NASDAQ:FTEK

Fuel Tech (FTEK) Stock Forecast, Price & News

$1.13

+0.01 (+0.89%)

(As of 09/22/2023 ET)

Compare

Today's Range: $1.11
▼
$1.14
50-Day Range: $1.09
▼
$1.32
52-Week Range: $1.06
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$1.83

Volume: 30,816 shs
Average Volume: 49,594 shs
Market Capitalization: $34.34 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $4.00

Fuel Tech MarketRank™ Forecast

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 254.0% Upside
$4.00 Price Target
Short Interest: Healthy
2.11% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.15
Based on 3 Articles This Week
Insider Trading: Acquiring Shares
$18,000 Bought Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.96 out of 5 stars

Industrial Products Sector

123rd out of 168 stocks

Blowers & Fans Industry

4th out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
Fuel Tech has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $4.00, Fuel Tech has a forecasted upside of 254.0% from its current price of $1.13.
Amount of Analyst Coverage
Fuel Tech has only been the subject of 1 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
2.11% of the float of Fuel Tech has been sold short.
Short Interest Ratio / Days to Cover
Fuel Tech has a short interest ratio ("days to cover") of 8.7.
Change versus previous month
Short interest in Fuel Tech has recently decreased by 1.27%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
Fuel Tech does not currently pay a dividend.
Dividend Growth
Fuel Tech does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for FTEK.

1.2

News and Social Media Coverage

News Sentiment
Fuel Tech has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Industrial Products companies.
News Coverage This Week
MarketBeat has tracked 3 news articles for Fuel Tech this week, compared to 3 articles on an average week.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Fuel Tech insiders have bought more of their company's stock than they have sold. Specifically, they have bought $18,000.00 in company stock and sold $0.00 in company stock.
Percentage Held by Insiders
Only 8.60% of the stock of Fuel Tech is held by insiders.
Percentage Held by Institutions
Only 20.14% of the stock of Fuel Tech is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Fuel Tech is -28.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Fuel Tech is -28.25, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Fuel Tech has a P/B Ratio of 0.76. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Fuel Tech (NASDAQ:FTEK) Stock

Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. The company operates through two segments, Air Pollution Control Technology and FUEL CHEM Technology. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; over-fire air systems; NOxOUT and HERT selective non-catalytic reduction systems; selective catalytic reduction systems comprising ammonia injection grid, and graduated straightening grid systems; I-NOx systems; ESP Processes and Services; ULTRA technology; and flue gas conditioning systems. The FUEL CHEM Technology segment provides programs to improve the efficiency, reliability, fuel flexibility, boiler heat rate, and environmental status of combustion units by controlling slagging, fouling, corrosion, opacity, and acid plume, as well as the formation of sulfur trioxide, ammonium bisulfate, particulate matter, sulfur dioxide, and carbon dioxide through the addition of chemicals into the furnace using TIFI targeted in-furnace injection technology. This segment offers its FUEL CHEM program for plants operating in the electric utility, industrial, pulp and paper, waste-to-energy, and university and district heating markets; and the owners of boilers, furnaces, and other combustion units. The company was incorporated in 1987 and is headquartered in Warrenville, Illinois.

FTEK Price History

30 days | 90 days | 365 days | Advanced Chart

FTEK Stock News Headlines

September 21, 2023 | americanbankingnews.com

Fuel Tech (NASDAQ:FTEK) Coverage Initiated by Analysts at StockNews.com

September 20, 2023 | news.yahoo.com

Videos show a massive fuel tank explosion after a suspected drone strike in Putin's prized resort town

September 23, 2023 | Chaikin Analytics (Ad)

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September 18, 2023 | msn.com

Cattle waste into rocket fuel? One company is trying it

September 14, 2023 | americanbankingnews.com

Fuel Tech (NASDAQ:FTEK) Now Covered by Analysts at StockNews.com

September 11, 2023 | reuters.com

Time to target fossil fuel demand, not supply

September 6, 2023 | finance.yahoo.com

Fuel Tech to Present at 25th Annual H.C. Wainwright Global Investment Conference

September 5, 2023 | finance.yahoo.com

Here's Why We're Not At All Concerned With Fuel Tech's (NASDAQ:FTEK) Cash Burn Situation

September 23, 2023 | Legacy Research (Ad)

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August 12, 2023 | msn.com

Americans can't get a break thanks to surging mortgages, food and fuel costs. Here are all the ways consumers are getting screwed.

