Thursday, January 21, 2021
Fuel Cell, Inc. (FCEL) Earnings Tomorrow Morning: Outlook
Fuel Cell Earnings Tomorrow: The Company will disappoint , they received a new contract from US Department of Energy during Q4, in addition the Company paid off some debts in Q4 2020, which were the main activities. The new contract will have little to no impact on Q4 revenue and earnings. The Company generally has not been able to beat earnings estimates, which I think will be the case again for this upcoming earnings report. The Company has consistently beat estimates in terms of revenue, but has been hampered with misses on earnings.
The stock is overpriced, based on both Price to book, price to sales, and price to earnings, it has had a tremendous run however, there isn't much to back the current valuation of 5 billion. If the Company's stock were to continue to grow it would be due to investors irrationally pumping the stock price due to the craze around renewable energy and alternative energy.
Check out Bloom Energy stock. I'm long on them, and worked there. From a renewable energy stock perspective, that is the most promising renewable energy technology
Will definitely do some research on bloom energy
We are still not sure if its Halal stock correct?