CLNE - Sales Forecasts For Clean Energy Fuels Will Most Likely Increase
- Clean Energy Fuels Corp. distributes renewable natural gas in the form of compressed natural gas and liquefied natural gas.
- Notice that the company's renewable natural gas appears to be the lowest carbon alternative fuel.
- With the new reforms being proposed, I believe that in the coming months, market analysts will most likely increase their sales expectations.
- The company trades at 5x-7x 2023 sales. The market sentiment is that sales growth will be equal to 20% and 10%, respectively. Taking into account the company's sales growth, CLNE is not very cheap.
- I believe that financial analysts will most likely increase their sales expectations soon. In that case scenario, the company's EV/Sales could decrease.
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Sales Forecasts For Clean Energy Fuels Will Most Likely Increase