New Fortress Energy (NFE) Projected to Post Quarterly Earnings on Wednesday

New Fortress Energy (NASDAQ:NFE) is projected to release its Q1 2025 earnings data before the market opens on Wednesday, May 14th. Analysts expect New Fortress Energy to post earnings of ($0.21) per share for the quarter.

New Fortress Energy (NASDAQ:NFE) last posted its quarterly earnings data on Monday, March 3rd. The company reported $0.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.06 by $0.07. New Fortress Energy had a net margin of 7.84% and a return on equity of 15.60%. The business had revenue of $679.00 million during the quarter, compared to the consensus estimate of $613.24 million. On average, analysts expect New Fortress Energy to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

New Fortress Energy Stock Performance

NASDAQ NFE opened at $6.86 on Tuesday. New Fortress Energy has a 52-week low of $4.72 and a 52-week high of $29.11. The company has a 50-day simple moving average of $7.34 and a 200 day simple moving average of $10.50. The company has a debt-to-equity ratio of 4.06, a quick ratio of 0.35 and a current ratio of 0.38. The company has a market capitalization of $1.88 billion, a PE ratio of 7.54 and a beta of 1.45.

Insider Activity at New Fortress Energy

In other news, CFO Christopher S. Guinta acquired 5,000 shares of New Fortress Energy stock in a transaction that occurred on Thursday, March 13th. The stock was bought at an average price of $8.57 per share, with a total value of $42,850.00. Following the completion of the purchase, the chief financial officer now owns 206,653 shares in the company, valued at approximately $1,771,016.21. The trade was a 2.48% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the SEC, which is available through this link. 37.10% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research firms recently issued reports on NFE. Deutsche Bank Aktiengesellschaft set a $8.00 price objective on shares of New Fortress Energy in a report on Wednesday, March 12th. Citigroup reduced their target price on shares of New Fortress Energy from $34.00 to $8.00 and set a “buy” rating for the company in a research note on Wednesday, April 9th. Morgan Stanley reduced their target price on shares of New Fortress Energy from $15.00 to $14.00 and set an “equal weight” rating for the company in a research note on Tuesday, March 4th. Finally, Stifel Nicolaus reduced their target price on shares of New Fortress Energy from $16.00 to $14.00 and set a “buy” rating for the company in a research note on Tuesday, April 22nd. Three investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $13.00.

New Fortress Energy Company Profile

New Fortress Energy Inc operates as an integrated gas-to-power energy infrastructure company that provides energy and development services to end-users worldwide. The company operates in two segments, Terminals and Infrastructure, and Ships. The Terminals and Infrastructure segment engages in the natural gas procurement and liquefaction; and shipping, logistics, facilities and conversion, or development of natural gas-fired power generation.