# New Fortress Energy Inc. – Consensus ‘buy’ rating and 111.2% Upside Potential

- Link: https://www.directorstalkinterviews.com/new-fortress-energy-inc.consensus-buy-rating-and-111.2-upside-potential/4121173359
- Published: 2024-10-04T15:40:35+01:00
- Author: Charlotte Edwards

**New Fortress Energy Inc.** which can be found using ticker (NFE) have now 8 confirmed
analysts covering the stock with the consensus suggesting a rating of ‘buy’. The
range between the high target price and low target price is between $35.00 and $
7.60 calculating the mean target price we have $19.07. Now with the previous closing
price of $9.03 this now indicates there is a potential upside of 111.2%. There is
a 50 day moving average of $12.96 and the 200 moving average now moves to $24.93.
The total market capitalization for the company now stands at 2.40B. The current
share price for the company is: $9.54 USD

 The potential market cap would be $5,065,308,811 based on the market consensus.

The company is not paying dividends at this time.

Other points of data to note are a P/E ratio of 8.08, revenue per share of $11.50
and a 4.56% return on assets.

New Fortress Energy Inc. is an energy infrastructure company, which is engaged in
providing energy and development services. The Company owns and operates natural
gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships
and logistics assets to rapidly deliver energy solutions to global markets. The 
Company operates through two segments: Terminals and Infrastructure and Ships. The
Terminals and Infrastructure segment includes the entire production and delivery
chain from natural gas procurement and liquefaction to logistics, shipping, facilities
and conversion or development of natural gas-fired power generation. This segment
includes all terminal operations in Jamaica, Puerto Rico, Mexico and Brazil, including
its interest in the Sergipe Power Plant. Its Ships segment includes all vessels,
which are leased to customers under long-term or spot arrangements, including the
25-year charter of Nanook with Centrais Eletricas de Sergipe S.A. (CELSE).

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