Montauk Renewables, Inc. (MNTK)
NASDAQ: MNTK · IEX Real-Time Price · USD
3.790
+0.060 (1.61%)
At close: Apr 25, 2024, 4:00 PM
3.640
-0.150 (-3.96%)
After-hours: Apr 25, 2024, 5:54 PM EDT
Montauk Renewables Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Montauk Renewables stock have an average target of 7.50, with a low estimate of 7.00 and a high estimate of 8.00. The average target predicts an increase of 97.89% from the current stock price of 3.79.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for MNTK stock from 3 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 3 | 3 | 3 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 4 | 3 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Buy Maintains $9 → $8 | Buy | Maintains | $9 → $8 | +111.08% | Apr 11, 2024 |
| B. Riley Securities | B. Riley Securities | Hold Maintains $8 → $7 | Hold | Maintains | $8 → $7 | +84.70% | Mar 7, 2024 |
| Scotiabank | Scotiabank | Hold → Buy Upgrades $9 | Hold → Buy | Upgrades | $9 | +137.47% | Nov 13, 2023 |
| Scotiabank | Scotiabank | Hold Initiates n/a | Hold | Initiates | n/a | n/a | Sep 29, 2023 |
| B. Riley Securities | B. Riley Securities | Hold Initiates $6.5 | Hold | Initiates | $6.5 | +71.50% | Jun 27, 2023 |
Financial Forecast
Revenue This Year
240.78M
from 174.90M
Increased by 37.66%
Revenue Next Year
287.75M
from 240.78M
Increased by 19.51%
EPS This Year
0.26
from 0.11
Increased by 138.00%
EPS Next Year
0.29
from 0.26
Increased by 9.09%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 247.9M | 296.2M | 299.2M |
| Avg | 240.8M | 287.8M | 290.6M |
| Low | 231.3M | 276.5M | 279.2M |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 41.7% | 23.0% | 4.0% |
| Avg | 37.7% | 19.5% | 1.0% |
| Low | 32.3% | 14.8% | -3.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 0.30 | 0.36 | 0.44 | 0.57 | 0.60 |
| Avg | 0.26 | 0.29 | 0.35 | 0.55 | 0.58 |
| Low | 0.21 | 0.22 | 0.25 | 0.53 | 0.56 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 176.8% | 36.4% | 54.4% | 63.5% | 8.7% |
| Avg | 138.0% | 9.1% | 21.4% | 58.8% | 5.6% |
| Low | 87.1% | -17.6% | -10.8% | 52.6% | 1.4% |
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.