# New Fortress Energy Inc. – Consensus ‘buy’ rating and 32.4% Upside Potential

- Link: https://www.directorstalkinterviews.com/new-fortress-energy-inc.consensus-buy-rating-and-32.4-upside-potential/4121129792
- Published: 2023-10-13T14:39:45+01:00
- Author: Charlotte Edwards

**New Fortress Energy Inc.** with ticker code (NFE) now have 9 market analysts covering
the stock. The analyst consensus now points to a rating of ‘buy’. The target price
High/Low ranges between 61 and 32 and has a mean target at $44.44. Now with the 
previous closing price of $33.56 this now indicates there is a potential upside 
of 32.4%. The 50 day moving average now sits at $30.35 and the 200 moving average
now moves to $31.41. The company has a market capitalization of 6.82B. The stock
price for the company is currently 33.27 USD

 The potential market cap would be $9,032,842,662 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 17.06, revenue per share of 11.63
and a 6.98% 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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