Ballard Energy Programs Inc. (NASDAQ:BLDP – Free Report) (TSE:BLD) – Equities analysis analysts at Nationwide Financial institution Monetary upped their FY2024 EPS estimates for shares of Ballard Energy Programs in a notice issued to buyers on Tuesday, November fifth. Nationwide Financial institution Monetary analyst R. Merer now forecasts that the know-how firm will earn ($0.49) per share for the 12 months, up from their earlier estimate of ($0.50). The consensus estimate for Ballard Energy Programs’ present full-year earnings is ($0.48) per share. Nationwide Financial institution Monetary additionally issued estimates for Ballard Energy Programs’ FY2025 earnings at ($0.37) EPS.
Ballard Energy Programs (NASDAQ:BLDP – Get Free Report) (TSE:BLD) final launched its quarterly earnings outcomes on Monday, August twelfth. The know-how firm reported ($0.11) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.02. The corporate had income of $16.00 million for the quarter, in comparison with analyst estimates of $19.36 million. Ballard Energy Programs had a unfavorable return on fairness of 19.96% and a unfavorable internet margin of 357.78%. The agency’s income was up 4.6% on a year-over-year foundation. Throughout the identical interval within the earlier 12 months, the corporate posted ($0.10) earnings per share.
A number of different equities analysis analysts have additionally commented on the inventory. TD Securities lowered shares of Ballard Energy Programs from a “maintain” score to a “promote” score and dropped their worth goal for the inventory from $2.50 to $1.50 in a analysis notice on Monday, August twelfth. Citigroup dropped their worth goal on Ballard Energy Programs from $3.50 to $2.00 and set a “impartial” score on the inventory in a analysis report on Monday, September thirtieth. Truist Monetary decreased their worth goal on Ballard Energy Programs from $3.00 to $2.00 and set a “maintain” score for the corporate in a analysis report on Tuesday, August thirteenth. Jefferies Monetary Group dropped their goal worth on Ballard Energy Programs from $3.25 to $2.00 and set a “maintain” score on the inventory in a report on Tuesday, August thirteenth. Lastly, StockNews.com upgraded Ballard Energy Programs to a “promote” score in a report on Friday, November 1st. Six analysts have rated the inventory with a promote score, 9 have given a maintain score and one has assigned a purchase score to the inventory. Based on MarketBeat, the inventory has a mean score of “Maintain” and a mean worth goal of $2.78.
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Ballard Energy Programs Inventory Efficiency
Shares of BLDP inventory opened at $1.35 on Friday. The corporate’s fifty day transferring common worth is $1.67 and its 200-day transferring common worth is $2.20. The inventory has a market cap of $404.22 million, a PE ratio of -1.23 and a beta of 1.78. The corporate has a present ratio of 9.01, a fast ratio of 10.05 and a debt-to-equity ratio of 0.03. Ballard Energy Programs has a 12 month low of $1.27 and a 12 month excessive of $4.02.
Hedge Funds Weigh In On Ballard Energy Programs
Hedge funds and different institutional buyers have lately purchased and bought shares of the inventory. Banque Cantonale Vaudoise raised its holdings in shares of Ballard Energy Programs by 7.7% through the third quarter. Banque Cantonale Vaudoise now owns 190,433 shares of the know-how firm’s inventory valued at $343,000 after buying an extra 13,639 shares over the last quarter. Mirae Asset World Investments Co. Ltd. grew its place in Ballard Energy Programs by 12.7% within the third quarter. Mirae Asset World Investments Co. Ltd. now owns 291,019 shares of the know-how firm’s inventory price $535,000 after buying an extra 32,909 shares through the interval. 3Chopt Funding Companions LLC bought a brand new stake in Ballard Energy Programs through the 2nd quarter valued at $219,000. Susquehanna Basic Investments LLC purchased a brand new place in shares of Ballard Energy Programs through the 2nd quarter valued at $204,000. Lastly, Scientech Analysis LLC bought a brand new place in shares of Ballard Energy Programs within the 2nd quarter price $52,000. Institutional buyers personal 28.02% of the corporate’s inventory.
Ballard Energy Programs Firm Profile
Ballard Energy Programs Inc engages within the design, growth, manufacture, sale, and repair of proton change membrane (PEM) gas cell merchandise. The corporate presents its merchandise for energy product comprising for bus, truck, rail, marine, stationary, and rising market, comparable to materials dealing with, off-road, and different functions.
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