Fuel Tech Inc (FTEK) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 57089.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.11 million shares. During the session, the Pollution & Treatment Controls company that operates in wider Industrials sector, reached to the highest price of $1.1 whereas the lowest price it dropped to was $1.06. The 52-week range on FTEK shows that it touched its highest point at $1.34 and its lowest point at $0.91 during that stretch. It currently has a 1-year price target of $4.00. Beta for the stock currently stands at 4.10.

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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 FTEK was up-trending over the past week, with a rise of 0.95%, but this was up by 2.91% over a month. Three-month performance surged to 3.92% while six-month performance fell -4.50%. A look at the trailing 12-month EPS for FTEK yields -0.02 with Next year EPS estimates of -0.05. For the next quarter, that number is -0.03. This implies an EPS growth rate of 40.00% for this year and -66.67% for next year. EPS is expected to grow by 12.10% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -111.43%.

Float and Shares Shorts:

At present, 30.39 million FTEK shares are outstanding with a float of 23.63 million shares on hand for trading. On 2024-11-15, short shares totaled 97478.0, which was 32.0 higher than short shares on 1728950400. In addition to Mr. Vincent J. Arnone as the firm’s Chairman, CEO & President, Ms. Ellen T. Albrecht serves as its VP, CFO & Treasurer.

Institutional Ownership:

Through their ownership of 0.21008 of FTEK’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, FTEK reported revenue of $7851000.0 and operating income of -$179000.0. The EBITDA in the recently reported quarter was $179000.0 and diluted EPS was $0.002593.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FTEK since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 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. With FTEK analysts setting a high price target of 4.0 and a low target of 4.0, the average target price over the next 12 months is 4.0. Based on these targets, FTEK could surge 277.36% to reach the target high and rise by 277.36% to reach the target low. Reaching the average price target will result in a growth of 277.36% from current levels.

Analysts have provided yearly estimates in a range of -$0.03 being high and -$0.03 being low. For FTEK, this leads to a yearly average estimate of -$0.03. The surprise factor in the prior quarter was -$0.02. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.