New Fortress Energy Inc. which can be found using ticker (NFE) now have 8 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $35.00 and $17.00 and has a mean target at $26.75. Given that the stocks previous close was at $12.10 this now indicates there is a potential upside of 121.1%. Also worth taking note is the 50 day moving average now sits at $18.28 while the 200 day moving average is $28.12. The market capitalization for the company is 2.54B. The price for the stock stands currently at: $12.38 USD
The potential market cap would be $5,612,480,444 based on the market consensus.
The company is not paying dividends at this time.
Other points of data to note are a P/E ratio of 10.49, revenue per share of $11.50 and a 4.56% return on assets.
New Fortress Energy Inc. is an energy infrastructure company, which is engaged in providing energy and development services. The Company owns and operates natural gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships and logistics assets to rapidly deliver energy solutions to global markets. The Company operates through two segments: Terminals and Infrastructure and Ships. The Terminals and Infrastructure segment includes the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities and conversion or development of natural gas-fired power generation. This segment includes all terminal operations in Jamaica, Puerto Rico, Mexico and Brazil, including its interest in the Sergipe Power Plant. Its Ships segment includes all vessels, which are leased to customers under long-term or spot arrangements, including the 25-year charter of Nanook with Centrais Eletricas de Sergipe S.A. (CELSE).
