Morningstar Downgrades Blackberry Ltd to a Hold rating and maintains the target price at $9.10 on the company’s stock.
Based on the BlackBerry Ltd stock forecasts from 8 analysts, the average analyst target price for BlackBerry Ltd is CAD 8.72 over the next 12 months. BlackBerry Ltd’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of BlackBerry Ltd is Bearish, which is based on 2 positive signals and 9 negative signals. At the last closing, BlackBerry Ltd’s stock price was CAD 7.61. BlackBerry Ltd’s stock price has changed by +6.43% over the past week, +2.28% over the past month and -49.47% over the last year.
What we like:
High market capitalization
This is one of the largest entities in its sector and is among the top quartile. Such companies tend to be more stable.
Superior Earnings Growth
This stock has shown top quartile earnings growth in the previous 5 years compared to its sector.
What we don’t like:
Poor risk adjusted returns
This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.
The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.
Below median dividend returns
The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.
Overpriced compared to earnings
The stock is trading high compared to its peers on a price to earning basis and is above the sector median.
Overpriced compared to book value
The stock is trading high compared to its peers median on a price to book value basis.
The company is in the bottom half compared to its sector peers on debt to equity and is highly leveraged. However, do check the news and look at its sector and management statements. Sometimes this is high because the company is trying to grow aggressively.
The company had negative total cash flow in the most recent four quarters.
Negative free cash flow
The company had negative total free cash flow in the most recent four quarters.
Low Revenue Growth
This stock has shown below median revenue growth in the previous 5 years compared to its sector.
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