On Tuesday, December 20, Jefferies Financial Group issued a report in which they included their EPS forecasts for the fiscal year 2026 for shares of FuelCell Energy, Inc. (NASDAQ: FCEL). According to projections made by S. Burwell of Jefferies Financial Group, each share of the energy company’s common stock is expected to generate a profit of $0.05 in 2018. The company is currently rated as having a “hold” status by Jefferies Financial Group, which has also established a price objective of $3.00 for the company’s stock. FuelCell Energy’s current earnings forecast for the entire year is $0.24 per share, which is based on historical data.
On Thursday morning, the stock price of NASDAQ: FCEL was $2.70 when trading got underway. The debt-to-equity ratio comes in at 0.12, the quick ratio comes in at 6.20, the current ratio comes in at 7.20, and the quick ratio comes in at 7.20. FuelCell Energy’s share price hit a low of $2.62 during the 52 weeks but reached a high of $7.33 during the same period. The company’s simple moving average price over the past 50 days is $3.28, and the company’s simple moving average price over the last 200 days is $3.66.
About FCEL, a substantial number of additional research papers have been written. In a research note distributed on Wednesday, B. Riley announced that they had lowered the “neutral” rating assigned to FuelCell Energy shares and that they had reduced their $5.00 price objective on the stock to $4.00. Both of these changes were made. UBS Group published a research note on Tuesday, December 13, announcing that it would begin covering shares of FuelCell Energy. The announcement was made public. They have a “neutral” rating for the company, and their price objective for the stock is $3.85 per share. Seven analysts have agreed that the stock should be held in one’s portfolio. According to the data that can be found on Bloomberg.com, the average price target for the stock is set at $4.26, and the general public has provided a recommendation of “Hold” regarding the stock.
Recently, a number of hedge funds and other types of institutional investors have been buying and selling company shares. Other types of institutional investors have also been involved in this activity. During the third quarter of this year, MQS Management LLC invested in FuelCell Energy $126,000. The Bank of New York Mellon Corporation increased the proportion of FuelCell Energy owned by 13.4% during the third quarter. The Bank of New York Mellon Corp. now has 1,358,982 shares of the energy company’s stock, worth $4,634,000, after purchasing an additional 160,314 shares during the most recent quarter. This brings the total value of the Bank of New York Mellon Corp.’s holdings to $4,634,000. BNP Paribas Arbitrage SNC increased its holdings in FuelCell Energy to 100% by purchasing an additional 52.7% of the company during the third quarter as part of its ongoing acquisition strategy.
Following the purchase of an additional 99,149 shares during the most recent quarter, BNP Paribas Arbitrage SNC now owns a total of 287,251 shares of the energy company’s stock, which have a combined value of $980,000. This brings the total number of shares directly owned by the firm to 287,251. During the third quarter, State Street Corporation accomplished an increase of 2.6% in the proportion of FuelCell Energy stock that it owned. State Street Corp. now has 10,859,149 shares of the energy company’s stock, which are currently valued at $37,030,000 after purchasing an additional 270,274 shares during the most recent quarter. This brings the total number of shares owned by State Street Corp. to 10,859,149. During the third quarter, Vanguard Group Inc. increased the amount of FuelCell Energy stock owned by 5.9%, making this the last and most important point. Vanguard Group Inc. now owns 1,902,915 more shares of the energy company’s stock than it did previously, for 34,242,401 shares worth $116,766,000. This brings the total number of shares owned by the company to 34,242,401, which brings the total value of the company’s stock holdings to $116,766,000. There are currently 42.83% of the company’s shares held by institutional investors such as hedge funds and other institutional investors.
FuelCell Energy, Inc. and its affiliates develop, manufacture, and sell stationary fuel cell power plants to generate distributed baseload electricity. In addition, they install, operate, and provide maintenance for these plants. The SureSource1500 platform has a capacity of 1.4 megawatts, the SureSource3000 platform has a capacity of 2.8 megawatts, the SureSource4000 platform has a capacity of 3.7 megawatts, the SureSource250 platform has a capacity of 250 kilowatts, the SureSource400 platform has a capacity of 400 kilowatts, and the SureSource Hydrogen platform has a capacity of 2.3 megawatts. It is designed to produce up to 1 million kilowatts.
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