Clean Energy Fuels Corp. (NASDAQ:CLNE – Get Free Report) has been assigned an average recommendation of “Buy” from the five ratings firms that are covering the company, Marketbeat.com reports. Four investment analysts have rated the stock with a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokers that have issued ratings on the stock in the last year is $5.60.
Separately, StockNews.com raised Clean Energy Fuels to a “sell” rating in a research note on Wednesday, August 14th.
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Clean Energy Fuels Price Performance
CLNE stock opened at $3.09 on Monday. The company has a quick ratio of 2.82, a current ratio of 3.17 and a debt-to-equity ratio of 0.36. Clean Energy Fuels has a fifty-two week low of $2.17 and a fifty-two week high of $4.93. The business has a 50 day moving average price of $2.77 and a 200 day moving average price of $2.68. The stock has a market cap of $690.40 million, a price-to-earnings ratio of -8.83 and a beta of 2.15.
Clean Energy Fuels (NASDAQ:CLNE – Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The utilities provider reported $0.01 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.04) by $0.05. The firm had revenue of $97.95 million for the quarter, compared to analyst estimates of $106.45 million. Clean Energy Fuels had a negative return on equity of 8.75% and a negative net margin of 19.61%. Clean Energy Fuels’s quarterly revenue was up 8.2% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.07) earnings per share. Equities research analysts anticipate that Clean Energy Fuels will post -0.34 earnings per share for the current fiscal year.
Clean Energy Fuels Company Profile
Clean Energy Fuels Corp. provides natural gas as alternative fuels for vehicle fleets and related fueling solutions in the United States and Canada. It supplies renewable natural gas (RNG), compressed natural gas (CNG), and liquefied natural gas (LNG) for medium and heavy-duty vehicles; and offers operation and maintenance services for public and private vehicle fleet customer stations.
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