FY2025 EPS Estimates for OPAL Fuels Lifted by Scotiabank

OPAL Fuels Inc. (NASDAQ:OPAL) – Equities researchers at Scotiabank raised their FY2025 earnings per share estimates for OPAL Fuels in a note issued to investors on Wednesday, January 8th. Scotiabank analyst P. Cheng now expects that the company will earn $0.73 per share 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 Performance

Shares of OPAL opened at $3.35 on Friday. The firm’s 50-day simple moving average is $3.56 and its 200 day simple moving average is $3.71. The firm has a market cap of $578.98 million, a P/E ratio of 18.61 and a beta of 0.54. OPAL Fuels has a 52 week low of $2.96 and a 52 week high of $5.35.

Institutional Trading of OPAL Fuels

Several hedge funds and other institutional investors have recently bought and sold shares of OPAL. Yaupon Capital Management LP increased its holdings in OPAL Fuels by 17.0% in the 3rd quarter. Yaupon Capital Management LP now owns 700,054 shares of the company’s stock valued at $2,555,000 after buying an additional 101,955 shares during the period. Geode Capital Management LLC lifted its position in shares of OPAL Fuels by 19.1% during the 3rd quarter. Geode Capital Management LLC now owns 257,549 shares of the company’s stock worth $940,000 after buying an additional 41,250 shares during the last quarter. Inspire Investing LLC acquired a new stake in OPAL Fuels in the third quarter valued at about $430,000. GSA Capital Partners LLP grew its position in OPAL Fuels by 69.3% in the third 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 during the last quarter. Finally, Marshall Wace LLP acquired a new position in OPAL Fuels during the second quarter worth about $389,000. Institutional investors and hedge funds own 12.16% of the company’s stock.

OPAL Fuels Company Profile

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.