Analysis analysts at Northcoast Analysis started protection on shares of FuelCell Power (NASDAQ:FCEL) in a word issued to buyers on Tuesday, The Fly studies. The brokerage set a “impartial” score on the power firm’s inventory.
Different analysis analysts have additionally issued studies in regards to the inventory. Canaccord Genuity boosted their worth goal on shares of FuelCell Power from $8.50 to $15.00 and gave the inventory a “maintain” score in a analysis word on Friday, January twenty second. They famous that the transfer was a valuation name. Jefferies Monetary Group assumed protection on shares of FuelCell Power in a analysis word on Thursday, January seventh. They set a “maintain” score on the inventory. JPMorgan Chase & Co. decreased their worth goal on shares of FuelCell Power from $10.00 to $9.00 and set an “underweight” score on the inventory in a analysis word on Friday, March fifth. Lastly, Zacks Investment Research lowered shares of FuelCell Power from a “maintain” score to a “promote” score in a analysis word on Friday, March nineteenth. Three funding analysts have rated the inventory with a promote score and 4 have issued a maintain score to the corporate. FuelCell Power has a mean score of “Maintain” and a mean goal worth of $11.38.
FuelCell Energy stock opened at $12.36 on Tuesday. The agency has a market capitalization of $3.99 billion, a PE ratio of -21.68 and a beta of 5.33. The corporate’s 50-day transferring common is $18.10 and its 200-day transferring common is $10.65. FuelCell Power has a fifty-two week low of $1.26 and a fifty-two week excessive of $29.44. The corporate has a debt-to-equity ratio of 1.74, a present ratio of two.69 and a fast ratio of 1.74.
FuelCell Power (NASDAQ:FCEL) final launched its quarterly earnings information on Monday, March fifteenth. The power firm reported ($0.15) earnings per share for the quarter, lacking the consensus estimate of ($0.04) by ($0.11). FuelCell Power had a destructive return on fairness of 74.92% and a destructive internet margin of 162.42%. Throughout the identical quarter final yr, the enterprise earned ($0.20) EPS. As a gaggle, analysts count on that FuelCell Power will publish -0.25 EPS for the present yr.
In different FuelCell Power information, CEO Jason Few acquired 11,000 shares of the enterprise’s inventory in a transaction on Monday, January twenty fifth. The inventory was bought at a mean worth of $17.99 per share, with a complete worth of $197,890.00. Following the acquisition, the chief government officer now immediately owns 22,134 shares of the corporate’s inventory, valued at roughly $398,190.66. The transaction was disclosed in a doc filed with the SEC, which is on the market via this hyperlink. Additionally, CAO Jennifer D. Arasimowicz offered 2,000 shares of the enterprise’s inventory in a transaction dated Tuesday, March 2nd. The shares had been offered at a mean worth of $18.69, for a complete transaction of $37,380.00. Following the completion of the sale, the chief accounting officer now immediately owns 13,309 shares of the corporate’s inventory, valued at roughly $248,745.21. The disclosure for this sale may be discovered here. 0.07% of the inventory is at the moment owned by company insiders.
Numerous hedge funds and different institutional buyers have not too long ago purchased and offered shares of the enterprise. BlackRock Inc. boosted its holdings in FuelCell Power by 50.7% within the 4th quarter. BlackRock Inc. now owns 21,193,130 shares of the power firm’s inventory valued at $236,728,000 after buying an extra 7,133,237 shares throughout the interval. Morgan Stanley boosted its holdings in FuelCell Power by 1,095.6% within the third quarter. Morgan Stanley now owns 3,329,928 shares of the power firm’s inventory valued at $7,125,000 after buying an extra 3,051,403 shares throughout the interval. Northern Belief Corp boosted its holdings in FuelCell Power by 37.9% within the 4th quarter. Northern Belief Corp now owns 3,279,562 shares of the power firm’s inventory valued at $36,633,000 after buying an extra 901,124 shares throughout the interval. Citigroup Inc. boosted its holdings in FuelCell Power by 572.4% within the 4th quarter. Citigroup Inc. now owns 2,606,939 shares of the power firm’s inventory valued at $29,120,000 after buying an extra 2,219,260 shares throughout the interval. Lastly, First Belief Advisors LP boosted its holdings in FuelCell Power by 195.7% within the 4th quarter. First Belief Advisors LP now owns 2,230,117 shares of the power firm’s inventory valued at $24,910,000 after buying an extra 1,476,031 shares throughout the interval. 33.69% of the inventory is owned by hedge funds and different institutional buyers.
FuelCell Power Firm Profile
FuelCell Power, Inc, along with its subsidiaries, designs, manufactures, sells, installs, operates, and companies stationary gasoline cell energy crops for distributed baseload energy era. The corporate presents SureSource product line based mostly on carbonate gasoline cell know-how in numerous configurations, together with on-site energy, utility grid assist, distributed hydrogen, and carbon utilization, in addition to micro-grid and multi-megawatt functions; and SureSource Restoration energy crops for pure gasoline pipeline functions.
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