Ballard Power Systems Company Profile (NASDAQ:BLDP)

Ballard Power Systems trades on the NASDAQ under the ticker symbol "BLDP."

Ballard Power Systems, Inc. (NASDAQ:BLDP) announced its quarterly earnings results on Monday, May, 1st. The company reported ($0.02) EPS for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.02). The business had revenue of $22.70 million for the quarter, compared to analyst estimates of $23.27 million. Ballard Power Systems had a negative return on equity of 6.74% and a negative net margin of 9.34%. The company's quarterly revenue was up 39.3% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.06) EPS. View Ballard Power Systems' Earnings History.

4 brokers have issued 12 month target prices for Ballard Power Systems' stock. Their predictions range from $3.00 to $6.00. On average, they expect Ballard Power Systems' share price to reach $4.88 in the next twelve months. View Analyst Ratings for Ballard Power Systems.

Here are some recent quotes from research analysts about Ballard Power Systems stock:

• 1. FBR & Co analysts commented, "Analyst day highlights robust China mobility opportunity. We attended Ballard’s investor day in New York last Thursday and we see a vastly different company than two years ago when the company last held such an event. We highlight the following key takeaways. First, we believe the company is on a path to consistent profitability with steady cost reductions and boasts a record order book. Second, Ballard’s deep and broad fuel cell knowledge and expertise sets them apart in the sector, as highlighted by their partner Broad-Ocean Motor. Third, heavy-duty (HD) motive opportunities abound within China, Europe and eventually Japan and the U.S., a $5B TAM. Fourth, commercial sales of unmanned aerial vehicles should be another source of growth. The electrification of heavy-duty mobility yield high- margin sales, typically 30%-plus gross margins, and we believe China is in the early stages of deploying commercial electric vehicles (buses, trams trucks, etc.) to promote cleaner transportation. Ultimately we believe Ballard’s position in China is ahead of its competitors and its addressable market opportunities are expanding." (9/18/2017)
• 2. According to Zacks Investment Research, "Ballard Power Systems focuses on developing and bringing to market PEM fuel cell systems for transportation, stationary, and portable applications. Ballard now offers key subsystems and components that are based on technology developed in support of Ballard fuel cell products. Their focus is on further enhancing product performance, reducing costs, designing market-viable products, developing additional volume-manufacturing capabilities, and continuing to build customer and supplier relationships. " (8/17/2017)

Some companies that are related to Ballard Power Systems include Stobart Group Ltd (STOB), Hanwha Q CELLS Co. (HQCL), Sunrun (RUN), JA Solar Holdings, Co. (JASO), FuelCell Energy (FCEL), Tecogen (TGEN), Renesola (SOL), Yingli Green Energy Holding Company Limited (YGE), Ideal Power (IPWR), Intelligent Energy Holding PLC (IEH), Auhua Clean Energy PLC (ACE) and Trina Solar Limited (TSL).

Ballard Power Systems' management team includes the folowing people:

• Ian Alexander Bourne, Independent Chairman of the Board
• R. Randall MacEwen, President, Chief Executive Officer, Director
• Anthony Robert Guglielmin, Chief Financial Officer, Vice President
• Paul Cass, Vice President, Chief Operations Officer
• Christopher J. Guzy, Vice President, Chief Technical Officer
• Robert W. Campbell, Vice President and Chief Commercial Officer
• Steven Karaffa, Vice President, Chief Commercial Officer
• Kerry B. Hillier, Corporate Secretary
• Duy-Loan T. Le, Director
• Marty Tucker Neese, Director

Ballard Power Systems' stock is owned by many different of retail and institutional investors. Top institutional investors include UBS Asset Management Americas Inc. (0.27%), Zurcher Kantonalbank Zurich Cantonalbank (0.20%), Bluestein R H & Co. (0.12%), First Trust Advisors LP (0.10%), Commerzbank Aktiengesellschaft FI (0.08%) and KBC Group NV (0.06%). View Institutional Ownership Trends for Ballard Power Systems.

Ballard Power Systems' stock was sold by a variety of institutional investors in the last quarter, including Royal Bank of Canada, Bluestein R H & Co. and Commerzbank Aktiengesellschaft FI. View Insider Buying and Selling for Ballard Power Systems.

Ballard Power Systems' stock was bought by a variety of institutional investors in the last quarter, including Dynamic Technology Lab Private Ltd and First Trust Advisors LP. View Insider Buying and Selling for Ballard Power Systems.

Shares of Ballard Power Systems can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Ballard Power Systems stock can currently be purchased for approximately $4.81.