Ballard Power Sys (NASDAQ:BLDP) shares traded 4.82% up during most recent session to reach at the closing price of $3.26. The stock exchanged hands 1.91 Million shares versus average trading capacity of 2.13 Million shares, yielding a market cap of $579.24 Million. Wall Street analysts covering the stock are projecting that the stock will reach $5.5 within the next 52-weeks. The mean target projections are based on 5 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Ballard Power Sys (NASDAQ:BLDP) high price target of $6 and with a conservative view have low price target of $4.5.
FBR Capital “Maintained” Ballard Power Sys (NASDAQ:BLDP) in a research note issued to investors on 9/18/17 to Buy with price target of $6.
Additionally on 7/28/16 FBR Capital “Upgrades” Ballard Power Sys (NASDAQ:BLDP) to Outperform and on 2/03/16 Roth Capital “Assumes” the stock to Neutral. Furthermore on 8/20/15 H.C. Wainwright “Assumes” the stock to Buy at $2.5.
On the other hand the company has Relative Strength Index (RSI 14) of 39.38 along with Average True Range (ATR 14) of 0.26, Consequently Ballard Power Sys (NASDAQ:BLDP)’s weekly and monthly volatility is 7.95%, 7.34% respectively. The company’s beta value is at 2.23.
In terms of Buy, Sell or Hold recommendations, Ballard Power Sys (NASDAQ:BLDP) has analysts’ mean recommendation of 2.4. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Ballard Power Sys (NASDAQ:BLDP)’s minimum EPS for the current quarter is at $-0.01 and can go high up to $0.01. The consensus mean EPS for the current quarter is at $0 derived from a total of 5 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.01 earnings per share for the same quarter during last year.
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. The company posted an earnings surprise of 0%.
Ballard Power Sys (NASDAQ:BLDP)’s revenue estimates for the current quarter are $33.5 Million according to 5 number of analysts, for the current quarter the company has high revenue estimates of $39.1 Million in contradiction of low revenue estimates of $30.7 Million. For the current year the company’s revenue estimates are $114.54 Million compared to low analyst estimates of $111.8 Million and high estimates of $120.2 Million according to 5 number of analysts.
Currently Ballard Power Sys (NASDAQ:BLDP)’s shares owned by insiders are 0.5%, whereas shares owned by institutional owners are 16.4%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -1.32%.
Ballard Power Sys (NASDAQ:BLDP) 52-week high price stands at $5.93 and low price stands at $1.89, its price distance from 52-week high is -45.07% while its distance from 52-week low price is 72.49%. The stock hit its 52-week high on 11/07/17, and 52-week low on 02/28/17.
Ballard Power Sys (NASDAQ:BLDP)’s trailing twelve month revenues are $111.7 Million, whereas its price to sales ratio for the same period is 5.19. Its book value per share for the most recent quarter is $0.69 while its price to book ratio for the same period is 4.72, as for as the company’s cash per share for the most recent quarter is $0.34, however its price to cash per share ratio for the same period is 9.64. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.