Ballard Power Systems Stock Analysis
BLDP Stock | USD 2.54 0.07 2.68% |
Ballard Power Systems is undervalued with Real Value of 3.31 and Target Price of 6.04. The main objective of Ballard Power stock analysis is to determine its intrinsic value, which is an estimate of what Ballard Power Systems is worth, separate from its market price. There are two main types of Ballard Power's stock analysis: fundamental analysis and technical analysis. Fundamental analysis focuses on the financial and economic factors that affect Ballard Power's performance, such as revenue growth, earnings, and financial stability. Technical analysis, on the other hand, focuses on the price and volume data of Ballard Power's stock to identify patterns and trends that may indicate its future price movements.
The Ballard Power stock is traded in the USA on NASDAQ Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Ballard Power is usually not traded on Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day, Juneteenth Holiday, Independence Day, Labour Day. Ballard Stock trading window is adjusted to America/New York timezone. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and Ballard Power's ongoing operational relationships across important fundamental and technical indicators.
Ballard |
Ballard Stock Analysis Notes
About 16.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.89. Some equities with similar Price to Book (P/B) outperform the market in the long run. Ballard Power Systems recorded a loss per share of 0.48. The entity had not issued any dividends in recent years. The firm had 3:1 split on the 3rd of June 1998. Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane fuel cell products. Ballard Power Systems Inc. was founded in 1979 and is headquartered in Burnaby, Canada. Ballard Power is traded on NASDAQ Exchange in the United States. For more info on Ballard Power Systems please contact Randall MacEwen at 604 454 0900 or go to https://www.ballard.com.Ballard Power Quarterly Total Revenue |
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Ballard Power Systems Investment Alerts
Many investors view ongoing market volatility as an opportunity to purchase more stocks at a favorable price or short it to generate a bearish trend profit opportunity. If you are one of those investors, make sure you clearly understand the position you are entering. Ballard Power's investment alerts are automatically generated signals that are significant enough to either complement your investing judgment regarding Ballard Power Systems or challenge it. These alerts can help you understand what you are buying and avoid costly mistakes.
Ballard Power generated a negative expected return over the last 90 days | |
Ballard Power has high historical volatility and very poor performance | |
The company reported the previous year's revenue of 104.25 M. Net Loss for the year was (146.85 M) with loss before overhead, payroll, taxes, and interest of (13.1 M). | |
Ballard Power Systems currently holds about 957.43 M in cash with (106.49 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.21, which can makes it an attractive takeover target, given it will continue generating positive cash flow. | |
Ballard Power has a frail financial position based on the latest SEC disclosures | |
Roughly 16.0% of the company shares are held by company insiders | |
Latest headline from seekingalpha.com: Ballard Power wins orders for 70 hydrogen fuel cell engines from U.K. bus maker |
Ballard Power Systems Upcoming and Recent Events
Earnings reports are used by Ballard Power to provide an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Every quarterly earnings report provides investors with three things: an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Ballard Power previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
15th of March 2024 Upcoming Quarterly Report | View | |
8th of May 2024 Next Financial Report | View | |
31st of December 2023 Next Fiscal Quarter End | View | |
15th of March 2024 Next Fiscal Year End | View | |
30th of September 2023 Last Quarter Report | View | |
31st of December 2022 Last Financial Announcement | View |
Ballard Largest EPS Surprises
Earnings surprises can significantly impact Ballard Power's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
---|---|---|---|---|---|---|---|
2021-05-03 | 2021-03-31 | -0.05 | -0.06 | -0.01 | 20 | ||
2021-03-10 | 2020-12-31 | -0.04 | -0.05 | -0.01 | 25 | ||
2020-08-05 | 2020-06-30 | -0.04 | -0.05 | -0.01 | 25 |
Ballard Power Thematic Classifications
In addition to having Ballard Power stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Disruptive TechnologiesFirms and ETFs that are involved or betting on industries or trends that are projected to experience exponential growth | ||
Alternative EnergyCompanies, funds and ETFs that are involved in development and popularizing of alternative energy |
Ballard Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Ballard Power is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Ballard Power Systems backward and forwards among themselves. Ballard Power's institutional investor refers to the entity that pools money to purchase Ballard Power's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Barclays Plc | 2023-12-31 | 1.5 M | First Trust Advisors L.p. | 2023-12-31 | 1.5 M | Great West Life Assurance Co | 2023-12-31 | 1.3 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 1.3 M | Two Sigma Investments Llc | 2023-12-31 | 994.2 K | Credit Suisse First Boston (csfb) | 2023-12-31 | 984.8 K | Bank Of Montreal | 2023-12-31 | 949 K | Bmo Capital Markets Corp. | 2023-12-31 | 949 K | Zurcher Kantonalbank | 2023-12-31 | 865.4 K | Vanguard Group Inc | 2023-12-31 | 9.2 M | Public Investment Fund | 2023-12-31 | 7 M |
