Earnings and Growth Analysis : FuelCell Energy (NASDAQ:FCEL)

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Earnings results for FuelCell Energy (NASDAQ:FCEL)

FuelCell Energy, Inc. is expected* to report earnings on 09/10/2020 before market open. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 2 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.06. The reported EPS for the same quarter last year was $-0.18.

FuelCell Energy last announced its quarterly earnings data on June 12th, 2020. The energy company reported ($0.07) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by $0.01. The firm earned $18.88 million during the quarter, compared to analyst estimates of $12.90 million. FuelCell Energy has generated ($1.30) earnings per share over the last year. FuelCell Energy has confirmed that its next quarterly earnings report will be published on Thursday, September 10th, 2020.

Analyst Opinion on FuelCell Energy (NASDAQ:FCEL)

2 Wall Street analysts have issued ratings and price targets for FuelCell Energy in the last 12 months. Their average twelve-month price target is $1.50, predicting that the stock has a possible downside of 42.97%. The high price target for FCEL is $1.50 and the low price target for FCEL is $1.50. There are currently 1 sell rating and 1 hold rating for the stock, resulting in a consensus rating of “Hold.”

FuelCell Energy has received a consensus rating of Hold. The company’s average rating score is 1.50, and is based on no buy ratings, 1 hold rating, and 1 sell rating. According to analysts’ consensus price target of $1.50, FuelCell Energy has a forecasted downside of 43.0% from its current price of $2.63. FuelCell Energy has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: FuelCell Energy (NASDAQ:FCEL)

FuelCell Energy does not currently pay a dividend. FuelCell Energy does not have a long track record of dividend growth.

Insiders buying/selling: FuelCell Energy (NASDAQ:FCEL)

In the past three months, FuelCell Energy insiders have not sold or bought any company stock. Only 0.07% of the stock of FuelCell Energy is held by insiders. Only 25.30% of the stock of FuelCell Energy is held by institutions.

Earnings and Valuation of FuelCell Energy (NASDAQ:FCEL

Earnings for FuelCell Energy are expected to decrease in the coming year, from ($0.22) to ($0.24) per share. The P/E ratio of FuelCell Energy is -3.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of FuelCell Energy is -3.87, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. FuelCell Energy has a P/B Ratio of 6.74. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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