Ballard Power Systems Stock Buy Hold or Sell Recommendation
| BLDP Stock | USD 1.28 0.05 3.76% |
Given the investment horizon of 90 days and your typical level of risk aversion, our recommendation regarding Ballard Power Systems is 'Strong Sell'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Ballard Power Systems given historical horizon and risk tolerance towards Ballard Power. When Macroaxis issues a 'buy' or 'sell' recommendation for Ballard Power Systems, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Ballard Power Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Ballard and provide practical buy, sell, or hold advice based on investors' constraints. Ballard Power Systems. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
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Execute Ballard Power Buy or Sell Advice
The Ballard recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Ballard Power Systems. Macroaxis does not own or have any residual interests in Ballard Power Systems or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Ballard Power's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | Very Weak | Details | |
Volatility | Very risky | Details | |
Hype Condition | Under hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Moves slightly opposite to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Hold | Details | |
Financial Strenth (F Score) | Frail | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Ballard Power Trading Alerts and Improvement Suggestions
| Ballard Power generated a negative expected return over the last 90 days | |
| Ballard Power may become a speculative penny stock | |
| Ballard Power has high historical volatility and very poor performance | |
| The company reported the previous year's revenue of 102.37 M. Net Loss for the year was (177.72 M) with loss before overhead, payroll, taxes, and interest of (13.1 M). | |
| Ballard Power Systems currently holds about 957.43 M in cash with (104.57 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. | |
| Ballard Power has a frail financial position based on the latest SEC disclosures | |
| Roughly 16.0% of the company shares are held by company insiders | |
| Latest headline from cleantechnica.com: Vancouver Translink Bus Decarbonization At Risk From 1.3 Million CUTRIC Sole Source Study |
Ballard Power Returns Distribution Density
The distribution of Ballard Power's historical returns is an attempt to chart the uncertainty of Ballard Power's future price movements. The chart of the probability distribution of Ballard Power daily returns describes the distribution of returns around its average expected value. We use Ballard Power Systems price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Ballard Power returns is essential to provide solid investment advice for Ballard Power.
| Mean Return | -0.5 | Value At Risk | -5.36 | Potential Upside | 5.47 | Standard Deviation | 4.28 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Ballard Power historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Ballard Stock Institutional Investors
The Ballard Power's institutional investors refer to entities that pool money to purchase Ballard Power's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Barclays Plc | 2024-06-30 | 1.5 M | Great West Life Assurance Co | 2024-09-30 | 1.3 M | Two Sigma Investments Llc | 2024-06-30 | 1.2 M | Amundi | 2024-06-30 | 1.1 M | First Trust Advisors L.p. | 2024-06-30 | 1.1 M | Bank Of Montreal | 2024-06-30 | 990.2 K | Bmo Capital Markets Corp. | 2024-06-30 | 990.2 K | Verition Fund Managegment, Llc | 2024-06-30 | 975.3 K | Zurcher Kantonalbank | 2024-06-30 | 856.8 K | Legal & General Group Plc | 2024-06-30 | 7.8 M | Public Investment Fund | 2024-06-30 | 7 M |
Ballard Power Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | (787K) | 1.4M | (23.0M) | (6.5M) | (914.5K) | (960.2K) | |
| Change In Cash | (44.4M) | 615.6M | 360.5M | (210.2M) | (162.6M) | (154.5M) | |
| Free Cash Flow | (28.2M) | (55.8M) | (95.2M) | (166.7M) | (145.9M) | (138.6M) | |
| Depreciation | 7.5M | 7.6M | 9.8M | 13.4M | 13.5M | 9.9M | |
| Other Non Cash Items | (392K) | (832K) | 26.2M | (19.3M) | 58.7M | 61.7M | |
| Capital Expenditures | 13.9M | 12.9M | 14.7M | 34.5M | 41.4M | 43.4M | |
| Net Income | (39.1M) | (51.4M) | (114.2M) | (121.7M) | (177.7M) | (168.8M) | |
| End Period Cash Flow | 147.8M | 763.4M | 1.1B | 913.7M | 751.1M | 788.7M | |
| Investments | (32.7M) | (36.4M) | (63.8M) | (75.6M) | (54.3M) | (51.6M) | |
| Net Borrowings | (2.1M) | (2.5M) | (2.8M) | (3.3M) | (3.0M) | (2.8M) | |
| Change To Netincome | 17.4M | 18.0M | 35.6M | 38.4M | 44.2M | 46.4M |
Ballard Power Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Ballard Power or Electrical Equipment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Ballard Power's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Ballard stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.43 | |
β | Beta against Dow Jones | -0.66 | |
σ | Overall volatility | 4.16 | |
Ir | Information ratio | -0.15 |
Ballard Power Volatility Alert
Ballard Power Systems exhibits very low volatility with skewness of -0.83 and kurtosis of 4.85. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Ballard Power's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Ballard Power's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Ballard Power Fundamentals Vs Peers
Comparing Ballard Power's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Ballard Power's direct or indirect competition across all of the common fundamentals between Ballard Power and the related equities. This way, we can detect undervalued stocks with similar characteristics as Ballard Power or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Ballard Power's fundamental indicators could also be used in its relative valuation, which is a method of valuing Ballard Power by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Ballard Power to competition |
| Fundamentals | Ballard Power | Peer Average |
| Return On Equity | -0.37 | -0.31 |
| Return On Asset | -0.11 | -0.14 |
| Operating Margin | (3.18) % | (5.51) % |
| Current Valuation | (226.17 M) | 16.62 B |
| Shares Outstanding | 299.42 M | 571.82 M |
| Shares Owned By Insiders | 15.53 % | 10.09 % |
| Shares Owned By Institutions | 26.05 % | 39.21 % |
| Number Of Shares Shorted | 13.77 M | 4.71 M |
| Price To Earning | (86.55) X | 28.72 X |
| Price To Book | 0.53 X | 9.51 X |
| Price To Sales | 4.27 X | 11.42 X |
| Revenue | 102.37 M | 9.43 B |
| Gross Profit | (13.1 M) | 27.38 B |
| EBITDA | (122.27 M) | 3.9 B |
| Net Income | (177.72 M) | 570.98 M |
| Cash And Equivalents | 957.43 M | 2.7 B |
| Cash Per Share | 3.21 X | 5.01 X |
| Total Debt | 17.9 M | 5.32 B |
| Debt To Equity | 0.01 % | 48.70 % |
| Current Ratio | 14.44 X | 2.16 X |
| Book Value Per Share | 2.40 X | 1.93 K |
| Cash Flow From Operations | (104.57 M) | 971.22 M |
| Short Ratio | 4.49 X | 4.00 X |
| Earnings Per Share | (1.09) X | 3.12 X |
| Price To Earnings To Growth | (3,427) X | 4.89 X |
| Target Price | 2.67 | |
| Number Of Employees | 1.17 K | 18.84 K |
| Beta | 1.75 | -0.15 |
| Market Capitalization | 392.52 M | 19.03 B |
| Total Asset | 1.07 B | 29.47 B |
| Retained Earnings | (1.74 B) | 9.33 B |
| Working Capital | 794.15 M | 1.48 B |
| Current Asset | 87.57 M | 9.34 B |
Ballard Power Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Ballard . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Ballard Power Buy or Sell Advice
When is the right time to buy or sell Ballard Power Systems? Buying financial instruments such as Ballard Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional 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.