Ballard Power Systems Stock Today
| BLDP Stock | USD 2.63 0.06 2.23% |
Performance0 of 100
| Odds Of DistressLess than 6
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Ballard Power is selling at 2.63 as of the 19th of April 2024; that is -2.23% down since the beginning of the trading day. The stock's last reported lowest price was 2.6. Ballard Power has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Ballard Power Systems are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
Business Domain Capital Goods | IPO Date 8th of November 1995 | Category Industrials |
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.. The company has 299.04 M outstanding shares of which 23 M shares are currently shorted by private and institutional investors with about 7.73 trading days to cover. More on Ballard Power Systems
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Follow Valuation Options Odds of Bankruptcy
Financial Report 8th of May 2024
Ballard Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Ballard Power's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Ballard Power or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO and President and Director | Randall MacEwen | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Electrical Components & Equipment, Specialty Industrial Machinery, Industrials, NASDAQ Composite, NASDAQ Composite Total, SP TSX Composite, Disruptive Technologies, Alternative Energy, Industrials, Electrical Equipment, Specialty Industrial Machinery, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Ballard Power report their recommendations after researching Ballard Power's financial statements, talking to executives and customers, or listening in on Ballard Power's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Ballard Power Systems. The Ballard consensus assessment is calculated by taking the average forecast from all of the analysts covering Ballard Power. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of Ballard Power's profitability, liquidity, and operating efficiency, Ballard Power Systems may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Ballard Power Systems is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Ballard Power's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Ballard Power's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Ballard Power's financial leverage. It provides some insight into what part of Ballard Power's total assets is financed by creditors.
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Ballard Power Systems (BLDP) is traded on NASDAQ Exchange in USA. It is located in 9000 Glenlyon Parkway, Burnaby, BC, Canada, V5J 5J8 and employs 1,173 people. Ballard Power is listed under Electrical Components & Equipment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 804.41 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 Power Systems conducts business under Electrical Equipment sector and is part of Industrials industry. The entity has 299.04 M outstanding shares of which 23 M shares are currently shorted by private and institutional investors with about 7.73 trading days to cover.
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.
Check Ballard Power Probability Of Bankruptcy
Ownership AllocationBallard Power holds a total of 299.04 Million outstanding shares. 30% of Ballard Power Systems outstanding shares are owned by other corporate entities. Institutional investors are typically referred to investors that purchase positions in a given stock to benefit from reduced commissions. Consequently, institutional investors are subject to different rules and regulations than regular investors. Please look out for any change in current institutional holding as this could mean something significant has changed at the company or is about to change. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Ballard Ownership Details
Ballard Stock Price Odds Analysis
In regard to a normal probability distribution, the odds of Ballard Power jumping above the current price in 90 days from now is about 98.0%. The Ballard Power Systems probability density function shows the probability of Ballard Power stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 2.2962 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Ballard Power will likely underperform. Additionally, ballard Power Systems has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Ballard Power to move above the current price in 90 days from now is about 98.0 (This Ballard Power Systems probability density function shows the probability of Ballard Stock to fall within a particular range of prices over 90 days) .
Ballard Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Ballard Power that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Ballard Power's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Ballard Power's value.| Instituion | Recorded On | 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 Power Historical Income Statement
Ballard Power Systems Income Statement is one of the three primary financial statements used for reporting Ballard's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Ballard Power Systems revenue and expense. Ballard Power Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Ballard Power's Other Operating Expenses is relatively stable compared to the past year. As of 04/19/2024, Research Development is likely to grow to about 98.1 M, while Selling General Administrative is likely to drop slightly above 17.8 M. View More FundamentalsBallard Stock Against Markets
Picking the right benchmark for Ballard Power stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Ballard Power stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Ballard Power is critical whether you are bullish or bearish towards Ballard Power Systems at a given time. Please also check how Ballard Power's historical prices are related to one of the top price index indicators.
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Ballard Power Corporate Directors
Ballard Power corporate directors refer to members of a Ballard Power board of directors. The board of directors generally takes responsibility for the Ballard Power's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Ballard Power's board members must vote for the resolution. The Ballard Power board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| DuyLoan Le | Director | Profile | |
| James Roche | Director | Profile | |
| Ian Sutcliffe | Independent Director | Profile | |
| Edwin Kilroy | Independent Director | Profile |
How to buy Ballard Stock?
Before investing in Ballard Power, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Ballard Power. To buy Ballard Power stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Ballard Power. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Ballard Power stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Ballard Power Systems stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Ballard Power Systems stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Ballard Power Systems, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Ballard Stock please use our How to Invest in Ballard Power guide.
Already Invested in Ballard Power Systems?
The danger of trading Ballard Power Systems is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Ballard Power is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Ballard Power. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Ballard Power Systems is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Ballard Power Systems is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Ballard Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Ballard Power Systems Stock. Highlighted below are key reports to facilitate an investment decision about Ballard Power Systems Stock: 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 Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
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.