Quantum Fuel Systems Technologies Worldwide Pre-Earnings Report; If You Build It They Will Come by BrokerBank Securities, Inc. - WSMV Channel 4

Quantum Fuel Systems Technologies Worldwide Pre-Earnings Report; If You Build It They Will Come by BrokerBank Securities, Inc.

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SOURCE BrokerBank Securities, Inc.

NEW YORK, Aug. 7, 2014 /PRNewswire/ -- is a compressed natural gas (CNG) fuel tank and fuel system manufacturer. Its tanks and components are used in vehicles that are powered by CNG. The primary customers are OEMs and fleets of medium and light-duty trucks, which are classified as Type IV vehicles. Vehicles that use CNG as fuel realize a significant cost savings compared to standard gas vehicles. Company sales are predominately in the U.S., and also in Europe, Canada and Asia. The company also designs parts for electric vehicles and has a wind power subsidiary, Schneider Power.

Recently the company's stock price took a hit after the announcement of the Agility/Hexagon partnership, and after 2014 Q1 earnings came in below consensus. The stock price started to dip after the deal was announced on May 6, and then took a sharper plunge when earnings were released on May 14. The company had EPS of -$.16 in contrast to consensus estimates of -$.05. In addition management revised full year guidance downward. Since then, the price has moved up from ~$3 to ~$5 on announcements of securing new customers. The company secured Ryder, Peterbilt, Swift Transportation, Kwik-Trip, McNeilus, Dillon Transport, and others as customers.

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This report was prepared for informational purposes only. Affiliated parties involved with producing and issuing this report have not been compensated in any form. A full disclaimer can be found by viewing the full analyst report.

FORWARD-LOOKING DISCLAIMER   

This report may contain certain forward-looking statements and information, as defined within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of mentioned company to be materially different from the statements made herein.   

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Content is researched, written and reviewed on a best-effort basis. This document, article or report is written and authored by Fred Rockwell, CFA. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below. We do not engage in high frequency trading.

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BrokerBank Securities, Inc. is a member of the Financial Industry Regulatory Authority, CRD number #130116.

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