Ballard Power Systems Inc (NASDAQ:BLDP) has a beta value of 1.75 and has seen 5.26 million shares traded in the last trading session. The company, currently valued at $557.68M, closed the last trade at $1.86 per share which meant it lost -$0.01 on the day or -0.53% during that session. The BLDP stock price is -45.7% off its 52-week high price of $2.71 and 46.24% above the 52-week low of $1.00.
The consensus among analysts is that Ballard Power Systems Inc (BLDP) is Hold stock at the moment, with a recommendation rating of 3.40. 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 -0.53% in the red in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the BLDP stock price touched $1.86 or saw a rise of 6.53%. Year-to-date, Ballard Power Systems Inc shares have moved -21.85%, while the 5-day performance has seen it change 9.41%. Over the past 30 days, the shares of Ballard Power Systems Inc (NASDAQ:BLDP) have changed 10.71%.
Wall Street analysts have a consensus price target for the stock at $1.27, which means that the shares’ value could drop -46.46% from current levels. 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 current price level is -7.53% off the targeted high while a plunge would see the stock lose 46.24% from current levels.
Ballard Power Systems Inc (BLDP) estimates and forecasts
The company’s shares have gained 5.08% 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 67.40% while over the next 5 years, the company’s earnings are expected to increase by 35.48%.
BLDP Dividends
Ballard Power Systems Inc is expected to release its next earnings report in August 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
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 3.1871% of shares outstanding.
The other major institutional holder is LEGAL & GENERAL GROUP PLC, with the holding of over 7.81 million shares as of 2024-06-30. The firm’s total holdings are worth over $17.64 million and represent 2.6095% of shares outstanding.