August 10, 2023 | markets.businessinsider.com

Fuel Tech (FTEK) Receives a Rating Update from a Top Analyst

August 8, 2023 | finance.yahoo.com

Fuel Tech, Inc. (FTEK) Reports Q2 Loss, Lags Revenue Estimates

August 8, 2023 | msn.com

Fuel Tech GAAP EPS of -$0.03 misses by $0.01, revenue of $5.5M misses by $0.79M

August 8, 2023 | finance.yahoo.com

Fuel Tech Reports 2023 Second Quarter Financial Results

August 1, 2023 | bloomberg.com

The Fuel That Powers The World Is Having an Unusual Summer Rally

July 28, 2023 | msn.com

What Is Fuel Sloshing & How Is It Controlled In Aircraft Tanks?

July 28, 2023 | finance.yahoo.com

Fuel Tech Schedules 2023 Second Quarter Financial Results and Conference Call

July 13, 2023 | yahoo.com

This New 90-Foot Emissions-Free Catamaran Makes Its Own Hydrogen Fuel

June 27, 2023 | oilprice.com

Fuel From Thin Air: A Technological Feat Or Economic Folly?

June 21, 2023 | news.yahoo.com

Sustainable jet fuel production coming to Grant Co.

June 20, 2023 | finance.yahoo.com

What Makes Fuel Tech, Inc. (FTEK) a New Strong Buy Stock

June 13, 2023 | msn.com

Fossil fuel companies’ net-zero pledges ‘largely meaningless’ without better data: Analysis

June 11, 2023 | msn.com

Fossil fuel company net zero plans "largely meaningless" - report

June 8, 2023 | finance.yahoo.com

Fuel Tech, Inc.'s (NASDAQ:FTEK) Popularity With Investors Is Under Threat From Overpricing

May 11, 2023 | marketwatch.com

8-K: FUEL TECH, INC.

May 11, 2023 | markets.businessinsider.com

H.C. Wainwright Sticks to Its Buy Rating for Fuel Tech (FTEK)

May 11, 2023 | finance.yahoo.com

Q1 2023 Fuel Tech Inc Earnings Call

See More Headlines

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FTEK Company Calendar

Last Earnings: 8/08/2023
Today: 9/22/2023
Next Earnings (Estimated): 11/14/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Blowers & fans
Sub-Industry: N/A
Sector: Industrial Products
Current Symbol: NASDAQ:FTEK
CUSIP: N/A
CIK: 846913
Web: www.ftek.com
Phone: (630) 845-4500
Fax: 630-845-4502
Employees: 66
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $4.00
High Stock Price Forecast: $4.00
Low Stock Price Forecast: $4.00
Forecasted Upside/Downside: +254.0%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 1 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($0.04)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-1,440,000.00
Net Margins: -5.56%
Pretax Margin: -5.40%
Return on Equity: -3.48%
Return on Assets: -3.10%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 7.14
Quick Ratio: 7.03

Sales & Book Value

Annual Sales: $27.79 million
Price / Sales: 1.24
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.48 per share
Price / Book: 0.76

Miscellaneous

Outstanding Shares: 30,385,000
Free Float: 27,772,000
Market Cap: $34.34 million
Optionable: Optionable
Beta: 4.26

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Key Executives

Mr. Vincent J. Arnone (Age 59)
Chairman, CEO & Pres
Comp: $409.96k

Ms. Ellen T. Albrecht (Age 50)
VP, CFO & Treasurer
Comp: $287.25k

Mr. William E. Cummings Jr. (Age 66)
Sr. VP of Sales
Comp: $311.69k

Dr. William H. Sun (Age 65)
VP of International Bus. & Technologies

Mr. Bradley W. Johnson (Age 58)
VP, Gen. Counsel & Sec.

