Understanding CLNE Stock
Company Overview
Let’s chat about Clean Energy Fuels Corp. (NASDAQ: CLNE). You’ve got a company here all about renewable natural gas (RNG). They’re knee-deep in the whole clean fuel biz, aiming to make our planet just a little bit greener by cutting down on greenhouse gases. They’ve carved out a space in the market with their RNG development, selling, and spreading it around. If you’re curious about their latest endeavors, take a peek at CLNE Alternative Fuel Company.
Financial Performance Insights
Taking a quick look under the financial hood, we’re peeping into CLNE’s stock performance. Here’s a breakdown of some vital stats:
| Financial Metric | Recent Performance |
|---|---|
| Revenue (Q3 2024) | $104.9 milly |
| Net Income (TTM) | -$71.6 milly |
| Adjusted EBITDA (Q3 2024) | $21.3 milly |
| Return on Equity | -10.15% |
| Profit Margin | -17.32% |
Sources: Yahoo Finance, Business Wire.
So, in the third quarter of 2024, CLNE hauled in $104.9 million in revenue, flexing their muscles in the market (Business Wire). Their EBITDA swung upwards to hit $21.3 million in Q3 2024, climbing from $14.2 million the year before (Yahoo Finance).
Even with that good stuff, they’ve got some rough patches. Their net loss for the past year was a hefty $71.6 million, with a gloomy profit margin and return on equity (Yahoo Finance). Looking ahead, they see a GAAP net loss for 2024 somewhere between $91 million and $81 million, but they’re hoping to snag an Adjusted EBITDA between $62 milly and $72 milly (Business Wire).
If you’re riding the investment train with CLNE, keep a close eye on these numbers. For an even deeper dive and what might lie ahead, swing by and check out our CLNE stock forecast.
Analyzing CLNE Stock
Let’s get into the nitty-gritty of Clean Energy Fuels Corp. (CLNE) and see what makes it tick financially. We’re diving into revenues, earnings, cash, and debts here—keeping it simple but thorough.
Revenue and Earnings
Clean Energy Fuels Corp. has been on a bit of a roll lately with its finances. Over the last twelve months, they raked in $413.4 million. Those numbers aren’t just a stroke of luck. The jump is mostly due to more cash coming in from those renewable identification numbers (RIN) and low carbon fuel standards (LCFS).
Now, when we hop over to the third quarter of 2024, we’ve got some exciting news. Adjusted EBITDA shot up to $21.3 million, which is a nice leap from last year’s same time ($14.2 million). A shout-out to those high RIN credit prices for boosting this up. Though, let’s be real, the lower LCFS credit did sneakily nibble at that growth.
| Metric | Q3 2023 | Q3 2024 |
|---|---|---|
| Revenue | $104.9M | $117.3M |
| Adjusted EBITDA | $14.2M | $21.3M |
| RIN and LCFS | $10.5M | $13.0M |
Even if the stock has had its hiccups, Clean Energy Fuels isn’t sitting still. They’re expanding partnerships and getting their production facilities in gear. Plus, those snazzy new station networks are popping up all over the place, setting up the company for a brighter future and grabbing investors’ attention.
Cash Position and Debt Analysis
Everyone wants to know if a company’s got enough left over to keep going and grow, right? Let’s talk cash and debt. Clean Energy Fuels has managed to bump up its cash stash, giving it something to fall back on if things get rocky.
| Metric | 2023 | 2024 (Estimate) |
|---|---|---|
| GAAP Net Loss | $(71)M | $(81)M – $(91)M |
| Adjusted EBITDA (Annual) | $50.5M | $62M – $72M |
Looking at the pocketbook for 2024, we see a forecasted GAAP net loss ranging from $(81) million to $(91) million. But hey, let’s not get stressed. There’s a silver lining with the adjusted EBITDA hovering between $62 million and $72 million. Sure, revenues have hurdles, but Clean Energy is keeping its eyes on the prize.
To keep yourself in the loop, you might want to check out our clne stock forecast or keep tabs on the latest buzz with our clne stock news. Balancing revenue with where they stand cash-wise can guide investors as they weigh whether to put their dollars in Clean Energy Fuels Corp.
Forecasting CLNE Stock
Analyst Predictions
Look, when we’re placing bets on Clean Energy Fuels (CLNE) stock’s future, we need insights from the experts—those analyst folks. They’ve crunched the numbers, done the math, and we can peek over their shoulders thanks to TipRanks. What’s hot right now is the 12-month crystal ball they’ve gazed into, showing they’re super keen on figuring out where this stock is headed.
