New Fortress Energy Inc. (NFE)
New Fortress Energy Statistics
Share Statistics
New Fortress Energy has 273.77M shares outstanding. The number of shares has increased by 33.51% in one year.
| Shares Outstanding | 273.77M |
| Shares Change (YoY) | 33.51% |
| Shares Change (QoQ) | 8.89% |
| Owned by Institutions (%) | 91.75% |
| Shares Floating | 177.79M |
| Failed to Deliver (FTD) Shares | 826.38K |
| FTD / Avg. Volume | 11.53% |
Short Selling Information
The latest short interest is 48.26M, so 17.63% of the outstanding shares have been sold short.
| Short Interest | 48.26M |
| Short % of Shares Out | 17.63% |
| Short % of Float | 32.81% |
| Short Ratio (days to cover) | 4.26 |
Valuation Ratios
The PE ratio is -13.21 and the forward PE ratio is 11.32. New Fortress Energy's PEG ratio is 0.09.
| PE Ratio | -13.21 |
| Forward PE | 11.32 |
| PS Ratio | 1.39 |
| Forward PS | 0.4 |
| PB Ratio | 1.75 |
| P/FCF Ratio | -1.62 |
| PEG Ratio | 0.09 |
Enterprise Valuation
Currently the Enterprise Value (EV) is not available for New Fortress Energy.
| EV / Sales | n/a |
| EV / EBITDA | n/a |
| EV / EBIT | n/a |
| EV / FCF | n/a |
Financial Position
The company has a current ratio of 0.94, with a Debt / Equity ratio of 5.06.
| Current Ratio | 0.94 |
| Quick Ratio | 0.88 |
| Debt / Equity | 5.06 |
| Debt / EBITDA | 29.91 |
| Debt / FCF | -4.67 |
| Interest Coverage | 1.64 |
Financial Efficiency
Return on Equity is n/a and Return on Invested Capital is n/a.
| Return on Equity | n/a |
| Return on Assets | n/a |
| Return on Invested Capital | n/a |
| Revenue Per Employee | $3.28M |
| Profits Per Employee | $-344.93K |
| Employee Count | 722 |
| Asset Turnover | 0.18 |
| Inventory Turnover | 12.33 |
Taxes
| Income Tax | 69.51M |
| Effective Tax Rate | -40.21% |
Stock Price Statistics
The stock price has increased by -78.08% in the last 52 weeks. The beta is 1.5, so New Fortress Energy's price volatility has been higher than the market average.
| Beta | 1.5 |
| 52-Week Price Change | -78.08% |
| 50-Day Moving Average | 8.21 |
| 200-Day Moving Average | 11.58 |
| Relative Strength Index (RSI) | 42.39 |
| Average Volume (20 Days) | 7.17M |
Income Statement
In the last 12 months, New Fortress Energy had revenue of 2.36B and earned -249.04M in profits. Earnings per share was -1.04.
| Revenue | 2.36B |
| Gross Profit | 1.09B |
| Operating Income | 538.64M |
| Net Income | -249.04M |
| EBITDA | 317.51M |
| EBIT | 155.5M |
| Earnings Per Share (EPS) | -1.04 |
Balance Sheet
The company has 492.88M in cash and 9.5B in debt, giving a net cash position of -9.01B.
| Cash & Cash Equivalents | 492.88M |
| Total Debt | 9.5B |
| Net Cash | -9.01B |
| Retained Earnings | 196.36M |
| Total Assets | 12.87B |
| Working Capital | -97.31M |
Cash Flow
In the last 12 months, operating cash flow was 586.74M and capital expenditures -2.62B, giving a free cash flow of -2.03B.
| Operating Cash Flow | 586.74M |
| Capital Expenditures | -2.62B |
| Free Cash Flow | -2.03B |
| FCF Per Share | -9.35 |
Margins
Gross margin is 46.2%, with operating and profit margins of 22.78% and -10.53%.
| Gross Margin | 46.2% |
| Operating Margin | 22.78% |
| Pretax Margin | -7.31% |
| Profit Margin | -10.53% |
| EBITDA Margin | 13.43% |
| EBIT Margin | 22.78% |
| FCF Margin | -86.03% |
Dividends & Yields
NFE pays an annual dividend of $0.4, which amounts to a dividend yield of 3.4%.
| Dividend Per Share | $0.40 |
| Dividend Yield | 3.4% |
| Dividend Growth (YoY) | -96.67% |
| Payout Ratio | -32% |
| Earnings Yield | n/a |
| FCF Yield | n/a |
Analyst Forecast
The average price target for NFE is $14.5, which is 155.7% higher than the current price. The consensus rating is "Hold".
| Price Target | $14.5 |
| Price Target Difference | 155.7% |
| Analyst Consensus | Hold |
| Analyst Count | 6 |
Scores
| Altman Z-Score | 0.32 |
| Piotroski F-Score | 4 |