Fuel Tech FY2026 EPS Estimate Decreased by HC Wainwright

Fuel Tech, Inc. (NASDAQ:FTEK) – Analysts at HC Wainwright cut their FY2026 earnings estimates for Fuel Tech in a note issued to investors on Thursday, March 5th. HC Wainwright analyst A. Dayal now expects that the industrial products company will post earnings of ($0.07) per share for the year, down from their previous forecast of $0.01. 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 FY2027 earnings at ($0.05) EPS, FY2028 earnings at $0.00 EPS and FY2029 earnings at $0.04 EPS.

Fuel Tech (NASDAQ:FTEK) last posted its quarterly earnings data on Tuesday, March 3rd. The industrial products company reported ($0.04) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.01). The company had revenue of $7.25 million for the quarter, compared to analysts’ expectations of $7.47 million. Fuel Tech had a negative return on equity of 5.70% and a negative net margin of 8.71%.

FTEK has been the topic of a number of other research reports. Wall Street Zen lowered Fuel Tech from a “buy” rating to a “hold” rating in a research report on Saturday. Weiss Ratings reissued a “sell (d-)” rating on shares of Fuel Tech in a research report on Wednesday, January 28th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the company currently has an average rating of “Sell”.

Fuel Tech Price Performance

FTEK opened at $1.23 on Monday. Fuel Tech has a 12 month low of $0.91 and a 12 month high of $3.65. The stock has a market capitalization of $37.77 million, a price-to-earnings ratio of -17.57 and a beta of 1.05. The business has a fifty day moving average price of $1.45 and a 200 day moving average price of $2.12.

Hedge Funds Weigh In On Fuel Tech

A number of institutional investors and hedge funds have recently modified their holdings of the company. Corsair Capital Management L.P. purchased a new position in Fuel Tech in the second quarter valued at $25,000. Virtu Financial LLC acquired a new position in shares of Fuel Tech during the 4th quarter worth about $27,000. Covestor Ltd acquired a new position in shares of Fuel Tech during the 3rd quarter worth about $40,000. Prelude Capital Management LLC purchased a new position in shares of Fuel Tech in the 3rd quarter valued at about $40,000. Finally, NewEdge Advisors LLC increased its holdings in shares of Fuel Tech by 35,206.0% in the 3rd quarter. NewEdge Advisors LLC now owns 17,653 shares of the industrial products company’s stock valued at $53,000 after acquiring an additional 17,603 shares during the last quarter. Institutional investors and hedge funds own 20.94% of the company’s stock.

Fuel Tech Company Profile

Fuel Tech, Inc (NASDAQ: FTEK) is a specialty technology and engineering company focused on developing and supplying clean air solutions for the power generation and industrial markets. The company designs, manufactures and markets proprietary chemical reagents and process control systems that help customers reduce emissions of nitrogen oxides (NOx), mercury and other air pollutants. Its technology platform combines advanced process modeling, plant optimization software and field testing services to help utilities and industrial facilities comply with environmental regulations and improve operational efficiency.

Fuel Tech’s core product lines include selective catalytic reduction (SCR) optimization systems, activated carbon injection solutions for mercury capture, and sorbent enhancement additives for flue gas desulfurization processes.