New Fortress Energy Inc. with ticker code (NFE) now have 9 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The target price High/Low ranges between $60.00 and $32.00 calculating the mean target share price we have $42.89. (at the time of writing). Now with the previous closing price of $29.73 this would indicate that there is a potential upside of 44.3%. It’s also worth noting that there is a 50 day moving average of $31.88 and the 200 moving average now moves to $31.98. The market capitalization for the company is 6.05B. The stock price for the company is currently $29.52 USD
The potential market cap would be $8,730,653,199 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 11.14, revenue per share of $11.72 and a 6.39% 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).
