Workflow
Clean Energy(CLNE)
icon
Search documents
Buy Alert: 3 Quality Stocks to Snag Near 52-Week Lows
Investor Place· 2024-07-15 10:00
Group 1: Market Overview - The article discusses the strategy of investing in equities that have suffered significant losses, emphasizing the importance of underlying fundamentals rather than just percentage losses [1][2] - It highlights the potential for stocks near 52-week lows to present investment opportunities, provided there is a legitimate reason for a potential rebound [2][3] Group 2: Dynatrace (DT) - Dynatrace operates in the application software industry, providing a security platform for multi-cloud environments, including application and microservice monitoring [4] - The company has experienced a 19% decline over the past year, yet it has consistently beaten earnings expectations with an average earnings per share of 30 cents against a consensus of 26 cents [5] - Currently, Dynatrace shares are trading at 9.18 times trailing-year sales, which is lower than the average of 11.59 times, with projected sales growth of 15.7% to $1.65 billion by year-end [6] Group 3: SoundThinking (SSTI) - SoundThinking, formerly known as ShotSpotter, provides a gunshot detection system, which has become relevant due to increasing gun violence [7] - The company faces controversy regarding the effectiveness of its technology and sociological implications, but potential law-and-order policies could benefit its stock [8] - SoundThinking shares are currently trading at 1.59 times sales, down from 3.54 times, with projected revenue growth of 13.3% to over $105 million in fiscal 2024 [9] Group 4: Clean Energy Fuels (CLNE) - Clean Energy Fuels operates in the oil and gas refining and marketing industry, focusing on providing natural gas as an alternative fuel for vehicle fleets [10] - The company is not consistently profitable but is considered potentially undervalued, with shares trading at 1.37 times sales compared to nearly 2 times in the past year [11] - Analysts expect revenue growth of 9.5% to $470.13 million in the following year, with a high-side estimate of $526.6 million [11]
Down -23.29% in 4 Weeks, Here's Why You Should You Buy the Dip in Clean Energy Fuels (CLNE)
ZACKS· 2024-07-11 14:35
How to Determine if a Stock is Oversold quest for reaching the old equilibrium of supply and demand. A downtrend has been apparent in Clean Energy Fuels (CLNE) lately with too much selling pressure. The stock has declined 23.3% over the past four weeks. However, given the fact that it is now in oversold territory and Wall Street analysts are majorly in agreement about the company's ability to report better earnings than they predicted earlier, the stock could be due for a turnaround. We use Relative Strengt ...
Clean Energy Fuels (CLNE) Builds Third LNG Train at Boron Plant
ZACKS· 2024-06-12 14:20
Clean Energy Fuels (CLNE) announced that it has completed the construction of a third production train at its liquefied natural gas (LNG) plant in Boron, CA. As the largest plant of its kind in Southwest United States, the Boron plant now has the capacity to produce up to 270,000 gallons of cleaner-burning LNG every day, increasing the total capacity by 50%. By adding a third production train, the supply is likely to be able to keep up with the increasing demand for bulk LNG from customers who want to decar ...
The 7 Most Undervalued Stocks Under $20 to Buy in May 2024
investorplace.com· 2024-05-17 21:46
The markets are moving higher after a cooler reading on inflation stirs hopes that interest rates will be cut at some point in 2024. However, with many stocks still looking significantly overvalued, investors are on the hunt for undervalued cheap stocks. A cheap stock can be measured by fundamentals like its price-to-earnings (P/E) ratio. However, in many cases, a stock's price is the barometer of cheap or expensive. In this article, we're looking at stocks trading for $20 or less. At this price, investors ...
Why Clean Energy Stock Exploded Higher Today
The Motley Fool· 2024-05-10 14:54
The more Clean Energy sells, the more money it loses. And that's a good thing?Shares of natural gas-as-vehicle-fuel provider Clean Energy Fuels (CLNE 11.50%) soared 17% through 9:50 a.m. ET this morning after beating on both the top and bottom lines last night.Heading into the first-quarter 2024 report, analysts forecast Clean Energy would lose $0.04 per share (adjusted for one-time items) on sales of $99.6 million. In fact, Clean Energy's adjusted loss was only $0.01 per share, and sales exceeded expectati ...
Clean Energy(CLNE) - 2024 Q1 - Earnings Call Transcript
2024-05-10 00:11
Clean Energy Fuels Corp. (NASDAQ:CLNE) Q1 2024 Earnings Conference Call May 9, 2024 4:30 PM ET Company Participants Robert Vreeland - Chief Financial Officer Andrew Littlefair - President and Chief Executive Officer Conference Call Participants Eric Stine - Craig-Hallum Manav Gupta - UBS Rob Brown - Lake Street Capital markets Derrick Whitfield - Stifel Matthew Blair - TPH Betty Zhang - Scotiabank Pavel Molchanov - Raymond James Craig Shere - Tuohy Brothers Jason Gabelman - TD Cowen Operator Good day, every ...
Clean Energy Fuels (CLNE) Q1 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-05-10 00:01
For the quarter ended March 2024, Clean Energy Fuels (CLNE) reported revenue of $103.71 million, down 21.5% over the same period last year. EPS came in at -$0.01, compared to -$0.07 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $106.63 million, representing a surprise of -2.74%. The company delivered an EPS surprise of +66.67%, with the consensus EPS estimate being -$0.03.While investors scrutinize revenue and earnings changes year-over-year and how they compare wi ...
Clean Energy(CLNE) - 2024 Q1 - Quarterly Report
2024-05-09 20:16
Table of Contents Washington, DC 20549 ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-33480 Delaware 33-0968580 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) (949) 437-1000 | --- | --- | --- | |------------------- ...
Clean Energy(CLNE) - 2024 Q1 - Quarterly Results
2024-05-09 20:10
Exhibit 99.1 NEWPORT BEACH, Calif. — (BUSINESS WIRE) — May 9, 2024 — Clean Energy Fuels Corp. (NASDAQ: CLNE) ("Clean Energy" or the "Company") today announced its operating results for the first quarter of 2024. Operational and Strategic Highlights Commentary by Andrew J. Littlefair, President and Chief Executive Officer Summary and Review of Results combined with higher amortization of debt discount and issuance costs and expansion of our RNG investments, respectively. Selling, general and administrative e ...
Unveiling Clean Energy Fuels (CLNE) Q1 Outlook: Wall Street Estimates for Key Metrics
Zacks Investment Research· 2024-05-07 14:20
The upcoming report from Clean Energy Fuels (CLNE) is expected to reveal quarterly loss of $0.03 per share, indicating an increase of 57.1% compared to the year-ago period. Analysts forecast revenues of $106.63 million, representing a decrease of 19.3% year over year.The consensus EPS estimate for the quarter has been revised 5% higher over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Befo ...