Ballard Power Systems (BLDP) Stock Price, News & Analysis

Company Overview

Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products. The company offers its products for power product comprising for bus, truck, rail, marine, stationary, and emerging market, such as material handling, off-road, and other applications. It also engages in the delivery of services, including technology solutions, after sales services, and training; and provision of engineering services, product and systems integration services, and related technology transfer for a variety of PEM fuel cell applications. It operates in the United States, Germany, Canada, China, Poland, the United Kingdom, the Netherlands, France, Denmark, Belgium, India, Taiwan, Spain, Norway, Australia, Japan, and internationally. The company has a strategic alliance with Linamar Corporation for the co-development and sale of fuel cell powertrains and components for class 1 and 2 vehicles in North America and Europe. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada.

Key Stats

• Today's Range: $1.31 to $1.37
• 50-Day Range: $1.27 to $1.84
• 52-Week Range: $1.23 to $4.02
• Volume: 2.42 million shs
• Average Volume: 4.32 million shs
• Market Capitalization: $398.23 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: $2.78
• Consensus Rating: Reduce

Ballard Power Systems Stock Analysis - MarketRank™

Ballard Power Systems scored higher than 56% of companies evaluated by MarketBeat, and ranked 379th out of 660 stocks in the computer and technology sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.9 / 5
• Analyst Rating: Reduce

Consensus Rating

Ballard Power Systems has received a consensus rating of Reduce. The company's average rating score is 1.73, and is based on 1 buy rating, 9 hold ratings, and 5 sell ratings.

Amount of Analyst Coverage

Ballard Power Systems has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: Growing

Earnings Growth

Earnings for Ballard Power Systems are expected to grow in the coming year, from ($0.54) to ($0.39) per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Ballard Power Systems is -1.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Ballard Power Systems is -1.21, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Book Value per Share Ratio

Ballard Power Systems has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.61% of the float of Ballard Power Systems has been sold short.

Short Interest Ratio / Days to Cover

Ballard Power Systems has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Ballard Power Systems has recently decreased by 5.10%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Ballard Power Systems does not currently pay a dividend.

Dividend Growth

Ballard Power Systems does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.61% of the float of Ballard Power Systems has been sold short.

Short Interest Ratio / Days to Cover

Ballard Power Systems has a short interest ratio ("days to cover") of 4.3.

Change versus previous month

Short interest in Ballard Power Systems has recently decreased by 5.10%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 1.8 / 5
• News Sentiment: 0.15

News Sentiment

Ballard Power Systems has a news sentiment score of 0.15. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.48 average news sentiment score of Computer and Technology companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Ballard Power Systems this week, compared to 3 articles on an average week.

Search Interest

9 people have searched for BLDP on MarketBeat in the last 30 days. This is an increase of 29% compared to the previous 30 days.

MarketBeat Follows

Only 3 people have added Ballard Power Systems to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Ballard Power Systems insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.16% of the stock of Ballard Power Systems is held by insiders.

Percentage Held by Institutions

Only 28.02% of the stock of Ballard Power Systems is held by institutions.

BLDP Stock Analysis - Frequently Asked Questions

How have BLDP shares performed this year?

Ballard Power Systems' stock was trading at $3.70 at the beginning of the year. Since then, BLDP stock has decreased by 64.1% and is now trading at $1.33.
View the best growth stocks for 2024 here.

How were Ballard Power Systems' earnings last quarter?

Ballard Power Systems Inc. (NASDAQ:BLDP) posted its quarterly earnings data on Monday, August, 12th. The technology company reported ($0.11) earnings per share for the quarter, topping the consensus estimate of ($0.13) by $0.02. Ballard Power Systems's revenue for the quarter was up 4.6% compared to the same quarter last year.

Does Ballard Power Systems have any subsidiaries?

Ballard Power Systems subsidiaries include these companies: Ballard Power Systems Europe A/S, Protonex Technology Corporation, Ballard Fuel Cell Systems Inc, Ballard Services Inc., Ballard Unmanned Systems Inc., BDF IP Holdings Ltd., and Guangzhou Ballard Power.

Who are Ballard Power Systems' major shareholders?

Top institutional investors of Ballard Power Systems include State Street Corp (0.91%), Van ECK Associates Corp (0.61%), Jane Street Group LLC (0.37%) and Barclays PLC (0.37%).

How do I buy shares of Ballard Power Systems?

Shares of BLDP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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What other stocks do shareholders of Ballard Power Systems own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Ballard Power Systems investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), Plug Power (PLUG), Charles Schwab (SCHW), Comcast (CMCSA), McKesson (MCK) and Toronto-Dominion Bank (TD).

Company Calendar

• Last Earnings: 8/12/2024
• Today: 11/19/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 3/10/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Computer and Technology
• Industry: Electrical industrial apparatus
• Sub-Industry: Electrical Equipment
• Current Symbol: NASDAQ:BLDP
• CUSIP: N/A
• CIK: 1453015
• Web: www.ballard.com
• Phone: (604) 454-0900
• Fax: 604-412-4700
• Employees: 1,173
• Year Founded: 1979

Price Target and Rating

• Average Stock Price Target: $2.78
• High Stock Price Target: $10.00
• Low Stock Price Target: $1.40
• Potential Upside/Downside: +109.4%
• Consensus Rating: Reduce
• Rating Score (0-4): 1.73
• Research Coverage: 15 Analysts

Profitability

• EPS (Most Recent Fiscal Year): ($1.10)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-177,720,000.00
• Net Margins: -357.78%
• Pretax Margin: -354.28%
• Return on Equity: -19.96%
• Return on Assets: -17.98%

Debt

• Debt-to-Equity Ratio: 0.03
• Current Ratio: 9.01
• Quick Ratio: 8.19

Sales & Book Value

• Annual Sales: $102.37 million
• Price / Sales: 3.89
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $3.32 per share
• Price / Book: 0.40

Miscellaneous

• Outstanding Shares: 299,420,000
• Free Float: 298,942,000
• Market Cap: $398.23 million
• Optionable: Optionable
• Beta: 1.78