Fuel Tech stock: buy or sell?

FTEK stock price: $1.32 -7.04% At close on July 15th, 2019

Updated on:
July 15th, 2019

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Fuel Tech closed today at $1.32 and plummed a dreadful -7.04%.

Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide.

Should I buy Fuel Tech stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Following a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

None of our preferred buy setups matches with Fuel Tech stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean FTEK will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Fuel Tech stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we collected 2 ratings published for FTEK stock in the last 30 days.

Is FTEK a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-3-18HC Wainwrightn/aBuy
2019-1-18HC Wainwrightn/aBuy

Fuel Tech stock analysis

Daily outlook

Shares of Fuel Tech closed today at $1.32 and plummed a dreadful -7.04%.

Shares of Fuel Tech closed today at $1.32 and plummed a dreadful -7.04%. Since price and SMA200d lines crossed down on June/13, FTEK fell $-0.22 per share (-14.29%).

FTEK stock chart (daily)

Weekly outlook

Fuel Tech shares collapsed -7.04% this week, ending at $1.32. Late June FTEK climbed a dazzling 6.43% in just one week.

Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $3.06 resistance. Since early December 2018 when SMA20w and SMA40w crossed up, FTEK price gained $0.11 per share (9.09%).

FTEK stock chart (weekly)

Fuel Tech stock price history

Fuel Tech IPO was on September 7th, 1993 at $7.75 per share1. Since then, FTEK stock lost a -83.00%, with a yearly average of -3.30%.

1: Adjusted price after possible price splits or reverse-splits.

Fuel Tech stock historical price chart

FTEK stock reached 52-week highs on April at $3.06, and all-time highs 2007-06-21 with a price of 38.2.

Fuel Tech stock price target is $2.00

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we found 2 price targets for Fuel Tech stock:
FTEK stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-3-18HC WainwrightReiteratesn/a$2.00-
2019-1-18HC WainwrightReiteratesn/a$2.00-
(in average)$0.00$2.000.0%
The price target for Fuel Tech stock is $2.00, moving in a range between $2.00 and $2.00. In average, analysts' outlook on FTEK price forecast is stable from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on March, Fuel Tech stayed steady a neutral 0.76%. Unfortunately, reported EPS is not yet available in our database.
FTEK earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.1n/a
2017-Q2-n/a-0.15n/a
2017-Q3-n/a-0.01n/a
2017-Q42018-03-12n/a0.02n/a
2018-Q12018-05-09n/a-0.01n/a
2018-Q22018-08-13n/a-0.07n/a
2018-Q32018-11-12n/a0.04n/a
2018-Q42019-03-14n/a0.04n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

In 2018, Fuel Tech annual turnover rocketed an astounding 25.17% to $56.54 million dollars from $45.17 marked in 2017. When comparing 2018 vs 2017, aligned with this, profit margin (that is, the net income divided by revenues) climbed a 23.09% to -0.05%.

FTEK annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$109 M-$5.10 M4.7%-
2014$79 M-27.73%$-17.73 M-22.4%-447.55%
2015$74 M-6.77%$-12.38 M-16.8%-30.16%
2016$55 M-25.12%$-17.39 M-31.5%40.45%
2017$45 M-18.12%$-10.45 M-23.1%-39.91%
2018$57 M25.17%$-0.03 M-0.0%-99.73%

Quarterly financial results

Fuel Tech posted $15.83 million in sales for 2018-Q4, a -1.51% decline compared to previous quarter. Reported quarter income marked $0.90 M with a profit margin of 5.66%. Profit margin remained steady a -0.84% compared to previous quarter when profit margin was 6.50%. When comparing turnover to same quarter last year, Fuel Tech sales marked a super good growth and boosted a 18.24%.
FTEK quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$8 M-$-2.51 M-29.6%-
2017-Q2$10 M14.72%$-5.59 M-57.4%122.71%
2017-Q3$14 M39.10%$-0.42 M-3.1%-92.54%
2017-Q4$13 M-1.20%$-1.21 M-9.0%189.21%
2018-Q1$13 M-4.44%$-0.22 M-1.7%-82.09%
2018-Q2$12 M-7.38%$-1.75 M-14.8%711.57%
2018-Q3$16 M35.65%$1.05 M6.5%-159.61%
2018-Q4$16 M-1.51%$0.90 M5.7%-14.26%

Fuel Tech ownership

When you are planning to buy a stock, it's worth to check its ownership structure.

Fuel Tech shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 28.15% of all shares.

In case of Fuel Tech stock, 23.36% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for FTEK stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related companies:

FTEKCECEDCIENTG
Market cap$31.9 M$327.0 M$6.2 B$5.0 B
Total shares24.2 M35.1 M127.5 M136.0 M
Float shares16.8 M25.4 M127.1 M126.4 M
  - Institutional holdings (%)23.4%67.7%82.1%107.2%
  - Insider holdings (%)28.1%13.5%0.4%0.8%
Shares in short selling0.0%0.0%0.0%0.0%

Fuel Tech summary

Monday, July 15th, 2019
Open$1.42
Close$1.32
Day range$1.32 - $1.43
Previous close$1.42
Session gain-7.04%
Average true range$0.08
50d mov avg$1.62
100d mov avg$1.76
200d mov avg$1.51
Daily pattern
Weekly pattern lb02a

Fuel Tech performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Fuel Tech, the comparison is made against CECO Environmental, Donaldson and Entegris.
Stock3m6m12m
FTEKFuel Tech-45.90%10.00%36.08%
CECECECO Environmenta...22.92%27.81%40.09%
DCIDonaldson-9.04%1.27%6.69%
ENTGEntegris-9.74%22.29%-2.50%

Fuel Tech competitors

We selected a few stocks to conform a list of Fuel Tech competitors to review if you are interested in investing in FTEK: