# New Fortress Energy Inc.  Share Price Target ‘$38.67’, now 78.8% Upside Potential

- Link: https://www.directorstalkinterviews.com/new-fortress-energy-inc.share-price-target-38.67-now-78.8-upside-potential/4121160384
- Published: 2024-06-14T12:35:59+01:00
- Author: Charlotte Edwards

**New Fortress Energy Inc.** which can be found using ticker (NFE) have now 9 analysts
in total covering the stock. The consensus rating is pointing to ‘buy’. The range
between the high target price and low target price is between $50.00 and $27.00 
with the average share target price sitting at $38.67. (at the time of writing).
Now with the previous closing price of $21.63 and the analysts are correct then 
there would likely be a percentage uptick in value of 78.8%. Also worth taking note
is the 50 day moving average now sits at $26.45 and the 200 day MA is $31.55. The
market capitalization for the company is 4.35B. The stock price for the company 
is currently $21.20 USD

 The potential market cap would be $7,772,182,261 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 9.64, revenue per share of $12.17
and a 5.86% 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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