During the last session, Clean Energy Fuels Corp (NASDAQ:CLNE)’s traded shares were 2.61 million, with the beta value of the company hitting 2.48. At the end of the trading day, the stock’s price was $1.57, reflecting an intraday loss of -5.42% or -$0.09. The 52-week high for the CLNE share is $3.67, that puts it down -133.76 from that peak though still a striking -3.18% loss since the share price plummeted to a 52-week low of $1.62. The company’s market capitalization is $351.06M, and the average intraday trading volume over the past 10 days was 2.46 million shares, and the average trade volume was 2.86 million shares over the past three months.
Clean Energy Fuels Corp (CLNE) received a consensus recommendation of Strong Buy from analysts. That translates to a mean rating of 1.22. CLNE has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.15.
Clean Energy Fuels Corp (NASDAQ:CLNE) trade information
Clean Energy Fuels Corp (CLNE) registered a -5.42% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -5.42% in intraday trading to $1.57, hitting a weekly high. The stock’s 5-day price performance is -10.80%, and it has moved by -22.28% in 30 days. Based on these gigs, the overall price performance for the year is -36.18%. The short interest in Clean Energy Fuels Corp (NASDAQ:CLNE) is 9.59 million shares and it means that shorts have 2.86 day(s) to cover.
The consensus price target of analysts on Wall Street is $5, which implies an increase of 68.6% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $5 respectively. As a result, CLNE is trading at a discount of -218.47% off the target high and -218.47% off the low.
Clean Energy Fuels Corp (CLNE) estimates and forecasts
In the rating firms’ projections, revenue will increase 1.65% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 98.75M as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to 97.8M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 103.71M and 97.95M respectively. In this case, analysts expect current quarter sales to shrink by -4.78% and then drop by -0.16% in the coming quarter.
While earnings are projected to return -1113.43% in 2025, the next five years will return 63.10% per annum.
CLNE Dividends
Clean Energy Fuels Corp is due to release its next quarterly earnings on 2025-Feb-23. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Clean Energy Fuels Corp (NASDAQ:CLNE)’s Major holders
Clean Energy Fuels Corp insiders own 21.11% of total outstanding shares while institutional holders control 52.39%, with the float percentage being 66.41%. GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC is the largest shareholder of the company, while 296.0 institutions own stock in it. As of 2024-06-30, the company held over 19.08 million shares (or 8.5451% of all shares), a total value of $50.94 million in shares.
The next largest institutional holding, with 15.1 million shares, is of BLACKROCK INC.’s that is approximately 6.7637% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $40.32 million.
Also, the Mutual Funds coming in first place with the largest holdings of Clean Energy Fuels Corp (CLNE) shares are Vanguard Total Stock Market Index Fund and GMO Climate Change Fund . Data provided on Dec 31, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 5.27 shares. This amounts to just over 2.36 percent of the company’s overall shares, with a $8.28 million market value. The same data shows that the other fund manager holds slightly less at 4.85, or about 2.17% of the stock, which is worth about $7.61 million.
