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) issued its quarterly earnings data on Monday, May, 1st. The company reported ($0.02) EPS for the quarter, hitting the Thomson Reuters' consensus estimate of ($0.02). The business had revenue of $22.70 million for the quarter, compared to the consensus estimate 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 firm's revenue was up 39.3% compared to the same quarter last year. During the same quarter last year, the business posted ($0.06) EPS. View Ballard Power Systems' Earnings History.

4 brokers have issued 1 year price objectives for Ballard Power Systems' shares. Their forecasts range from $3.00 to $4.00. On average, they expect Ballard Power Systems' share price to reach $3.25 in the next year. View Analyst Ratings for Ballard Power Systems.

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

• 1. 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. " (8/8/2017)
• 2. FBR & Co analysts commented, "Ballard beat our and consensus 4Q expectations for revenue, adjusted EBITDA, and EPS and delivered 51% YOY revenue in 2016. The company's firm orderbook of $85M is up 46% YOY (versus $58M at this time in 2016), and management guided to 2017 gross margin above the 30% range. We expect China-based heavy-duty (HD) motive wins (bus, light rail, and other commercial vehicles) and technology solutions to drive approximately 29% YOY growth in 2017. As Ballard's Chinese JV builds out its local stack production facility, we see multiple opportunities for product cost downs as volumes ramp. There is potential upside if Ballard's recent partnership with Broad-Ocean develops faster than we currently predict. Finally, we see continued solid execution as Ballard diversifies its customer base, product offerings, and sustainably higher margins, and also forecast the company to reach net profitability in 2H18. We remain buyers." (3/3/2017)

Some companies that are related to Ballard Power Systems include Stobart Group Ltd (STOB), Sunrun (RUN), 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), Hanwha Q CELLS Co. (HQCL), JA Solar Holdings, Co. (JASO) 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 institutional and retail investors. Top institutional shareholders 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 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 $2.82.