BLDP stock: buy or sell?

BLDP stock price: $12.04 8.86% At close on January 17th, 2020

Updated on:
January 17th, 2020

2

Ballard Power Systems shares skyrocketed 8.86% to $12.04 yesterday. Friday was the 5th green day in a row, marking 34.58%.

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:

Buy setupElegible
New all-time highNo
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

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.

Is BLDP a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-7-1Roth CapitalNeutralSell

BLDP stock analysis

Daily outlook

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.

BLDP stock chart (daily)

Weekly outlook

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 chart (weekly)

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 $3.00

Predicting 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:
BLDP stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-7-1Roth CapitalDowngradesn/a$3.00-
(in average)$0.00$3.000.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

On 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.
BLDP earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.01n/a
2017-Q2-n/an/an/a
2017-Q3-n/an/an/a
2017-Q42018-02-28n/a-0.01n/a
2018-Q12018-05-01-0.02-0.03n/a
2018-Q22018-08-01-0.04-0.02n/a
2018-Q32018-10-31-0.02-0.03n/a
2018-Q42019-03-06-0.02-0.04n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared 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%.

BLDP annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$63 M-$-20.60 M-32.6%-
2014$69 M8.89%$-27.87 M-40.6%35.28%
2015$56 M-17.84%$-5.82 M-10.3%-79.13%
2016$85 M51.02%$-21.69 M-25.4%272.95%
2017$121 M42.24%$-8.05 M-6.6%-62.89%
2018$97 M-20.37%$-27.32 M-28.3%239.50%

Quarterly financial results

Ballard 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%.
BLDP quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$30 M-$-3.88 M-12.9%-
2017-Q2$36 M18.95%$-1.61 M-4.5%-58.51%
2017-Q3$32 M-10.67%$-1.03 M-3.2%-36.21%
2017-Q4$40 M26.38%$-2.89 M-7.2%181.01%
2018-Q1$20 M-50.09%$-5.50 M-27.4%90.58%
2018-Q2$26 M31.63%$-4.32 M-16.3%-21.40%
2018-Q3$22 M-18.42%$-6.02 M-27.9%39.35%
2018-Q4$28 M32.00%$-11.48 M-40.3%90.50%

Ballard Power Systems ownership

When 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:

BLDPCPSTCSIQESNCPLUG
Market cap$2.8 B$26.1 M$1.3 B$0.7 M$1.2 B
Total shares233.5 M8.4 M59.3 M68.1 M291.8 M
Float shares181.0 M8.2 M41.9 M45.5 M229.9 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 selling0.0%0.0%0.0%0.0%0.0%

BLDP summary

Friday, January 17th, 2020
Open$11.22
Close$12.04
Day range$11.08 - $12.13
Previous close$11.06
Session gain8.86%
Average true range$0.69
50d mov avg$7.24
100d mov avg$6.23
200d mov avg$5.06
Daily patternlb02c
Weekly pattern lb03c

Ballard Power Systems performance

To 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.
Stock3m6m12m
BLDPBallard Power Sys...114.23%201.75%282.22%
CPSTCapstone Turbine-6.06%-58.11%-67.71%
CSIQCanadian Solar23.74%7.02%24.29%
ESNCEnSync0.00%0.00%-95.83%
PLUGPlug Power37.17%80.52%202.17%

Ballard Power Systems competitors

One check before investing in any stock is to review a list of its competitors, in this case for Ballard Power Systems. We selected 4 companies as Ballard Power Systems competitors as they are in the same industry or have similar market objectives.