NASDAQ:MNTK

Montauk Renewables (MNTK) Stock Price, News & Analysis

$4.67
+0.47 (+11.19%)
(As of 05/10/2024 08:55 PM ET)
Today's Range
$4.33
$4.82
50-Day Range
$3.43
$5.42
52-Week Range
$3.38
$10.95
Volume
562,700 shs
Average Volume
361,771 shs
Market Capitalization
$670.71 million
P/E Ratio
31.13
Dividend Yield
N/A
Price Target
$7.83

Montauk Renewables MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.50 Rating Score
Upside/​Downside
67.7% Upside
$7.83 Price Target
Short Interest
N/A
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.34mentions of Montauk Renewables in the last 14 days
Based on 24 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-4.17%
From $0.24 to $0.23 Per Share

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.

1.62 out of 5 stars

Oils/Energy Sector

193rd out of 242 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

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Montauk Renewables (NASDAQ:MNTK) Price Target Cut to $6.00
Montauk Renewables earnings: here's what Wall Street expects
Montauk Renewables Inc (MNTK)
DUK Oct 2024 70.000 call
DUK Jan 2026 65.000 call
Earnings Outlook For Montauk Renewables
Q4 2023 Montauk Renewables Inc Earnings Call
Recap: Montauk Renewables Q4 Earnings
See More Headlines
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Company Calendar

Last Earnings
5/09/2024
Today
5/12/2024
Next Earnings (Estimated)
8/14/2024
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
$7.83
High Stock Price Target
$9.50
Low Stock Price Target
$6.00
Potential Upside/Downside
+67.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.50
Research Coverage
2 Analysts

Profitability

Net Income
$14.95 million
Pretax Margin
10.50%

Debt

Sales & Book Value

Annual Sales
$174.90 million
Cash Flow
$0.25 per share
Book Value
$1.74 per share

Miscellaneous

Free Float
65,780,000
Market Cap
$670.71 million
Optionable
Optionable
Beta
-0.40
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MNTK Stock Analysis - Frequently Asked Questions

Should I buy or sell Montauk Renewables stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Montauk Renewables in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" MNTK shares.
View MNTK analyst ratings
or view top-rated stocks.

What is Montauk Renewables' stock price target for 2024?

2 Wall Street analysts have issued twelve-month target prices for Montauk Renewables' stock. Their MNTK share price targets range from $6.00 to $9.50. On average, they predict the company's stock price to reach $7.83 in the next year. This suggests a possible upside of 67.7% from the stock's current price.
View analysts price targets for MNTK
or view top-rated stocks among Wall Street analysts.

How have MNTK shares performed in 2024?

Montauk Renewables' stock was trading at $8.91 at the beginning of 2024. Since then, MNTK stock has decreased by 47.6% and is now trading at $4.67.
View the best growth stocks for 2024 here
.

When is Montauk Renewables' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024.
View our MNTK earnings forecast
.

How were Montauk Renewables' earnings last quarter?

Montauk Renewables, Inc. (NASDAQ:MNTK) issued its quarterly earnings results on Thursday, May, 9th. The company reported $0.01 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.02) by $0.03. The firm had revenue of $38.79 million for the quarter. Montauk Renewables had a net margin of 10.58% and a trailing twelve-month return on equity of 8.56%. During the same quarter in the previous year, the company earned ($0.03) EPS.

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

Montauk Renewables issued an update on its FY 2024 earnings guidance on Thursday, May, 9th. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $213.0 million-$234.0 million, compared to the consensus revenue estimate of $221.3 million.

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 $7.00-$8.00 per share. Roth Capital Partners acted as the underwriter for the IPO.

Who are Montauk Renewables' major shareholders?

Montauk Renewables' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (2.50%), Hosking Partners LLP (0.55%), Principal Financial Group Inc. (0.02%) and State Board of Administration of Florida Retirement System (0.01%). 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MNTK) was last updated on 5/13/2024 by MarketBeat.com Staff

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