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BlackBerry Ltd (NYSE: BB) closed the day trading at $4.91 down -8.40% from the previous closing price of $5.36. In other words, the price has decreased by -$8.40 from its previous closing price. On the day, 66.16 million shares were traded.
Ratios:
For a better understanding of BB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.37 and its Current Ratio is at 1.37. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.30.
RBC Capital Mkts reiterated its Sector Perform rating for the stock on December 21, 2023, while the target price for the stock was revised from $4.50 to $4.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 24 ’25 when Chai Jay P. sold 24,425 shares for $4.19 per share. The transaction valued at 102,341 led to the insider holds 0 shares of the business.
ERIKSSON MATTIAS sold 12,680 shares of BB for $50,720 on Jan 06 ’25. The President of IoT now owns 278,306 shares after completing the transaction at $4.00 per share. On Jan 06 ’25, another insider, GIAMATTEO JOHN JOSEPH, who serves as the CEO & President, Cybersecurity of the company, sold 29,402 shares for $4.00 each. As a result, the insider received 117,608 and left with 490,761 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.80 while its Price-to-Book (P/B) ratio in mrq is 4.01.
Stock Price History:
Over the past 52 weeks, BB has reached a high of $6.24, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 14.06%, while the 200-Day Moving Average is calculated to be 66.89%.
Shares Statistics:
A total of 591.58M shares are outstanding, with a floating share count of 581.20M. Insiders hold about 1.76% of the company’s shares, while institutions hold 46.76% stake in the company.
Earnings Estimates
The stock of BlackBerry Ltd (BB) is currently being evaluated by 4.0 analysts who are actively contributing to its market rating.The consensus estimate for the next quarter is $0.02, with high estimates of $0.03 and low estimates of $0.01.
Analysts are recommending an EPS of between $0.03 and -$0.01 for the fiscal current year, implying an average EPS of $0.01. EPS for the following year is $0.12, with 5.0 analysts recommending between $0.16 and $0.07.
Revenue Estimates
4 analysts predict $137.56M in revenue for the current quarter. It ranges from a high estimate of $151M to a low estimate of $131.62M. As of the current estimate, BlackBerry Ltd’s year-ago sales were $173MFor the next quarter, 4 analysts are estimating revenue of $127.11M. There is a high estimate of $129.62M for the next quarter, whereas the lowest estimate is $125.99M.
A total of 4 analysts have provided revenue estimates for BB’s current fiscal year. The highest revenue estimate was $567.21M, while the lowest revenue estimate was $523.09M, resulting in an average revenue estimate of $554.17M. In the same quarter a year ago, actual revenue was $853MBased on 5 analysts’ estimates, the company’s revenue will be $545.37M in the next fiscal year. The high estimate is $567M and the low estimate is $532.06M.
