New Fortress Energy Inc. with ticker code (NFE) have now 12 market analysts covering the stock. The analyst consensus now points to a rating of ‘buy’. The target price High/Low ranges between 70 and 32 with the average target price sitting at $51.50. Given that the stocks previous close was at $28.31 this would indicate that there is a potential upside of 81.9%. The 50 day moving average now sits at $28.16 and the 200 day MA is $35.77. The company has a market capitalization of 5.57B. The stock price is currently at: 27.18 USD
The potential market cap would be $10,137,578,569 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 54.36, revenue per share of 11.68 and a 7.29% 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).
