Fuelcell Energy Inc (NASDAQ:FCEL)’s traded shares stood at 0.84 million during the last session, with the company’s beta value hitting 3.67. At the close of trading, the stock’s price was $7.37, to imply a decrease of -4.78% or -$0.37 in intraday trading. The FCEL share’s 52-week high remains $45.60, putting it -518.72% down since that peak but still an impressive 26.05% since price per share fell to its 52-week low of $5.45. The company has a valuation of $150.71M, with an average of 0.94 million shares in intraday trading volume over the past 10 days and average of 1.75 million shares over the past 3 months.
Analysts have given a consensus recommendation of Hold for Fuelcell Energy Inc (FCEL), translating to a mean rating of 3.44. Of 8 analyst(s) looking at the stock, 1 analyst(s) give FCEL a Sell rating. 0 of those analysts rate the stock as Overweight while 7 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -1.3.
Fuelcell Energy Inc (NASDAQ:FCEL) trade information
After registering a -4.78% downside in the last session, Fuelcell Energy Inc (FCEL) has traded red over the past five days. The 5-day price performance for the stock is -4.04%, and -43.61% over 30 days. With these gigs, the year-to-date price performance is -18.47%. Short interest in Fuelcell Energy Inc (NASDAQ:FCEL) saw shorts transact 5.24 million shares and set a 2.2 days time to cover.
The extremes give us $37.2 and $37.2 for target low and target high price respectively. As such, FCEL has been trading -404.75% off suggested target high and -404.75% from its likely low.
Fuelcell Energy Inc (FCEL) estimates and forecasts
The rating firms project that company’s revenue will grow 57.44% compared to the previous financial year.
Revenue forecast for the current quarter as set by 8 analysts is 36.99M. Meanwhile, for the current quarter, a total of 8 analyst(s) estimate revenue growth to 44.45M.Earnings reports from the last fiscal year show that sales brought in 16.69M and 22.42M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 121.64% before jumping 98.27% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 32.19% for the past 5-year period. While 2025 is set for a 32.41% return in earnings, projections for the next 5 years are at 22.74% annually.
FCEL Dividends
Fuelcell Energy Inc has its next earnings report out in March. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.
Fuelcell Energy Inc (NASDAQ:FCEL)’s Major holders
Fuelcell Energy Inc insiders hold 0.36% of total outstanding shares, with institutional holders owning 31.39% of the shares at 31.50% float percentage. In total, 31.39% institutions holds shares in the company, led by BLACKROCK INC.. As of 2024-06-30, the company held over 34.36 million shares (or 7.5859% of shares), all amounting to roughly $21.95 million.
The next major institution holding the largest number of shares is VANGUARD GROUP INC with 33.26 million shares, or about 7.3421% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $21.25 million.
We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Fuelcell Energy Inc (FCEL) shares. Going by data provided on Nov 30, 2024 , iShares Russell 2000 ETF holds roughly 474.03 shares. This is just over 2.32% of the total shares, with a market valuation of $3.49 million. Data from the same date shows that the other fund manager holds a little less at 453.87, or 2.22% of the shares, all valued at about 3.35 million.
