FuelCell Energy, Inc. (NASDAQ:FCEL) has received a consensus recommendation of “Buy” from the seven analysts that are covering the company. Two research analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $9.67.

A number of research analysts recently weighed in on FCEL shares. Zacks Investment Research raised FuelCell Energy from a “sell” rating to a “hold” rating in a research report on Thursday, November 24th. Roth Capital lowered FuelCell Energy from a “buy” rating to a “hold” rating and reduced their price objective for the company from $7.50 to $4.00 in a research report on Tuesday, October 25th. Finally, FBR & Co reduced their price objective on FuelCell Energy from $3.00 to $2.50 and set a “mkt perform” rating for the company in a research report on Friday, December 2nd.

A number of hedge funds have recently modified their holdings of the stock. First Trust Advisors LP increased its stake in shares of FuelCell Energy by 0.9% in the second quarter. First Trust Advisors LP now owns 28,480 shares of the company’s stock valued at $177,000 after buying an additional 262 shares in the last quarter. California State Teachers Retirement System increased its stake in shares of FuelCell Energy by 1.7% in the second quarter. California State Teachers Retirement System now owns 52,049 shares of the company’s stock valued at $324,000 after buying an additional 867 shares in the last quarter. Brown Advisory Inc. increased its stake in shares of FuelCell Energy by 2.9% in the second quarter. Brown Advisory Inc. now owns 82,176 shares of the company’s stock valued at $511,000 after buying an additional 2,308 shares in the last quarter. Rhumbline Advisers increased its stake in shares of FuelCell Energy by 12.0% in the third quarter. Rhumbline Advisers now owns 32,749 shares of the company’s stock valued at $177,000 after buying an additional 3,510 shares in the last quarter. Finally, Teachers Advisors Inc. increased its stake in shares of FuelCell Energy by 14.7% in the second quarter. Teachers Advisors Inc. now owns 34,875 shares of the company’s stock valued at $217,000 after buying an additional 4,458 shares in the last quarter. Institutional investors and hedge funds own 22.93% of the company’s stock.

FuelCell Energy (NASDAQ:FCEL) opened at 1.90 on Wednesday. FuelCell Energy has a 12 month low of $1.60 and a 12 month high of $8.88. The company has a 50-day moving average of $2.17 and a 200-day moving average of $4.30. The company’s market cap is $63.73 million.

FuelCell Energy (NASDAQ:FCEL) last posted its quarterly earnings data on Thursday, January 12th. The company reported ($0.41) earnings per share for the quarter, missing the Zacks’ consensus estimate of ($0.37) by $0.04. FuelCell Energy had a negative net margin of 34.72% and a negative return on equity of 45.82%. The company had revenue of $24.50 million for the quarter. During the same period in the previous year, the business posted ($0.38) earnings per share. The firm’s quarterly revenue was down 52.4% compared to the same quarter last year. Analysts predict that FuelCell Energy will post ($1.17) EPS for the current year.

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FuelCell Energy Company Profile

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.

5 Day Chart for NASDAQ:FCEL

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