In last trading session, Montauk Renewables Inc (NASDAQ:MNTK) saw 0.34 million shares changing hands with its beta currently measuring 0.08. Company’s recent per share price level of $1.95 trading at $0.05 or 2.36% at ring of the bell on the day assigns it a market valuation of $277.75M. That closing price of MNTK’s stock is at a discount of -218.97% from its 52-week high price of $6.22 and is indicating a premium of 2.56% from its 52-week low price of $1.90. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.26 million shares which gives us an average trading volume of 197.31K if we extend that period to 3-months.
For Montauk Renewables Inc (MNTK), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.60. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.02 in the current quarter.
Montauk Renewables Inc (NASDAQ:MNTK) trade information
Upright in the green during last session for gaining 2.36%, in the last five days MNTK remained trading in the red while hitting it’s week-highest on Wednesday, 04/02/25 when the stock touched $1.95 price level, adding 18.07% to its value on the day. Montauk Renewables Inc’s shares saw a change of -51.01% in year-to-date performance and have moved -6.70% in past 5-day. Montauk Renewables Inc (NASDAQ:MNTK) showed a performance of -37.50% in past 30-days. Number of shares sold short was 1.28 million shares which calculate 6.88 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 6.25 to the stock, which implies a rise of 68.8% to its current value. Analysts have been projecting 6.25 as a low price target for the stock while placing it at a high target of 6.25. It follows that stock’s current price would drop -220.51% in reaching the projected high whereas dropping to the targeted low would mean a loss of -220.51% for stock’s current value.
Montauk Renewables Inc (MNTK) estimates and forecasts
This year revenue growth is estimated to rise 2.20% from the last financial year’s standing.
2 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 42.4M for the same. And 2 analysts are in estimates of company making revenue of 42.6M in the next quarter. Company posted 38.79M and 43.34M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 10.83% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 57.94% while estimates for its earnings growth in next 5 years are of 48.29%.
Montauk Renewables Inc (NASDAQ:MNTK)’s Major holders
Insiders are in possession of 68.59% of company’s total shares while institution are holding 16.91 percent of that, with stock having share float percentage of 53.84%. Investors also watch the number of corporate investors in a company very closely, which is 16.91% institutions for Montauk Renewables Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at MNTK for having 4.51 million shares of worth $25.71 million. And as of 2024-06-30, it was holding 3.1753 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 3.67 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.5866 of outstanding shares, having a total worth of $20.93 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 1.77 shares of worth $3.45 million or 1.24% of the total outstanding shares. The later fund manager was in possession of 1.68 shares on Feb 28, 2025 , making its stake of worth around $3.28 million in the company or a holder of 1.18% of company’s stock.
