Fuel Tech, Inc. (NASDAQ:FTEK – Free Report) – Equities analysts at HC Wainwright lowered their fiscal year 2026 EPS estimates for shares of Fuel Tech in a research note issued to investors on Thursday, August 8. HC Wainwright analyst A. Dayal now expects the industrial products company to report earnings of $(0.01) per share for the year, below their previous estimate of $0.01. HC Wainwright currently has a Buy rating and a $4.00 price target on the stock. The consensus estimate for Fuel Tech’s current full year earnings is $(0.02) per share. HC Wainwright also issued estimates for Fuel Tech’s fiscal year 2027 earnings of $0.03 per share and fiscal year 2028 earnings of $0.10 per share.

Separately, StockNews.com began coverage on shares of Fuel Tech in a research report on Tuesday. They gave the company a “hold” rating.

Get our latest fuel technology analysis

Fuel Tech shares rise 1.0%

FTEK rose $0.01 on Friday, reaching $1.00. The company’s shares had a trading volume of 248,339 shares, compared to its average volume of 67,402. The company’s 50-day moving average price is $1.05 and its 200-day moving average price is $1.12. The stock has a market cap of $30.39 million, a price-to-earnings ratio of -33.33 and a beta of 4.16. Fuel Tech has a 12-month low of $0.91 and a 12-month high of $1.34.

Fuel Tech (NASDAQ:FTEK – Free Report) last released its earnings results on Tuesday, August 6. The industrial products company reported earnings per share of -$0.01 for the quarter, beating analysts’ consensus estimates of -$0.02 by $0.01. The company had revenue of $7.04 million during the quarter, compared to analyst expectations of $5.81 million. Fuel Tech had a negative net margin of 3.41% and a negative return on equity of 1.92%. In the same quarter last year, the company reported earnings per share of -$0.03.

Institutional trading in Fuel Tech

Several institutional investors and hedge funds have recently increased or reduced their holdings in the company. Marquette Asset Management LLC increased its holdings in shares of Fuel Tech by 14.7% in the 1st quarter. Marquette Asset Management LLC now owns 141,189 shares of the industrial products company’s stock valued at $171,000 after buying an additional 18,133 shares during the same period. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Fuel Tech in the 4th quarter valued at $26,000. Renaissance Technologies LLC increased its holdings in shares of Fuel Tech by 5.4% in the 2nd quarter. Renaissance Technologies LLC now owns 874,618 shares of the industrial products company’s stock valued at $936,000 after buying an additional 44,512 shares during the last quarter. Essex Investment Management Co. LLC increased its holdings in shares of Fuel Tech by 42.6% in the 1st quarter. Essex Investment Management Co. LLC now owns 401,159 shares of the industrial products company’s stock valued at $485,000 after purchasing an additional 119,763 shares during the same period. Finally, Grace & White Inc. NY increased its stake in shares of Fuel Tech by 6.9% during the fourth quarter. Grace & White Inc. NY now owns 1,859,922 shares of the industrial products company’s stock valued at $1,953,000 after purchasing an additional 120,527 shares during the same period. 20.94% of the shares are owned by institutional investors.

Fuel Tech Company Profile

(Get free report)

Fuel Tech, Inc. provides boiler optimization, efficiency improvement, and air pollution reduction and control solutions to utility and industrial customers worldwide. The company operates through Air Pollution Control Technology and FUEL CHEM Technology business units. The Air Pollution Control Technology business unit offers technologies to reduce nitrogen oxide (NOx) emissions in flue gases from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT and HERT selective non-catalytic reduction systems; selective catalytic reduction systems consisting of ammonia injection grids and staged directivity grid systems; I-NOx systems; ESP processes and services; ULTRA technology; and flue gas treatment systems.

Read more

Get news and reviews for Fuel Tech Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Fuel Tech and related companies with MarketBeat.com’s FREE daily email newsletter.