Clean Energy Fuels Corp (NASDAQ:CLNE)’s traded shares stood at 1.61 million during the last session, with the company’s beta value hitting 2.58.The CLNE share’s 52-week high remains $3.67, putting it -153.1% down since that peak but still an impressive 10.34% since price per share fell to its 52-week low of $1.30. The company has a valuation of $324.75M, with an average of 1.7 million shares in intraday trading volume over the past 10 days and average of 2.79 million shares over the past 3 months.
Analysts have given a consensus recommendation of Strong Buy for Clean Energy Fuels Corp (CLNE), translating to a mean rating of 1.20. Of 2 analyst(s) looking at the stock, 0 analyst(s) give CLNE a Sell rating. 1 of those analysts rate the stock as Overweight while 0 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 -0.16.
Clean Energy Fuels Corp (NASDAQ:CLNE) trade information
The 5-day price performance for the stock is 2.84%, and -6.45% over 30 days. With these gigs, the year-to-date price performance is -42.23%. Short interest in Clean Energy Fuels Corp (NASDAQ:CLNE) saw shorts transact 11.36 million shares and set a 4.09 days time to cover.
The extremes give us $2 and $2 for target low and target high price respectively. As such, CLNE has been trading -37.93% off suggested target high and -37.93% from its likely low.
Clean Energy Fuels Corp (CLNE) estimates and forecasts
The rating firms project that company’s revenue will shrink -3.60% compared to the previous financial year.
Revenue forecast for the current quarter as set by 7 analysts is 97.98M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 95.16M.Earnings reports from the last fiscal year show that sales brought in 103.71M and 97.95M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to fall -5.53% before dropping -2.85% in the following quarter.
CLNE Dividends
Clean Energy Fuels Corp has its next earnings report out on 2025-Feb-23. 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.
Clean Energy Fuels Corp (NASDAQ:CLNE)’s Major holders
Clean Energy Fuels Corp insiders hold 21.10% of total outstanding shares, with institutional holders owning 52.24% of the shares at 66.21% float percentage. In total, 52.24% institutions holds shares in the company, led by GRANTHAM, MAYO, VAN OTTERLOO & CO. LLC. As of 2024-06-30, the company held over 19.08 million shares (or 8.5451% of shares), all amounting to roughly $50.94 million.
The next major institution holding the largest number of shares is BLACKROCK INC. with 15.1 million shares, or about 6.7637% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $40.32 million.
We also have VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and iShares Trust-iShares Russell 2000 ETF as the top two Mutual Funds with the largest holdings of the Clean Energy Fuels Corp (CLNE) shares. Going by data provided on Dec 31, 2024 , VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund holds roughly 5.27 shares. This is just over 2.35% of the total shares, with a market valuation of $7.65 million. Data from the same date shows that the other fund manager holds a little less at 4.47, or 2.00% of the shares, all valued at about 6.48 million.
