Scotiabank Has Pessimistic Outlook of MNTK FY2025 Earnings

Montauk Renewables, Inc. (NASDAQ:MNTK) – Stock analysts at Scotiabank decreased their FY2025 earnings per share estimates for Montauk Renewables in a note issued to investors on Wednesday, January 8th. Scotiabank analyst P. Cheng now expects that the company will earn $0.10 per share for the year, down from their previous estimate 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 Stock Down 2.5 %

Shares of NASDAQ MNTK opened at $4.34 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.04 and a quick ratio of 2.04. The firm’s 50-day moving average is $4.36 and its two-hundred day moving average is $4.88. Montauk Renewables has a 12-month low of $3.38 and a 12-month high of $8.41. The company has a market capitalization of $622.22 million, a PE ratio of 27.13 and a beta of -0.26.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Point72 Asia Singapore Pte. Ltd. lifted its holdings in shares of Montauk Renewables by 105.0% during the 3rd quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,898 shares of the company’s stock worth $26,000 after acquiring an additional 2,509 shares during the period. Bleakley Financial Group LLC purchased a new position in Montauk Renewables during the third quarter worth approximately $73,000. Townsquare Capital LLC acquired a new position in shares of Montauk Renewables in the 3rd quarter valued at $75,000. SG Americas Securities LLC acquired a new stake in shares of Montauk Renewables during the 3rd quarter worth $114,000. Finally, Principal Financial Group Inc. boosted its holdings 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 acquiring an additional 2,107 shares during the last quarter. Institutional investors and hedge funds own 16.35% of the company’s stock.

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.