Should I buy or sell OPAL Fuels stock right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for OPAL Fuels in the last twelve months. There are currently 1 sell rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" OPAL shares. View OPAL analyst ratings or view top-rated stocks .

What is OPAL Fuels' stock price target for 2024?

8 brokers have issued 1 year price targets for OPAL Fuels' shares. Their OPAL share price targets range from $10.55 to $16.00. On average, they expect the company's share price to reach $13.36 in the next twelve months. This suggests a possible upside of 139.9% from the stock's current price. View analysts price targets for OPAL or view top-rated stocks among Wall Street analysts .

How have OPAL shares performed in 2023?

OPAL Fuels' stock was trading at $7.28 at the beginning of 2023. Since then, OPAL shares have decreased by 23.5% and is now trading at $5.57. View the best growth stocks for 2023 here .

When is OPAL Fuels' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024. View our OPAL earnings forecast .

Who are OPAL Fuels' major shareholders?

OPAL Fuels' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Invesco Ltd. (0.55%), Adage Capital Partners GP L.L.C. (0.13%), CWM LLC (0.10%), Iridian Asset Management LLC CT (0.04%), Stifel Financial Corp (0.04%) and Advisors Asset Management Inc. (0.02%). Insiders that own company stock include Ctc Holdings Ii LP Arclight, Jonathan Gilbert Maurer, Kevin Michael Fogarty, Marco F Gatti, Nadeem Nisar and Scott V Dols. View institutional ownership trends .

How do I buy shares of OPAL Fuels?

Shares of OPAL 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 .

OPAL Fuels Stock Price, News & Analysis (NASDAQ:OPAL)

$5.57

+0.10 (+1.83%)

(As of 12/1/2023 ET)

Compare

Today's Range: $5.44
▼
$5.68
50-Day Range: $5.45
▼
$8.20
52-Week Range: $5.16
▼
$10.10

Volume: 139,601 shs
Average Volume: 118,142 shs
Market Capitalization: $958.26 million

P/E Ratio: 7.23
Dividend Yield: N/A
Price Target: $13.36

OPAL Fuels MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 139.9% Upside
$13.36 Price Target
Short Interest: Healthy
2.09% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.37
Based on 7 Articles This Week
Insider Trading: Acquiring Shares
$27,500 Bought Last Quarter
Proj. Earnings Growth: Growing
From ($0.20) to $0.69 Per Share

Overall MarketRank^™

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

2.45 out of 5 stars

Oils/Energy Sector

86th out of 231 stocks

Gas & Other Services Combined Industry

2nd out of 3 stocks

3.4

Analyst's Opinion

Consensus Rating
OPAL Fuels has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 7 buy ratings, no hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $13.36, OPAL Fuels has a forecasted upside of 139.9% from its current price of $5.57.
Amount of Analyst Coverage
OPAL Fuels has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.09% of the float of OPAL Fuels has been sold short.
Short Interest Ratio / Days to Cover
OPAL Fuels has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in OPAL Fuels has recently increased by 12.66%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

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

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for OPAL.

1.9

News and Social Media Coverage

News Sentiment
OPAL Fuels has a news sentiment score of 0.37. 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 news sentiment score is similar to the average news sentiment of Oils/Energy companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for OPAL Fuels this week, compared to 1 article on an average week.
Search Interest
Only 3 people have searched for OPAL on MarketBeat in the last 30 days. This is a decrease of -57% compared to the previous 30 days.

3.3

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, OPAL Fuels insiders have bought more of their company's stock than they have sold. Specifically, they have bought $27,500.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
84.78% of the stock of OPAL Fuels is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 11.17% of the stock of OPAL Fuels is held by institutions.

1.9

Earnings and Valuation

Earnings Growth
Earnings for OPAL Fuels are expected to grow in the coming year, from ($0.20) to $0.69 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of OPAL Fuels is 7.23, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 120.76.
Price to Earnings Ratio vs. Sector
The P/E ratio of OPAL Fuels is 7.23, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 17.30.

See Top Rated MarketRank™ Stocks Here

About OPAL Fuels Stock (NASDAQ:OPAL)

OPAL Fuels Inc., together with its subsidiaries, engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel. In addition, it offers design, development, and construction services for hydrogen fueling stations. Further, the company generates and sells renewable power to utilities. OPAL Fuels Inc. was founded in 1998 and is based in White Plains, New York.

OPAL Stock Price History

30 days | 90 days | 365 days | Advanced Chart

OPAL Stock News Headlines

December 2, 2023 | americanbankingnews.com

Analysts Set OPAL Fuels Inc. (NASDAQ:OPAL) Price Target at $13.36

December 2, 2023 | americanbankingnews.com

OPAL Fuels (NASDAQ:OPAL) Shares Gap Up on Insider Buying Activity

December 2, 2023 | Wealthpress (Ad)

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November 30, 2023 | americanbankingnews.com

OPAL Fuels (NASDAQ:OPAL) versus PT Perusahaan Gas Negara Tbk (OTCMKTS:PPAAF) Financial Review

November 28, 2023 | americanbankingnews.com

OPAL Fuels (NASDAQ:OPAL) Price Target Lowered to $14.00 at Stifel Nicolaus

November 28, 2023 | americanbankingnews.com

OPAL Fuels (NASDAQ:OPAL) Shares Down 5.4% After Analyst Downgrade

November 15, 2023 | finance.yahoo.com

Implied Volatility Surging for On OPAL Fuels (OPAL) Stock Options

November 15, 2023 | finance.yahoo.com

OPAL Fuels Inc. (NASDAQ:OPAL) Q3 2023 Earnings Call Transcript

December 2, 2023 | DTI Trader (Ad)

