In last trading session, Fuelcell Energy Inc (NASDAQ:FCEL) saw 1.73 million shares changing hands with its beta currently measuring 3.38. Company’s recent per share price level of $9.33 trading at -$0.49 or -4.99% at ring of the bell on the day assigns it a market valuation of $190.11M. That closing price of FCEL’s stock is at a discount of -491.64% from its 52-week high price of $55.20 and is indicating a premium of 41.59% from its 52-week low price of $5.45. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.76 million shares which gives us an average trading volume of 1.53 million if we extend that period to 3-months.
For Fuelcell Energy Inc (FCEL), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.29. Splitting up the data highlights that, out of 8 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 7 suggested the stock as a Hold whereas 0 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -1.14 in the current quarter.
Fuelcell Energy Inc (NASDAQ:FCEL) trade information
Upright in the red during last session for losing -4.99%, in the last five days FCEL remained trading in the red while hitting it’s week-highest on Friday, 12/13/24 when the stock touched $9.33 price level, adding 22.19% to its value on the day. Fuelcell Energy Inc’s shares saw a change of -80.56% in year-to-date performance and have moved -21.92% in past 5-day. Fuelcell Energy Inc (NASDAQ:FCEL) showed a performance of 17.21% in past 30-days. Number of shares sold short was 5.24 million shares which calculate 2.2 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 37.2 to the stock, which implies a rise of 74.92% to its current value. Analysts have been projecting 37.2 as a low price target for the stock while placing it at a high target of 37.2. It follows that stock’s current price would drop -298.71% in reaching the projected high whereas dropping to the targeted low would mean a loss of -298.71% for stock’s current value.
Fuelcell Energy Inc (FCEL) estimates and forecasts
Statistics highlight that Fuelcell Energy Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -53.86% of value to its shares in past 6 months, showing an annual growth rate of 7.81% while that of industry is -8.20. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 68.44% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 41.46M for the same. And 5 analysts are in estimates of company making revenue of 45.34M in the next quarter. Company posted 16.69M and 22.42M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 50.65% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 35.90% while estimates for its earnings growth in next 5 years are of 15.00%.
Fuelcell Energy Inc (NASDAQ:FCEL)’s Major holders
Insiders are in possession of 0.36% of company’s total shares while institution are holding 31.39 percent of that, with stock having share float percentage of 31.50%. Investors also watch the number of corporate investors in a company very closely, which is 31.39% institutions for Fuelcell Energy Inc that are currently holding shares of the company. BLACKROCK INC. is the top institutional holder at FCEL for having 34.36 million shares of worth $21.95 million. And as of 2024-06-30, it was holding 7.5859 of the company’s outstanding shares.
The second largest institutional holder is VANGUARD GROUP INC, which was holding about 33.26 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.3421 of outstanding shares, having a total worth of $21.25 million.
