An investigation into Fuelcell Energy Inc (NASDAQ:FCEL)’s technical aspects

In the latest session, Fuelcell Energy Inc (NASDAQ: FCEL) closed at $1.07 down -2.73% from its previous closing price of $1.10. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 6935531 shares were traded.

Ratios:

For a deeper understanding of Fuelcell Energy Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.35 and its Current Ratio is at 8.26. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.16.

On December 14, 2022, UBS started tracking the stock assigning a Neutral rating and target price of $3.85.

On October 19, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $3.Jefferies initiated its Hold rating on October 19, 2022, with a $3 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FCEL now has a Market Capitalization of 483.49M and an Enterprise Value of 383.36M. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.69 while its Price-to-Book (P/B) ratio in mrq is 0.73. Its current Enterprise Value per Revenue stands at 3.72 whereas that against EBITDA is -4.05.

Stock Price History:

Over the past 52 weeks, FCEL has reached a high of $3.10, while it has fallen to a 52-week low of $0.98. The 50-Day Moving Average of the stock is 1.2274, while the 200-Day Moving Average is calculated to be 1.5246.

Shares Statistics:

For the past three months, FCEL has traded an average of 13.67M shares per day and 14.73M over the past ten days. A total of 450.38M shares are outstanding, with a floating share count of 450.37M. Insiders hold about 0.33% of the company’s shares, while institutions hold 43.95% stake in the company. Shares short for FCEL as of Feb 29, 2024 were 92.81M with a Short Ratio of 6.79, compared to 86.68M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 20.54% and a Short% of Float of 20.61%.

Earnings Estimates

There are 9 different market analysts currently analyzing its stock. On average, analysts expect EPS of -$0.08 for the current quarter, with a high estimate of -$0.07 and a low estimate of -$0.09, while EPS last year was -$0.09. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.06 and low estimates of -$0.09.

Analysts are recommending an EPS of between -$0.23 and -$0.29 for the fiscal current year, implying an average EPS of -$0.27. EPS for the following year is -$0.25, with 9 analysts recommending between -$0.19 and -$0.3.

Revenue Estimates

A total of 9 analysts have provided revenue estimates for FCEL’s current fiscal year. The highest revenue estimate was $132.39M, while the lowest revenue estimate was $81.5M, resulting in an average revenue estimate of $105.46M. In the same quarter a year ago, actual revenue was $123.39M, down -14.50% from the average estimate. Based on 9 analysts’ estimates, the company’s revenue will be $181.71M in the next fiscal year. The high estimate is $228M and the low estimate is $117.2M. The average revenue growth estimate for next year is up 72.30% from the average revenue estimate for this year.

Most Popular

[the_ad id="945"]