Montauk Renewables Inc (NASDAQ:MNTK)’s traded shares stood at 0.3 million during the last session, with the company’s beta value hitting -0.22. At the close of trading, the stock’s price was $3.43, to imply a decrease of -10.21% or -$0.39 in intraday trading. The MNTK share’s 52-week high remains $6.22, putting it -81.34% down since that peak but still an impressive 1.46% since price per share fell to its 52-week low of $3.38.
Analysts have given a consensus recommendation of Buy for Montauk Renewables Inc (MNTK), translating to a mean rating of 2.60. Of 2 analyst(s) looking at the stock, 0 analyst(s) give MNTK a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.05.
Montauk Renewables Inc (NASDAQ:MNTK) trade information
After registering a -10.21% downside in the last session, Montauk Renewables Inc (MNTK) has traded red over the past five days. The 5-day price performance for the stock is -18.53%, and -16.95% over 30 days. With these gigs, the year-to-date price performance is -13.82%.
The extremes give us $6.25 and $6.25 for target low and target high price respectively. As such, MNTK has been trading -82.22% off suggested target high and -82.22% from its likely low.
Montauk Renewables Inc (MNTK) estimates and forecasts
The rating firms project that company’s revenue will grow 16.84% compared to the previous financial year.
Revenue forecast for the current quarter as set by 2 analysts is 56.32M. Meanwhile, for the current quarter, a total of 1 analyst(s) estimate revenue growth to 64.08M.Earnings reports from the last fiscal year show that sales brought in 46.81M and 38.79M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 20.32% before jumping 65.22% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -12.41% for the past 5-year period. While 2025 is set for a 69.50% return in earnings, projections for the next 5 years are at 37.73% annually.
MNTK Dividends
Montauk Renewables Inc has its next earnings report out in April. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 3.67 million shares, or about 2.5866% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $20.93 million.
We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Montauk Renewables Inc (MNTK) shares. Going by data provided on Dec 31, 2024 , iShares Russell 2000 ETF holds roughly 1.77 shares. This is just over 1.24% of the total shares, with a market valuation of $6.08 million. Data from the same date shows that the other fund manager holds a little less at 1.77, or 1.23% of the shares, all valued at about 6.06 million.
