Positive News SentimentPositive NewsNASDAQ:MNTK Montauk Renewables (MNTK) Stock Forecast, Price & News $7.60 +0.01 (+0.13%) (As of 06/9/2023 ET) Add Compare Share Share Today's Range$7.44▼$7.6850-Day Range$6.06▼$7.8752-Week Range$5.46▼$20.78Volume280,402 shsAverage Volume267,540 shsMarket Capitalization$1.09 billionP/E Ratio33.04Dividend YieldN/APrice Target$7.25 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Montauk Renewables MarketRank™ ForecastAnalyst RatingHold2.00 Rating ScoreUpside/Downside4.6% Downside$7.25 Price TargetShort InterestBearish9.66% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment1.10Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth566.67%From $0.06 to $0.40 Per ShareSee Full Details Hide Full Details 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 starsOils/Energy Sector223rd out of 249 stocksGas & Other Services Combined Industry6th out of 6 stocks 1.0 Analyst's Opinion Consensus RatingMontauk Renewables has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 4 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.25, Montauk Renewables has a forecasted downside of 4.6% from its current price of $7.60.Amount of Analyst CoverageMontauk Renewables has only been the subject of 4 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted9.66% of the float of Montauk Renewables has been sold short.Short Interest Ratio / Days to CoverMontauk Renewables has a short interest ratio ("days to cover") of 16, which indicates bearish sentiment.Change versus previous monthShort interest in Montauk Renewables has recently increased by 3.51%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldMontauk Renewables does not currently pay a dividend.Dividend GrowthMontauk Renewables does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for MNTK. Previous Next 3.4 News and Social Media Coverage News SentimentMontauk Renewables has a news sentiment score of 1.10. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.59 average news sentiment score of Oils/Energy companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Montauk Renewables this week, compared to 2 articles on an average week.Search Interest2 people have searched for MNTK on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.MarketBeat Follows1 people have added Montauk Renewables to their MarketBeat watchlist in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Montauk Renewables insiders have not sold or bought any company stock.Percentage Held by Insiders54.20% of the stock of Montauk Renewables is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 12.17% of the stock of Montauk Renewables is held by institutions. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Montauk Renewables are expected to grow by 566.67% in the coming year, from $0.06 to $0.40 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Montauk Renewables is 33.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.36.Price to Earnings Ratio vs. SectorThe P/E ratio of Montauk Renewables is 33.04, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 47.73.Price to Book Value per Share RatioMontauk Renewables has a P/B Ratio of 4.81. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Montauk Renewables (NASDAQ:MNTK) StockMontauk 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.Read More Receive MNTK Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Montauk Renewables and its competitors with MarketBeat's FREE daily newsletter. Email Address MNTK Stock News HeadlinesJune 1, 2023 | finance.yahoo.comMontauk Renewables, Inc.'s (NASDAQ:MNTK) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?June 1, 2023 | americanbankingnews.comMontauk Renewables (NASDAQ:MNTK) Trading Up 5.1%June 9, 2023 | Vantage Point (Ad)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. May 15, 2023 | americanbankingnews.comMontauk Renewables (NASDAQ:MNTK) Raised to Hold at Tudor, Pickering, Holt & Co.May 15, 2023 | americanbankingnews.comMontauk Renewables (NASDAQ:MNTK) Raised to "Hold" at Tudor PickeringMay 13, 2023 | americanbankingnews.comMontauk Renewables (NASDAQ:MNTK) Hits New 12-Month Low at $5.46May 12, 2023 | seekingalpha.comMontauk Renewables, Inc. (MNTK) Q1 2023 Earnings Call TranscriptMay 12, 2023 | msn.comTudor Pickering Upgrades Montauk Renewables (MNTK)June 9, 2023 | Vantage Point (Ad)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. May 12, 2023 | finance.yahoo.comMontauk Renewables First Quarter 2023 Earnings: Misses ExpectationsMay 11, 2023 | seekingalpha.comMontauk Renewables, Inc. 