TD Securities upgraded shares of BlackBerry (TSE:BB - Free Report) NASDAQ: BBRY from a hold rating to a strong-buy rating in a report issued on Friday,Zacks.com reports.
BlackBerry Stock Performance
Shares of TSE:BB traded up C$0.99 during trading on Friday, hitting C$5.27. 13,594,716 shares of the company were exchanged, compared to its average volume of 2,274,682. The company has a market cap of C$3.11 billion, a PE ratio of -17.00, a P/E/G ratio of 0.06 and a beta of 1.07. BlackBerry has a 52-week low of C$2.89 and a 52-week high of C$5.31. The company has a debt-to-equity ratio of 34.15, a current ratio of 1.44 and a quick ratio of 1.49. The stock has a 50 day moving average of C$3.58 and a 200 day moving average of C$3.44.
BlackBerry (TSE:BB - Get Free Report) NASDAQ: BBRY last issued its quarterly earnings data on Thursday, September 26th. The company reported C($0.02) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of C($0.05) by C$0.03. The business had revenue of C$198.60 million for the quarter. BlackBerry had a negative return on equity of 17.68% and a negative net margin of 21.66%. As a group, equities research analysts predict that BlackBerry will post 0.0551903 EPS for the current year.
About BlackBerry
(
Get Free Report)
BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylanceENDPOINT, an integrated endpoint security solution; CylanceGUARD, a managed detection and response solution; CylanceEDGE, an AI-powered continuous authentication zero trust network access solution; CylanceINTELLIGENCE, a contextual cyber threat intelligence service; BlackBerry Dynamics offers a development platform and secure container for mobile applications; BlackBerry Workspaces a secure Enterprise File Sync and Share (EFSS) solution; BlackBerry Messenger (BBM) Enterprise, an enterprise-grade secure instant messaging solution for messaging, voice and video; BlackBerry SecuSUITE is a certified, multi-OS voice and text messaging solution; BlackBerry AtHoc, a secure networked critical event management solution; and BlackBerry unified endpoint management (UEM) solutions.
Featured Articles
Before you consider BlackBerry, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and BlackBerry wasn't on the list.
While BlackBerry currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
