Research Analysts Offer Predictions for MNTK FY2025 Earnings

Montauk Renewables, Inc. (NASDAQ:MNTK) – Equities researchers at Scotiabank lowered their FY2025 earnings per share estimates for Montauk Renewables in a research report issued on Wednesday, March 19th. Scotiabank analyst P. Cheng now anticipates that the company will post earnings of $0.08 per share for the year, down from their prior estimate of $0.10. The consensus estimate for Montauk Renewables’ current full-year earnings is $0.19 per share. Scotiabank also issued estimates for Montauk Renewables’ FY2026 earnings at $0.08 EPS.

Several other equities research analysts also recently commented on MNTK. B. Riley decreased their price objective on Montauk Renewables from $4.00 to $3.00 and set a “neutral” rating for the company in a report on Friday, March 14th. UBS Group decreased their price objective on Montauk Renewables from $6.25 to $3.00 and set a “neutral” rating for the company in a report on Friday, March 14th.

Montauk Renewables Trading Up 1.9 %

Shares of MNTK stock opened at $2.18 on Monday. The company has a market cap of $310.51 million, a P/E ratio of 13.63 and a beta of -0.20. Montauk Renewables has a fifty-two week low of $2.00 and a fifty-two week high of $6.22. The stock has a 50 day simple moving average of $3.76 and a two-hundred day simple moving average of $4.38. The company has a debt-to-equity ratio of 0.17, a quick ratio of 2.04 and a current ratio of 2.04.

Montauk Renewables (NASDAQ:MNTK) last issued its earnings results on Thursday, March 13th. The company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of $0.05 by ($0.11). The business had revenue of $27.74 million during the quarter, compared to the consensus estimate of $59.92 million. Montauk Renewables had a return on equity of 8.88% and a net margin of 11.80%.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Point72 Asia Singapore Pte. Ltd. boosted its position in shares of Montauk Renewables by 105.0% during the third quarter. Point72 Asia Singapore Pte. Ltd. now owns 4,898 shares of the company’s stock valued at $26,000 after buying an additional 2,509 shares during the last quarter. Rhumbline Advisers boosted its position in shares of Montauk Renewables by 3.8% during the fourth quarter. Rhumbline Advisers now owns 90,439 shares of the company’s stock valued at $360,000 after buying an additional 3,285 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in shares of Montauk Renewables by 7.6% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 48,712 shares of the company’s stock valued at $194,000 after buying an additional 3,434 shares during the last quarter. Verition Fund Management LLC boosted its position in shares of Montauk Renewables by 12.4% during the third quarter. Verition Fund Management LLC now owns 44,739 shares of the company’s stock valued at $233,000 after buying an additional 4,947 shares during the last quarter. Finally, ProShare Advisors LLC boosted its position in shares of Montauk Renewables by 49.0% during the fourth quarter. ProShare Advisors LLC now owns 18,588 shares of the company’s stock valued at $74,000 after buying an additional 6,117 shares during the last quarter. Hedge funds and other institutional investors own 16.35% of the company’s stock.

About Montauk Renewables

Montauk Renewables, Inc, a renewable energy company, engages in recovery and processing of biogas from landfills and other non-fossil fuel sources. It operates in two segments, Renewable Natural Gas and Renewable Electricity Generation. The company develops, owns, and operates renewable natural gas (RNG) projects that captures methane and prevents it from being released into the atmosphere by converting it into either RNG or electrical power for the electrical grid.