New Fortress Energy Inc (NFE) Performance and Fundamentals Dashboard tells a completely different story

With 6.34 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.18 million shares. The 52-week range on NFE shows that it touched its highest point at $29.11 and its lowest point at $4.72 during that stretch. It currently has a 1-year price target of $12.33. With its current market cap of 1.93 billion, NFE has annualized dividend of $0.10 while the current yield stands at 1.42%. Beta for the stock currently stands at 1.48.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NFE was up-trending over the past week, with a rise of 22.40%, but this was up by 19.49% over a month. Three-month performance dropped to -41.83% while six-month performance fell -25.48%. The stock lost -74.34% in the past year, while it has lost -53.37% so far this year. A look at the trailing 12-month EPS for NFE yields -1.27 with Next year EPS estimates of -1.23. For the next quarter, that number is -0.25. This implies an EPS growth rate of 21.95% for this year and -26.56% for next year. EPS is expected to decline by -10.63% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 5.11%.

Float and Shares Shorts:

At present, 266.46 million NFE shares are outstanding with a float of 178.05 million shares on hand for trading.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NFE since 3 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.12111 being high and $0.09688889 being low. For NFE, this leads to a yearly average estimate of $0.109.