Research Analysts Issue Forecasts for MNTK FY2025 Earnings

Montauk Renewables, Inc. (NASDAQ:MNTK) – Equities research analysts at Scotiabank lowered their FY2025 earnings per share (EPS) estimates for Montauk Renewables in a report released on Wednesday, January 8th. Scotiabank analyst P. Cheng now expects that the company will post earnings per share of $0.10 for the year, down from their previous forecast of $0.19. 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 $0.11 EPS.

Montauk Renewables Price Performance

MNTK opened at $4.12 on Friday. The company has a fifty day moving average price of $4.33 and a two-hundred day moving average price of $4.87. The firm has a market capitalization of $590.68 million, a PE ratio of 25.75 and a beta of -0.26. Montauk Renewables has a 52 week low of $3.38 and a 52 week high of $8.23. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.04 and a current ratio of 2.04.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in MNTK. Point72 Asia Singapore Pte. Ltd. lifted its stake 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 during the period. Bleakley Financial Group LLC acquired a new stake in shares of Montauk Renewables in the 3rd quarter valued at approximately $73,000. Townsquare Capital LLC bought a new position in Montauk Renewables during the 3rd quarter worth approximately $75,000. SG Americas Securities LLC acquired a new position in Montauk Renewables during the third quarter valued at approximately $114,000. Finally, Principal Financial Group Inc. increased its stake in Montauk Renewables by 8.9% in the second quarter. Principal Financial Group Inc. now owns 25,902 shares of the company’s stock valued at $148,000 after purchasing an additional 2,107 shares in the last quarter. 16.35% of the stock is currently owned by institutional investors.

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.