FY2026 EPS Estimates for Fuel Tech Lowered by HC Wainwright

Fuel Tech, Inc. (NASDAQ:FTEK) – Equities research analysts at HC Wainwright lowered their FY2026 EPS estimates for Fuel Tech in a report released on Thursday, March 5th. HC Wainwright analyst A. Dayal now anticipates that the industrial products company will earn ($0.07) per share for the year, down from their previous forecast of $0.01. The consensus estimate for Fuel Tech’s current full-year earnings is ($0.03) per share. HC Wainwright also issued estimates for Fuel Tech’s FY2027 earnings at ($0.05) EPS, FY2028 earnings at $0.00 EPS and FY2029 earnings at $0.04 EPS.

Fuel Tech (NASDAQ:FTEK) last issued its quarterly earnings data on Tuesday, March 3rd. The industrial products company reported ($0.04) earnings per share for the quarter, missing the consensus estimate of ($0.03) by ($0.01). Fuel Tech had a negative return on equity of 5.70% and a negative net margin of 8.71%.The company had revenue of $7.25 million for the quarter, compared to analysts’ expectations of $7.47 million.

A number of other equities research analysts have also recently weighed in on FTEK. Weiss Ratings reissued a “sell (d-)” rating on shares of Fuel Tech in a research report on Wednesday, January 28th. Wall Street Zen lowered Fuel Tech from a “buy” rating to a “hold” rating in a report on Saturday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, Fuel Tech presently has a consensus rating of “Sell”.

Fuel Tech Price Performance

NASDAQ FTEK opened at $1.23 on Monday. The firm’s fifty day moving average price is $1.45 and its 200 day moving average price is $2.12. The company has a market capitalization of $37.77 million, a price-to-earnings ratio of -17.57 and a beta of 1.05. Fuel Tech has a 12 month low of $0.91 and a 12 month high of $3.65.

Hedge Funds Weigh In On Fuel Tech

Hedge funds have recently modified their holdings of the business. Renaissance Technologies LLC increased its holdings in shares of Fuel Tech by 27.7% in the 4th quarter. Renaissance Technologies LLC now owns 1,147,995 shares of the industrial products company’s stock valued at $1,791,000 after acquiring an additional 249,089 shares during the period. Vanguard Group Inc. boosted its stake in Fuel Tech by 7.7% during the 3rd quarter. Vanguard Group Inc. now owns 1,013,864 shares of the industrial products company’s stock worth $3,042,000 after purchasing an additional 72,895 shares during the period. Beartown Capital Management LLC acquired a new stake in Fuel Tech during the 4th quarter worth $250,000. State Street Corp grew its position in Fuel Tech by 7.1% during the 4th quarter. State Street Corp now owns 121,846 shares of the industrial products company’s stock worth $190,000 after purchasing an additional 8,100 shares during the last quarter. Finally, Boothbay Fund Management LLC purchased a new position in Fuel Tech during the 3rd quarter worth $124,000. 20.94% of the stock is currently owned by hedge funds and other institutional investors.

Fuel Tech Company Profile

Fuel Tech, Inc (NASDAQ: FTEK) is a specialty technology and engineering company focused on developing and supplying clean air solutions for the power generation and industrial markets. The company designs, manufactures and markets proprietary chemical reagents and process control systems that help customers reduce emissions of nitrogen oxides (NOx), mercury and other air pollutants. Its technology platform combines advanced process modeling, plant optimization software and field testing services to help utilities and industrial facilities comply with environmental regulations and improve operational efficiency.

Fuel Tech’s core product lines include selective catalytic reduction (SCR) optimization systems, activated carbon injection solutions for mercury capture, and sorbent enhancement additives for flue gas desulfurization processes.