Ballard Power Systems Inc (NASDAQ:BLDP) has a beta value of 1.84 and has seen 3.36 million shares traded in the recent trading session. The company, currently valued at $337.12M, closed the recent trade at $1.12 per share which meant it gained $0.02 on the day or 2.27% during that session. The BLDP stock price is -201.79% off its 52-week high price of $3.38 and 3.57% above the 52-week low of $1.08. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.66 million shares traded. The 3-month trading volume is 9.65 million shares.
The consensus among analysts is that Ballard Power Systems Inc (BLDP) is Hold stock at the moment, with a recommendation rating of 3.25. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 3 out of 6 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight.
Ballard Power Systems Inc (NASDAQ:BLDP) trade information
Sporting 2.27% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the BLDP stock price touched $1.12 or saw a rise of 12.5%. Year-to-date, Ballard Power Systems Inc shares have moved -32.23%, while the 5-day performance has seen it change -12.11%. Over the past 30 days, the shares of Ballard Power Systems Inc (NASDAQ:BLDP) have changed 0.45%. Short interest in the company has seen 15.84 million shares shorted with days to cover at 1.74.
Wall Street analysts have a consensus price target for the stock at $1.25, which means that the shares’ value could jump 10.4% from the levels at last check today. The projected low price target is $1.0 while the price target rests at a high of $2.0. In that case, then, we find that the latest price level in today’s session is -78.57% off the targeted high while a plunge would see the stock lose 10.71% from the levels at last check today.
Ballard Power Systems Inc (BLDP) estimates and forecasts
The company’s shares have lost -38.86% over the past 6 months. If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -45.23% over the past 5 years. Earnings growth for 2025 is a modest 64.19% while over the next 5 years, the company’s earnings are expected to increase by 36.08%.
BLDP Dividends
Ballard Power Systems Inc is expected to release its next earnings report on 2025-Mar-12 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Ballard Power Systems Inc (NASDAQ:BLDP)’s Major holders
Insiders own 15.52% of the company shares, while shares held by institutions stand at 28.50% with a share float percentage of 33.73%. Investors are also buoyed by the number of investors in a company, with Ballard Power Systems Inc having a total of 236.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 9.54 million shares worth more than $21.47 million. As of 2024-06-30, VANGUARD GROUP INC held 3.1912% of shares outstanding.
The other major institutional holder is LEGAL & GENERAL GROUP PLC, with the holding of over 7.83 million shares as of 2024-06-30. The firm’s total holdings are worth over $17.68 million and represent 2.6146% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Invesco Exchange-Traded Fund Trust-Invesco WilderHill Clean Energy ETF and GLOBAL X FUNDS-Global X Autonomous & Electric Vehicles ETF. As of Feb 28, 2025, the former fund manager holds about 0.92% shares in the company for having 2.74 shares of worth $3.13 million while later fund manager owns 2.33 shares of worth $2.65 million as of Feb 28, 2025, which makes it owner of about 0.78% of company’s outstanding stock.
