In the latest trading session, 3.18 million Clean Energy Fuels Corp (NASDAQ:CLNE) shares changed hands as the company’s beta touched 2.31. With the company’s most recent per share price at $1.91 changed hands at -$0.8 or -29.39% at last look, the market valuation stands at $427.59M. CLNE’s current price is a discount, trading about -92.15% off its 52-week high of $3.67. The share price had its 52-week low at $2.17, which suggests the last value was -13.61% down since then.
Analysts gave the Clean Energy Fuels Corp (CLNE) stock a consensus recommendation rating of Strong Buy, calculated at a mean rating of 1.25. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 1 assigning it an Overweight rating. Of the remaining, 0 recommended CLNE as a Hold, 1 felt it is a Buy and 0 rated the stock as Underweight. Clean Energy Fuels Corp’s EPS for the current quarter is expected to be -0.01.
Clean Energy Fuels Corp (NASDAQ:CLNE) trade information
Instantly CLNE was in red as seen in intraday trades today. With action -37.26%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -23.76%, with the 5-day performance at -37.26% in the red. However, in the 30-day time frame, Clean Energy Fuels Corp (NASDAQ:CLNE) is -39.25% down.
The consensus price target for the stock as assigned by Wall Street analysts is 5, meaning bulls need an upside of 61.8% from its recent market value. According to analyst projections, CLNE’s forecast low is 5 with 5 as the target high. To hit the forecast high, the stock’s price needs a -161.78% plunge from its current level, while the stock would need to soar -161.78% for it to hit the projected low.
Clean Energy Fuels Corp (CLNE) estimates and forecasts
Year-over-year growth is forecast to reach -11.61% down from the last financial year.
Consensus estimates given by 4 financial analysts project the company’s revenue in the current quarter to hit an average of 94.48M. 4 analysts are of the opinion that Clean Energy Fuels Corp’s revenue for the current quarter will be 93.69M. The company’s revenue for the corresponding quarters a year ago was 103.71M and 97.95M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at -8.90%. The estimates for the next quarter sales put growth at -4.35%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of -84.29%. The 2025 estimates are for Clean Energy Fuels Corp earnings to decrease by -866.81%, but the outlook for the next 5-year period is at 85.11% per year.
Clean Energy Fuels Corp (NASDAQ:CLNE)’s Major holders
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 6.7661% or 15.1 million shares worth $40.32 million as of 2024-06-30.
Among Mutual Funds, the top two as of Sep 30, 2024 were Vanguard Total Stock Market Index Fund and GMO Climate Change Fund. With 5.4 shares estimated at $10.4 million under it, the former controlled 2.42% of total outstanding shares. On the other hand, GMO Climate Change Fund held about 2.17% of the shares, roughly 4.85 shares worth around $9.33 million.
