Wednesday, January 27, 2021

Clean Energy Fuels Corp. [CLNE] Revenue clocked in at $352.40 million, down -8.55% YTD: What’s Next?

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Clean Energy Fuels Corp. [NASDAQ: CLNE] traded at a low on 06/11/20, posting a -5.31 loss after which it closed the day’ session at $2.14. The results of the trading session contributed to over 1147985 shares changing hands. Over the past one week, the price volatility of Clean Energy Fuels Corp. stands at 5.50% while the volatility over the past one month is 5.24%.

The market cap for CLNE stock reached $399.22 million, with 204.99 million shares outstanding and 132.71 million shares in the current float. Compared to the average trading volume of 1.20M shares, CLNE reached a trading volume of 1147985 in the most recent trading day, which is why market watchdogs consider the stock to be active.


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What do top market gurus say about Clean Energy Fuels Corp. [CLNE]?

Raymond James have made an estimate for Clean Energy Fuels Corp. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on February 03, 2020. The new note on the price target was released on July 05, 2018, representing the official price target for Clean Energy Fuels Corp. stock. On October 24, 2014, analysts decreased their price target for CLNE shares from 10 to 6.

The Average True Range (ATR) for Clean Energy Fuels Corp. is set at 0.13, with the Price to Sales ratio for CLNE stock in the period of the last 12 months amounting to 1.13. The Price to Book ratio for the last quarter was 0.83, with the Price to Cash per share for the same quarter was set at 0.53.

How has CLNE stock performed recently?

Clean Energy Fuels Corp. [CLNE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.17. With this latest performance, CLNE shares gained by 3.38% in over the last four-week period, additionally plugging by 10.31% over the last 6 months – not to mention a drop of -13.36% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CLNE stock in for the last two-week period is set at 52.42, with the RSI for the last a single of trading hit 47.55, and the three-weeks RSI is set at 52.42 for Clean Energy Fuels Corp. [CLNE]. The present Moving Average for the last 50 days of trading for this stock 1.98, while it was recorded at 2.29 for the last single week of trading, and 2.12 for the last 200 days.

Clean Energy Fuels Corp. [CLNE]: Deeper insight into the fundamentals

Operating Margin for any stock indicates how profitable investing would be, and Clean Energy Fuels Corp. [CLNE] shares currently have an operating margin of +4.41 and a Gross Margin at +25.36. Clean Energy Fuels Corp.’s Net Margin is presently recorded at +5.82.

Return on Total Capital for CLNE is now 2.43, given the latest momentum, and Return on Invested Capital for the company is 3.46. Return on Equity for this stock inclined to 3.92, with Return on Assets sitting at 2.77. When it comes to the capital structure of this company, Clean Energy Fuels Corp. [CLNE] has a Total Debt to Total Equity ratio set at 22.83. Additionally, CLNE Total Debt to Total Capital is recorded at 18.59, with Total Debt to Total Assets ending up at 15.67. Long-Term Debt to Equity for the company is recorded at 11.58, with the Long-Term Debt to Total Capital now at 9.43.

Reflecting on the efficiency of the workforce at the company, Clean Energy Fuels Corp. [CLNE] managed to generate an average of $49,566 per employee. Receivables Turnover for the company is 3.02 with a Total Asset Turnover recorded at a value of 0.48.Clean Energy Fuels Corp.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.60 and a Current Ratio set at 1.80.

Earnings analysis for Clean Energy Fuels Corp. [CLNE]

With the latest financial reports released by the company, Clean Energy Fuels Corp. posted -0.03/share EPS, while the average EPS was predicted by analysts to be reported at -0.02/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -50.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CLNE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Clean Energy Fuels Corp. go to 15.00%.

Insider trade positions for Clean Energy Fuels Corp. [CLNE]

There are presently around $129 million, or 28.90% of CLNE stock, in the hands of institutional investors. The top three institutional holders of CLNE stocks are: DIMENSIONAL FUND ADVISORS LP with ownership of 11,088,710, which is approximately 2.134% of the company’s market cap and around 1.70% of the total institutional ownership; BLACKROCK INC., holding 10,161,845 shares of the stock with an approximate value of $22.97 million in CLNE stocks shares; and RENAISSANCE TECHNOLOGIES LLC, currently with $20.43 million in CLNE stock with ownership of nearly -1.671% of the company’s market capitalization.

Positions in Clean Energy Fuels Corp. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 58 institutional holders increased their position in Clean Energy Fuels Corp. [NASDAQ:CLNE] by around 3,038,335 shares. Additionally, 59 investors decreased positions by around 4,162,416 shares, while 34 investors held positions by with 50,016,619 shares. The mentioned changes placed institutional holdings at 57,217,370 shares, according to the latest SEC report filing. CLNE stock had 21 new institutional investments in for a total of 648,011 shares, while 23 institutional investors sold positions of 1,778,863 shares during the same period.

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