Clean Energy Fuels (CLNE) Scheduled to Post Earnings on Thursday

Clean Energy Fuels (NASDAQ:CLNE) will be issuing its quarterly earnings data after the market closes on Thursday, May 9th. Analysts expect Clean Energy Fuels to post earnings of ($0.03) per share for the quarter. Parties interested in registering for the company’s conference call can do so using this link.

Clean Energy Fuels (NASDAQ:CLNE) last announced its quarterly earnings results on Tuesday, February 27th. The utilities provider reported ($0.08) EPS for the quarter, topping analysts’ consensus estimates of ($0.10) by $0.02. Clean Energy Fuels had a negative return on equity of 14.05% and a negative net margin of 23.40%. The business had revenue of $106.86 million for the quarter, compared to analysts’ expectations of $106.50 million. On average, analysts expect Clean Energy Fuels to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Clean Energy Fuels Stock Down 0.4 %

Shares of NASDAQ CLNE opened at $2.37 on Tuesday. The company has a market cap of $529.13 million, a price-to-earnings ratio of -5.39 and a beta of 2.08. Clean Energy Fuels has a 52 week low of $2.17 and a 52 week high of $5.25. The company has a quick ratio of 2.59, a current ratio of 2.87 and a debt-to-equity ratio of 0.36. The firm’s fifty day moving average is $2.52 and its 200 day moving average is $3.10.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Scotiabank reduced their price target on Clean Energy Fuels from $6.00 to $5.00 and set a “sector outperform” rating on the stock in a report on Thursday, April 11th. Stifel Nicolaus lowered their target price on Clean Energy Fuels from $8.00 to $6.50 and set a “buy” rating for the company in a research note on Tuesday, January 23rd. Piper Sandler lowered their target price on shares of Clean Energy Fuels from $7.00 to $4.00 and set an “overweight” rating for the company in a report on Thursday, April 18th. StockNews.com raised shares of Clean Energy Fuels to a “sell” rating in a report on Tuesday, April 9th. Finally, Raymond James decreased their target price on Clean Energy Fuels from $6.00 to $5.00 and set a “strong-buy” rating for the company in a research report on Wednesday, April 3rd. One analyst has rated the stock with a sell rating, four have given a buy rating and one has issued a strong buy rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $5.60.

About Clean Energy Fuels

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.