Mr. Kevin R. Dougherty (Age 61)
VP of Bus. Devel. & Marketing

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

FTEK Stock - Frequently Asked Questions

Should I buy or sell Fuel Tech stock right now?: 1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Fuel Tech in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" FTEK shares.
View FTEK analyst ratings or view top-rated stocks.
What is Fuel Tech's stock price forecast for 2023?: 1 Wall Street research analysts have issued 1-year target prices for Fuel Tech's shares. Their FTEK share price forecasts range from $4.00 to $4.00. On average, they predict the company's share price to reach $4.00 in the next twelve months. This suggests a possible upside of 254.0% from the stock's current price.
View analysts price targets for FTEK or view top-rated stocks among Wall Street analysts.
How have FTEK shares performed in 2023?: Fuel Tech's stock was trading at $1.2750 at the beginning of 2023. Since then, FTEK stock has decreased by 11.4% and is now trading at $1.13.
View the best growth stocks for 2023 here.
When is Fuel Tech's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 14th 2023.
View our FTEK earnings forecast.
How were Fuel Tech's earnings last quarter?: Fuel Tech, Inc. (NASDAQ:FTEK) released its earnings results on Tuesday, August, 8th. The industrial products company reported ($0.03) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.02) by $0.01. The industrial products company earned $5.46 million during the quarter, compared to analysts' expectations of $6.29 million. Fuel Tech had a negative trailing twelve-month return on equity of 3.48% and a negative net margin of 5.56%.
What is Douglas G. Bailey's approval rating as Fuel Tech's CEO?: 9 employees have rated Fuel Tech Chief Executive Officer Douglas G. Bailey on Glassdoor.com. Douglas G. Bailey has an approval rating of 15% among the company's employees. This puts Douglas G. Bailey in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Fuel Tech own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Fuel Tech investors own include Fluent (FLNT), Onconova Therapeutics (ONTX), Baytex Energy (BTE), Catalyst Pharmaceuticals (CPRX), Kosmos Energy (KOS), Assertio (ASRT), DHI Group (DHX), Marchex (MCHX), Extraction Oil & Gas (XOG) and Blink Charging (BLNK).
What is Fuel Tech's stock symbol?: Fuel Tech trades on the NASDAQ under the ticker symbol "FTEK."
Who are Fuel Tech's major shareholders?: Fuel Tech's stock is owned by a variety of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (2.66%), Two Sigma Securities LLC (0.08%) and Citadel Advisors LLC (0.00%). Insiders that own company stock include Bettye J Bailey, Dennis L Zeitler, Douglas G Bailey, Ellen T Albrecht, James J Markowsky, Vincent J Arnone and William E Cummings Jr.
View institutional ownership trends.
How do I buy shares of Fuel Tech?: Shares of FTEK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Fuel Tech's stock price today?: One share of FTEK stock can currently be purchased for approximately $1.13.
How much money does Fuel Tech make?: Fuel Tech (NASDAQ:FTEK) has a market capitalization of $34.34 million and generates $27.79 million in revenue each year. The industrial products company earns $-1,440,000.00 in net income (profit) each year or ($0.04) on an earnings per share basis.
How can I contact Fuel Tech?: Fuel Tech's mailing address is 27601 BELLA VISTA PARKWAY, WARRENVILLE IL, 60555. The official website for the company is www.ftek.com. The industrial products company can be reached via phone at (630) 845-4500, via email at info@ftek.com, or via fax at 630-845-4502.

This page (NASDAQ:FTEK) was last updated on 9/23/2023 by MarketBeat.com Staff

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