OPAL Fuels (OPAL) Expected to Announce Quarterly Earnings on Thursday

OPAL Fuels (NASDAQ:OPAL) is anticipated to issue its quarterly earnings data after the market closes 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 that are interested in registering for the company’s conference call can do so using this link.

OPAL Fuels Price Performance

OPAL Fuels stock opened at $2.29 on Wednesday. OPAL Fuels has a one year low of $2.25 and a one year high of $5.18. The business has a fifty day moving average price of $3.01 and a 200-day moving average price of $3.40. The firm has a market capitalization of $395.78 million, a P/E ratio of 12.72 and a beta of 0.56.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group lowered their price objective on OPAL Fuels from $3.90 to $3.40 and set a “sell” rating on the stock in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, one has issued a hold rating and three have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average 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.