BlackBerry Limited (NASDAQ:BBRY) traded with the volume of 4.35 Million in the previous trading session. The Stock opened its session at $7.18 and closed at $7.23 by showing increase of 1.26 percent. BlackBerry Limited has 1 year price target of $7.61. The stock gained a consensus recommendation of 2.92 on Zacks Investment Research where the scale runs from 1 to 5, 1 representing Strong buy and 5 showing Strong Sell. The company reported its last quarter on Nov 16.
On Nov 16 BlackBerry Limited (NASDAQ:BBRY) reported its EPS in the last quarter as $0.02/Share beating the analyst estimate of $-0.01/Share by the difference of $0.03. This showed the surprise of 300% in the last quarter earnings. For the Current Quarter, 11 analysts are projecting the mean EPS to be $0/share. According to their observations and findings, the stock could provide a high EPS of $0.02/share and a Low EPS of $-0.02/share.
The 16 analysts offering 12-month price forecasts for BlackBerry Ltd have a median target of 7.75, with a high estimate of 10.00 and a low estimate of 6.00. The median estimate represents a +7.19% increase from the last price of 7.23. (CNN MONEY)
Many Analysts provided their foresight on Revenue Estimates of BlackBerry Limited where they believe that the company has the potential to earn average revenue of $288.45 Million for the current quarter. According to their predictions High & Low revenue estimates are 315 Million and 271.63 Million respectively.
BlackBerry Limited (NASDAQ:BBRY) topped its 52-week high price of $8.46 on Sep 28, 2016 and 52-Week Low Price of $6.23 on Jun 27, 2016. The Stock currently has the market capitalization of $3.81 Billion, P/E (price to earnings ttm) of 0 and Weekly volatility of 1.74% and monthly volatility of 1.86% respectively.
BlackBerry Limited is currently showing 108.3% EPS growth this year. The Next Year EPS growth is 50%, Long term annual growth estimate of -13.43%, Annual EPS growth past 5 years of -2.08 percent. The Company currently has Insider ownership of 11.2 Percent and Institutional Ownership of 56.6 Percent. The Return on Assets stands at -31.1%, Return on Equity shows -55.6% and Return on Investment value is -3.3%.
BlackBerry Limited Gross Margin percentage stands at 45.6% while its Operating Margin for trailing twelve month is -91.8 percent and Profit margin (ttm) is -93.9 Percent. The stock is currently moving above its 20-Day Simple Moving Average of -0.99% with the 50-Day Simple Moving Average of -0.99 percent. Currently, the company has SMA200 (200-day simple moving average) of -0.96 Percent. The Stock has YTD (year to date) performance of 4.93 percent.
Many research firms have provided their ratings on BlackBerry Limited (NASDAQ:BBRY) where Macquarie provided Neutral rating on the stock on 29-Sep-16. Other firms include Raymond James giving Outperform rating on 12-Aug-16.
Company Profile:
BlackBerry Limited is involved in the design, manufacture and marketing of wireless solutions for the mobile communications market. Its integrated hardware, software and services provide platforms and solutions for seamless access to information which includes e-mail, voice, instant messaging, short message service, Internet and intranet-based applications and browsing. The company operates in North America, Europe, Asia Pacific and Latin America. BlackBerry Limited, formerly known as Research In Motion Limited, is headquartered in Waterloo, Canada.
[Source:-Top Chronicle]
