A big breakthrough in battery technology could put the nail in fuel cells' coffin forever. And management has to spend more on R&D … Ballard Power Systems Inc. is a developer and manufacturer of proton exchange membrane (PEM) fuel cell products for markets such as heavy-duty motive (consisting of bus and tram applications), portable power, material handling as well as engineering services. Please contact us.Get industry-leading hydrogen and fuel cell stories, interviews, news and more-straight to your inbox. Why? But he thinks such a moment is close at hand. For all the potential it seems to have, Ballard is still just too risky to be a buy for most investors.Stock Advisor launched in February of 2002. See you at the top! In Q1 2019 it was just $16 million, while in Q2 it was $23.7 million. Cumulative Growth of a $10,000 Investment in Stock AdvisorIs Ballard Power Systems a Buy? MacEwen isn't promising anything. Ballard's partnership with Weichai could experience problems, like its other recent partnership with China's Guangdong Synergy. The company is engaged in proton exchange membrane fuel cell development and commercialization. About Us Enter your email address to get market updates and press releases directly to your inbox. Retirement Ballard has designed and shipped over 400 MW of fuel cell products to date.
Ballard Establishes New Cross-Border US$250M ATM Equity ProgramCreating a Cleaner Future With the California Fuel Cell Partnership [Interview]Fuel Cell Electric Vehicles Powered by Ballard Have Now Driven Over 50 Million Kilometers – Enough to Circle the Globe 1,250 TimesEuropean Commission Launches the European Clean Hydrogen Alliance
Shares of Let's dig a little deeper into Ballard's recent performance and outlook for the future to see if this major player in the fuel cell industry is a buy.Hydrogen fuel cells are just one of a growing number of green fuel alternatives. Recent deals from 2019 include an order for 12 buses in Bolzano, Italy, and 15 buses in Aberdeen, Scotland.For another thing, other large transportation companies are making big investments in hydrogen technology.
This paints a rather unattractive financial picture. Zero-emission fuel cell electric vehicles will positively change the lives of the next generation. For one thing, Ballard's heavy-duty motive orders are getting larger. Thanks to the big run-up in its share price, its price-to-sales ratio (the only usable valuation metric given its unprofitability) has risen to 12.2, fully three points higher than it's ever been in the company's history.
Similarly, it has only posted a handful of free-cash-flow-positive quarters, most recently in Q4 2016. Personal Finance
Ballard’s culture embraces performance, creativity, development and balance. You may unsubscribe at any time.Interested in our products or services? About Ballard Power Systems Inc Ballard Power Systems Inc. designs, develops, manufactures, sells and service hydrogen fuel cells for a range of applications. However, regardless of its revenue, Ballard has been almost uniformly unprofitable.
Ballard Power Systems Inc is a clean energy growth company. Because we have to. John has found investing to be more interesting and profitable than collectible trading card games. Reach out to us by phone or email.Ballard is committed to providing the highest level of service to our customers worldwide. We are Ballard Power Systems. Ballard Power Systems Inc. NASDAQ: BLDP $15.99 up $0.17 (1.07%) CMI. However, Ballard remains unprofitable despite its increases in sales. (TMFTruth2Power) Ballard Power (BLDP) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.
But that potential hasn't led to any significant improvement in operating cash flow or net income, as you can see below.
Cummins Inc. NYSE: CMI $208.72 up $1.05 (0.51%) Related Articles. "So does that mean that all this bubbling will show up in the financials soon? "There are signals, very clear signals that the hydrogen and fuel cell industry is in a defining stage in its evolution and inflection," he said on the Q2 earnings call.There are some signs that this may be true. Let's conquer your financial goals together...faster. ET on Seeking Alpha Ballard Reports Q2 2020 Results For over 40 years, we have relentlessly developed and improved our technology.
For over 40 years, we have relentlessly developed and improved our technology.
It peaked in Q4 2017 at just above $40 million, but has hovered around the $20 million mark since.
Investing Basics In April, motor company Of course, all this interest means potential competition for Ballard, not to mention the competition that already exists in the form of battery-electric vehicles and traditional fuels.In Ballard, we have a company that's been trying to break out of its (unprofitable) niche for years, and which may finally be showing some signs of making inroads into the lucrative heavy-duty motive market, particularly in China. @themotleyfool #stocks $BLDP $CMI
Ballard Power Systems (BLDP) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2020.
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