FY2025 Earnings Estimate for OPAL Fuels Issued By Scotiabank

OPAL Fuels Inc. (NASDAQ:OPAL) – Scotiabank increased their FY2025 EPS estimates for shares of OPAL Fuels in a report released on Wednesday, January 8th. Scotiabank analyst P. Cheng now anticipates that the company will post earnings per share of $0.73 for the year, up from their previous forecast of $0.71. The consensus estimate for OPAL Fuels’ current full-year earnings is $0.75 per share.

OPAL Fuels Stock Down 1.2 %

Shares of NASDAQ OPAL opened at $3.35 on Friday. OPAL Fuels has a 12-month low of $2.96 and a 12-month high of $5.35. The firm’s 50-day simple moving average is $3.56 and its 200 day simple moving average is $3.71. The company has a market cap of $578.98 million, a price-to-earnings ratio of 18.61 and a beta of 0.54.

Institutional Trading of OPAL Fuels

A number of institutional investors have recently bought and sold shares of OPAL. Janus Henderson Group PLC boosted its holdings in OPAL Fuels by 83.5% during the third quarter. Janus Henderson Group PLC now owns 21,727 shares of the company’s stock worth $79,000 after buying an additional 9,885 shares during the last quarter. Sanctuary Advisors LLC acquired a new stake in shares of OPAL Fuels in the 2nd quarter valued at about $93,000. GSA Capital Partners LLP lifted its stake in OPAL Fuels by 69.3% in the 3rd quarter. GSA Capital Partners LLP now owns 96,056 shares of the company’s stock valued at $351,000 after acquiring an additional 39,325 shares in the last quarter. Marshall Wace LLP acquired a new position in OPAL Fuels during the second quarter worth $389,000. Finally, Inspire Investing LLC bought a new position in OPAL Fuels in the third quarter valued at $430,000. Institutional investors and hedge funds own 12.16% of the company’s stock.

About OPAL Fuels

OPAL Fuels Inc, together with its subsidiaries, engages in the production and distribution of renewable natural gas for use as a vehicle fuel for heavy and medium-duty trucking fleets. It also designs, develops, constructs, operates, and services fueling stations for trucking fleets that use natural gas to displace diesel as transportation fuel.