FuelCell (FCEL, $5.54) shares downgraded by J.P. Morgan analyst
FuelCell Energy got a rating downgrade from J.P. Morgan analyst Paul Coster .
Coster lowered his rating on the fuel cell power-plant maker's shares to neutral from overweight, on valuation concern.
"The stock is up about 135% over the last month (S&P 500 up 3.4%), buoyed initially by a wave of regional 'climate ambition' initiatives associated with hydrogen and fuel cells, but also owing to a rerating of the alternative energy stocks on the back of the Biden election victory,” Coster wrote in a commentary. But Coster also said “the more dramatic move over the last three days seems to be taking place in absence of new news,".
According to the analyst, FuelCell seems to be moving towards profitability in 2022, and its fundamentals look good. However, the share price exceeded Coster estimate of a fair-value.
FCEL's Stochastic Oscillator sits in overbought zone for 2 days
Expect a price pull-back in the near future.
Technical Analysis (Indicators)
Bearish Trend Analysis
Following a 3-day decline, the stock is projected to fall further. Considering past instances where FCEL declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
FCEL broke above its upper Bollinger Band on January 06, 2025. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on January 03, 2025. You may want to consider a long position or call options on FCEL as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for FCEL just turned positive on January 06, 2025. Looking at past instances where FCEL's MACD turned positive, the stock continued to rise in of 45 cases over the following month. The odds of a continued upward trend are .
FCEL moved above its 50-day moving average on January 02, 2025 date and that indicates a change from a downward trend to an upward trend.
Following a +1 3-day Advance, the price is estimated to grow further. Considering data from situations where FCEL advanced for three days, in of 248 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 141 cases where FCEL Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (0.817) is normal, around the industry mean (4.050). P/E Ratio (0.000) is within average values for comparable stocks, (40.807). FCEL's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (1.638). Dividend Yield (0.000) settles around the average of (0.096) among similar stocks. P/S Ratio (5.023) is also within normal values, averaging (134.192).
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. FCEL’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. FCEL’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock worse than average.
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General Information
a manufacturer of installs and services fuel cell power plants for distributed power generation
Industry ElectricalProducts