Fuel Tech, Inc provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. It operates through Air Pollution Control Technology and FUEL CHEM Technology segments. 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 by low and ultra-low NOx burners; over-fire air systems; NOxOUT and HERT selective non-catalytic reduction systems; advanced selective catalytic reduction systems; NOxOUT CASCADE and NOxOUT-SCR processes; ULTRA technology; ammonia injection grid and graduated straightening grid systems; and flue gas conditioning systems.
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Industry, Sector and Symbol
Industry Blowers & fans
Sub-IndustryN/A
SectorIndustrial Products
Phone630-845-4500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$56.53 million
Profitability
Miscellaneous
Employees113
Next Earnings Date11/11/2019 (Estimated)
OptionableOptionable
Fuel Tech (NASDAQ:FTEK) Frequently Asked Questions
What is Fuel Tech's stock symbol?
Fuel Tech trades on the NASDAQ under the ticker symbol "FTEK."
How were Fuel Tech's earnings last quarter?
Fuel Tech Inc (NASDAQ:FTEK) issued its earnings results on Tuesday, August, 13th. The industrial products company reported ($0.02) EPS for the quarter, hitting analysts' consensus estimates of ($0.02). The industrial products company had revenue of $9.79 million for the quarter, compared to the consensus estimate of $12.11 million. Fuel Tech had a positive return on equity of 4.35% and a negative net margin of 0.57%. View Fuel Tech's Earnings History.
When is Fuel Tech's next earnings date?
What price target have analysts set for FTEK?
1 Wall Street analysts have issued 12-month price targets for Fuel Tech's shares. Their forecasts range from $1.75 to $1.75. On average, they anticipate Fuel Tech's share price to reach $1.75 in the next twelve months. This suggests a possible upside of 101.1% from the stock's current price. View Analyst Price Targets for Fuel Tech.
What is the consensus analysts' recommendation for Fuel Tech?
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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Fuel Tech.
What are Wall Street analysts saying about Fuel Tech stock?
Here are some recent quotes from research analysts about Fuel Tech stock:
- 1. HC Wainwright analysts commented, "We are lowering our price target on FTEK to $1.75 from $2.00 previously, driven primarily by weaker-than-expected performance in the company’s Air Pollution Control (APC) business that has impacted overall performance so far in 2019 and is expected to weigh on revenue growth prospects over the next 12 -18 months. Management attributed the softness in APC revenues to delays and cancelations in securing contracts as well as loss of bids to competitors in a few cases. In line with this, the company’s backlog at the end of 2Q19 dropped to $8.0M compared to $12.2M at the end of 1Q19. Though management is anticipating new contract bookings to materialize in 2H19, we believe those will be largely recognized in 2020." (8/15/2019)
- 2. According to Zacks Investment Research, "Fuel Tech is a leading technology company engaged in the worldwide development, commercialization and application of state-of-the-art proprietary technologies for air pollution control, process optimization, and advanced engineering services. These technologies enable customers to produce both energy and processed materials in a cost-effective and environmentally sustainable manner. The Company's nitrogen oxide reduction technologies include the NOxOUT, NOxOUT CASCADE, NOxOUT ULTRA, Rich Reagent Injection and NOxOUT-SCR processes. These technologies have established Fuel Tech as a leader in post-combustion NOx control systems, with installations on worldwide, where coal, municipal waste, biomass, and other fuels are utilized. The Company's FUEL CHEM technology revolves around the unique application of chemicals to improve the efficiency and reliability of combustion units by controlling slagging, fouling, corrosion and opacity. " (5/17/2019)
Has Fuel Tech been receiving favorable news coverage?
Headlines about FTEK stock have trended negative recently, according to InfoTrie Sentiment. The research group rates the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Fuel Tech earned a news impact score of -2.3 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the next few days. View News Stories for Fuel Tech.
Are investors shorting Fuel Tech?
Fuel Tech saw a decline in short interest during the month of July. As of July 31st, there was short interest totalling 106,300 shares, a decline of 42.2% from the June 30th total of 183,900 shares. Based on an average trading volume of 152,400 shares, the days-to-cover ratio is presently 0.7 days. Approximately 0.6% of the company's shares are sold short. View Fuel Tech's Current Options Chain.
Who are some of Fuel Tech's key competitors?
Some companies that are related to Fuel Tech include Stuart Olson (SOX), ASV (ASV), Buhler Industries (BUI), Avingtrans (AVG), Perma-Pipe International (PPIH), H2O Innovation (HEO), ARC Document Solutions (ARC), Houston Wire & Cable (HWCC), Steppe Cement (STCM), Swick Mining Services (SWK), Research Solutions (RSSS), Sharps Compliance (SMED), Goldfield (GV), Crawford United (CRAWA) and H2O Innovation (HEOFF).
What other stocks do shareholders of Fuel Tech own?
Who are Fuel Tech's key executives?
Fuel Tech's management team includes the folowing people:
- Mr. Vincent J. Arnone, Chairman, CEO & Pres (Age 55)
- Mr. James M. Pach, Principal Financial Officer, VP, Controller & Treasurer (Age 39)
- Mr. William E. Cummings Jr., Sr. VP of Sales (Age 62)
- Ms. Ellen T. Albrecht, VP, Accounting Mang. & Controller (Age 46)
- Dr. William H. Sun, VP of International Bus. & Technologies (Age 61)
Who are Fuel Tech's major shareholders?
Fuel Tech's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Renaissance Technologies LLC (4.55%), BlackRock Inc. (2.30%), Vanguard Group Inc. (2.06%), Essex Investment Management Co. LLC (1.75%), Perritt Capital Management Inc. (1.50%) and Acadian Asset Management LLC (0.64%). Company insiders that own Fuel Tech stock include David S Collins, Dennis L Zeitler, James J Markowsky, James M Pach, Vincent J Arnone and William E Cummings Jr. View Institutional Ownership Trends for Fuel Tech.
Which major investors are selling Fuel Tech stock?
FTEK stock was sold by a variety of institutional investors in the last quarter, including Perritt Capital Management Inc.. Company insiders that have sold Fuel Tech company stock in the last year include James J Markowsky and James M Pach. View Insider Buying and Selling for Fuel Tech.
Which major investors are buying Fuel Tech stock?
FTEK stock was bought by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, Renaissance Technologies LLC, Essex Investment Management Co. LLC, Vanguard Group Inc. and BlackRock Inc.. Company insiders that have bought Fuel Tech stock in the last two years include Dennis L Zeitler, James J Markowsky, Vincent J Arnone and William E Cummings Jr. View Insider Buying and Selling for Fuel Tech.
How do I buy shares of Fuel Tech?
Shares of FTEK can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Fuel Tech's stock price today?
One share of FTEK stock can currently be purchased for approximately $0.87.
How big of a company is Fuel Tech?
What is Fuel Tech's official website?
How can I contact Fuel Tech?
Fuel Tech's mailing address is 27601 BELLA VISTA PARKWAY, WARRENVILLE IL, 60555. The industrial products company can be reached via phone at 630-845-4500 or via email at [email protected]
MarketBeat Community Rating for Fuel Tech (NASDAQ FTEK)
MarketBeat's community ratings are surveys of what our community members think about Fuel Tech and other stocks. Vote "Outperform" if you believe FTEK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe FTEK will underperform the S&P 500 over the long term. You may vote once every thirty days.
