XCF Global Capital (NASDAQ:SAFX) Announces Quarterly Earnings Results, Beats Expectations By $0.01 EPS

XCF Global Capital (NASDAQ:SAFX) announced its quarterly earnings results on Monday. The company reported ($0.04) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.05) by $0.01, Zacks reports. XCF Global Capital had a negative return on equity of 588.22% and a net margin of 300.85%.

XCF Global Capital Price Performance

SAFX stock opened at $0.44 on Monday. The firm has a market cap of $146.99 million, a PE ratio of -0.65 and a beta of -0.30. The business has a 50 day moving average of $0.42 and a 200-day moving average of $0.38. XCF Global Capital has a 12-month low of $0.12 and a 12-month high of $1.55.

Analyst Ratings Changes

Several brokerages have weighed in on SAFX. HC Wainwright began coverage on XCF Global Capital in a research note on Tuesday, June 23rd. They set a “buy” rating and a $1.00 price objective on the stock. Weiss Ratings reiterated a “sell (d+)” rating on shares of XCF Global Capital in a report on Wednesday, August 5th. Finally, Wall Street Zen raised shares of XCF Global Capital from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. One investment analyst has rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average price target of $0.70.

Institutional Trading of XCF Global Capital

Hedge funds have recently bought and sold shares of the business. Goldman Sachs Group Inc. grew its stake in XCF Global Capital by 379.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 120,789 shares of the company’s stock valued at $33,000 after purchasing an additional 95,596 shares during the period. Jane Street Group LLC bought a new stake in shares of XCF Global Capital during the 4th quarter worth $42,000. Deutsche Bank AG raised its stake in shares of 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 purchasing an additional 151,529 shares during the period. State Street Corp boosted its holdings in shares of XCF Global Capital by 37.3% in the 4th quarter. State Street Corp now owns 256,448 shares of the company’s stock worth $70,000 after buying an additional 69,698 shares during the last quarter. Finally, Geode Capital Management LLC boosted its holdings in shares of XCF Global Capital by 20.5% in the 4th quarter. Geode Capital Management LLC now owns 1,174,455 shares of the company’s stock worth $321,000 after buying an additional 200,147 shares during the last quarter. 52.34% of the stock is currently owned by institutional investors.

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.