OPAL Fuels (NASDAQ:OPAL) Issues Earnings Results

OPAL Fuels (NASDAQ:OPALGet Free Report) issued its quarterly earnings results on Thursday. The company reported ($0.05) EPS for the quarter, missing analysts’ consensus estimates of $0.44 by ($0.49), Zacks reports. OPAL Fuels had a negative return on equity of 4.08% and a net margin of 3.30%. The firm had revenue of $80.02 million for the quarter, compared to analyst estimates of $90.94 million.

OPAL Fuels Stock Performance

NASDAQ OPAL opened at $1.89 on Friday. The stock has a 50-day simple moving average of $2.94 and a two-hundred day simple moving average of $3.38. The firm has a market capitalization of $326.65 million, a P/E ratio of 10.50 and a beta of 0.56. OPAL Fuels has a fifty-two week low of $1.89 and a fifty-two week high of $5.18.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered their price target on OPAL Fuels from $3.90 to $3.40 and set a “sell” rating for the company in a research report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $6.78.

Check Out Our Latest Stock Report on OPAL

OPAL Fuels Company Profile

(Get Free Report)

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.

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Earnings History for OPAL Fuels (NASDAQ:OPAL)

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