Equities Analysts Set Expectations for NFE FY2025 Earnings

New Fortress Energy LLC (NASDAQ:NFEFree Report) – Research analysts at Capital One Financial reduced their FY2025 earnings per share (EPS) estimates for New Fortress Energy in a report released on Wednesday, October 22nd. Capital One Financial analyst W. Suki now forecasts that the company will post earnings per share of ($3.23) for the year, down from their prior estimate of ($3.22). Capital One Financial currently has a “Underweight” rating on the stock. 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 ($2.17) EPS.

New Fortress Energy (NASDAQ:NFEGet Free Report) last posted its earnings results on Wednesday, June 18th. The company reported $0.13 EPS for the quarter. New Fortress Energy had a negative return on equity of 22.72% and a negative net margin of 48.94%.The business had revenue of $679.00 million during the quarter.

Several other equities research analysts have also issued reports on the stock. Johnson Rice lowered shares of New Fortress Energy from a “buy” rating to a “hold” rating and dropped their target price for the company from $7.00 to $4.00 in a research report on Wednesday, August 13th. New Street Research set a $8.50 price objective on shares of New Fortress Energy in a report on Monday, June 30th. Weiss Ratings reiterated a “sell (d-)” rating on shares of New Fortress Energy in a research report on Tuesday, October 14th. Compass Point started coverage on New Fortress Energy in a research report on Tuesday, July 1st. They set a “buy” rating and a $8.50 price target on the stock. Finally, BTIG Research lowered New Fortress Energy from a “buy” rating to a “neutral” rating in a research note on Thursday, June 26th. Three investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $7.88.

Get Our Latest Report on NFE

New Fortress Energy Stock Down 0.6%

Shares of NASDAQ NFE opened at $1.77 on Friday. The company has a current ratio of 0.67, a quick ratio of 0.64 and a debt-to-equity ratio of 5.77. The business has a 50-day moving average of $2.14 and a 200-day moving average of $3.32. The firm has a market capitalization of $503.65 million, a price-to-earnings ratio of -0.46 and a beta of 1.26. New Fortress Energy has a 12 month low of $1.26 and a 12 month high of $16.66.

Institutional Investors Weigh In On New Fortress Energy

A number of hedge funds and other institutional investors have recently modified their holdings of NFE. US Bancorp DE boosted its holdings in New Fortress Energy by 81.7% during the 1st quarter. US Bancorp DE now owns 8,534 shares of the company’s stock valued at $71,000 after acquiring an additional 3,838 shares during the period. CWM LLC lifted its position in New Fortress Energy by 46.9% in the first quarter. CWM LLC now owns 9,065 shares of the company’s stock valued at $75,000 after purchasing an additional 2,895 shares during the last quarter. IFP Advisors Inc boosted its stake in shares of New Fortress Energy by 166.3% during the second quarter. IFP Advisors Inc now owns 9,072 shares of the company’s stock valued at $30,000 after purchasing an additional 5,665 shares during the period. Apollon Wealth Management LLC bought a new position in shares of New Fortress Energy in the second quarter worth approximately $33,000. Finally, MQS Management LLC purchased a new position in shares of New Fortress Energy in the second quarter worth $33,000. Institutional investors own 58.61% of the company’s stock.

New Fortress Energy Company Profile

(Get Free Report)

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.

Further Reading

Earnings History and Estimates for New Fortress Energy (NASDAQ:NFE)

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