Montauk Renewables, Inc. (MNTK)
NASDAQ: MNTK · IEX Real-Time Price · USD
5.18
-0.14 (-2.63%)
At close: Jul 2, 2024, 4:00 PM
5.26
+0.08 (1.54%)
After-hours: Jul 2, 2024, 6:23 PM EDT
Montauk Renewables Stock Forecast
Stock Price Forecast
The 2 analysts with 12-month price forecasts for Montauk Renewables stock have an average target of 7.00, with a low estimate of 6.00 and a high estimate of 8.00. The average target predicts an increase of 35.14% from the current stock price of 5.18.
Analyst Consensus: Buy
* Price targets were last updated on May 7, 2024.
Analyst Ratings
The average analyst rating for MNTK stock from 2 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 3 | 3 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| B. Riley Securities | B. Riley Securities | Hold Maintains $7 → $6 | Hold | Maintains | $7 → $6 | +15.83% | May 7, 2024 |
| Scotiabank | Scotiabank | Buy Maintains $9 → $8 | Buy | Maintains | $9 → $8 | +54.44% | Apr 11, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +35.14% | Mar 7, 2024 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $9 | Hold → Buy | Upgrades | $9 | +73.75% | Nov 13, 2023 |
| Scotiabank | Scotiabank | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Sep 29, 2023 |
Financial Forecast
Revenue This Year
220.38M
from 174.90M
Increased by 26.00%
Revenue Next Year
253.88M
from 220.38M
Increased by 15.20%
EPS This Year
0.30
from 0.11
Increased by 172.00%
EPS Next Year
0.35
from 0.30
Increased by 18.18%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 228.7M | 277.3M | 292.9M |
| Avg | 220.4M | 253.9M | 284.5M |
| Low | 210.0M | 229.0M | 273.3M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 30.8% | 25.8% | 15.4% |
| Avg | 26.0% | 15.2% | 12.1% |
| Low | 20.1% | 3.9% | 7.7% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.34 | 0.40 | 0.58 | 0.37 | 0.40 |
| Avg | 0.30 | 0.35 | 0.44 | 0.36 | 0.39 |
| Low | 0.25 | 0.27 | 0.30 | 0.34 | 0.37 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 205.5% | 33.4% | 63.3% | -16.2% | 11.8% |
| Avg | 172.0% | 18.2% | 24.0% | -18.6% | 8.6% |
| Low | 131.6% | -8.3% | -14.1% | -21.8% | 4.3% |
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.