OPAL Fuels (OPAL) Scheduled to Post Quarterly Earnings on Thursday

OPAL Fuels (NASDAQ:OPAL) is scheduled to release its earnings data after the market closes on Thursday, November 7th. Analysts expect OPAL Fuels to post earnings of $0.17 per share for the quarter. Individual interested in registering for the company’s earnings conference call can do so using this link.

OPAL Fuels (NASDAQ:OPAL) last posted its quarterly earnings data on Wednesday, August 7th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. OPAL Fuels had a negative return on equity of 2.14% and a net margin of 2.50%. The firm had revenue of $70.95 million during the quarter, compared to the consensus estimate of $80.68 million. On average, analysts expect OPAL Fuels to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

OPAL Fuels Price Performance

OPAL Fuels stock opened at $3.78 on Thursday. The business has a 50 day simple moving average of $3.64 and a 200-day simple moving average of $4.11. OPAL Fuels has a 12 month low of $3.04 and a 12 month high of $6.47. The stock has a market capitalization of $651.98 million, a PE ratio of 5.04 and a beta of 0.49.

Analyst Upgrades and Downgrades

OPAL has been the topic of several recent analyst reports. Scotiabank cut OPAL Fuels from a “sector outperform” rating to a “sector perform” rating and dropped their target price for the stock from $8.00 to $5.00 in a research report on Tuesday, September 3rd. The Goldman Sachs Group cut their price target on OPAL Fuels from $4.50 to $3.90 and set a “sell” rating on the stock in a report on Friday, August 9th. Finally, UBS Group cut their target price on OPAL Fuels from $8.00 to $7.50 and set a “buy” rating on the stock in a research note on Friday, August 9th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the company’s stock. According to MarketBeat, OPAL Fuels currently has an average rating of “Moderate Buy” and a consensus target price of $7.90.

OPAL Fuels Company Profile

OPAL Fuels Inc, together with its subsidiaries, engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel.