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FuelCell Energy (NASDAQ:FCEL) is set to issue its Q214 quarterly earnings data on Tuesday, June 3rd. Analysts expect the company to announce earnings of ($0.04) per share and revenue of $44.73 million for the quarter.

FuelCell Energy (NASDAQ:FCEL) last posted its quarterly earnings results on Monday, March 10th. The company reported ($0.06) earnings per share for the quarter, missing the analysts’ consensus estimate of ($0.04) by $0.02. The company had revenue of $44.40 million for the quarter, compared to the consensus estimate of $43.44 million. During the same quarter last year, the company posted ($0.07) earnings per share. FuelCell Energy’s revenue was up 22.2% compared to the same quarter last year. On average, analysts expect FuelCell Energy to post $-0.13 EPS for the current fiscal year and $-0.05 EPS for the next fiscal year.

FuelCell Energy (NASDAQ:FCEL) opened at 2.34 on Monday. FuelCell Energy has a 52 week low of $1.10 and a 52 week high of $4.74. The stock’s 50-day moving average is $2.23 and its 200-day moving average is $1.95. The company’s market cap is $594.2 million. FuelCell Energy also was the recipient of a significant decrease in short interest in the month of May. As of May 15th, there was short interest totalling 35,481,869 shares, a decrease of 3.4% from the April 30th total of 36,723,526 shares. Based on an average daily trading volume, of 5,658,803 shares, the days-to-cover ratio is presently 6.3 days. Currently, 16.2% of the company’s shares are short sold.

Several analysts have recently commented on the stock. Analysts at Stifel Nicolaus initiated coverage on shares of FuelCell Energy in a research note on Wednesday, May 28th. They set a “buy” rating and a $2.90 price target on the stock. On a related note, analysts at Ardour Capital downgraded shares of FuelCell Energy from a “buy” rating to a “hold” rating in a research note on Wednesday, March 12th. Four research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $2.43.

FuelCell Energy, Inc (NASDAQ:FCEL) is a integrated fuel cell company.

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