BLDP stock: buy or sell?
January 17th, 2020
Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cells worldwide.
Should I buy BLDP stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best time to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Just 1 of our buy setups matches with Ballard Power Systems stock now:
|New all-time high||No|
|New 52 week high||Yes|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Ballard Power Systems stock a buy?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we found 1 rating published for BLDP stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
BLDP stock analysis
Shares of Ballard Power Systems skyrocketed a dazzling 8.86% and closed at $12.04.
Shares of Ballard Power Systems ended yesterday at $12.04 and skyrocketed a dazzling 8.86%. BLDP shows a sign of strength in the short-term after finally breaking out above $7.26 on Dec 27th and marking a new rising bottom.
Ballard Power Systems shares skyrocketed 32.75% this week, ending at $12.04. This week was the 5th green week in a row.
Ballard Power Systems shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom early December, BLDP stock climbed unceasignly breaking out above its last top at $7.30. By mid May 2019, SMA20w and SMA40w crossed up triggering a rise of 251.02%. Late April 2019 BLDP price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
BLDP stock price history
BLDP stock went public on November 8th, 1995 with a price of $3.751. Since then, BLDP stock surged a 221.10%, with an average of 9.20% per year. If you had invested $1,000 in BLDP stock in 1995, it would worth $2,211.00 today.
1: Adjusted price after possible price splits or reverse-splits.
BLDP stock historical price chart
BLDP stock reached 52-week highs yesterday at $12.13, and all-time highs 2000-03-02 with a price of 144.94.
BLDP stock price target is $3.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' BLDP stock price predictions in the hope that they will be met as they may be wrong and not met. Currently, only 1 price forecast for Ballard Power Systems stock was published in the last 30 days:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareOn March, Ballard Power Systems reported its latest financial data, posting an astounding climb for the Earnings per Share (EPS) ratio. Experts were expecting $-0.02 per share, but Ballard Power Systems posted $-0.04.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a dreadful loss of -20.37% to $96.59 M USD. When comparing 2018 vs 2017, aligned with this, profit margin (that is, the net income divided by revenues) plunged a -21.65% to -28.29%.
|2013||$63 M||-||$-20.60 M-32.6%||-|
|2014||$69 M||8.89%||$-27.87 M-40.6%||35.28%|
|2015||$56 M||-17.84%||$-5.82 M-10.3%||-79.13%|
|2016||$85 M||51.02%||$-21.69 M-25.4%||272.95%|
|2017||$121 M||42.24%||$-8.05 M-6.6%||-62.89%|
|2018||$97 M||-20.37%||$-27.32 M-28.3%||239.50%|
Quarterly financial resultsBallard Power Systems reported $28.48 M in sales for 2018-Q4, a 32.00% up compared to previous quarter. Reported quarter income marked $-11.48 million with a profit margin of -40.30%. Profit margin plunged a -12.38% compared to previous quarter when profit margin was -27.92%. When comparing turnover to same quarter last year, Ballard Power Systems sales marked a spooky decrease and collapsed a -29.26%.
|2017-Q1||$30 M||-||$-3.88 M-12.9%||-|
|2017-Q2||$36 M||18.95%||$-1.61 M-4.5%||-58.51%|
|2017-Q3||$32 M||-10.67%||$-1.03 M-3.2%||-36.21%|
|2017-Q4||$40 M||26.38%||$-2.89 M-7.2%||181.01%|
|2018-Q1||$20 M||-50.09%||$-5.50 M-27.4%||90.58%|
|2018-Q2||$26 M||31.63%||$-4.32 M-16.3%||-21.40%|
|2018-Q3||$22 M||-18.42%||$-6.02 M-27.9%||39.35%|
|2018-Q4||$28 M||32.00%||$-11.48 M-40.3%||90.50%|
Ballard Power Systems ownershipWhen you are planning to invest in a company, it's always worth to review its ownership structure.
Ballard Power Systems shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 29.87% of all shares.
In case of Ballard Power Systems stock, 6.27% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for BLDP stock account 0.00%, no big difference from last month.
For a better understanding, the following table shows ownership data compared to other related companies:
|Market cap||$2.8 B||$26.1 M||$1.3 B||$0.7 M||$1.2 B|
|Total shares||233.5 M||8.4 M||59.3 M||68.1 M||291.8 M|
|Float shares||181.0 M||8.2 M||41.9 M||45.5 M||229.9 M|
|- Institutional holdings (%)||6.3%||13.3%||47.1%||0.1%||30.1%|
|- Insider holdings (%)||29.9%||2.8%||23.5%||9.6%||1.2%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, January 17th, 2020|
|Day range||$11.08 - $12.13|
|Average true range||$0.69|
|50d mov avg||$7.24|
|100d mov avg||$6.23|
|200d mov avg||$5.06|
Ballard Power Systems performanceTo measure stock performance is always good to compare with competitors or related stocks. We chose Capstone Turbine, Canadian Solar, EnSync and Plug Power as the bechmarking frame for Ballard Power Systems stock.
|BLDPBallard Power Sys...||114.23%||201.75%||282.22%|