Short Call on Analysts Review: Allegheny Technologies (NYSE:ATI), Ballard Power Systems (NASDAQ:BLDP)

Allegheny Technologies Incorporated (NYSE:ATI) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -2.73% to close at $17.08 with the total traded volume of 3.2 Million shares. Lets us look over what analysts have to say about performance of the ATI. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $0.13 as compared to the next year Q1 current trend of $0.17. While on annual basis the current EPS estimates trend for FY 2017 came in for $1.09 as compared to three months ago $1.13.

The stock prices target chart showed high target of 26 kept by analysts at WSJ while the average price target was for 19.96 as compared to current price of 17.08. Somehow, the stock managed to gain BUY ratings by 4 analysts in current tenure as 1 analyst having overweight ratings, 2 recommend as HOLD, 1 stands at Underweight and 2 gave it as a SELL security for current period. Overall, the consensus ratings were for Hold by the pool of analysts.

The firm has institutional ownership of 98.90%, while insider ownership included 1.10%. Its price to sales ratio ended at 0.59. ATI attains week’s performance of -1.95%.

Ballard Power Systems Inc. (NASDAQ:BLDP) [Trend Analysis] plunged reacts as active mover, shares a loss -4.00% to traded at $2.16 and the percentage gap between open changing to regular change was 1.33%. Finally to see some strong financial remarks by WSJ over BLDP performance. Out of the pool of analysts 4 gave their BUY ratings on the stock in previous month as 4 analysts having BUY in current month. The stock was ranked as Underweight by 2 analysts while 2 analysts gave SELL rank. Majority ranked Buy from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $-0.02 while one month ago this estimate trend was for $-0.02. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $-0.02 as compared to three months ago was for $-0.03. BLDP received highest price target of 3 and low target of 3. The stock price target chart showed average price target of 3 as compared to current price of 2.16.

The firm’s current ratio calculated as 2.50 for the most recent quarter. The firm past twelve months price to sales ratio was 4.44 and price to cash ratio remained 5.22. As far as the returns are concern, the return on equity was recorded as -18.50% and return on investment was -14.80% while its return on asset stayed at -12.50%. The firm has total debt to equity ratio measured as 0.06.


About Devon Leftovich

Devon Leftovich is an entrepreneur. He has been writing and editing professionally for over six years. He is admin editor and senior content writer of SWR. However, he has determined to give investors something rare, a dignified partner who can manage money with integrity and a clear conscience about the degree of due diligence behind investment decisions. He said, "I love the financial world because it is like one big puzzle and I hope we the SWR help each other out to solve the puzzle to help us realize our dreams." Interests: Analysis of different Companies; including news and analyst rating updates. He performs analysis of Companies and publicizes important information for investor/traders community. Stocks long-term and short-term holding views, Tech Stocks

Leave a Reply

Your email address will not be published. Required fields are marked *