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Ballard Power Systems (BLDP)
NASDAQ:BLDP
Ballard Power Systems (BLDP) Stock Price & Analysis
2,913 Followers
BLDP Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$2.42 - $5.68
Previous Close$3.07
Volume4.72M
Average Volume (3M)3.07M
Market Cap
$923.73M
Enterprise Value$230.07M
Total Cash (Recent Filing)$722.78M
Total Debt (Recent Filing)$29.12M
Price to Earnings (P/E)-5.0
Beta1.97
Next Earnings
Aug 07, 2024EPS Estimate
-$0.13Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.62
Shares Outstanding299,036,564
10 Day Avg. Volume3,247,127
30 Day Avg. Volume3,067,986
Standard Deviation0.18
R-Squared0.24
Alpha-0.00627
Financial Highlights & Ratios
Price to Book (P/B)1.54
Price to Sales (P/S)8.97
Price to Cash Flow (P/CF)-11.60
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue2.22
Enterprise Value/Gross Profit-10.54
Enterprise Value/Ebitda-1.64
Forecast
1Y Price Target
$4.13Price Target Upside34.53% Upside
Rating ConsensusHold
Number of Analyst Covering15
Ballard Power Systems News
PremiumCompany Announcements
Ballard Power’s Q1 Financial Snapshot
PremiumCompany Announcements
Ballard Power Gains Momentum in Q1 2024
PremiumCompany Announcements
Ballard Power Announces Growth and Funding WinsPremiumPress Releases
Ballard Reports Q1 2024 Results
Bulls Say, Bears Say
Bulls Say
Financial PerformanceCash flow from operations beat the consensus estimates by 47%, indicating efficient management and a stronger financial position.
Government FundingThe company received US gov’t funding of $94MM that will be used towards the construction of a fuel cell gigafactory in Rockwall, TX.
Market ExpansionBallard Power Systems has significant market opportunities in the North American and European bus markets, with expectations to triple in size over the next few years.
Bears Say
Company OutlookContraction of backlog and 12-month order book is concerning, as it puts downward pressure on future revenue.
Financial PerformanceFree cash flow deficits are running about -$30MM per quarter and new large-scale manufacturing facility will require significant spending.
Market ExpectationsFirst quarter revenues and gross margin came in below analyst and consensus estimates.
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Ownership Overview
15.90% Insiders
2.34% Mutual Funds
15.71% Other Institutional Investors
66.04% Public Companies and Individual Investors
BLDP FAQ
What was Ballard Power Systems’s price range in the past 12 months?
Ballard Power Systems lowest stock price was $2.42 and its highest was $5.68 in the past 12 months.
What is Ballard Power Systems’s market cap?
Currently, no data Available
When is Ballard Power Systems’s upcoming earnings report date?
Ballard Power Systems’s upcoming earnings report date is Aug 07, 2024 which is in 80 days.
How were Ballard Power Systems’s earnings last quarter?
Ballard Power Systems released its earnings results on May 07, 2024. The company reported -$0.141 earnings per share for the quarter, missing the consensus estimate of -$0.14 by >-$0.001.
Is Ballard Power Systems overvalued?
According to Wall Street analysts Ballard Power Systems’s price is currently Undervalued.
Does Ballard Power Systems pay dividends?
Ballard Power Systems does not currently pay dividends.
What is Ballard Power Systems’s EPS estimate?
Ballard Power Systems’s EPS estimate is -$0.13.
How many shares outstanding does Ballard Power Systems have?
Ballard Power Systems has 299,387,480 shares outstanding.
What happened to Ballard Power Systems’s price movement after its last earnings report?
Ballard Power Systems reported an EPS of -$0.141 in its last earnings report, missing expectations of -$0.14. Following the earnings report the stock price went up 0.353%.
Which hedge fund is a major shareholder of Ballard Power Systems?
Currently, no hedge funds are holding shares in BLDP
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Ballard Power Systems Stock Smart Score
Underperform
1
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5
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9
10
Analyst Consensus
Hold
Average Price Target:
$4.13 (34.53% Upside)
$4.13 (34.53% Upside)
Blogger Sentiment
Bullish
BLDP Sentiment 83%
Sector Average 69%
Sector Average 69%
Insider Transactions
Sold Shares
Worth $7.2K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Neutral
Last 7 Days ▼ 0.9%
Last 30 Days ▲ 1.1%
Last 30 Days ▲ 1.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-32.52%
12-Months-Change
Fundamentals
Return on Equity
-14.56%
Trailing 12-Months
Asset Growth
-13.20%
Trailing 12-Months
Company Description
Ballard Power Systems
Ballard Power Systems Inc is a clean energy growth company. The company is engaged in proton exchange membrane fuel cell development and commercialization. The company's main business is the design, development, manufacture, sale, and service of fuel cell products for a variety of applications, focusing on motive power (material handling and buses) and stationary power (back-up power, supplemental power, and distributed generation). A fuel cell is an environmentally clean electrochemical device that combines hydrogen fuel with oxygen (from the air) to produce electricity. Geographically, it has a presence in China, Europe, North America and other of which Europe generates maximum revenue.
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BLDP Earnings Call
Q1 2024
0:00 / 0:00
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BLDP Stock 12 Month Forecast
Average Price Target
$4.13
▲(34.53% Upside)
Technical Analysis
Best Analysts Covering BLDP
1 Year
1 Year Success Rate
5/9 ratings generated profit
1 Year Average Return
+8.67%
assigned a buy rating 12 days ago
Copying Robert Brown's trades and holding each position for 1 Year would result in 55.56% of your transactions generating a profit, with an average return of +8.67% per trade.
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