2023 Q1 - Results - Earnings Call PresentationMay 11, 2023 | finance.yahoo.comQ1 2023 Montauk Renewables Inc Earnings CallMay 11, 2023 | finance.yahoo.comMontauk Renewables (MNTK) Reports Q1 Loss, Misses Revenue EstimatesMay 10, 2023 | finance.yahoo.comMontauk Renewables Announces First Quarter 2023 ResultsMay 9, 2023 | americanbankingnews.comMontauk Renewables (MNTK) Scheduled to Post Earnings on WednesdayMay 5, 2023 | finance.yahoo.comInvestors Met With Slowing Returns on Capital At Montauk Renewables (NASDAQ:MNTK)April 26, 2023 | finance.yahoo.comMontauk Renewables Schedules First Quarter 2023 Conference Call for Wednesday, May 10, 2023, at 5:00 p.m. ETApril 22, 2023 | americanbankingnews.comShort Interest in Montauk Renewables, Inc. (NASDAQ:MNTK) Drops By 5.6%April 17, 2023 | finance.yahoo.comWith Montauk Renewables, Inc. (NASDAQ:MNTK) It Looks Like You'll Get What You Pay ForApril 16, 2023 | americanbankingnews.comMontauk Renewables (NASDAQ:MNTK) Raised to Neutral at UBS GroupApril 16, 2023 | americanbankingnews.comMontauk Renewables (NASDAQ:MNTK) Upgraded at UBS GroupApril 14, 2023 | msn.comUBS Upgrades Montauk Renewables (MNTK)April 5, 2023 | benzinga.comMontauk Renewables Stock (NASDAQ:MNTK), DividendsMarch 28, 2023 | finance.yahoo.comMontauk Renewables, Inc. Announces Approval of Provisional California Air Resource Board Carbon Intensity Score for Pico Energy Site in IdahoMarch 23, 2023 | finance.yahoo.comMontauk Renewables, Inc. Announces Planned Entrance Into South Carolina With A New RNG Project in South CarolinaMarch 21, 2023 | americanbankingnews.comMontauk Renewables (NASDAQ:MNTK) Rating Lowered to Neutral at Roth CapitalMarch 21, 2023 | americanbankingnews.comMontauk Renewables (NASDAQ:MNTK) Lowered to "Neutral" at Roth CapitalSee More Headlines MNTK Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart MNTK Company Calendar Last Earnings3/16/2023Today6/09/2023Next Earnings (Estimated)8/08/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Gas & other services combined Sub-IndustryN/A SectorOils/Energy Current SymbolNASDAQ:MNTK CUSIPN/A CIK1826600 Webmontaukenergy.com Phone412-747-8700FaxN/AEmployees132Year FoundedN/APrice 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 RatingHold Rating Score (0-4)2.00 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$0.23 Trailing P/E Ratio33.04 Forward P/E Ratio126.67 P/E GrowthN/ANet Income$35.19 million Net Margins16.89% Pretax Margin14.94% Return on Equity15.89% Return on Assets10.75% Debt Debt-to-Equity Ratio0.27 Current Ratio4.05 Quick Ratio4.05 Sales & Book Value Annual Sales$205.56 million Price / Sales5.31 Cash Flow$0.40 per share Price / Cash Flow19.17 Book Value$1.58 per share Price / Book4.81Miscellaneous Outstanding Shares143,660,000Free Float65,797,000Market Cap$1.09 billion OptionableNot Optionable Beta-0.37 Key ExecutivesMr. Sean F. McClain B.S. (Age 48)CPA, M.B.A., Pres, CEO & Director Comp: $369.49kMr. Kevin Andrew Van Asdalan B.Sc. (Age 45)C.P.A., M.B.A., CFO & Treasurer Comp: $267.08kMr. Scott E. HillVP of Bus. Devel.Mr. James A. Shaw (Age 51)VP of Operations Mr. John Ciroli (Age 52)VP, Gen. Counsel & Sec. Ms. Sharon FrankVP of Environmental, Health & SafetyMore ExecutivesKey CompetitorsOPAL FuelsNASDAQ:OPALCore LaboratoriesNYSE:CLBPermian Basin Royalty TrustNYSE:PBTCentral PuertoNYSE:CEPUHelix Energy Solutions GroupNYSE:HLXView All CompetitorsInsiders & InstitutionsJPMorgan Chase & Co.Bought 26,379 shares on 5/18/2023Ownership: 0.123%New York State Common Retirement FundSold 14,682 shares on 5/18/2023Ownership: 0.021%Susquehanna Fundamental Investments LLCSold 24,314 shares on 5/16/2023Ownership: 0.018%Balyasny Asset Management L.P.Sold 2,111 shares on 5/16/2023Ownership: 0.015%Jane Street Group LLCBought 17,413 shares on 5/16/2023Ownership: 0.012%View All Insider TransactionsView All Institutional Transactions 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 ETFs hold Montauk Renewables' stock? ETFs with the largest weight of Montauk Renewables (NASDAQ:MNTK) stock in their portfolio include SPDR S&P Kensho Clean Power ETF (CNRG), Strategy Shares Halt Climate Change ETF (NZRO), Ecofin U.S. Renewables Infrastructure Trust (RNEW), ALPS Clean Energy ETF (ACES), First Trust NASDAQ Clean Edge Green Energy Index Fund (QCLN), Etho Climate Leadership US ETF (ETHO), First Trust Small Cap Growth AlphaDEX Fund (FYC) and SPDR S&P Kensho New Economies Composite ETF (KOMP). 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. 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