The shares of BlackBerry Limited (NYSE:BB) has been pegged with a rating of Equal-Weight by Morgan Stanley in its latest research note that was published on March 22nd, 2019. Morgan Stanley wasnâ€™t the only research firm that published a report of BlackBerry Limited, with other equities research analysts also giving their opinion on the stock. Macquarie advised investors in its research note published on January 16th, 2018, to Outperform the BB stock while also putting a $15.50 price target. The stock had earned In-line rating from Imperial Capital when it published its report on December 26th, 2017. That day the Imperial Capital set price target on the stock to $11. The stock was given In-line rating by Imperial Capital in its report released on December 22nd, 2017, the day when the price target on the stock was placed at $11.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 6 believe it has the potential for further growth, thus rating it as Hold while 1 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $10.88. The price of the stock the last time has raised by 41.10% from its Week high price while it is raised higher than its 52-Week low price. A look at the stockâ€™s other technical shows that its 14-day RSI now stands at 51.63.
The shares of the company dipped by -1.07% during the trading session on Friday, reaching a low of $9.25 while ending the day at $9.27. During the trading session, a total of 2.97 million shares were traded which represents a 26.23% incline from the average session volume which is 4.03M shares. BB had ended its last session trading at 9.37. BlackBerry Limited currently has a market cap of $5.07B, while its P/E ratio stands at 62.21, while its P/E earnings growth sits at 5.61, with a beta of 2.06. BlackBerry Limited debt-to-equity ratio currently stands at 0.26, while its quick ratio hovers at . BB 52-week low price stands at $6.57 while its 52-week high price is $12.55.
The company in its last quarterly report recorded $0.11 earnings per share which is above the $0.06 predicted by most analysts. The BlackBerry Limited generated $257.00 million in revenue during the last quarter, which is slightly higher than the $243.51 million predicted by analysts. In the second quarter last year, the firm recorded $0.05 earnings per share. Compared to the same quarter last year, the firmâ€™s revenue was up by 54.55%. BlackBerry Limited has the potential to record 0.15 EPS for the current fiscal year, according to equities analysts.
Investment analysts at BofA/Merrill published a research note on March 15th, 2019 where it informed investors and clients that PayPal Holdings, Inc. (NASDAQ:PYPL) is now rated as Buy. Their price target on the stock stands at $116. Macquarie also rated PYPL as Reiterated on January 16th, 2018, with its price target of $15.50 suggesting that PYPL could down by -4.75% from its current share price. Even though the stock has been trading at $106.46/share, analysts expect it to surge higher by 1.90% to reach $103.56/share. It started the day trading at $108.54 and traded between $106.41 and $108.48 throughout the trading session.
A look at its technical shows that PYPLâ€™s 50-day SMA is 99.00 while its 200-day SMA stands at 89.39. The stock has a high of $107.77 for the year while the low is $70.22. The companyâ€™s P/E ratio currently sits at 62.81, while the P/B ratio is 8.29. At the moment, only of PayPal Holdings, Inc. shares were sold short. The companyâ€™s average trading volume currently stands at 7.35M shares, which means that the short-interest ratio is just 1.91 days. Over the past seven days, the company moved, with its shift of 2.60%. Looking further, the stock has raised 19.67% over the past 90 days while it gained 43.78% over the last six months.
The change in the stockâ€™s fortunes has led to several institutional investors altering their holdings of the stock. The Vanguard Group Inc bought more PYPL shares, increasing its portfolio by +1.38% during the last quarter. This move now sees The Vanguard Group Inc purchasing 1,172,148 shares in the last quarter, thus it now holds 85,878,791 shares of PYPL, with a total valuation of $8,917,653,657. Fidelity Management Research Co meanwhile sold more PYPL shares in the recently filed quarter, changing its stake to $8,140,503,260 worth of shares. BlackRock Fund Advisors followed the path by increasing its PYPL portfolio by +1.31% in the quarter. This means that BlackRock Fund Advisors bought 655,097 shares in the last quarter and now controls 50,831,635 shares of the PYPL stock, with the valuation hitting $5,278,356,978.
Similarly, T Rowe Price Associates Inc increased its PayPal Holdings, Inc. shares by +4.42% during the recently filed quarter. After buying 1,798,417 shares in the last quarter, the firm now controls 42,530,228 shares of PayPal Holdings, Inc. which are valued at $4,416,338,876. In the same vein, Edgewood Management LLC increased its PayPal Holdings, Inc. shares by during the most recent reported quarter. The firm bought 1,386,682 shares during the quarter which increased its stakes to 18,092,862 shares and is now valued at $1,878,762,790. Following these latest developments, around 0.10% of PayPal Holdings, Inc. stocks are owned by institutional investors and hedge funds.