would recommend working at Clean Energy Fuels to a friend.
What other stocks do shareholders of Clean Energy Fuels own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Clean Energy Fuels investors own include Westport Fuel Systems (WPRT), Cheniere Energy (LNG), Chesapeake Energy (CHKAQ), NVIDIA (NVDA), Ford Motor (F), OPKO Health (OPK), XOMA (XOMA), Advanced Micro Devices (AMD), Intel (INTC) and Kinder Morgan (KMI).
Who are Clean Energy Fuels' major shareholders?: Clean Energy Fuels' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Grantham Mayo Van Otterloo & Co. LLC (6.17%), Northern Trust Corp (0.91%), Schonfeld Strategic Advisors LLC (0.82%), Charles Schwab Investment Management Inc. (0.60%), Rice Hall James & Associates LLC (0.52%) and Alps Advisors Inc. (0.30%). Insiders that own company stock include Andrew J Littlefair, Barclay Corbus, Marketing Services SA Total, Marketing Services SAS Total, Mitchell W Pratt and Robert M Vreeland.
View institutional ownership trends.
How do I buy shares of Clean Energy Fuels?: Shares of CLNE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

This page (NASDAQ:CLNE) was last updated on 12/8/2023 by MarketBeat.com Staff

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