FuelCell Energy (FCEL) Receiving Somewhat Positive Press Coverage, Analysis Shows

News headlines about FuelCell Energy (NASDAQ:FCEL) have been trending somewhat positive this week, Accern reports. The research group identifies positive and negative media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FuelCell Energy earned a news impact score of 0.18 on Accern’s scale. Accern also gave news headlines about the energy company an impact score of 45.6360581063789 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company’s share price in the immediate future.

These are some of the news articles that may have impacted Accern Sentiment Analysis’s scoring:

A number of brokerages have recently issued reports on FCEL. Zacks Investment Research raised shares of FuelCell Energy from a “hold” rating to a “buy” rating and set a $2.00 target price for the company in a research note on Wednesday, April 4th. B. Riley reiterated a “buy” rating on shares of FuelCell Energy in a report on Friday, March 9th. Finally, Roth Capital upgraded shares of FuelCell Energy from a “neutral” rating to a “buy” rating and boosted their target price for the stock from $2.00 to $4.00 in a report on Friday, February 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and five have given a buy rating to the company. FuelCell Energy presently has an average rating of “Hold” and a consensus target price of $3.42.

Shares of FuelCell Energy opened at $1.86 on Wednesday, according to Marketbeat.com. FuelCell Energy has a 52 week low of $1.85 and a 52 week high of $1.89. The company has a quick ratio of 1.42, a current ratio of 2.06 and a debt-to-equity ratio of 0.56.

FuelCell Energy (NASDAQ:FCEL) last issued its earnings results on Thursday, March 8th. The energy company reported ($0.16) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.20) by $0.04. FuelCell Energy had a negative return on equity of 46.40% and a negative net margin of 37.86%. The firm had revenue of $38.61 million for the quarter, compared to analyst estimates of $32.27 million. During the same quarter in the prior year, the firm earned ($0.39) earnings per share. FuelCell Energy’s revenue for the quarter was up 127.1% on a year-over-year basis. research analysts anticipate that FuelCell Energy will post -0.63 earnings per share for the current year.

FuelCell Energy Company Profile

FuelCell Energy, Inc, together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed power generation. The company offers SureSource power plants, a tri-generation distributed hydrogen configuration that generates electricity, heat, and hydrogen for commercial, industrial, government, and utility customers; and fuel cell carbon capture solution for coal or gas-fired power plants.

Insider Buying and Selling by Quarter for FuelCell Energy (NASDAQ:FCEL)

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