Ballard Market Capitalization
The company currently falls under 'Small-Cap' category with a current market capitalization of 780.49 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Ballard Power's market, we take the total number of its shares issued and multiply it by Ballard Power's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Ballard Profitablity
Ballard Power's profitability indicators refer to fundamental financial ratios that showcase Ballard Power's ability to generate income relative to its revenue or operating costs. If, let's say, Ballard Power is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, Ballard Power's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of Ballard Power's profitability requires more research than a typical breakdown of Ballard Power's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of (1.74) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (1.57) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $1.57. Last Reported | Projected for Next Year | ||
Return On Tangible Assets | (0.18) | (0.18) | |
Return On Capital Employed | (0.16) | (0.17) | |
Return On Assets | (0.17) | (0.18) | |
Return On Equity | (0.18) | (0.19) |
Management Efficiency
Ballard Power Systems has return on total asset (ROA) of (0.0864) % which means that it has lost $0.0864 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.1341) %, meaning that it created substantial loss on money invested by shareholders. Ballard Power's management efficiency ratios could be used to measure how well Ballard Power manages its routine affairs as well as how well it operates its assets and liabilities. As of 04/25/2024, Return On Tangible Assets is likely to drop to -0.18. In addition to that, Return On Capital Employed is likely to drop to -0.17. At this time, Ballard Power's Liabilities And Stockholders Equity is relatively stable compared to the past year. As of 04/25/2024, Non Current Liabilities Other is likely to grow to about 2.5 M, while Total Current Liabilities is likely to drop slightly above 45.9 M.Last Reported | Projected for Next Year | ||
Book Value Per Share | 3.30 | 3.28 | |
Net Current Asset Value | 449.4 M | 471.9 M | |
Tangible Asset Value | 573 M | 601.6 M | |
Tangible Book Value Per Share | 3.16 | 2.53 | |
Enterprise Value Over EBITDA | (2.47) | (2.35) | |
Price Book Value Ratio | 1.12 | 1.06 | |
Enterprise Value Multiple | (2.47) | (2.35) | |
Price Fair Value | 1.12 | 1.06 | |
Enterprise Value | 375.6 M | 356.8 M |
The analysis of Ballard Power's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze Ballard Power's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of Ballard Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Beta 1.629 |
Technical Drivers
As of the 25th of April, Ballard Power shows the Standard Deviation of 4.0, mean deviation of 2.87, and Risk Adjusted Performance of (0.02). Ballard Power Systems technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down thirteen technical drivers for Ballard Power Systems, which can be compared to its peers. Please confirm Ballard Power Systems standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and kurtosis to decide if Ballard Power Systems is priced correctly, providing market reflects its regular price of 2.54 per share. Please also double-check Ballard Power Systems jensen alpha, which is currently at (0.37) to validate the company can sustain itself at a future point.Ballard Power Systems Price Movement Analysis
The output start index for this execution was two with a total number of output elements of fifty-nine. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Ballard Power middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Ballard Power Systems. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
Ballard Power Predictive Daily Indicators
Ballard Power intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Ballard Power stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Ballard Power Corporate Filings
6K | 16th of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 9th of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 1st of April 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 27th of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
6K | 14th of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
12th of March 2024 Other Reports | ViewVerify | |
11th of March 2024 Other Reports | ViewVerify | |
6K | 5th of March 2024 A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges. | ViewVerify |
Ballard Power Forecast Models
Ballard Power's time-series forecasting models are one of many Ballard Power's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Ballard Power's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.About Ballard Stock Analysis
Stock analysis is the technique used by a trader or investor to examine and evaluate how Ballard Power prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Ballard shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Ballard Power. By using and applying Ballard Stock analysis, traders can create a robust methodology for identifying Ballard entry and exit points for their positions.
