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NASDAQ:MNTK

Montauk Renewables (MNTK) Stock Price, News & Analysis

$5.72
-0.14 (-2.39%)
(As of 07/26/2024 ET)
Today's Range
$5.70
$6.11
50-Day Range
$4.87
$5.95
52-Week Range
$3.38
$10.95
Volume
341,332 shs
Average Volume
323,771 shs
Market Capitalization
$821.95 million
P/E Ratio
38.13
Dividend Yield
N/A
Price Target
$7.00

Montauk Renewables MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
22.4% Upside
$7.00 Price Target
Short Interest
Bearish
3.98% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.93mentions of Montauk Renewables in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.97 out of 5 stars

Oils/Energy Sector

221st out of 248 stocks

Gas & Other Services Combined Industry

5th out of 5 stocks

MNTK stock logo

About Montauk Renewables Stock (NASDAQ:MNTK)

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 captures 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 large, long-term owner-operators of landfills and livestock farms, local utilities, and large refiners in the natural gas and refining sectors. Montauk Renewables, Inc. was founded in 1980 and is headquartered in Pittsburgh, Pennsylvania.

MNTK Stock Price History

MNTK Stock News Headlines

“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
“Generational Bull Run” Incoming
LIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.
Montauk Renewables earnings: here's what Wall Street expects
Montauk Renewables Inc (MNTK)
DUK Oct 2024 70.000 call
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/08/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Gas & other services combined
Sub-Industry
N/A
Current Symbol
NASDAQ:MNTK
Fax
N/A
Employees
151
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$7.00
High Stock Price Target
$8.00
Low Stock Price Target
$6.00
Potential Upside/Downside
+22.4%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$14.95 million
Pretax Margin
18.75%

Debt

Sales & Book Value

Annual Sales
$194.54 million
Cash Flow
$0.25 per share
Book Value
$1.74 per share

Miscellaneous

Free Float
65,239,000
Market Cap
$821.95 million
Optionable
Optionable
Beta
-0.18
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MNTK Stock Analysis - Frequently Asked Questions

How have MNTK shares performed this year?

Montauk Renewables' stock was trading at $8.91 at the start of the year. Since then, MNTK shares have decreased by 35.8% and is now trading at $5.72.
View the best growth stocks for 2024 here
.

How were Montauk Renewables' earnings last quarter?

Montauk Renewables, Inc. (NASDAQ:MNTK) announced its quarterly earnings data on Thursday, May, 9th. The company reported $0.01 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.02) by $0.03. The business earned $38.79 million during the quarter. Montauk Renewables had a trailing twelve-month return on equity of 8.44% and a net margin of 10.58%.

When did Montauk Renewables IPO?

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

Who are Montauk Renewables' major shareholders?

Top institutional investors of Montauk Renewables include Bank of New York Mellon Corp (0.18%), Assenagon Asset Management S.A. (0.05%), Allspring Global Investments Holdings LLC (0.03%) and CWM LLC. Insiders that own company stock include Sean F Mcclain and Scott E Hill.
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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MNTK) was last updated on 7/26/2024 by MarketBeat.com Staff

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