FuelCell – Brokerages Anticipate FuelCell Vitality, Inc. (NASDAQ:FCEL) Will Announce Quarterly Gross sales of $16.74 Million
Equities analysts count on FuelCell Vitality, Inc. (NASDAQ:FCEL) to put up $16.74 million in gross sales for the present fiscal quarter, Zacks Funding Analysis studies. Two analysts have offered estimates for FuelCell Vitality’s earnings, with the best gross sales estimate coming in at $18.38 million and the bottom estimate coming in at $15.10 million. FuelCell Vitality posted gross sales of $11.04 million in the identical quarter final 12 months, which might point out a constructive year-over-year progress price of 51.6%. The enterprise is scheduled to report its subsequent earnings outcomes on Wednesday, January 27th.
In line with Zacks, analysts count on that FuelCell Vitality will report full 12 months gross sales of $70.63 million for the present monetary 12 months, with estimates starting from $69.00 million to $72.25 million. For the subsequent monetary 12 months, analysts count on that the corporate will put up gross sales of $86.04 million, with estimates starting from $74.30 million to $97.77 million. Zacks’ gross sales averages are a median primarily based on a survey of sell-side analysts that that present protection for FuelCell Vitality.
FuelCell Vitality (NASDAQ:FCEL) final posted its earnings outcomes on Thursday, September 10th. The vitality firm reported ($0.07) earnings per share (EPS) for the quarter, lacking the consensus estimate of ($0.06) by ($0.01). The enterprise had income of $18.73 million for the quarter, in comparison with analyst estimates of $13.40 million. FuelCell Vitality had a unfavorable return on fairness of 74.92% and a unfavorable web margin of 162.42%. Throughout the identical interval final 12 months, the enterprise earned ($0.18) EPS.
A number of analysis companies have issued studies on FCEL. Zacks Funding Analysis lower FuelCell Vitality from a “purchase” score to a “maintain” score in a analysis notice on Friday, November sixth. BidaskClub lower FuelCell Vitality from a “purchase” score to a “maintain” score in a analysis notice on Wednesday, October 21st. JPMorgan Chase & Co. lower FuelCell Vitality from an “obese” score to a “impartial” score in a analysis notice on Thursday, November 19th. They famous that the transfer was a valuation name. ValuEngine lowered FuelCell Vitality from a “purchase” score to a “maintain” score in a analysis report on Monday, November 2nd. Lastly, Oppenheimer restated a “maintain” score on shares of FuelCell Vitality in a analysis report on Thursday, September 10th. One equities analysis analyst has rated the stock with a promote score and 5 have given a maintain score to the corporate. The corporate presently has a consensus score of “Maintain” and a median price goal of $2.00.
Numerous giant buyers have just lately added to or diminished their stakes within the stock. Cambridge Funding Analysis Advisors Inc. boosted its holdings in FuelCell Vitality by 31.3% within the third quarter. Cambridge Funding Analysis Advisors Inc. now owns 21,202 shares of the vitality firm’s stock valued at $45,000 after buying a further 5,050 shares throughout the interval. Artistic Planning boosted its holdings in FuelCell Vitality by 14.3% within the second quarter. Artistic Planning now owns 49,995 shares of the vitality firm’s stock valued at $113,000 after buying a further 6,261 shares throughout the interval. Sigma Planning Corp boosted its holdings in FuelCell Vitality by 45.5% within the third quarter. Sigma Planning Corp now owns 21,973 shares of the vitality firm’s stock valued at $47,000 after buying a further 6,873 shares throughout the interval. SkyOak Wealth LLC boosted its holdings in FuelCell Vitality by 14.6% within the second quarter. SkyOak Wealth LLC now owns 54,916 shares of the vitality firm’s stock valued at $124,000 after buying a further 7,000 shares throughout the interval. Lastly, Symphony Monetary Ltd. Co. boosted its holdings in FuelCell Vitality by 29.6% within the third quarter. Symphony Monetary Ltd. Co. now owns 39,400 shares of the vitality firm’s stock valued at $84,000 after buying a further 9,000 shares throughout the interval. Hedge funds and different institutional buyers personal 25.30% of the corporate’s stock.
FCEL stock opened at $10.20 on Tuesday. The enterprise has a fifty day shifting common of $3.67 and a two-hundred day shifting common of $2.79. The corporate has a fast ratio of 1.74, a present ratio of two.69 and a debt-to-equity ratio of 1.74. The stock has a market cap of $2.95 billion, a price-to-earnings ratio of -17.89 and a beta of two.19. FuelCell Vitality has a 52-week low of $0.48 and a 52-week excessive of $11.31.
FuelCell Vitality Firm Profile
FuelCell Vitality, Inc, along with its subsidiaries, designs, manufactures, sells, installs, operates, and companies stationary gasoline cell energy vegetation for distributed energy technology. The corporate presents SureSource product line primarily based on carbonate gasoline cell expertise in varied configurations, together with on-site energy, utility grid assist, distributed hydrogen, and micro-grid, in addition to multi-megawatt purposes; and SureSource Restoration energy vegetation for pure gasoline pipeline purposes.
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