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King James 1

05/01/24 1:16 AM

#59386 RE: Hoghead7 #59385

From Simply Wall St one week ago regarding FCEL;

Turning to the outlook, the next three years should generate growth of 42% per year as estimated by the ten analysts watching the company. Meanwhile, the rest of the industry is forecast to only expand by 34% per year, which is noticeably less attractive.
In light of this, it's understandable that FuelCell Energy's P/S sits above the majority of other companies. Apparently shareholders aren't keen to offload something that is potentially eyeing a more prosperous future.

Even after such a strong price drop, FuelCell Energy's P/S still exceeds the industry median significantly. Generally, our preference is to limit the use of the price-to-sales ratio to establishing what the market thinks about the overall health of a company.
Our look into FuelCell Energy shows that its P/S ratio remains high on the merit of its strong future revenues. It appears that shareholders are confident in the company's future revenues, which is propping up the P/S. Unless the analysts have really missed the mark, these strong revenue forecasts should keep the share price buoyant.

hopester

05/01/24 6:35 AM

#59389 RE: Hoghead7 #59385

When the quartertly is released you'll see another loss. This time and due to the lack of announced revenues the expectation is once again to disappoint.
Duyring the quarter the company sold into the market to raise much needed cash to build out their plants. The expense from this accomplishes 2 things:
1) It offsets any benefit the company may derive from the meager sales it gained.
2) It ensures a wider loss/sh than otherwise would have been expected.
Note: Sales may increase from its 55% drop in the prior quarter. The slight increase compared to the drop shouldn't impress.

Lest we forget, the company is diluting your value every time they sell into the market. And, on top of that, they're borrowing . Thus weighing on the financials.
All professional analysts, trusted for their objective and thorough research, see losses through 2029. They've been saying that for 3 years and THEY ALONE HAVE BEEN RIGHT. Compare their record with the promoters and observe the results. The difference is startling.