Shares of FuelCell Energy, Inc. (NASDAQ:FCEL) recorded -5.11% loss during trading session on March 19th, 2019. The script traded as low as $0.322 and last traded at $0.34. 4.06 million shares changed exchanged hands during trading, a drop of -37.66% from the 30-day average session volume of 2.95M shares. The firm had previously closed at $0.35. The company has $130.58M outstanding shares, price-to-earnings-growth ratio of 0.64 and a beta of 1.42. The company has a RSI of 32.70, ATR of 0.06 and a volatility of 10.20% this week. FCEL has a 52 week low price of $0.35 and a 52 week high price of $2.11.
Investors have identified the tech company FuelCell Energy, Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 43.87M, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
FuelCell Energy, Inc. (FCEL) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For FCEL, the company has in raw cash 33.35 million on their books with 11.05 million currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on a decline. In terms of their assets, the company currently has 0 total, with 0 as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
FCEL were able to record 26.18 million as free cash flow during the recently reported quarter of the year, this saw their quarterly net cash flow reduce by 12.03 million. In cash movements, the company had a total of 11.96 million as operating cash flow.
Potential earnings growth for FuelCell Energy, Inc. (FCEL)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, FuelCell Energy, Inc. recorded a total of 17.78 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -1.17% coming in sequential stages and their sales for the third quarter reducing by -0.01%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 19.99 million trying to sell their products during the last quarter, with the result yielding a gross income of 2.21 million. This allows shareholders to hold on to 130.58M with the revenue now reading -180 cents per share. This is a figure that is close to analyst’s prediction for their fourth quarter (-0.18 cents a share).
Is the stock of FCEL attractive?
Having a look at the company’s valuation, the company is expected to record -0.59 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on FCEL sounds very interesting.
In related news, Director ROLLS JOHN A bought 100,000 shares of the company’s stock in a transaction that recorded on November 20th, 2019. The purchase was performed at an average price of 0.75, for a total value of 75,200. As the purchase deal closes, the Director ROLLS JOHN A now sold 100,000 shares of the company’s stock, valued at 71,060. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.30%.
1 out of 4 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on FuelCell Energy, Inc. stock. 0 analysts has assigned a Sell rating on the FCEL stock. The 12-month mean consensus price target for the company’s shares has been set at $1.43.