Currently, there are 299.44M common shares owned by the public and among those 245.87M shares have been available to trade.
The company’s stock has a 5-day price change of 15.60% and -7.35% over the past three months. BLDP shares are trading -24.10% year to date (YTD), with the 12-month market performance down to -50.39% lower. It has a 12-month low price of $1.00 and touched a high of $3.34 over the same period. BLDP has an average intraday trading volume of 9.41 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 9.90%, 1.74%, and -20.71% respectively.
Institutional ownership of Ballard Power Systems Inc (NASDAQ: BLDP) shares accounts for 20.46% of the company’s 299.44M shares outstanding.
It has a market capitalization of $377.57M and a beta (3y monthly) value of 1.68. The earnings-per-share (ttm) stands at -$1.08. Price movements for the stock have been influenced by the stock’s volatility, which stands at 5.41% over the week and 7.28% over the month.
Analysts forecast that Ballard Power Systems Inc (BLDP) will achieve an EPS of -0.11 for the current quarter, -0.11 for the next quarter and -0.37 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.14 while analysts give the company a high EPS estimate of -0.14. Comparatively, EPS for the current quarter was -0.14 a year ago. Earnings per share for the fiscal year are expected to increase by 63.70%, and 8.42% over the next financial year. EPS should grow at an annualized rate of 36.06% over the next five years, compared to -45.23% over the past 5-year period.
Looking at the support for the BLDP, a number of firms have released research notes about the stock. Citigroup stated their Sell rating for the stock in a research note on April 17, 2025, with the firm’s price target at $1. TD Securities was of a view on August 12, 2024 that the stock is Sell, while HSBC Securities gave the stock Buy rating on October 24, 2023, issuing a price target of $4.50. HSBC Securities on their part issued Hold rating on September 25, 2023.
