Past 5 years growth of BLDP observed at 21.70%, and for the next five years the analysts that follow this company is expecting its growth at 0.03%. (NASDAQ:BLDP) (TSE:BLD)'s stock had its "buy" rating reissued by research analysts at HC Wainwright in a report released on Friday, November 3rd. At the moment, the stock is trading for about -18.11% less than its 52-week high.
The stock of Ballard Power Systems Inc. The consensus price target of $5.60 also implies significant upside from the current price of $4.99. Ballard Power Sys now has a P/E ratio of N/A and the market value is 886.26M. That activity is comparable to their recent volume average trend of almost 1.09 million shares which they recorded over a period of three months. (USA) (NASDAQ:BLDP) is a huge mover today!
Previously Ballard Power Sys (NASDAQ:BLDP) reported $-0.01 earnings per share (EPS) for the quarter, meeting the consensus estimate of $-0.01 by $0. Finally, Roth Capital set a $5.00 price objective on Ballard Power Systems and gave the company a "hold" rating in a research report on Wednesday, November 1st.
FBR & Co reiterated their buy rating on shares of Ballard Power Systems, Inc. November 3 investment analysts at HC Wainwright held the stock rating at "Buy" targeting a price of $6.00. Currently, the stock has a 1 Year Price Target of $5.6. During the same quarter last year, the business earned ($0.02) earnings per share. research analysts anticipate that Ballard Power Systems will post -0.05 EPS for the current fiscal year. The firm had revenue of $31.90 million for the quarter, compared to the consensus estimate of $28.33 million. Breaking that down further, it has performed -17.06% for the week, -5.26% for the month, 71.73% over the last quarter, 78.68% for the past half-year and 144.22% for this previous year. The company now has a Return on Equity (ROE) of -5.2 and a Return on Investment (ROI) of -14.8.
ILLEGAL ACTIVITY NOTICE: This piece was posted by StockNewsTimes and is owned by of StockNewsTimes. If you are reading this piece on another site, it was stolen and reposted in violation of US and global copyright & trademark legislation. The original version of this story can be accessed at https://www.dispatchtribunal.com/2017/11/14/ballard-power-systems-inc-bldp-given-a-6-00-price-target-by-b-riley-analysts.html. If a stock does not have good liquidity then it may take some time before a broker is able to negotiate a deal to buy or sell a stock and the broker may not be able to get the sell or buy price that the trader is looking for. Renaissance Technologies LLC raised its position in shares of Ballard Power Systems by 483.1% in the first quarter.
Bluestein R H & CO bought 23,500 shares in quarter ending 09/30/2017 increasing its exposure to Ballard Power Sys by 11.2%. During last 3 month period, -1.35% of total institutional ownership has changed in the company shares. Dynamic Technology Lab Private Ltd purchased a new stake in Ballard Power Systems in the second quarter valued at approximately $105,000. KCG Holdings Inc. now owns 204,521 shares of the technology company's stock valued at $454,000 after purchasing an additional 140,603 shares during the period. Beta value of the stock stands at 2.11.
Ballard Power Systems Inc is engaged in the design, development, manufacture, sale and service of proton exchange membrane (PEM) fuel cell products for a range of applications, focusing on the power product markets of heavy-duty motive (consisting of bus and tram applications), portable power, material handling and backup power, as well as the delivery of technology solutions, including engineering services, technology transfer and the license and sale of its intellectual property portfolio and fundamental knowledge for a range of fuel cell applications.