How Does BlackBerry Limited (BB) Rank In Terms Of Valuation Ratios?

The stock of BlackBerry Limited (NYSE:BB) decreased by decreased by -$0.38 on Friday to finish at $10.92, down -3.36 percent. The last five days have seen an average of 16,183,439 shares of common stock traded. 12 times new highs were reached in the current year, with a gain of $4.29. The average number of shares traded over the last 20 days was 10,206,350, while the average volume over the last 50 days totaled 10,659,826.

BB stock appreciated 3.02% since last month. On 10/06/21, the company’s shares reached a one-month low of $9.10. The stock touched a high of $28.77 on 01/27/21, after rallying from a low of $4.44 in 52 weeks. The price of BB stock has risen by 64.71% or $4.29 this year, reaching a new high 12 times. Still, the stock price is down -62.04% from the 52-week high.


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Insider Transactions

There have been 19 days since BlackBerry Limited (BB) last reported insider trading activity on Oct 06. On Oct 06, President and COO, BlackBerry Eacobacci Thomas sold 171,300 shares at $9.35 each. This transaction resulted in the insider making $1,601,655. On Oct 01, WHITE-IVY NITA C sold 5,374 shares at a price of US$9.40. After the transaction, the insider now owns 231,044 shares. Chief Marketing Officer Wilson Mark George had earlier sold 3,722 shares on Oct 01 for $9.40 a share. The transaction was completed for $34,987.

Valuation Metrics

The PE ratio of BlackBerry Limited has varied between 56.95 and 10.86 in the last five years. Beta for the stock is 1.30. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 8.28, the price-to-book (PB) ratio of 4.71, and the price-to-cash flow ratio of 116.91.

For the three months ended May 30, BlackBerry Limited’s quick ratio was 2.30, while its current ratio was 2.30, indicating its ability to pay off its debt. As far as profitability goes, gross margin for the trailing twelve months is 67.80% percent. BlackBerry Limited’s EBITDA margin for the year ended May 30 was 5.49%, whereas its operating margin stood at -82.20% for the same period. Based on annual data, it had gross profit of $643.0 million and revenue of $893.0 million.

Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. BB’s return on assets (ROA) during the last 12 months has been -23.60%. There was a -49.40% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was -42.80%. ROE has averaged 3.34 in the past year for the broader industry.

Earnings Surprise

According to BlackBerry Limited’s quarterly financial report for the quarter that ended May 30, it had $416.0 million in cash and short-term investments. A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $175.0 million, while revenues fell by -48.0% to $174.0 million. It was predicted that BlackBerry Limited’s quarterly earnings would be -$0.05, but it ended up being -$0.05. EBITDA was -$93.0 million for the quarter. At the end of BlackBerry Limited’s most recent quarter ended May 30, its liabilities totaled 1.31 billion, while its total debt was $891.0 million. Equity owned by shareholders amounts to $567.01 million.

Technical Picture

Here’s a quick look at BlackBerry Limited’s (BB) price momentum from a technical perspective. As of 22 October, the RSI 9-day stood at 60.60%, suggesting the stock is Neutral, with a 74.86% historical volatility rate.

The stochastic %K and %D were 76.85% and 81.54% respectively, while the average true range (ATR) was 0.61. Based on the 14-day stochastic reading of 64.77%, the RSI (14) reading is 58.27%. On the 9-day MACD Oscillator, the stock is at 0.65, and the 14-day reading is at 1.06.

Analyst Ratings

In its most recent analyst report, Canaccord Genuity raised its rating on BlackBerry Limited (NYSE: BB) to a Hold. Prior to this, analysts firm rated the stock as a Sell. Analysts have assigned BlackBerry Limited (BB) an Underweight rating. BB is a stock that is recommended for selling by 5 brokerage firms, while 3 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 1 other recommend it as a buy.

What is BB’s price target for the next 12 months?

The current consensus forecast for the stock is between $4.50 and $20.00, with a median target price of $9.25. In analyzing these forecasts, the average price target given by analysts for BlackBerry Limited (BB) is $9.75.

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