A new trading day began on Friday, with New Fortress Energy Inc (NASDAQ: NFE) down -9.22% from the previous day of trading, before settling in for the closing price of $2.06. NFE’s price has ranged from $1.26 to $16.66 over the past 52 weeks.
It was noted that within the last five years, the titan of the Energy sector saw sales topped by 5.11%. Meanwhile, its annual earnings per share averaged -146.00%. With a float of $184.81 million, this company’s outstanding shares have now reached $274.20 million.
New Fortress Energy Inc (NFE) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Oil & Gas Midstream Industry. The insider ownership of New Fortress Energy Inc is 35.05%, while institutional ownership is 70.03%. The most recent insider transaction that took place on Mar 13 ’25, was worth 42,850. In this transaction Chief Financial Officer of this company bought 5,000 shares at a rate of $8.57, taking the stock ownership to the 206,653 shares. Before that another transaction happened on Mar 12 ’25, when Company’s Chief Executive Officer bought 100,000 for $9.07, making the entire transaction worth $907,000. This insider now owns 36,021,915 shares in total.
New Fortress Energy Inc (NFE) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of 0.05 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.78 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -146.00% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.58% during the next five years compared to 5.11% growth over the previous five years of trading.
New Fortress Energy Inc (NASDAQ: NFE) Trading Performance Indicators
Here are New Fortress Energy Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.64. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.26.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.84, a number that is poised to hit -0.54 in the next quarter and is forecasted to reach -1.25 in one year’s time.