Last Reported | Projected for Next Year | ||
Pretax Profit Margin | (1.31) | (1.24) | |
Operating Profit Margin | (1.58) | (1.66) | |
Net Loss | (1.74) | (1.65) | |
Gross Profit Margin | (0.30) | (0.28) |
Current Ballard Analysis - Recommendations
We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Ballard analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Ballard analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target Price | Advice | # of Analysts | |
6.04 | Buy | 21 | Odds |
Most Ballard analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Ballard stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Ballard Power Systems, talking to its executives and customers, or listening to Ballard conference calls.
Ballard Stock Analysis Indicators
Ballard Power Systems stock analysis indicators help investors evaluate how Ballard Power stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Ballard Power shares will generate the highest return on investment. By understating and applying Ballard Power stock analysis, traders can identify Ballard Power position entry and exit signals to maximize returns.
Begin Period Cash Flow | 913.3 M | |
Total Stockholder Equity | 986.1 M | |
Capital Lease Obligations | 17.9 M | |
Total Liab | 85.9 M | |
Property Plant And Equipment Net | 115.7 M | |
Cash And Short Term Investments | 749.4 M | |
Net Invested Capital | 991.2 M | |
Cash | 747.3 M | |
50 Day M A | 2.984 | |
Net Interest Income | -1.1 M | |
Total Current Liabilities | 70.2 M | |
Investments | -54.3 M | |
Interest Expense | 1.1 M | |
Stock Based Compensation | 11 M | |
Common Stock Shares Outstanding | 298.7 M | |
Tax Provision | 158 K | |
Free Cash Flow | -148.6 M | |
Other Current Assets | 7 M | |
Accounts Payable | 13.7 M | |
Net Debt | -729.5 M | |
Other Operating Expenses | 269.1 M | |
Non Current Assets Total | 211.7 M | |
Liabilities And Stockholders Equity | 1.1 B | |
Non Currrent Assets Other | 544.2 K |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ballard Power Systems. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. Note that the Ballard Power Systems information on this page should be used as a complementary analysis to other Ballard Power's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Ballard Stock analysis
When running Ballard Power's price analysis, check to measure Ballard Power's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Ballard Power is operating at the current time. Most of Ballard Power's value examination focuses on studying past and present price action to predict the probability of Ballard Power's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ballard Power's price. Additionally, you may evaluate how the addition of Ballard Power to your portfolios can decrease your overall portfolio volatility.
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Is Ballard Power's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ballard Power. If investors know Ballard will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ballard Power listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.48) | Revenue Per Share 0.343 | Quarterly Revenue Growth 0.292 | Return On Assets (0.09) | Return On Equity (0.13) |
The market value of Ballard Power Systems is measured differently than its book value, which is the value of Ballard that is recorded on the company's balance sheet. Investors also form their own opinion of Ballard Power's value that differs from its market value or its book value, called intrinsic value, which is Ballard Power's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ballard Power's market value can be influenced by many factors that don't directly affect Ballard Power's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ballard Power's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ballard Power is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ballard Power's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.