BlackBerry Limited [BB] is following upward trend in the market concluded with the last trading session. The shares of the Technology sector company has a current value of $5.54 after BB shares went up by 0.18% during the last trading session. One of the reasons why Technology stocks may go bullish is increased momentum in the press.

BlackBerry Limited [NYSE:BB]: Analyst Rating and Earnings

Its stock price has been found in the range of 4.86 to 10.29. This is compared to its latest closing price of $5.53.

Keep on the lookout for this organization’s next scheduled financial results, which are expected to be made public on Thu 19 Dec (In 41 Days).

Fundamental Analysis of BlackBerry Limited [BB]

Now let’s turn to look at profitability: with a current Operating Margin for BlackBerry Limited [BB] sitting at -5.97 and its Gross Margin at +62.39, this company’s Net Margin is now 3.20%. These metrics indicate that this company is not generating as much profit, after accounting for expenses, compared to its market peers.

This company’s Return on Total Capital is -1.65, and its Return on Invested Capital has reached 2.30%. Its Return on Equity is 3.64, and its Return on Assets is 2.43. These metrics suggest that this BlackBerry Limited does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.

Turning to investigate this organization’s capital structure, BlackBerry Limited [BB] has generated a Total Debt to Total Equity ratio of 25.23. Similarly, its Total Debt to Total Capital is 20.15, while its Total Debt to Total Assets stands at 16.93.

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What about valuation? This company’s Enterprise Value to EBITDA is 29.24 and its Total Debt to EBITDA Value is 7.05. The Enterprise Value to Sales for this firm is now 2.82, and its Total Debt to Enterprise Value stands at 0.13. BlackBerry Limited [BB] has a Price to Book Ratio of 1.80, a Price to Cash Flow Ratio of 53.90.

Shifting the focus to workforce efficiency, BlackBerry Limited [BB] earns $299,826 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 3.88 and its Total Asset Turnover is 0.24. This publicly-traded organization’s liquidity data is also interesting: its Quick Ratio is 2.54 and its Current Ratio is 2.54. This company, considering these metrics, has a healthy ratio between its short-term liquid assets and its short-term liabilities, making it a less risky investment.

BlackBerry Limited [BB] has 552.34M shares outstanding, amounting to a total market cap of $3.05B. Its stock price has been found in the range of 4.86 to 10.29. At its current price, it has moved down by -46.16% from its 52-week high, and it has moved up 13.99% from its 52-week low.

This stock’s Beta value is currently 1.73, which indicates that it is 2.97% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 47.59. This RSI score is good, suggesting this stock is neither overbought or oversold.

Conclusion: Is BlackBerry Limited [BB] a Reliable Buy?

Shares of BlackBerry Limited [BB], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.