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November 15, 2023 | msn.com

ONGC plans to invest Rs 1 lakh crore to set up 2 petrochemical plants

November 14, 2023 | investing.com

Opal Fuels (OPAL) Earnings Dates & Reports

November 13, 2023 | msn.com

OPAL Fuels GAAP EPS of -$0.01 misses by $0.14, revenue of $71.1M misses by $6.4M

November 13, 2023 | finance.yahoo.com

OPAL Fuels Reports Third Quarter 2023 Results

November 13, 2023 | finance.yahoo.com

OPAL Fuels Inc (OPAL) Reports Mixed Q3 2023 Results Amidst Strategic Growth

November 12, 2023 | markets.businessinsider.com

OPAL Fuels A earnings: here's what to expect

November 10, 2023 | msn.com

Clean Energy Fuels slides to three-year low intraday after Q3 miss, guidance cut

November 10, 2023 | benzinga.com

OPAL Fuels Earnings Preview

November 9, 2023 | finance.yahoo.com

Why Earnings Season Could Be Great for OPAL Fuels (OPAL)

October 30, 2023 | finance.yahoo.com

OPAL Fuels Announces Third Quarter 2023 Earnings Release Date and Conference Call

October 23, 2023 | finance.yahoo.com

Construction Commences on South Jersey Industries, OPAL Fuels, and Atlantic County Utilities Authority Renewable Natural Gas Facility

October 11, 2023 | msn.com

Israeli strikes demolish entire neighborhoods as Gaza faces blackout

October 2, 2023 | finance.yahoo.com

OPAL Fuels Inc.'s (NASDAQ:OPAL) Intrinsic Value Is Potentially 71% Above Its Share Price

September 25, 2023 | finance.yahoo.com

OPAL Fuels Inc. (OPAL) Soars 12.7%: Is Further Upside Left in the Stock?

September 21, 2023 | finance.yahoo.com

South Jersey Industries and OPAL Fuels Announce the Signing of Renewable Natural Gas Joint Venture

September 19, 2023 | yahoo.com

Taylor Swift Fuels Travis Kelce Romance Rumor With Birthstone Necklace

September 15, 2023 | msn.com

Goldman Sachs Initiates Coverage of OPAL Fuels Inc - (OPAL) with Sell Recommendation

September 15, 2023 | msn.com

OPAL Fuels started at Sell by Goldman, facing 'high bar' of consensus expectations

See More Headlines

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Company Calendar

Today: 12/01/2023
Fiscal Year End: 12/31/2023
Next Earnings (Estimated): 3/25/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Gas & other services combined
Sub-Industry: N/A
Sector: Oils/Energy
Current Symbol: NASDAQ:OPAL
CUSIP: N/A
CIK: 1842279
Web: opalfuels.com
Phone: 914-705-4000
Fax: N/A
Employees: 298
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $13.36
High Stock Price Target: $16.00
Low Stock Price Target: $10.55
Potential Upside/Downside: +139.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.75
Research Coverage: 8 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.77
Trailing P/E Ratio: 7.23
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $11.32 million
Net Margins: 11.06%
Pretax Margin: 16.85%
Return on Equity: -0.80%
Return on Assets: 1.00%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 1.86
Quick Ratio: 1.65

Sales & Book Value

Annual Sales: $235.53 million
Price / Sales: 4.07
Cash Flow: $0.16 per share
Price / Cash Flow: 35.35
Book Value: ($4.95) per share
Price / Book: -1.13

Miscellaneous

Outstanding Shares: 172,040,000
Free Float: 26,185,000
Market Cap: $958.26 million
Optionable: Not Optionable
Beta: 0.62

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Key Executives

Mr. Adam J. Comora
Co-Chief Executive Officer
Mr. Jonathan Gilbert Maurer (Age 64)
Co-Chief Executive Officer
Comp: $1.18M
Mr. John H. Coghlin Esq. (Age 56)
J.D., General Counsel
Comp: $570.93k
Mr. Scott Edelbach (Age 53)
Executive Vice President of Sustainable Transportation Fuels
Comp: $1.81M

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

OPAL Stock Analysis - Frequently Asked Questions

Should I buy or sell OPAL Fuels stock right now?: 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for OPAL Fuels in the last twelve months. There are currently 1 sell rating and 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "moderate buy" OPAL shares.
View OPAL analyst ratings or view top-rated stocks.
What is OPAL Fuels' stock price target for 2024?: 8 brokers have issued 1 year price targets for OPAL Fuels' shares. Their OPAL share price targets range from $10.55 to $16.00. On average, they expect the company's share price to reach $13.36 in the next twelve months. This suggests a possible upside of 139.9% from the stock's current price.
View analysts price targets for OPAL or view top-rated stocks among Wall Street analysts.
How have OPAL shares performed in 2023?: OPAL Fuels' stock was trading at $7.28 at the beginning of 2023. Since then, OPAL shares have decreased by 23.5% and is now trading at $5.57.
View the best growth stocks for 2023 here.
When is OPAL Fuels' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Monday, March 25th 2024.
View our OPAL earnings forecast.

Who are OPAL Fuels' major shareholders?: OPAL Fuels' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Invesco Ltd. (0.55%), Adage Capital Partners GP L.L.C. (0.13%), CWM LLC (0.10%), Iridian Asset Management LLC CT (0.04%), Stifel Financial Corp (0.04%) and Advisors Asset Management Inc. (0.02%). Insiders that own company stock include Ctc Holdings Ii LP Arclight, Jonathan Gilbert Maurer, Kevin Michael Fogarty, Marco F Gatti, Nadeem Nisar and Scott V Dols.
View institutional ownership trends.
How do I buy shares of OPAL Fuels?: Shares of OPAL 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:OPAL) was last updated on 12/2/2023 by MarketBeat.com Staff

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