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

OPAL Fuels (NASDAQ:OPAL) is expected to be issuing its quarterly earnings data before the market opens on Thursday, March 13th. Analysts expect the company to announce earnings of $0.44 per share and revenue of $90.94 million for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

OPAL Fuels Price Performance

OPAL Fuels stock opened at $2.36 on Thursday. OPAL Fuels has a 12 month low of $2.27 and a 12 month high of $5.18. The company has a market cap of $407.88 million, a PE ratio of 13.11 and a beta of 0.53. The company has a fifty day moving average price of $3.09 and a two-hundred day moving average price of $3.44.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group reduced their price target on shares of OPAL Fuels from $3.90 to $3.40 and set a “sell” rating for the company in a report on Thursday, January 23rd. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and three have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $6.78.

About OPAL Fuels

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.