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Principale » Featured Stock Overview: BlackBerry Limited (BBRY)

Featured Stock Overview: BlackBerry Limited (BBRY)

26 Juin 2017

Several other research firms have also commented on BB. Finally, TD Securities reaffirmed a buy rating and issued a C$10.00 price target on shares of BlackBerry in a report on Tuesday, March 28th. Zacks Investment Research cut shares of BlackBerry Limited from a "buy" rating to a "hold" rating in a report on Monday, January 30th. They set an "overweight" rating and a $11.00 price target for the company. Vetr upgraded shares of BlackBerry Limited from a "buy" rating to a "strong-buy" rating and set a $12.74 price target on the stock in a research report on Monday, June 5th. Two research analysts have rated the stock with a sell rating, twelve have issued a hold rating, four have assigned a buy rating and one has assigned a strong buy rating to the company's stock. The stock presently has an average rating of "Hold" and a consensus target price of $9.25.

BlackBerry Limited (NASDAQ:BBRY) (TSE:BB)'s stock had its "mkt perform" rating reissued by equities researchers at Raymond James Financial, Inc.in a research note issued to investors on Tuesday, May 30th.

The stock is now showing YTD performance of 40.93 Percent. Vetr's price objective would suggest a potential upside of 25.54% from the company's previous close.

BlackBerry Limited (NASDAQ BBRY) traded up 2.4727% during midday trading on Wednesday, hitting $9.9501. The company's 50 day moving average is $10.42 and its 200-day moving average is $8.24. The company rocked its 52-Week High of $11.74 and touched its 52-Week Low of $6.23. The company has a market capitalization of $5.28 billion, a P/E ratio of 40.9469 and a beta of 0.77. According to these analysts, the Low Revenue Estimate for BlackBerry Limited is 245.8 Million and the High Revenue Estimate is 298 Million. Traders bought 15,108 put options on the stock. This represents an increase of approximately 266% compared to the typical volume of 4,126 put options.

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BlackBerry Limited (BBRY) belonging to the Computer and Technology sector has declined -12.21% and closed its last trading session at $9.71. The business had revenue of $244 million during the quarter, compared to analysts' expectations of $262.80 million. BlackBerry Limited had a negative net margin of 91.29% and a negative return on equity of 2.16%.

While looking at the Stock's Performance, BlackBerry Limited now shows a Weekly Performance of -7.79%, where Monthly Performance is -12.44%, Quarterly performance is 37.34%, 6 Months performance is 33.01% and yearly performance percentage is 38.71%. Equities analysts forecast that BlackBerry Limited will post $0.03 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in BlackBerry Limited stock. Beck Mack & Oliver LLC purchased a new stake in BlackBerry Limited during the first quarter worth approximately $105,000. Meag Munich Ergo Kapitalanlagegesellschaft MBH increased its stake in shares of BlackBerry Limited by 3.1% in the first quarter.

Price/Earnings to growth ratio for the company is 54.54 and the stock shows its Price/Sales (ttm) of 3.82 and Price/Book for the most recent quarter of 2.5. Capstone Asset Management Co. increased its stake in shares of BlackBerry Limited by 13.2% in the first quarter. Capital Investment Counsel Inc purchased a new position in BlackBerry Limited during the first quarter worth about $126,000. Insiders have sold a total of 204,170 shares of company stock valued at $1,634,192 over the last three months. Finally, FNY Partners Fund LP purchased a new position in BlackBerry Limited during the first quarter worth about $147,000. If the average volume is low then the liquidity is low which means it is hard to buy or sell the stock as there are fewer buyers or sellers of the stock. Institutional investors and hedge funds own 62.48% of the company's stock.

Featured Stock Overview: BlackBerry Limited (BBRY)