Fuelcell Energy Inc (FCEL) Stocks Experience Steady increase to Close at $1.13

Fuelcell Energy Inc (NASDAQ: FCEL) closed the day trading at $1.13 up 1.80% from the previous closing price of $1.11. In other words, the price has increased by $+0.0200 from its previous closing price. On the day, 17330436 shares were traded.

Ratios:

For a better understanding of FCEL, let’s look at its different 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 508.34M and an Enterprise Value of 408.21M. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.94 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 3.96 whereas that against EBITDA is -4.31.

Stock Price History:

Over the past 52 weeks, FCEL has reached a high of $4.02, while it has fallen to a 52-week low of $0.98. The 50-Day Moving Average of the stock is 1.2912, while the 200-Day Moving Average is calculated to be 1.5566.

Shares Statistics:

Over the past 3-months, FCEL traded about 13.97M shares per day on average, while over the past 10 days, FCEL traded about 14.19M shares per day. A total of 450.38M shares are outstanding, with a floating share count of 449.20M. Insiders hold about 0.33% of the company’s shares, while institutions hold 44.07% stake in the company. Shares short for FCEL as of Feb 15, 2024 were 81.05M with a Short Ratio of 5.80, compared to 81.63M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 17.98% and a Short% of Float of 18.04%.

Earnings Estimates

Current recommendations for the stock of the company come from 8 analysts. 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 -$0.07, with high estimates of -$0.06 and low estimates of -$0.08.

Analysts are recommending an EPS of between -$0.26 and -$0.34 for the fiscal current year, implying an average EPS of -$0.3. EPS for the following year is -$0.26, with 7 analysts recommending between -$0.18 and -$0.35.

Revenue Estimates

A total of 8 analysts have provided revenue estimates for FCEL’s current fiscal year. The highest revenue estimate was $148M, while the lowest revenue estimate was $86.9M, resulting in an average revenue estimate of $125.08M. In the same quarter a year ago, actual revenue was $123.39M, up 1.40% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $202.29M 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 61.70% from the average revenue estimate for this year.

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