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The closing price of BlackBerry Ltd (NYSE: BB) was $4.62 for the day, up 7.19% from the previous closing price of $4.31. In other words, the price has increased by $7.19 from its previous closing price. On the day, 24.08 million shares were traded. BB stock price reached its highest trading level at $4.66 during the session, while it also had its lowest trading level at $4.36.
Ratios:
Our analysis of BB’s different ratios will help us gain a deeper understanding of the company. 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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BB now has a Market Capitalization of 2733113344 and an Enterprise Value of 1799369472. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.52 while its Price-to-Book (P/B) ratio in mrq is 3.77. Its current Enterprise Value per Revenue stands at 2.825 whereas that against EBITDA is 599.79.
Stock Price History:
The Beta on a monthly basis for BB is 1.29, which has changed by 0.5672728 over the last 52 weeks, in comparison to a change of 0.2000997 over the same period for the S&P500. Over the past 52 weeks, BB has reached a high of $4.54, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is 32.45%, while the 200-Day Moving Average is calculated to be 67.51%.
Shares Statistics:
BB traded an average of 16.20M shares per day over the past three months and 21137090 shares per day over the past ten days. 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 43.95% stake in the company. Shares short for BB as of 1732838400 were 26267590 with a Short Ratio of 1.62, compared to 1730332800 on 26975284. Therefore, it implies a Short% of Shares Outstanding of 26267590 and a Short% of Float of 4.4499997.
Earnings Estimates
The dynamic stock of BlackBerry Ltd (BB) is currently attracting attention from 5.0 analysts actively involved in rating its market status.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 6.0 analysts recommending between $0.16 and $0.07.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 5 analysts. 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, 5 analysts are estimating revenue of $128.57M. There is a high estimate of $132.09M for the next quarter, whereas the lowest estimate is $125.99M.
A total of 5 analysts have provided revenue estimates for BB’s current fiscal year. The highest revenue estimate was $568M, while the lowest revenue estimate was $562M, resulting in an average revenue estimate of $565.14M. In the same quarter a year ago, actual revenue was $853MBased on 6 analysts’ estimates, the company’s revenue will be $548.14M in the next fiscal year. The high estimate is $567M and the low estimate is $532.06M.
