With 1.03 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.11 million shares. The 52-week range on FCEL shows that it touched its highest point at $37.20 and its lowest point at $5.12 during that stretch. It currently has a 1-year price target of $9.23. Beta for the stock currently stands at 3.79.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FCEL was up-trending over the past week, with a rise of 11.56%, but this was down by -10.99% over a month. Three-month performance dropped to -38.92% while six-month performance fell -49.98%. The stock lost -80.30% in the past year, while it has lost -27.43% so far this year. A look at the trailing 12-month EPS for FCEL yields -7.76 with Next year EPS estimates of -4.75. For the next quarter, that number is -1.43. This implies an EPS growth rate of 29.94% for this year and 13.44% for next year. EPS is expected to grow by 25.66% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 32.19%.
Float and Shares Shorts:
At present, 21.14 million FCEL shares are outstanding with a float of 21.07 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FCEL since 8 analysts follow the stock currently. There are 0 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$7.16643 being high and -$7.79998 being low. For FCEL, this leads to a yearly average estimate of -$7.47801. Based on analyst estimates, the high estimate for the next quarter is -$1.14 and the low estimate is -$1.86. The average estimate for the next quarter is thus -$1.5.