NFE FY2025 EPS Estimate Lowered by Capital One Financial

New Fortress Energy Inc. (NASDAQ:NFE) – Equities research analysts at Capital One Financial lowered their FY2025 EPS estimates for New Fortress Energy in a report issued on Wednesday, March 12th. Capital One Financial analyst W. Suki now forecasts that the company will post earnings of $0.31 per share for the year, down from their previous forecast of $0.89. The consensus estimate for New Fortress Energy’s current full-year earnings is $0.36 per share. Capital One Financial also issued estimates for New Fortress Energy’s FY2026 earnings at $0.23 EPS.

Several other analysts also recently weighed in on NFE. Deutsche Bank Aktiengesellschaft raised shares of New Fortress Energy from a “sell” rating to a “hold” rating and set a $11.00 price target for the company in a research note on Wednesday, December 4th. Morgan Stanley lowered their price objective 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 lowered their price objective on shares of New Fortress Energy from $23.00 to $19.00 and set a “buy” rating for the company in a research note on Tuesday, March 4th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average price target of $15.60.

New Fortress Energy Stock Performance

New Fortress Energy stock opened at $8.51 on Friday. The company has a quick ratio of 0.35, a current ratio of 0.38 and a debt-to-equity ratio of 4.06. The company has a market capitalization of $2.32 billion, a PE ratio of 9.35 and a beta of 1.58. The firm has a fifty day simple moving average of $12.86 and a two-hundred day simple moving average of $11.45. New Fortress Energy has a twelve month low of $7.58 and a twelve month high of $32.65.

New Fortress Energy (NASDAQ:NFE) last posted its quarterly earnings results on Monday, March 3rd. The company reported $0.13 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.07. The business had revenue of $679.00 million during the quarter, compared to the consensus estimate of $613.24 million. New Fortress Energy had a net margin of 7.84% and a return on equity of 15.60%.

Hedge Funds Weigh In On New Fortress Energy

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Allworth Financial LP increased its stake in shares of New Fortress Energy by 2,156.0% during the fourth quarter. Allworth Financial LP now owns 2,053 shares of the company’s stock valued at $32,000 after purchasing an additional 1,962 shares in the last quarter. KBC Group NV increased its stake in shares of New Fortress Energy by 116.9% during the third quarter. KBC Group NV now owns 3,436 shares of the company’s stock valued at $31,000 after purchasing an additional 1,852 shares in the last quarter. US Bancorp DE increased its stake in shares of New Fortress Energy by 344.6% during the third quarter. US Bancorp DE now owns 3,570 shares of the company’s stock valued at $32,000 after purchasing an additional 2,767 shares in the last quarter. GAMMA Investing LLC increased its stake in shares of New Fortress Energy by 148.5% during the fourth quarter. GAMMA Investing LLC now owns 3,966 shares of the company’s stock valued at $60,000 after purchasing an additional 2,370 shares in the last quarter. Finally, Quarry LP bought a new position in shares of New Fortress Energy during the fourth quarter valued at approximately $64,000. Hedge funds and other institutional investors own 58.61% of the company’s stock.

Insider Activity at New Fortress Energy

In related news, CFO Christopher S. Guinta purchased 5,000 shares of New Fortress Energy stock in a transaction that occurred on Thursday, March 13th. The shares were bought at an average price of $8.57 per share, for a total transaction of $42,850.00. Following the completion of the transaction, the chief financial officer now directly owns 206,653 shares of the company’s stock, valued at $1,771,016.21. This represents a 2.48 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 37.10% of the stock is owned by corporate insiders.

About New Fortress Energy

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.