Fuelcell Energy Inc (NASDAQ:FCEL) has a beta value of 3.36 and has seen 0.54 million shares traded in the recent trading session. The company, currently valued at $292.54M, closed the recent trade at $12.56 per share which meant it gained $0.75 on the day or 6.36% during that session. The FCEL stock price is -267.83% off its 52-week high price of $46.20 and 56.61% above the 52-week low of $5.45. If we look at the company’s 10-day average daily trading volume, we find that it stood at 1.47 million shares traded. The 3-month trading volume is 1.64 million shares.
The consensus among analysts is that Fuelcell Energy Inc (FCEL) is Hold stock at the moment, with a recommendation rating of 3.22. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 7 out of 8 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -1.71.
Fuelcell Energy Inc (NASDAQ:FCEL) trade information
Sporting 6.36% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the FCEL stock price touched $12.56 or saw a fall of -0.48%. Year-to-date, Fuelcell Energy Inc shares have moved 38.95%, while the 5-day performance has seen it change 25.11%. Over the past 30 days, the shares of Fuelcell Energy Inc (NASDAQ:FCEL) have changed 18.39%. Short interest in the company has seen 5.24 million shares shorted with days to cover at 2.2.
Wall Street analysts have a consensus price target for the stock at $37.2, which means that the shares’ value could jump 66.24% from the levels at last check today. The projected low price target is $37.2 while the price target rests at a high of $37.2. In that case, then, we find that the latest price level in today’s session is -196.18% off the targeted high while a plunge would see the stock gain -196.18% from the levels at last check today.
Fuelcell Energy Inc (FCEL) estimates and forecasts
Figures show that Fuelcell Energy Inc shares have outperformed across the wider relevant industry. The company’s shares have lost -34.65% over the past 6 months, with this year growth rate of 29.44%, compared to -3.90% for the industry. Revenue growth from the last financial year stood is estimated to be 57.42%.
8 analysts offering their estimates for the company have set an average revenue estimate of 39.99M for the current quarter. 8 have an estimated revenue figure of 42.58M for the next ending quarter. Year-ago sales stood 16.69M and 22.42M respectively for this quarter and the next, and analysts expect sales will grow by 139.61% for the current quarter and 57.42% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 32.19% over the past 5 years. Earnings growth for 2025 is a modest 31.71% while over the next 5 years, the company’s earnings are expected to increase by 15.00%.
FCEL Dividends
Fuelcell Energy Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Fuelcell Energy Inc (NASDAQ:FCEL)’s Major holders
Insiders own 0.36% of the company shares, while shares held by institutions stand at 31.39% with a share float percentage of 31.50%. Investors are also buoyed by the number of investors in a company, with Fuelcell Energy Inc having a total of 248.0 institutions that hold shares in the company. The top two institutional holders are BLACKROCK INC. with over 34.36 million shares worth more than $21.95 million. As of 2024-06-30, BLACKROCK INC. held 7.5859% of shares outstanding.
The other major institutional holder is VANGUARD GROUP INC, with the holding of over 33.26 million shares as of 2024-06-30. The firm’s total holdings are worth over $21.25 million and represent 7.3421% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF. As of Sep 30, 2024, the former fund manager holds about 2.22% shares in the company for having 453.87 shares of worth $5.79 million while later fund manager owns 442.4 shares of worth $5.65 million as of Oct 31, 2024, which makes it owner of about 2.16% of company’s outstanding stock.
