Equities research analysts forecast that FuelCell Energy Inc (NASDAQ:FCEL) will report earnings per share (EPS) of ($1.15) for the current quarter, according to Zacks. Two analysts have provided estimates for FuelCell Energy’s earnings. FuelCell Energy posted earnings of ($2.40) per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 52.1%. The business is scheduled to announce its next quarterly earnings results on Thursday, September 5th.
On average, analysts expect that FuelCell Energy will report full year earnings of ($5.62) per share for the current year. For the next year, analysts expect that the business will report earnings of ($1.41) per share. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover FuelCell Energy.
A number of research firms have weighed in on FCEL. CIBC restated a “market perform” rating on shares of FuelCell Energy in a research note on Thursday, June 6th. Zacks Investment Research cut FuelCell Energy from a “buy” rating to a “hold” rating in a research report on Tuesday, August 6th. Cowen cut FuelCell Energy from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 6th. Oppenheimer cut FuelCell Energy from an “outperform” rating to a “market perform” rating in a research report on Thursday, June 6th. Finally, ValuEngine upgraded FuelCell Energy from a “hold” rating to a “buy” rating in a research report on Thursday, May 9th. Six analysts have rated the stock with a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus price target of $21.19.
Shares of NASDAQ:FCEL traded down $0.02 during midday trading on Tuesday, hitting $0.32. The company had a trading volume of 5,209,436 shares, compared to its average volume of 7,013,803. FuelCell Energy has a twelve month low of $0.13 and a twelve month high of $14.64. The company has a current ratio of 0.94, a quick ratio of 0.43 and a debt-to-equity ratio of 1.20. The stock has a market capitalization of $9.47 million, a PE ratio of -0.03 and a beta of 1.18. The firm’s 50-day moving average is $0.42.
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 product line based on carbonate fuel cell technology in various configurations, including on-site power, utility grid support, distributed hydrogen, and micro-grid, as well as multi-megawatt applications; and SureSource Recovery power plants for natural gas pipeline applications.
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