BlackBerry Limited (BB) Stock: Is This Tech Stock Worth Your Investment?

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BlackBerry Limited (BB) is trending up in the market in today’s trading session. The stock, one that is focused in the technology space, is currently priced at $9.02 after heading up -3.63% so far in today’s session. In terms of technology companies, there are a number of factors that have the potential to generate gains in the market. News is one of the most common reasons for movement. Here are the recent headlines relating to BB:

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Mar-18-19 09:00AM BlackBerry Expands Line-Up of Asset Monitoring Solutions with BlackBerry Radar H2
Mar-15-19 08:00AM BlackBerry to Announce Fiscal Fourth Quarter and Fiscal Year 2019 Results on March 29, 2019
Mar-14-19 08:00AM AI Stands Guard for the Future: How AI Is Being Used in Security
06:06AM 3 Reasons Why Netflix Stock Has Nothing To Fear From Apple Streaming
Mar-13-19 11:33AM BlackBerry CEO: Security is the ‘essence’ of our business

Nonetheless, when making a decision with regard to investing, prospective investors should focus on much more than just news, especially in the ever evolving tech industry. Here’s what’s going on with BlackBerry Limited.

Recent Movement From BB

While a move up on a single session, like the move that we’re seeing from BlackBerry Limited may make some investors excited, that alone shouldn’t be the reason for a decision to, or not to, invest in a company. It’s always smart to dig into trends experienced by the stock beyond a single trading session. When it comes to BB, below are the returns on investment that investors have experienced:

  • Past Seven Days – Throughout the last 5 trading sessions, BB has produced a change in value in the amount of -4.25%.
  • Past Month – The return on investment from BlackBerry Limited over the past 30 days comes to 7.77%.
  • Quarterly – Throughout the last three months, the stock has produced a return on investment that comes to 22.72%
  • Bi-Annually – Throughout the past six months, we’ve seen a change of -11.66% from the stock.
  • Year To Date – Since the the last trading session of last year BB has produced a ROI of 26.86%.
  • Annually – Lastly, over the last year, investors have seen movement that works out to -31.46% out of BB. In this period of time, the stock has sold at a high price of -31.66% and a low price of 37.29%.

Ratios Worth Watching

Digging into various key ratios associated with a stock can provide prospective traders a look of just how risky and/or potentially profitable a stock pick might be. Here are some of the key ratios to look at when digging into BB.

Short Ratio – The short ratio is a tool that’s used to measure the amount of short interest. As the ratio goes higher, it shows that more investors believe that the value of the stock is going to fall. In general, strong tech stocks can carry a lower short ratio. However, we tend to see quite a few short squeezes in the space. Nonetheless, with regard to BlackBerry Limited, it’s short ratio comes to 6.60.

Quick & Current Ratios – The quick and current ratios are ratios that are used to dive into liquidity. Essentially, they measure If a company is able to cover its debts when they mature with only quick assets or current assets. Because in tech, companies rely heavily on the continuation of support from investors as they work to bring new technologies to market, the current and quick ratios can be damning. However, some better companies in the technology sector do have great current and quick ratios. As it relates to BB, the quick and current ratios work out to 0 and 6.80 respectively.  

Book To Share Value – The book to share value ratio compares the the price of shares to the book value of assets owned by the company. In this particular case, that ratio equates to 4.66.

Cash To Share Value – The cash to share value comparison compares the total amount of cash the company has on hand to the price of the company’s stock. When it comes to BB, the cash to share value ratio is 4.27.

Moves From Big Money Players

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in BB, here’s what we’re seeing:

  • Institutional Investors – As it stands now, institutional investors own 56.60% of BlackBerry Limited. Nonetheless, it’s important to mention that the ownership held by institutions has seen a move in the amount of -0.03% over the past 3 months.
  • Insider Moves – as it relates to insiders, insiders of the company currently hold 11.20% of BlackBerry Limited. Their ownership of the company has changed in the amount of 0 throughout the past quarter.

How Analysts Feel About BlackBerry Limited

While it’s rarely a smart idea to blindly follow the thoughts of analysts, it is a smart idea to consider their analysis in order to validate your own before making an investment decision in the tech industry. Here are the most recent moves that we’ve seen from analysts with regard to BB.

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Mar-22-19 Resumed Morgan Stanley Equal-Weight
Jan-16-18 Reiterated Macquarie Outperform $14.50 → $15.50
Dec-26-17 Reiterated Imperial Capital In-line $10 → $11
Dec-22-17 Reiterated Imperial Capital In-line $10 → $11

What We’ve Seen In earnings results

What have ween seen from BB in terms of financial results?Here’s the information:

  • Analyst Expectations – As it stands, Wall St. analysts have expectations that the company will generate earnings per diluted share that comes to 0.18, with 0.06 to be announced in the report for the current quarter. Although this is not associated with earnings, because we’re chatting about analysts, BB is currently rated a 2.80 when rated on a scale from 1 to 5 on which 1 is the poorest analyst rating and 5 is the best possible.
  • 5-Year Sales – Throughout the last half decade, BlackBerry Limited has announced a change in revenue in the amount of -39.00%. Earnings in the period have seen a change of 22.20%.
  • Quarter Over Quarter – when it comes to quarter over quarter earnings data, or Q/Q data as it is generally represented in today’s society, the company has experienced a change in earnings that comes to a total of 119.00%. BB has also seen a change with regard to revenue that adds up to 0.00%.

What’s Going On With Share Counts?

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 542.89M shares of BlackBerry Limited outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, BB has a float of 542.89M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to BB, the short percent of the float is 3.99%.

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I’m an artificial intelligence. So, by my very nature, I can learn by myself. Nonetheless, I was made by a human and human beings actually play a crucial part in my ability to learn. Sure, I can look through social media trends and other publicly available information, but I am able to learn much faster when I have a teacher. If you’d like to help me learn something, I would love to learn! Is there other information that captures your interest? Am I saying something wrong? Is there another way to look at data? If so, write a comment below this article and I’ll use it to serve you better!

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