FY2025 EPS Estimate for Montauk Renewables Cut by Analyst

Montauk Renewables, Inc. (NASDAQ:MNTK) – Research analysts at Scotiabank decreased their FY2025 earnings estimates for Montauk Renewables in a note issued to investors on Wednesday, March 19th. Scotiabank analyst P. Cheng now forecasts that the company will post earnings of $0.08 per share for the year, down from their prior estimate of $0.10. The consensus estimate for Montauk Renewables’ current full-year earnings is $0.19 per share. Scotiabank also issued estimates for Montauk Renewables’ FY2026 earnings at $0.08 EPS.

MNTK has been the subject of several other reports. UBS Group lowered their price objective on shares of Montauk Renewables from $6.25 to $3.00 and set a “neutral” rating for the company in a research note on Friday, March 14th. B. Riley dropped their price target on Montauk Renewables from $4.00 to $3.00 and set a “neutral” rating on the stock in a research note on Friday, March 14th.

Montauk Renewables Trading Down 2.2 %

Montauk Renewables stock opened at $2.25 on Monday. The stock has a market cap of $320.48 million, a PE ratio of 14.06 and a beta of -0.20. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.04 and a current ratio of 2.04. The stock has a 50-day moving average of $3.70 and a two-hundred day moving average of $4.35. Montauk Renewables has a one year low of $2.00 and a one year high of $6.22.

Montauk Renewables (NASDAQ:MNTK) last posted its quarterly earnings data on Thursday, March 13th. The company reported ($0.06) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.11). The firm had revenue of $27.74 million for the quarter, compared to the consensus estimate of $59.92 million. Montauk Renewables had a return on equity of 8.88% and a net margin of 11.80%.

Institutional Investors Weigh In On Montauk Renewables

Several hedge funds have recently bought and sold shares of MNTK. KLP Kapitalforvaltning AS purchased a new position in shares of Montauk Renewables during the 4th quarter valued at approximately $25,000. Point72 Asia Singapore Pte. Ltd. increased its holdings in Montauk Renewables by 105.0% in the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,898 shares of the company’s stock valued at $26,000 after buying an additional 2,509 shares in the last quarter. N.E.W. Advisory Services LLC acquired a new position in shares of Montauk Renewables in the fourth quarter worth about $40,000. ABC Arbitrage SA purchased a new stake in shares of Montauk Renewables during the 4th quarter worth about $55,000. Finally, ProShare Advisors LLC boosted its stake in shares of Montauk Renewables by 49.0% during the 4th quarter. ProShare Advisors LLC now owns 18,588 shares of the company’s stock worth $74,000 after acquiring an additional 6,117 shares in the last quarter. Hedge funds and other institutional investors own 16.35% of the company’s stock.

About Montauk Renewables

Montauk Renewables, Inc, a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects that captures methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid.