The closing price of Ballard Power Systems Inc. (NASDAQ: BLDP) was $4.57 for the day, down -3.18% from the previous closing price of $4.72. In other words, the price has decreased by -$0.1500 from its previous closing price. On the day, 3694231 shares were traded. BLDP stock price reached its highest trading level at $4.6657 during the session, while it also had its lowest trading level at $4.4900.
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Ratios:
Our analysis of BLDP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 13.30 and its Current Ratio is at 14.20. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BLDP now has a Market Capitalization of 1.31B and an Enterprise Value of 407.57M. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.59 while its Price-to-Book (P/B) ratio in mrq is 1.21. Its current Enterprise Value per Revenue stands at 5.36 whereas that against EBITDA is -2.62.
Stock Price History:
Over the past 52 weeks, BLDP has reached a high of $9.28, while it has fallen to a 52-week low of $4.07. The 50-Day Moving Average of the stock is 4.8134, while the 200-Day Moving Average is calculated to be 5.8991.
Shares Statistics:
BLDP traded an average of 2.68M shares per day over the past three months and 3.46M shares per day over the past ten days. A total of 298.43M shares are outstanding, with a floating share count of 251.77M. Insiders hold about 0.50% of the company’s shares, while institutions hold 16.40% stake in the company. Shares short for BLDP as of Apr 27, 2023 were 31.88M with a Short Ratio of 31.88M, compared to 31.56M on Mar 30, 2023.
Earnings Estimates
The firm’s stock currently is rated by 12 analysts. On average, analysts expect EPS of -$0.13 for the current quarter, with a high estimate of -$0.09 and a low estimate of -$0.15, while EPS last year was -$0.19. The consensus estimate for the next quarter is -$0.14, with high estimates of -$0.09 and low estimates of -$0.16.
Analysts are recommending an EPS of between -$0.36 and -$0.58 for the fiscal current year, implying an average EPS of -$0.51. EPS for the following year is -$0.52, with 14 analysts recommending between -$0.37 and -$0.63.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 15 analysts. It ranges from a high estimate of $19.7M to a low estimate of $13.1M. As of the current estimate, Ballard Power Systems Inc.’s year-ago sales were $20.93M, an estimated decrease of -25.50% from the year-ago figure. For the next quarter, 15 analysts are estimating revenue of $27M, an increase of 13.40% over than the figure of -$25.50% in the same quarter last year. There is a high estimate of $31.58M for the next quarter, whereas the lowest estimate is $23.9M.
A total of 18 analysts have provided revenue estimates for BLDP’s current fiscal year. The highest revenue estimate was $120M, while the lowest revenue estimate was $71M, resulting in an average revenue estimate of $91.43M. In the same quarter a year ago, actual revenue was $83.79M, up 9.10% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $143.99M in the next fiscal year. The high estimate is $180.5M and the low estimate is $108M. The average revenue growth estimate for next year is up 57.50% from the average revenue estimate for this year.
