Montauk Renewables, Inc. (MNTK)
NASDAQ: MNTK · Real-Time Price · USD
5.61
+0.08 (1.45%)
Nov 4, 2024, 4:00 PM EST - Market closed
Montauk Renewables Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Montauk Renewables stock have an average target of 6.00, which predicts an increase of 6.95% from the current stock price of 5.61.
Analyst Consensus: Hold
* Price targets were last updated on Sep 3, 2024.
Analyst Ratings
The average analyst rating for MNTK stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 0 | 0 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3 | 3 | 3 | 3 | 2 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy → Hold Downgrades $8 → $6 | Buy → Hold | Downgrades | $8 → $6 | +6.95% | Sep 3, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | +6.95% | May 7, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $9 → $8 | Buy | Maintains | $9 → $8 | +42.60% | Apr 11, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +24.78% | Mar 7, 2024 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $9 | Hold → Buy | Upgrades | $9 | +60.43% | Nov 13, 2023 |
Financial Forecast
Revenue This Year
214.58M
from 174.90M
Increased by 22.68%
Revenue Next Year
280.67M
from 214.58M
Increased by 30.80%
EPS This Year
0.21
from 0.11
Increased by 99.87%
EPS Next Year
0.26
from 0.21
Increased by 20.97%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 220.9M | 288.9M | 289.2M |
| Avg | 214.6M | 280.7M | 281.0M |
| Low | 206.2M | 269.7M | 270.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 26.3% | 34.6% | 3.0% |
| Avg | 22.7% | 30.8% | 0.1% |
| Low | 17.9% | 25.7% | -3.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.24 | 0.27 | 0.41 | ||
| Avg | 0.21 | 0.26 | 0.35 | ||
| Low | 0.18 | 0.24 | 0.29 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 129.0% | 29.5% | 60.6% | ||
| Avg | 99.9% | 21.0% | 38.0% | ||
| Low | 67.3% | 11.6% | 15.3% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.