FuelCell Energy - going green Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : FuelCell Energy - going green

FCEL 8.950

+15.8%

Oct 31 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: The Ox	3/11/2014 9:21:01 AM
	Read Replies (2) of 211

Cowen and Company maintains its Ouperform rating and $2 price target on FuelCell (Nasdaq: FCEL) following the company's Q4 results issued Monday night. The firm noted that its price target would be under review following the company's quarterly call. Analyst Robert Stone made a few brief observations following FuelCell's results: Q1:F14 sales were 2% above consensus. Net loss was 16% wider on lower GM and higher expenses; in-line (4c) per share reflects higher shares. Backlog declined Q/Q, but multiple MW of orders have been negotiated and await final customer or regulatory approval. On group valuations, Stone commented, Fuel cell and hydrogen-related companies (Ballard Power (Nasdaq: BLDP), FCEL, Hydrogenics (Nasdaq: HYGS), and Plug Power (Nasdaq: PLUG)) are trading from 3.5-9.7x EV/2015E sales, and Capstone Turbine (Nasdaq: CPST) is 2.9x ... We believe a common element for the group is that they represent emerging technologies, which, after many years of development, are transitioning toward profitability.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next