New Fortress Energy Inc. which can be found using ticker (NFE) have now 10 confirmed analysts covering the stock with the consensus suggesting a rating of ‘buy’. The range between the high target price and low target price is between $60.00 and $32.00 calculating the average target share price we see $44.30. (at the time of writing). Given that the stocks previous close was at $31.45 this now indicates there is a potential upside of 40.9%. It’s also worth noting that there is a 50 day moving average of $35.33 and the 200 moving average now moves to $31.53. The company has a market capitalization of 6.56B. The stock price for the company is currently $31.99 USD
The potential market cap would be $9,238,827,254 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 16.84, revenue per share of $10.64 and a 6.35% 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).
