Clean Energy Fuels (CLNE) Scheduled to Post Earnings on Thursday

Clean Energy Fuels (NASDAQ:CLNE) is scheduled to issue its quarterly earnings data after the market closes on Thursday, May 9th. Analysts expect Clean Energy Fuels to post earnings of ($0.03) per share for the quarter. Persons interested in registering for the company’s earnings conference call can do so using this link.

Clean Energy Fuels (NASDAQ:CLNE) last posted its earnings results on Tuesday, February 27th. The utilities provider reported ($0.08) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.10) by $0.02. Clean Energy Fuels had a negative return on equity of 14.05% and a negative net margin of 23.40%. The company had revenue of $106.86 million for the quarter, compared to analysts’ expectations of $106.50 million. On average, analysts expect Clean Energy Fuels to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Clean Energy Fuels Trading Down 0.4 %

NASDAQ CLNE opened at $2.37 on Tuesday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.59 and a current ratio of 2.87. The stock has a market cap of $529.13 million, a P/E ratio of -5.39 and a beta of 2.08. The stock has a 50 day simple moving average of $2.52 and a two-hundred day simple moving average of $3.10. Clean Energy Fuels has a fifty-two week low of $2.17 and a fifty-two week high of $5.25.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on CLNE. StockNews.com upgraded Clean Energy Fuels to a “sell” rating in a report on Tuesday, April 9th. Stifel Nicolaus cut their price target on shares of Clean Energy Fuels from $8.00 to $6.50 and set a “buy” rating on the stock in a report on Tuesday, January 23rd. Raymond James lowered their price target on Clean Energy Fuels from $6.00 to $5.00 and set a “strong-buy” rating on the stock in a report on Wednesday, April 3rd. Piper Sandler decreased their target price on Clean Energy Fuels from $7.00 to $4.00 and set an “overweight” rating for the company in a research report on Thursday, April 18th. Finally, Scotiabank dropped their price target on shares of Clean Energy Fuels from $6.00 to $5.00 and set a “sector outperform” rating on the stock in a report on Thursday, April 11th. One equities research analyst has rated the stock with a sell rating, four have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $5.60.

Clean Energy Fuels Company Profile

Clean Energy Fuels Corp. provides natural gas as alternative fuels for vehicle fleets and related fueling solutions in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations.