FuelCell Energy - FCEL Stock Forecast, Price & News

FuelCell Energy, Inc., together with its subsidiaries, designs, manufactures, sells, installs, operates, and services stationary fuel cell power plants for distributed baseload power generation. It offers SureSource1500, a 1.4-megawatt (MW) platform; SureSource 3000, a 2.8 MW platform; SureSource 4000, a 3.7 MW platform; SureSource 250, a 250- kilowatt (kW) platform; SureSource 400, a 400-kW platform; and SureSource Hydrogen, a 2.3 MW platform that is designed to produce up to 1,200 kilograms of hydrogen per day for multi-megawatt utility, microgrid, and distributed hydrogen applications, as well as on-site heat and chilling applications. It also provides SureSource Capture system that separates and concentrates carbon dioxide from the flue gases of natural gas, biomass, or coal-fired power plants, as well as industrial facilities; solid oxide fuel cell/solid oxide electrolysis cell stack technology. The company's SureSource power plants generate clean electricity, usable heat, water, and hydrogen. In addition, it provides engineering, procurement, and construction services; project financing services; and real-time monitoring and remote operation, online support system, preventative maintenance, parts and supplies, on-site and classroom training, and power plant refurbishment/recycling services, as well as technical services in the areas of plant operation and performance, and fuel processing. It serves various markets, including utilities and independent power producers, industrial and process applications, education and health care, data centers and communication, wastewater treatment, government, microgrids, food and beverage, and commercial and hospitality. The company primarily operates in the United States, South Korea, England, Germany, and Switzerland. FuelCell Energy, Inc. was founded in 1969 and is headquartered in Danbury, Connecticut.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on FCEL. KeyCorp reissued a "sector weight" rating on shares of FuelCell Energy in a research report on Thursday, June 2nd. Craig Hallum reduced their price target on shares of FuelCell Energy from $6.00 to $3.00 and set a "hold" rating for the company in a research report on Friday, June 10th. Five equities research analysts have rated the stock with a hold rating, According to data from MarketBeat, FuelCell Energy currently has an average rating of "Hold" and a consensus price target of $5.00.

FuelCell Energy Stock Performance

Shares of NASDAQ:FCEL traded up $0.22 during midday trading on Friday, reaching $4.15. 19,750,599 shares of the stock were exchanged, compared to its average volume of 16,254,285. The firm has a market cap of $1.60 billion, a price-to-earnings ratio of -13.83 and a beta of 3.96. FuelCell Energy has a twelve month low of $2.87 and a twelve month high of $11.63. The firm has a 50-day simple moving average of $3.76 and a two-hundred day simple moving average of $4.53. The company has a quick ratio of 6.38, a current ratio of 7.41 and a debt-to-equity ratio of 0.11.

FuelCell Energy (NASDAQ:FCEL - Get Rating) last issued its quarterly earnings data on Thursday, June 9th. The energy company reported ($0.08) EPS for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.02). FuelCell Energy had a negative return on equity of 12.76% and a negative net margin of 120.33%. The firm had revenue of $16.40 million for the quarter, compared to analyst estimates of $32.32 million. During the same period in the previous year, the business earned ($0.06) EPS. FuelCell Energy's revenue for the quarter was up 17.1% compared to the same quarter last year. As a group, analysts anticipate that FuelCell Energy will post -0.29 EPS for the current fiscal year.