With 8.32 million shares changed hands, the volume of the stock remained lighter than its average volume of 9.01 million shares. The 52-week range on BLDP shows that it touched its highest point at $3.38 and its lowest point at $1.23 during that stretch. It currently has a 1-year price target of $2.15. Beta for the stock currently stands at 1.73.
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 -8.84%, but this was down by -4.96% over a month. Three-month performance surged to 0.75% while six-month performance fell -29.47%. The stock lost -56.35% in the past year, while it has lost -19.28% 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 -76.77% for this year and 62.49% for next year. EPS is expected to grow by 16.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -32.26%.
Float and Shares Shorts:
At present, 299.42 million BLDP shares are outstanding with a float of 245.67 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.93037 being high and -$1.06605 being low. For BLDP, this leads to a yearly average estimate of -$1.01759. Based on analyst estimates, the high estimate for the next quarter is -$0.09 and the low estimate is -$0.13. The average estimate for the next quarter is thus -$0.11.
