This week we saw the Clean Energy Fuels Corp. (NASDAQ:CLNE) share price climb by 11%. But over the last three years we've seen a quite serious decline. In that time, the share price dropped 63%. So the improvement may be a real relief to some. The rise has some hopeful, but turnarounds are often precarious.
While the stock has risen 11% in the past week but long term shareholders are still in the red, let's see what the fundamentals can tell us.
Given that Clean Energy Fuels didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. Generally speaking, companies without profits are expected to grow revenue every year, and at a good clip. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.
In the last three years, Clean Energy Fuels saw its revenue grow by 20% per year, compound. That's well above most other pre-profit companies. The share price has moved in quite the opposite direction, down 18% over that time, a bad result. It seems likely that the market is worried about the continual losses. But a share price drop of that magnitude could well signal that the market is overly negative on the stock.
You can see below how earnings and revenue have changed over time (discover the exact values by clicking on the image).
NasdaqGS:CLNE Earnings and Revenue Growth September 14th 2024
We're pleased to report that the CEO is remunerated more modestly than most CEOs at similarly capitalized companies. It's always worth keeping an eye on CEO pay, but a more important question is whether the company will grow earnings throughout the years. You can see what analysts are predicting for Clean Energy Fuels in this interactive graph of future profit estimates.
A Different Perspective
Investors in Clean Energy Fuels had a tough year, with a total loss of 32%, against a market gain of about 26%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. On the bright side, long term shareholders have made money, with a gain of 7% per year over half a decade. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. It's always interesting to track share price performance over the longer term. But to understand Clean Energy Fuels better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 2 warning signs for Clean Energy Fuels you should know about.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of companies we expect will grow earnings.
Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.
Have feedback on this article? Concerned about the content?Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
朝鲜劳动党中央委员会副部长金与正6月9日发表谈话称,朝鲜8日晚至9日凌晨通过1400个气球向韩国投放废纸7.5吨。(央视新闻)...
2024年06月13日盘中消息,09时42分京能热力(002893)触及涨停板。目前价格10.73元,上涨7.51%。 其所属行业公用事业目前上涨。 相关个股中,京能热力、联合水务、金房能源涨幅较大,涨幅分别为:7.30%、2.55%、1.78%。...
界面新闻记者 | 张熹珑 从生日庆祝、毕业祝福,到求职简历、相亲信息,层出不穷的广州地铁广告频频登上热搜。 6月11日,广州地铁传媒公司业务部相关人士向界面新闻表示,个人广告业务属于当下主推的新业务,近期需求量也有明显增加,“个人类发布中,目前最多的是生日庆祝类,另外还有毕业纪念、个人...
快讯摘要 【国内商品期货夜盘收盘跌多涨少玻璃跌超1%】证券时报e公司讯,国内商品期货夜盘收盘跌多涨少,玻璃跌超1%,PX、甲醇等小幅下跌;豆一、棉花等小幅上涨。...
华夏时报(www.chinatimes.net.cn)记者 张玫 陈锋 北京报道 近期,因“割肉”离场暴亏近百万元、此后又错失万科反弹,被称“倒在地产反弹黎明前”的紫金陈频登热搜。 紫金陈是知名作家,被誉为“被写作耽误的股神”,在雪球平台上,其粉丝数量达到23.8万。 日前,紫金陈在股市中的操作再...
在现代汽车技术中,GDI是一个重要的缩写,它代表“Gasoline Direct Injection”,即汽油直喷技术。这项技术是汽车发动机燃油供给系统的一项革新,它通过将燃油直接喷射到发动机的燃烧室内,而不是像传统的多点喷射系统那样喷射到进气歧管中。GDI技术的优势主要体现在以下几个方面:首先,由...