These market gurus give us the average price target, which kinda sums up their collective nerdy opinions on where the stock’s headed price-wise over the next year. Knowing this consensus can really help us stick to smart decisions. After all, these predictions are like a puzzle—earnings, sales, and more—helping us see the full picture of CLNE’s financial vibes and what might just be around the corner.
Here’s a little table that breaks down the word on the street from the analysts for CLNE stock:
| What’s Cookin’ | The Numbers |
|---|---|
| 12-Month Price Target (Avg) | $14.50 |
| Top Hopes | $18.00 |
| Rough Patch Thoughts | $10.00 |
Craving more details on what’s being whispered in analyst corridors? Head over to the juicy bits on our CLNE stock forecast.
Market Capitalization and Value Estimations
Diving into market cap and value slaps us right into the thick of it. Think of it as taking the temps of a stock’s current mojo and its rockstar potential down the road. For CLNE, they clocked in a sweet $104.9 million in earnings for the third quarter of 2024 (shoutout to Business Wire). And knock, knock, EBITDA’s in the house! It jumped to $21.3 million, up from last year’s $14.2 million in the same stretch—a glow-up if we’ve ever seen one.
To size up what CLNE is bringing to the table, check out these key stats we’ve laid out like plates for Thanksgiving:
| What’s on the Menu | Details |
|---|---|
| Market Cap | $1.2 Billion |
| Revenue (Q3 2024) | $104.9 Million |
| Adjusted EBITDA (Q3 2024) | $21.3 Million |
| Revenue Boost (Yearly) | 14% |
These digits help us sketch out where Clean Energy Fuels stands in the chaotic market jungle and how it might grow its roots. For the freshest intel and updates, digest our Clean Energy Fuels Corp. stock price.
By keeping our ears to the ground for analyst whispers and eyediving into market cap numbers, we can aim to make smart moves and potentially line our pockets with the spoils of investing in CLNE stock. For all the juicy updates, keep an eye on our CLNE stock news.
Investing in CLNE Stock
Risks and Considerations
When diving into the world of Clean Energy Fuels Corp (CLNE), it’s crucial to keep an eye out for some bumps along the road. We’ll spotlight a few key areas to be aware of.
Regulatory Uncertainties
CLNE isn’t exactly walking on a sunny day when it comes to regulations. A major hiccup could be the Alternative Fuel Tax Credit taking a hike by the end of 2024, slashing revenue by a hefty $22 million (Yahoo Finance). Plus, there’s the whole mess around the Low Carbon Fuel Standard (LCFS) that could throw a wrench in their long-term plans.
Market Risks
The drop in LCFS credit prices this year compared to last has already ruffled some feathers at CLNE (Yahoo Finance). These swings in credit prices and demand for green fuels keep the company on their toes.
Operational Risks
Now, RNG (Renewable Natural Gas) could be a goldmine, but the mines ain’t ready yet. Some projects won’t deliver the goods till late 2025, which might keep profits from skyrocketing any time soon (Yahoo Finance).
Here’s a quick peek at the risks:
| Risk Type | What’s Involved |
|---|---|
| Regulatory | What the tax credits and LCFS program winds will blow |
| Financial | What happens if tax credits vanish into thin air |
| Operational | If RNG projects don’t get off the launchpad soon enough |
| Market | The yo-yo action of LCFS credit prices hitting the revenue |
Valuation Methods and Strategies
Understanding how to size up CLNE’s worth is like having a secret map in the investing treasure hunt. Here are the handy valuation methods to figure out what CLNE might bring to the table.
Discounted Cash Flow (DCF) Analysis
DCF analysis is your trusted buddy when figuring out what CLNE’s future cash haul is worth today. It involves whipping up projections for the company’s free cash flows and discounting them back using a rate that fits the risk.
Comparable Company Analysis
Another trick up our sleeve is comparing CLNE with its buddies in the clean energy gang. By checking out stuff like Price-to-Earnings (P/E) ratio, Enterprise Value-to-EBITDA (EV/EBITDA), and Price-to-Sales (P/S), we can get a sense of CLNE’s place in the market.
| Valuation Method | What’s the Big Idea Here? |
|---|---|
| Discounted Cash Flow (DCF) | Putting a price on future cash by looking at it the ‘present way’ |
| Comparable Company Analysis | Gauging CLNE by sizing it next to similar firms in the market space |
For deep-divers curious about crunching CLNE’s numbers, check our articles on clean energy fuels corp stock price and clne stock forecast. By combining these methods with an eagle-eye view of CLNE’s risks and market pulse, we get a clearer picture to choose our investment sails wisely in this ever-moving sea of clean energy ventures.
