BlackBerry Limited (NASDAQ:BBRY) Upgrades/Downgrades Report


BlackBerry Limited (NASDAQ:BBRY) has a 1 Year Target Estimate of $7.84. The stock traded with the volume of 6.56 Million in the last trading session. BlackBerry Limited opened at $7.5 and closed by showing an increase of 3.63%. The Bid price in the last session was $7.67 x 600 and the Ask price was $7.79 x 500. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

BlackBerry Limited has the Market Capitalization of 4.17 Billion. The Stock has its 52-week High of $9.46 and 52-Week Low of $6.23 and it touched its 52-week high on Dec 28, 2015 and 52-Week Low on Jun 27, 2016.

BlackBerry Limited reported its last Earnings on Dec 20 BMO where the company reported Actual EPS of $0/Share whereas, the Analyst Estimated EPS was $-0.05/share. The difference between Actual EPS and Estimated EPS was $0.05/share. This represented an Earnings Surprise of 100%.

16 number of analysts also provided their insight on BlackBerry Limited, where the Average Price Target for the stock is $7.84. They also projected Low Price Target as $6 while High Price Target is set at $10.5.

A number of analysts rated the stock as well: 1 analysts believe that the stock is a STRONG BUY while 2 reported it as Buy.14 analysts assigned a HOLD rating, 6 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

BlackBerry Limited annual Divided is 0 while it’s Dividend Yield is 0%. The stock has its Price to Earnings (P/E) ratio of 0 and Forward Price to Earnings ratio of 593.08. The company has its Price to Sales (P/S) ratio of 2.33 where Price to Book (P/B) ratio of 1.84, Price to Cash Per share (P/C) of 1.94 and Price to Free Cash Flow (P/FCF) has a value of 0.

The company has its Return on Assets (ROA) of -26.7 Percent. Return on Equity (ROE) stands at -48% and Return on Investment (ROI) displays a value of -3.3%.

The stock is currently trading at Distance from 20-Day simple moving Average of 5.39% whereas, Distance from 50-Day Simple moving average is 2.87 Percent and Distance from 200-Day Simple Moving Average of 4.74 percent.

A look at performance overview of BlackBerry Limited depicts that Performance (Week) is 1.45 percent while Performance Month is 9.36%. Quarterly performance shows a value of 1.58% and Half Year Performance value stands at 5.47%. Yearly performance of the stock has the value of -1.91 percent. BlackBerry Limited has its YTD performance of -16.92 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm Macquarie on 29-Sep-16 who Upgrade the stock from Underperform to Neutral. Other firms have also Upgraded/Downgraded the stock. On 12-Aug-16, Raymond James took an action “Upgrade” from Mkt Perform to Outperform. On 18-May-16, the stock was Initiated to Underperform by Macquarie.