Q1 Earnings Forecast for Fuel Tech Issued By HC Wainwright

Fuel Tech, Inc. (NASDAQ:FTEK) – HC Wainwright issued their Q1 2025 earnings per share estimates for Fuel Tech in a research note issued to investors on Thursday, March 6th. HC Wainwright analyst A. Dayal anticipates that the industrial products company will post earnings per share of ($0.02) for the quarter. HC Wainwright 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 ($0.03) per share. HC Wainwright also issued estimates for Fuel Tech’s Q2 2025 earnings at ($0.03) EPS, Q3 2025 earnings at $0.00 EPS, Q4 2025 earnings at $0.00 EPS, FY2027 earnings at $0.01 EPS and FY2029 earnings at $0.15 EPS.

Separately, StockNews.com began coverage on Fuel Tech in a research note on Sunday, March 2nd. They issued a “hold” rating for the company.

Fuel Tech Price Performance

Shares of FTEK stock opened at $1.00 on Friday. Fuel Tech has a 1-year low of $0.87 and a 1-year high of $1.34. The stock’s 50-day moving average is $1.00 and its 200 day moving average is $1.02. The company has a market cap of $30.71 million, a P/E ratio of -50.00 and a beta of 4.25.

Fuel Tech (NASDAQ:FTEK) last issued its quarterly earnings data on Tuesday, March 4th. The industrial products company reported ($0.06) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.03). Fuel Tech had a negative net margin of 2.29% and a negative return on equity of 1.37%. The company had revenue of $5.28 million for the quarter, compared to the consensus estimate of $5.63 million. During the same period in the previous year, the business earned ($0.02) EPS.

Institutional Investors Weigh In On Fuel Tech

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Millennium Management LLC raised its stake in Fuel Tech by 70.1% in the fourth quarter. Millennium Management LLC now owns 58,571 shares of the industrial products company’s stock valued at $62,000 after buying an additional 24,129 shares during the last quarter. XTX Topco Ltd purchased a new stake in Fuel Tech in the fourth quarter valued at about $27,000. Renaissance Technologies LLC raised its stake in shares of Fuel Tech by 15.3% in the fourth quarter. Renaissance Technologies LLC now owns 1,039,609 shares of the industrial products company’s stock worth $1,092,000 after purchasing an additional 138,169 shares during the last quarter. Virtu Financial LLC purchased a new position in shares of Fuel Tech in the fourth quarter worth about $26,000. Finally, Peapod Lane Capital LLC purchased a new position in shares of Fuel Tech in the fourth quarter worth about $1,027,000. 20.94% of the stock is currently owned by hedge funds and other institutional investors.

Fuel Tech Company Profile

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 segments. The Air Pollution Control Technology segment offers technologies to reduce nitrogen oxide (NOx) emissions in flue gas from boilers, incinerators, furnaces, and other stationary combustion sources; NOxOUT and HERT selective non-catalytic reduction systems; selective catalytic reduction systems comprising ammonia injection grid, and graduated straightening grid systems; I-NOx systems; ESP Processes and Services; ULTRA technology; and flue gas conditioning systems.