NYSE:BB - BlackBerry Stock Price, Price Target & More

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$12.27 -0.04 (-0.32 %)
(As of 06/18/2018 03:32 PM ET)
Previous Close$12.18
Today's Range$12.07 - $12.27
52-Week Range$8.47 - $14.55
Volume122,412 shs
Average Volume2.84 million shs
Market Capitalization$6.61 billion
P/E Ratio245.10
Dividend YieldN/A
Beta1.18

About BlackBerry (NYSE:BB)

BlackBerry logoBlackBerry Limited operates as an enterprise software and services company focused on securing and managing endpoints in the Internet of Things. It offers BlackBerry Enterprise Mobility Suite, which combines and integrates mobile security, management, productivity, and collaboration solutions, such as BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces; BlackBerry AtHoc, a secure and networked crisis communications solution; SecuSUITE for Government, a voice encryption software solution; BlackBerry Enterprise Consulting and BlackBerry Cybersecurity Consulting; and BBM Enterprise, an enterprise-grade secure instant messaging solution, as well as Communications Platform as a Service. The company also provides BlackBerry QNX, a software for automotive electronics; BlackBerry Jarvis, a cloud-based static binary code-scanning solution; Certicom that offers software components and end-to-end security solutions targeted at bandwidth and resource-constrained applications; Paratek, which offers adaptive radio frequency antenna tuning technology; BlackBerry Radar, an asset tracking and telematics product. In addition, it offers intellectual property and licensing; mobility licensing; other licensing programs; and develops legacy BlackBerry 10 platform, and delivers BlackBerry productivity applications to Android smartphone. Further, the company engages in the development and licensing of secure device software and the outsourcing to partners of design, manufacturing, sales, and customer support for BlackBerry-branded handsets; and provision of Android smartphones, smartphone accessories, and non-warranty repair services. Additionally, it is involved in the operations related to subscribers using mobile devices with its legacy BlackBerry 7 and prior operating systems. The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was founded in 1984 and is headquartered in Waterloo, Canada.

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Industry, Sector and Symbol

Industry Telephone & telegraph apparatus
Sub-IndustryN/A
SectorComputer and Technology
SymbolNYSE:BB
CUSIPN/A
Phone519-888-7465

Debt

Debt-to-Equity Ratio0.31
Current Ratio5.49
Quick Ratio5.48

Price-To-Earnings

Trailing P/E Ratio245.10
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$932 million
Price / Sales7.07
Cash Flow$0.3807 per share
Price / Cash32.23
Book Value$4.67 per share
Price / Book2.63

Profitability

EPS (Most Recent Fiscal Year)$0.05
Net Income$405 million
Net Margins43.46%
Return on Equity3.70%
Return on Assets2.46%

Miscellaneous

Employees4,044
Outstanding Shares537,110,000

BlackBerry (NYSE:BB) Frequently Asked Questions

What is BlackBerry's stock symbol?

BlackBerry trades on the New York Stock Exchange (NYSE) under the ticker symbol "BB."

How were BlackBerry's earnings last quarter?

BlackBerry Ltd (NYSE:BB) issued its earnings results on Wednesday, March, 28th. The company reported $0.03 EPS for the quarter, beating the Thomson Reuters' consensus estimate of ($0.03) by $0.06. The company had revenue of $239 million for the quarter, compared to the consensus estimate of $217.88 million. BlackBerry had a net margin of 43.46% and a return on equity of 3.70%. The company's quarterly revenue was down 16.4% compared to the same quarter last year. View BlackBerry's Earnings History.

When is BlackBerry's next earnings date?

BlackBerry is scheduled to release their next quarterly earnings announcement on Friday, June, 22nd 2018. View Earnings Estimates for BlackBerry.

What guidance has BlackBerry issued on next quarter's earnings?

BlackBerry issued an update on its FY19 earnings guidance on Wednesday, March, 28th. The company provided EPS guidance of positive EPS for the period, compared to the Thomson Reuters consensus estimate of $0.09.

What price target have analysts set for BB?

16 equities research analysts have issued 12 month target prices for BlackBerry's shares. Their predictions range from $7.00 to $15.50. On average, they expect BlackBerry's stock price to reach $10.7333 in the next year. View Analyst Ratings for BlackBerry.

Are investors shorting BlackBerry?

BlackBerry saw a decline in short interest during the month of May. As of May 31st, there was short interest totalling 41,878,719 shares, a decline of 7.2% from the May 15th total of 45,141,218 shares. Based on an average daily volume of 2,256,097 shares, the days-to-cover ratio is presently 18.6 days.

Who are some of BlackBerry's key competitors?

Who are BlackBerry's key executives?

BlackBerry's management team includes the folowing people:
  • Mr. John S. Chen, Exec. Chairman & CEO (Age 62)
  • Mr. Steven M. Capelli, CFO & COO (Age 60)
  • Mr. Steven E. Zipperstein, Chief Legal Officer & Corp. Sec.
  • Mr. Carl J. Wiese, Pres of Global Sales
  • Dr. Sandeep Chennakeshu, Pres of Blackberry Technology Solutions (Age 59)

Has BlackBerry been receiving favorable news coverage?

Media stories about BB stock have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. BlackBerry earned a coverage optimism score of 0.08 on Accern's scale. They also gave news headlines about the company an impact score of 44.88 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are BlackBerry's major shareholders?

BlackBerry's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Iridian Asset Management LLC CT (2.68%), Ontario Teachers Pension Plan Board (1.94%), Royal Bank of Canada (1.31%), CIBC World Markets Inc. (1.09%), First Eagle Investment Management LLC (0.88%) and Kahn Brothers Group Inc. DE (0.83%). View Institutional Ownership Trends for BlackBerry.

Which institutional investors are buying BlackBerry stock?

BB stock was purchased by a variety of institutional investors in the last quarter, including Iridian Asset Management LLC CT, Ontario Teachers Pension Plan Board, Royal Bank of Canada, CIBC World Markets Inc., First Eagle Investment Management LLC, Kahn Brothers Group Inc. DE, OppenheimerFunds Inc. and Letko Brosseau & Associates Inc.. View Insider Buying and Selling for BlackBerry.

How do I buy shares of BlackBerry?

Shares of BB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is BlackBerry's stock price today?

One share of BB stock can currently be purchased for approximately $12.27.

How big of a company is BlackBerry?

BlackBerry has a market capitalization of $6.61 billion and generates $932 million in revenue each year. The company earns $405 million in net income (profit) each year or $0.05 on an earnings per share basis. BlackBerry employs 4,044 workers across the globe.

How can I contact BlackBerry?

BlackBerry's mailing address is 2200 University Ave East, Waterloo A6, N2K 0A7. The company can be reached via phone at 519-888-7465 or via email at [email protected]


MarketBeat Community Rating for BlackBerry (BB)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  157 (Vote Outperform)
Underperform Votes:  137 (Vote Underperform)
Total Votes:  294
MarketBeat's community ratings are surveys of what our community members think about BlackBerry and other stocks. Vote "Outperform" if you believe BB will outperform the S&P 500 over the long term. Vote "Underperform" if you believe BB will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/18/2018 by MarketBeat.com Staff

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