OPAL Fuels (OPAL) Expected to Announce Quarterly Earnings on Thursday

OPAL Fuels (NASDAQ:OPAL) is expected to be releasing its earnings data after the market closes on Thursday, March 13th. Analysts expect OPAL Fuels to post earnings of $0.44 per share and revenue of $90.94 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

OPAL Fuels Price Performance

Shares of OPAL stock opened at $2.29 on Wednesday. OPAL Fuels has a 1 year low of $2.25 and a 1 year high of $5.18. The firm has a fifty day moving average price of $3.01 and a 200-day moving average price of $3.40. The company has a market cap of $395.78 million, a price-to-earnings ratio of 12.72 and a beta of 0.56.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group cut their price objective on shares of OPAL Fuels from $3.90 to $3.40 and set a “sell” rating for the company in a research report on Thursday, January 23rd. One analyst has rated the stock with a sell rating, one has given a hold rating and three have given a buy rating to the company’s stock. According to MarketBeat, OPAL Fuels has an average rating of “Hold” and an average target price of $6.78.

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.