FY2025 Earnings Forecast for OPAL Fuels Issued By Scotiabank

OPAL Fuels Inc. (NASDAQ:OPAL) – Investment analysts at Scotiabank boosted their FY2025 earnings estimates for shares of OPAL Fuels in a research report issued to clients and investors on Wednesday, January 8th. Scotiabank analyst P. Cheng now expects that the company will post earnings of $0.73 per share for the year, up from their prior estimate of $0.71. The consensus estimate for OPAL Fuels’ current full-year earnings is $0.75 per share.

OPAL Fuels Stock Down 2.1 %

Shares of NASDAQ OPAL opened at $3.28 on Friday. The business’s 50 day moving average is $3.55 and its two-hundred day moving average is $3.70. OPAL Fuels has a 52-week low of $2.96 and a 52-week high of $5.18. The firm has a market cap of $566.88 million, a price-to-earnings ratio of 18.22 and a beta of 0.54.

Institutional Investors Weigh In On OPAL Fuels

Several institutional investors and hedge funds have recently modified their holdings of OPAL. Inspire Investing LLC acquired a new stake in OPAL Fuels during the 3rd quarter worth approximately $430,000. Yaupon Capital Management LP grew its position in shares of OPAL Fuels by 17.0% during the third quarter. Yaupon Capital Management LP now owns 700,054 shares of the company’s stock worth $2,555,000 after buying an additional 101,955 shares in the last quarter. Marshall Wace LLP purchased a new stake in shares of OPAL Fuels during the second quarter worth approximately $389,000. Geode Capital Management LLC increased its stake in shares of OPAL Fuels by 19.1% during the third quarter. Geode Capital Management LLC now owns 257,549 shares of the company’s stock worth $940,000 after buying an additional 41,250 shares during the period. Finally, GSA Capital Partners LLP raised its holdings in shares of OPAL Fuels by 69.3% in the 3rd quarter. GSA Capital Partners LLP now owns 96,056 shares of the company’s stock valued at $351,000 after purchasing an additional 39,325 shares in the last quarter. Hedge funds and other institutional investors own 12.16% of the company’s stock.

OPAL Fuels Company Profile

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.