0 0
Read Time:2 Minute, 2 Second

[ad_1]

Raymond James analysts recently increased Ballard Power Systems‘(NASDAQ: BLDP) notes from an « outperformance » to a « strong buy, » according to their report on the company released on Monday, January 11.

BLDP shares traded at $ 28.84 on Monday. The company’s current market capitalization is $ 8.07 billion. It has a negative PE ratio of 144.20 with a beta of 1.74 at the moment. The 12-month maximum ranges from $ 29.50 to $ 6.95. The 50SMA (simple moving average) stands at $ 21.02 and its 200SMA at $ 17.30.

Ballard Power Systems Stock Analysis (NASDAQ: BLDP)

– Publicity –

The quarterly earnings report for the previous fiscal quarter was released by the company on November 5. Earnings were $ 0.05 per share for this quarter. This was in line with the general consensus on the company’s estimated earnings proposed by analysts at Thomson Reuters.

The company’s return on equity currently stands at -14.00% with a net margin of -40.04%. The company’s estimated revenue was marked at $ 28.06 million, but it made $ 25.62 million for the quarter. According to analyst reports, the company is likely to report its EPS for fiscal 2021 (full year 2021) at -0.19.

NASDAQ: BLDP has recently been the subject of numerous equity analyst reports. Some, like Zacks Investment Research, ValuEngine, BidAskClub, TD Securities, etc. have published reports on this company in recent months.

– Publicity –

Zacks issued a « Sell » rating on the company. They lowered it from an earlier “hold” rating. Likewise, ValuEngine downgraded its rating from “buy” to “keep”. On the other hand, BidAskClub raised the bar from a “hold” rating to a new “buy” rating. TD Securities has increased the target price set for this company.

The recent consensus rating from Ballard Power Systems (NASDAQ: BLDP) stands at « Buy » and the target price consensus is $ 22.63. Several hedge funds have also been involved in the buying and selling of shares in this company recently.

– Publicity –



[ad_2]

Happy
Happy
0 %
Sad
Sad
0 %
Excited
Excited
0 %
Sleepy
Sleepy
0 %
Angry
Angry
0 %
Surprise
Surprise
0 %

Average Rating

5 Star
0%
4 Star
0%
3 Star
0%
2 Star
0%
1 Star
0%

Laisser un commentaire