Ballard Power Systems Inc (BLDP) Performance and Fundamentals Dashboard tells a completely different story

With 3.19 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.22 million shares. During the session, the Specialty Industrial Machinery company that operates in wider Industrials sector, reached to the highest price of $1.35 whereas the lowest price it dropped to was $1.25. The 52-week range on BLDP shows that it touched its highest point at $4.01 and its lowest point at $1.27 during that stretch. It currently has a 1-year price target of $2.03. Beta for the stock currently stands at 1.71.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BLDP was down-trending over the past week, with a drop of -23.95%, but this was down by -23.95% over a month. Three-month performance dropped to -30.60% while six-month performance fell -60.31%. The stock lost -61.75% in the past year, while it has lost -65.68% so far this year. A look at the trailing 12-month EPS for BLDP yields -1.10 with Next year EPS estimates of -0.39. For the next quarter, that number is -0.13. This implies an EPS growth rate of -71.11% for this year and 60.95% for next year.

Float and Shares Shorts:

At present, 298.94 million BLDP shares are outstanding with a float of 245.66 million shares on hand for trading. On 2024-10-31, short shares totaled 14.51 million, which was 459.99999999999994 higher than short shares on 1727654400. In addition to Mr. R. Randall MacEwen BA, LLB as the firm’s CEO, President & Non-Independent Director, Mr. Mark Biznek serves as its Senior VP & COO.

Institutional Ownership:

Through their ownership of 0.29131 of BLDP’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, BLDP reported revenue of $14756000.0 and operating income of -$39073000.0. The EBITDA in the recently reported quarter was -$36651000.0 and diluted EPS was -$0.68.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BLDP since 6 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 1 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.

Analysts have provided yearly estimates in a range of -$0.89139 being high and -$1.00281 being low. For BLDP, this leads to a yearly average estimate of -$0.96567. The surprise factor in the prior quarter was -$0.18. Based on analyst estimates, the high estimate for the next quarter is -$0.08 and the low estimate is -$0.18. The average estimate for the next quarter is thus -$0.14.