HC Wainwright Upgrades XCF Global Capital (NASDAQ:SAFX) to “Strong-Buy”

XCF Global Capital (NASDAQ:SAFX) was upgraded by analysts at HC Wainwright to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

Several other equities research analysts have also weighed in on SAFX. Roth Mkm reaffirmed a “neutral” rating on shares of XCF Global Capital in a report on Monday, April 13th. Weiss Ratings raised shares of XCF Global Capital from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 8th. Zacks Research upgraded shares of XCF Global Capital to a “hold” rating in a research report on Thursday, March 19th. Finally, Wall Street Zen upgraded shares of XCF Global Capital to a “hold” rating in a research report on Saturday, April 11th. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $0.70.

XCF Global Capital Price Performance

XCF Global Capital stock opened at $0.46 on Tuesday. The stock’s 50 day moving average is $0.44. The company has a market cap of $151.85 million, a P/E ratio of -0.67 and a beta of -0.34. XCF Global Capital has a one year low of $0.12 and a one year high of $3.59.

XCF Global Capital (NASDAQ:SAFX) last announced its quarterly earnings results on Friday, May 15th. The company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.05) by ($0.02). XCF Global Capital had a net margin of 300.85% and a negative return on equity of 588.22%. The company had revenue of $0.35 million during the quarter. On average, sell-side analysts anticipate that XCF Global Capital will post -0.19 EPS for the current year.

Insider Transactions at XCF Global Capital

In other XCF Global Capital news, major shareholder Randy Soule sold 9,000,000 shares of XCF Global Capital stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $0.34, for a total value of $3,060,000.00. Following the completion of the transaction, the insider owned 63,805,455 shares in the company, valued at approximately $21,693,854.70. The trade was a 12.36% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.12% of the company’s stock.

Institutional Trading of XCF Global Capital

Several large investors have recently made changes to their positions in the business. State Street Corp raised its holdings in shares of XCF Global Capital by 37.3% in the fourth quarter. State Street Corp now owns 256,448 shares of the company’s stock valued at $70,000 after buying an additional 69,698 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in XCF Global Capital by 379.5% during the 4th quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock worth $33,000 after buying an additional 95,596 shares in the last quarter. Deutsche Bank AG grew its holdings in XCF Global Capital by 315.7% during the 4th quarter. Deutsche Bank AG now owns 199,524 shares of the company’s stock worth $54,000 after acquiring an additional 151,529 shares during the last quarter. Jane Street Group LLC bought a new stake in XCF Global Capital during the 4th quarter worth about $42,000. Finally, Simplify Asset Management Inc. acquired a new stake in XCF Global Capital in the 1st quarter valued at about $69,000. Institutional investors own 52.34% of the company’s stock.

XCF Global Capital Company Profile

XCF Global Capital Inc is a player in decarbonizing the aviation industry through Sustainable Aviation Fuel. XCF Global Capital Inc, formerly known as Focus Impact BH3 Acquisition Company, is based in RENO, NV.