Fuel Tech stock: buy or sell?

FTEK stock price: $1.50 -0.66% At close on May 21st, 2019

Updated on:
May 21st, 2019

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After sliding a spooky -5.96% yesterday, Fuel Tech closed today at $1.50 and depreciated an ugly -0.66%. On Thursday FTEK skyrocketed an exceptional 5.06%.

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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

Currently, Fuel Tech stock doesn't match any of these trading strategies, so our recommendation is not to buy.

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 fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Fuel Tech stock a buy?

Banks and financial institutions publish stock ratings everyday. At Stocks2.com, we detected 2 ratings published for FTEK stock in the last month.

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

After sliding a spooky -5.96% yesterday, Fuel Tech closed today at $1.50 and depreciated an ugly -0.66%.

After sliding a spooky -5.96% yesterday, Fuel Tech closed today at $1.50 and depreciated an ugly -0.66%. Since last February when FTEK stock price broke up the SMA200d line, it gained $0.32 (27.12%). FTEK marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $2.72 would break this short term down trend and open possibilities for reversing this situation. On March, SMA50d and SMA100d crossed up triggering a rise of 14.50%.

FTEK stock chart (daily)

Weekly outlook

Fuel Tech shares plunged -6.25% this week, ending at $1.50. Early May FTEK climbed an outstanding 6.15% in just one week.

Fuel Tech is now in fresh lows to find new supports after falling under the support. Trading stocks that are below the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Since SMA20d and SMA40w crossed up early December, FTEK price climbed $0.29 per share (23.97%).

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 sliced a -80.60%, with a yearly average of -3.20%.

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

Fuel Tech stock historical price chart

FTEK stock reached 52-week highs on April/9 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, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we found 2 price predictions for FTEK 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 prediction 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

Since last March, when Fuel Tech presented its last earnings report, it climbed a great 14.50%. As soon as we get its posted EPS from the earnings report, we will extend this report.
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

Compared to 2017, last anual sales report draw a dazzling gain of 25.17% to $56.54 million USD. When comparing 2018 vs 2017, in line, 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 M in revenues for 2018-Q4, a -1.51% decline compared to previous quarter. Reported quarter earnings marked $0.90 million with a profit margin of 5.66%. Profit margin stayed steady a -0.84% compared to previous quarter when profit margin was 6.50%. When comparing sales to same quarter last year, Fuel Tech sales marked a super good increase and rocketed 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 company, it's worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Fuel Tech, 28.15% of all outstanding shares are owned by its staff.

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 following table shows ownership data compared to other related companies:

FTEKCECEDCIENTG
Market cap$36.3 M$327.7 M$6.4 B$4.9 B
Total shares24.2 M35.1 M127.7 M135.5 M
Float shares17.0 M25.6 M127.2 M126.2 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

Tuesday, May 21st, 2019
Open$1.52
Close$1.50
Day range$1.47 - $1.57
Previous close$1.51
Session gain-0.66%
Average true range$0.24
50d mov avg$2.10
100d mov avg$1.67
200d mov avg$1.45
Daily patternlb06a
Weekly pattern lt01c

Fuel Tech performance

To measure stock performance is always good to benchmark with competitors or related stocks. In the following table, we compare Fuel Tech performance to CECO Environmental, Donaldson and Entegris:
Stock3m6m12m
FTEKFuel Tech18.11%25.00%30.43%
CECECECO Environmenta...24.83%15.01%56.62%
DCIDonaldson-4.47%-6.46%6.82%
ENTGEntegris-0.03%32.46%5.47%

Fuel Tech competitors

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