LanzaTech Global Inc (NASDAQ:LNZA) has a beta value of 1.32 and has seen 1.11 million shares traded in the last trading session. The company, currently valued at $228.44M, closed the last trade at $1.15 per share which meant it lost -$0.1 on the day or -7.23% during that session. The LNZA stock price is -335.65% off its 52-week high price of $5.01 and 26.96% above the 52-week low of $0.84. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.9 million shares traded. The 3-month trading volume is 1.04 million shares.
The consensus among analysts is that LanzaTech Global Inc (LNZA) is Buy stock at the moment, with a recommendation rating of 1.50. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 3 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.14.
LanzaTech Global Inc (NASDAQ:LNZA) trade information
Sporting -7.23% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the LNZA stock price touched $1.15 or saw a rise of 29.01%. Year-to-date, LanzaTech Global Inc shares have moved -15.69%, while the 5-day performance has seen it change -25.96%. Over the past 30 days, the shares of LanzaTech Global Inc (NASDAQ:LNZA) have changed 13.24%. Short interest in the company has seen 8.02 million shares shorted with days to cover at 5.08.
Wall Street analysts have a consensus price target for the stock at $5.5, which means that the shares’ value could jump 79.09% from current levels. The projected low price target is $5.0 while the price target rests at a high of $6.0. In that case, then, we find that the current price level is -421.74% off the targeted high while a plunge would see the stock gain -334.78% from current levels.
LanzaTech Global Inc (LNZA) estimates and forecasts
Figures show that LanzaTech Global Inc shares have underperformed across the wider relevant industry. The company’s shares have lost -41.07% over the past 6 months, with this year growth rate of 12.66%, compared to 15.10% for the industry. Revenue growth from the last financial year stood is estimated to be 0.31%.
4 analysts offering their estimates for the company have set an average revenue estimate of 25.3M for the current quarter. 2 have an estimated revenue figure of 35.53M for the next ending quarter. Year-ago sales stood 20.5M and 10.24M respectively for this quarter and the next, and analysts expect sales will grow by 23.40% for the current quarter and 0.31% for the next.
Earnings growth for 2025 is a modest 17.41% while over the next 5 years, the company’s earnings are expected to increase by 20.97%.
LNZA Dividends
LanzaTech Global Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
LanzaTech Global Inc (NASDAQ:LNZA)’s Major holders
Insiders own 10.77% of the company shares, while shares held by institutions stand at 74.88% with a share float percentage of 83.92%. Investors are also buoyed by the number of investors in a company, with LanzaTech Global Inc having a total of 106.0 institutions that hold shares in the company.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF . As of Sep 30, 2024 , the former fund manager holds about 2.18% shares in the company for having 4.32 shares of worth $4.98 million while later fund manager owns 2.98 shares of worth $3.44 million as of Oct 31, 2024 , which makes it owner of about 1.51% of company’s outstanding stock.