Why Fuel Systems Solutions (FSYS) Stock Is Falling Today

NEW YORK (TheStreet) -- Shares of Fuel Systems Solutions Inc. (FSYS) are lower by -4.35% to $10.12 at the start of trading on Monday, after the company reported a net loss for the 2014 second quarter of -$44.2 million, or -$2.20 per diluted share, compared to a net income of $2.5 million, or 13 cents per diluted share for the year ago period.

The company, which designs, manufactures, and supplies alternative fuel components and systems for use in the transportation and industrial markets, posted a decline in revenue for the most recent quarter to $87.4 million, from $111.1 million for the 2013 second quarter.

Fuel Systems Solutions said its quarterly results were impacted by competitive and economic trends in its units, and the costs of restructuring.EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he and Stephanie Link think could be potentially HUGE winners. Click here to see the holdings for FREE

The company cut its full year revenue outlook to $335 million to $355 million, from $340 million to $360 million, analysts forecast for revenue of $347.13 million for fiscal 2014.

Separately, TheStreet Ratings team rates FUEL SYSTEMS SOLUTIONS INC as a Sell with a ratings score of D+. TheStreet Ratings Team has this to say about their recommendation:

"We rate FUEL SYSTEMS SOLUTIONS INC (FSYS) a SELL. This is driven by multiple weaknesses, which we believe should have a greater impact than any strengths, and could make it more difficult for investors to achieve positive results compared to most of the stocks we cover. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share."

You can view the full analysis from the report here: FSYS Ratings Report

FSYS Chart FSYS data by YCharts

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