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Montauk Renewables (MNTK) Stock Forecast, Price & News

$7.60
+0.01 (+0.13%)
(As of 06/9/2023 ET)
Compare
Today's Range
$7.44
$7.68
50-Day Range
$6.06
$7.87
52-Week Range
$5.46
$20.78
Volume
280,402 shs
Average Volume
267,540 shs
Market Capitalization
$1.09 billion
P/E Ratio
33.04
Dividend Yield
N/A
Price Target
$7.25

Montauk Renewables MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
4.6% Downside
$7.25 Price Target
Short Interest
Bearish
9.66% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
1.10mentions of Montauk Renewables in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
566.67%
From $0.06 to $0.40 Per Share

Overall MarketRank

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

1.59 out of 5 stars

Oils/Energy Sector

223rd out of 249 stocks

Gas & Other Services Combined Industry

6th out of 6 stocks


MNTK stock logo

About Montauk Renewables (NASDAQ:MNTK) Stock

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 capture 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 long-term owner-operators of landfills and livestock farms, local utilities, and refiners in the natural gas and refining sectors. The company was founded in 1980 and is headquartered in Pittsburgh, Pennsylvania.

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MNTK Stock News Headlines

Montauk Renewables (NASDAQ:MNTK) Trading Up 5.1%
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Unlock Profit Potential: Find Hidden Trade Opportunities Using A.I.
There’s a tool that scans and picks the best stocks…how you approach the trades is up to you. But when you’re forecasting 1 – 3 days in advance, it’s not really a guessing game. Stop guessing and start predicting to add consistency to your trades… no matter what happens in the market.
Q1 2023 Montauk Renewables Inc Earnings Call
Montauk Renewables (NASDAQ:MNTK) Raised to Neutral at UBS Group
Montauk Renewables (NASDAQ:MNTK) Upgraded at UBS Group
UBS Upgrades Montauk Renewables (MNTK)
See More Headlines

MNTK Price History

MNTK Company Calendar

Last Earnings
3/16/2023
Today
6/09/2023
Next Earnings (Estimated)
8/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Gas & other services combined
Sub-Industry
N/A
Current Symbol
NASDAQ:MNTK
Fax
N/A
Employees
132
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$7.25
High Stock Price Forecast
$7.50
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
-4.6%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
4 Analysts

Profitability

Net Income
$35.19 million
Pretax Margin
14.94%

Debt

Sales & Book Value

Annual Sales
$205.56 million
Cash Flow
$0.40 per share
Book Value
$1.58 per share

Miscellaneous

Free Float
65,797,000
Market Cap
$1.09 billion
Optionable
Not Optionable
Beta
-0.37

Key Executives

  • Mr. Sean F. McClain B.S. (Age 48)
    CPA, M.B.A., Pres, CEO & Director
    Comp: $369.49k
  • Mr. Kevin Andrew Van Asdalan B.Sc. (Age 45)
    C.P.A., M.B.A., CFO & Treasurer
    Comp: $267.08k
  • Mr. Scott E. Hill
    VP of Bus. Devel.
  • Mr. James A. Shaw (Age 51)
    VP of Operations
  • Mr. John Ciroli (Age 52)
    VP, Gen. Counsel & Sec.
  • Ms. Sharon Frank
    VP of Environmental, Health & Safety













MNTK Stock - Frequently Asked Questions

Should I buy or sell Montauk Renewables stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Montauk Renewables in the last year. There are currently 4 hold ratings for the stock. The consensus among Wall Street 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 forecast for 2023?

4 equities research analysts have issued 1 year price targets for Montauk Renewables' stock. Their MNTK share price forecasts range from $7.00 to $7.50. On average, they expect the company's stock price to reach $7.25 in the next year. This suggests that the stock has a possible downside of 4.6%.
View analysts price targets for MNTK
or view top-rated stocks among Wall Street analysts.

How have MNTK shares performed in 2023?

Montauk Renewables' stock was trading at $11.03 at the beginning of the year. Since then, MNTK shares have decreased by 31.1% and is now trading at $7.60.
View the best growth stocks for 2023 here
.

When is Montauk Renewables' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 2023.
View our MNTK earnings forecast
.

How were Montauk Renewables' earnings last quarter?

Montauk Renewables, Inc. (NASDAQ:MNTK) announced its quarterly earnings results on Thursday, March, 16th. The company reported $0.05 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.11 by $0.06. The company had revenue of $49.64 million for the quarter, compared to analyst estimates of $61.80 million. Montauk Renewables had a net margin of 16.89% and a trailing twelve-month return on equity of 15.89%.

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

Montauk Renewables issued an update on its FY 2023 earnings guidance on Friday, May, 12th. The company provided EPS guidance of for the period. The company issued revenue guidance of $155.00 million-$164.00 million, compared to the consensus revenue estimate of $169.26 million.

When did Montauk Renewables IPO?

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

What is Montauk Renewables' stock symbol?

Montauk Renewables trades on the NASDAQ under the ticker symbol "MNTK."

Who are Montauk Renewables' major shareholders?

Montauk Renewables' stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (2.95%), State Street Corp (1.72%), Geode Capital Management LLC (0.89%), First Trust Advisors LP (0.72%), Charles Schwab Investment Management Inc. (0.33%) and Susquehanna International Group LLP (0.26%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Montauk Renewables' stock price today?

One share of MNTK stock can currently be purchased for approximately $7.60.

How much money does Montauk Renewables make?

Montauk Renewables (NASDAQ:MNTK) has a market capitalization of $1.09 billion and generates $205.56 million in revenue each year. The company earns $35.19 million in net income (profit) each year or $0.23 on an earnings per share basis.

How many employees does Montauk Renewables have?

The company employs 132 workers across the globe.

How can I contact Montauk Renewables?

Montauk Renewables' mailing address is 680 ANDERSEN DR FOSTER PL 10 FL 5, PITTSBURGH PA, 15220. The official website for the company is montaukenergy.com. The company can be reached via phone at 412-747-8700 or via email at investor@montaukenergy.com.

This page (NASDAQ:MNTK) was last updated on 6/9/2023 by MarketBeat.com Staff

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