In last trading session, Ballard Power Systems Inc (NASDAQ:BLDP) saw 5.08 million shares changing hands with its beta currently measuring 1.74. Company’s recent per share price level of $1.47 trading at -$0.03 or -2.00% at ring of the bell on the day assigns it a market valuation of $440.15M. That closing price of BLDP’s stock is at a discount of -129.93% from its 52-week high price of $3.38 and is indicating a premium of 16.33% from its 52-week low price of $1.23.
For Ballard Power Systems Inc (BLDP), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3.25. Splitting up the data highlights that, out of 6 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.13 in the current quarter.
Ballard Power Systems Inc (NASDAQ:BLDP) trade information
Upright in the red during last session for losing -2.00%, in the last five days BLDP remained trading in the green while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $1.47 price level, adding 4.55% to its value on the day. Ballard Power Systems Inc’s shares saw a change of -11.45% in year-to-date performance and have moved 11.36% in past 5-day. Ballard Power Systems Inc (NASDAQ:BLDP) showed a performance of -6.96% in past 30-days.
Wall Street analysts have assigned a consensus price target of 4 to the stock, which implies a rise of 63.25% to its current value. Analysts have been projecting 1.5 as a low price target for the stock while placing it at a high target of 15. It follows that stock’s current price would drop -2.04% in reaching the projected high whereas dropping to the targeted low would mean a loss of -2.04% for stock’s current value.
Ballard Power Systems Inc (BLDP) estimates and forecasts
This year revenue growth is estimated to fall -26.43% from the last financial year’s standing.
15 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 28.55M for the same. And 11 analysts are in estimates of company making revenue of 17.1M in the next quarter. Company posted 46.75M and 14.45M of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -32.26% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -76.77% while estimates for its earnings growth in next 5 years are of 16.54%.
Ballard Power Systems Inc (NASDAQ:BLDP)’s Major holders
VANGUARD GROUP INC is the top institutional holder at BLDP for having 9.54 million shares of worth $21.47 million. And as of 2024-06-30, it was holding 3.1912 of the company’s outstanding shares.
The second largest institutional holder is LEGAL & GENERAL GROUP PLC, which was holding about 7.83 million shares on 2024-06-30. The number of shares represents firm’s hold over 2.6146 of outstanding shares, having a total worth of $17.68 million.
On the other hand, Invesco ETF Tr-Invesco Wilderhill Clean Energy ETF and Global X Fds-Global X Autonomous & Electric Vehicles ETF are the top two Mutual Funds which own company’s shares. As of Nov 30, 2024 , the former fund manager was holding 2.6 shares of worth $3.82 million or 0.87% of the total outstanding shares. The later fund manager was in possession of 1.76 shares on Nov 30, 2024 , making its stake of worth around $2.59 million in the company or a holder of 0.59% of company’s stock.
