BlackBerry Limited (NYSE:BB) reported first-quarter earnings of 1 cent per share, which beat analyst estimates by a penny. This is a decrease from earnings of 3 cents per share from the same period last year. The company reported quarterly sales of $267 million, which beat the analyst consensus estimate of $264.53 million. This is a 23.04% increase over sales of $217 million the same period last year.
Technical Stock Analysis
BlackBerry Limited (NYSE:BB), a Technology sector firm, traded 6.85 Million shares in last trading session and stock plummeted -2.13% with closing price of $8.29 per share. Company gross margins represents its total sales revenue minus its cost of goods sold (COGS), divided by the total sales revenue earned by the company, expressed as a percentage. And its good to know that the higher that percentage, the more the company retains on each dollar of sales, to service its other costs and the debt obligations, and BlackBerry Limited (NYSE:BB)’s gross margin stands at 77.40%.
Investment Worthy Stock or not?
For personal guess ROI is usually expressed as a percentage and is typically used for taking any financial decisions, for the purpose of comparing a BlackBerry Limited (NYSE:BB)’s profitability or to compare the efficiency of different investments, hence, BB return on investment (ROI) is 2.30%.
52-Week Range
52-Week Range are valuable stats for watching BlackBerry Limited (NYSE:BB)’s past year fluctuation as that gives investors an idea of how much the security has moved in the last year and whether it is trading near the top, middle or bottom of the range. BlackBerry Limited (NYSE:BB)’s stock value has moved between $6.58 – 12.01 in last one year.
Analyst’s Views
Analysts mean target price for BlackBerry Limited (NYSE:BB) is $10.95 while analysts mean recommendation is 2.70.
Stock Performance
Its weekly performance is -4.93% while year to date (YTD) performance is 16.60%.
EPS Growth
Earnings per share growth is defined as the percentage change in normalised earnings per share over the previous 12 month period to the latest year end. It gives a good picture of the rate at which a company has grown its profitability. BlackBerry Limited (NYSE:BB)’s EPS growth this year is -82.60%. For best decision making investors should look at BlackBerry Limited (NYSE:BB)’s EPS growth for next year stands at 127.17%.