FuelCell Energy Inc. (FCEL) Scheduled to Post Quarterly Earnings on Wednesday
FuelCell Energy Inc. (NASDAQ:FCEL) will be releasing its earnings data after the market closes on Wednesday, September 7th. Analysts expect FuelCell Energy to post earnings of ($0.39) per share for the quarter.
FuelCell Energy (NASDAQ:FCEL) last posted its earnings results on Wednesday, June 8th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.40) by $0.16. During the same period in the prior year, the business earned ($0.48) earnings per share. On average, analysts expect FuelCell Energy to post $-1.67 EPS for the current fiscal year and $-0.84 EPS for the next fiscal year.
Shares of FuelCell Energy Inc. (NASDAQ:FCEL) opened at 5.28 on Tuesday. FuelCell Energy Inc. has a 1-year low of $4.51 and a 1-year high of $12.24. The firm’s 50-day moving average price is $5.30 and its 200 day moving average price is $6.04. The firm’s market cap is $165.72 million.
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FCEL has been the topic of several recent analyst reports. FBR & Co reiterated an “outperform” rating and set a $9.00 target price on shares of FuelCell Energy in a research report on Monday, August 29th. Zacks Investment Research upgraded FuelCell Energy from a “sell” rating to a “buy” rating and set a $6.00 target price on the stock in a research report on Wednesday, August 10th. Finally, Roth Capital reiterated a “buy” rating and set a $12.00 target price on shares of FuelCell Energy in a research report on Monday, May 16th. Seven analysts have rated the stock with a buy rating, FuelCell Energy presently has an average rating of “Buy” and a consensus price target of $12.94.
FuelCell Energy, Inc is an integrated fuel cell company. The Company designs, manufactures, sells, installs, operates and services stationary fuel cell power plants for distributed power generation. The Company’s segment is fuel cell power plant production and research. The Company’s power plants provide on-site power and utility grid support.
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