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 earnings results on Monday, May, 1st. The company reported ($0.02) earnings per share (EPS) for the quarter, hitting the consensus estimate of ($0.02). The company had revenue of $22.70 million for the quarter, compared to analysts' expectations of $23.27 million. Ballard Power Systems had a negative net margin of 28.70% and a negative return on equity of 18.28%. The firm's quarterly revenue was up 39.3% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.06) EPS. View Ballard Power Systems' Earnings History.

2 brokerages have issued 12-month target prices for Ballard Power Systems' shares. Their forecasts range from $3.00 to $3.50. On average, they expect Ballard Power Systems' stock price to reach $3.25 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. 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. " (5/3/2017)
• 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)

Ballard Power Systems saw a increase in short interest during the month of May. As of May 15th, there was short interest totalling 3,057,030 shares, an increase of 49.3% from the April 28th total of 2,047,333 shares. Based on an average daily trading volume, of 2,042,514 shares, the days-to-cover ratio is currently 1.5 days. Approximately 2.0% of the shares of the stock are sold short.

Some companies that are related to Ballard Power Systems include GrafTech International Ltd (GTI), Babcock & Wilcox Enterprises (BW), Allied Motion Technologies (AMOT), LSI Industries (LYTS), Ultralife Corp. (ULBI), Hydrogenics (HYGS), Arotech (ARTX), CUI Global (CUI), LightPath Technologies (LPTH), American Superconductor (AMSC), Pioneer Power Solutions (PPSI), IntriCon (IIN), EnSync (ESNC), Research Frontiers (REFR), Capstone Turbine (CPST), Nidec (NJ) and ZBB Energy (ZBB).

Ballard Power Systems' stock is owned by a number of 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. (0.13%), KCG Holdings Inc. (0.12%), Renaissance Technologies LLC (0.09%) and First Trust Advisors LP (0.09%). 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 KBC Group NV and First Trust Advisors LP. View Insider Buying and Selling for Ballard Power Systems.

Ballard Power Systems' stock was purchased by a variety of institutional investors in the last quarter, including KCG Holdings Inc., Renaissance Technologies LLC, Bluestein R H & Co. and Geode Capital Management LLC. 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 $2.75.