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The closing price of Ballard Power Systems Inc (NASDAQ: BLDP) was $1.28 for the day, down -1.54% from the previous closing price of $1.30. In other words, the price has decreased by -$1.54 from its previous closing price. On the day, 5.66 million shares were traded. BLDP stock price reached its highest trading level at $1.315 during the session, while it also had its lowest trading level at $1.25.
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 8.50 and its Current Ratio is at 9.25. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.03.
HSBC Securities Upgraded its Hold to Buy on October 24, 2023, while the target price for the stock was maintained at $4.50.
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 383564800 and an Enterprise Value of -198592784. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.50 while its Price-to-Book (P/B) ratio in mrq is 0.57. Its current Enterprise Value per Revenue stands at -2.848 whereas that against EBITDA is 1.25.
Stock Price History:
The Beta on a monthly basis for BLDP is 1.81, which has changed by -0.5395683 over the last 52 weeks, in comparison to a change of 0.10063088 over the same period for the S&P500. Over the past 52 weeks, BLDP has reached a high of $3.38, while it has fallen to a 52-week low of $1.08. The 50-Day Moving Average of the stock is -6.53%, while the 200-Day Moving Average is calculated to be -26.59%.
Shares Statistics:
BLDP traded an average of 9.78M shares per day over the past three months and 7087230 shares per day over the past ten days. A total of 299.44M shares are outstanding, with a floating share count of 245.78M. Insiders hold about 17.98% of the company’s shares, while institutions hold 20.43% stake in the company. Shares short for BLDP as of 1741910400 were 15836064 with a Short Ratio of 1.74, compared to 1739491200 on 15423738.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The dynamic stock of Ballard Power Systems Inc (BLDP) is currently attracting attention from 10.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is -$0.11, with high estimates of -$0.08 and low estimates of -$0.14.
Analysts are recommending an EPS of between -$0.32 and -$0.49 for the fiscal current year, implying an average EPS of -$0.4. EPS for the following year is -$0.36, with 12.0 analysts recommending between -$0.31 and -$0.43.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 11 analysts. It ranges from a high estimate of $20.3M to a low estimate of $11.8M. As of the current estimate, Ballard Power Systems Inc’s year-ago sales were $14.45MFor the next quarter, 11 analysts are estimating revenue of $19.97M. There is a high estimate of $25M for the next quarter, whereas the lowest estimate is $15.52M.
A total of 15 analysts have provided revenue estimates for BLDP’s current fiscal year. The highest revenue estimate was $112M, while the lowest revenue estimate was $84.3M, resulting in an average revenue estimate of $97.26M. In the same quarter a year ago, actual revenue was $69.73MBased on 15 analysts’ estimates, the company’s revenue will be $136.43M in the next fiscal year. The high estimate is $274.95M and the low estimate is $96.8M.
