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 41.55% 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 51.96.
The shares of the company added by 1.09% during the trading session on Tuesday, reaching a low of $9.22 while ending the day at $9.30. During the trading session, a total of 3.41 million shares were traded which represents a 15.79% incline from the average session volume which is 4.05M shares. BB had ended its last session trading at 9.20. BlackBerry Limited currently has a market cap of $5.09B, while its P/E ratio stands at 62.42, while its P/E earnings growth sits at 5.63, 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 April 11th, 2019 where it informed investors and clients that The Home Depot, Inc. (NYSE:HD) is now rated as Neutral. Their price target on the stock stands at $215. Macquarie also rated HD as Reiterated on January 16th, 2018, with its price target of $15.50 suggesting that HD could down by -0.45% from its current share price. Even though the stock has been trading at $204.86/share, analysts expect it to surge higher by -0.19% to reach $203.55/share. It started the day trading at $205.99 and traded between $204.29 and $204.47 throughout the trading session.
A look at its technical shows that HDâ€™s 50-day SMA is 189.94 while its 200-day SMA stands at 188.88. At the moment, only of The Home Depot, Inc. shares were sold short. The companyâ€™s average trading volume currently stands at 4.49M shares, which means that the short-interest ratio is just 2.14 days. Over the past seven days, the company moved, with its shift of 1.78%. Looking further, the stock has raised 15.87% over the past 90 days while it gained 6.23% 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 HD shares, increasing its portfolio by +0.64% during the last quarter. This move now sees The Vanguard Group Inc purchasing 518,269 shares in the last quarter, thus it now holds 81,726,121 shares of HD, with a total valuation of $15,682,425,359. Capital Research Management Co meanwhile bought more HD shares in the recently filed quarter, changing its stake to $10,965,336,831 worth of shares. SSgA Funds Management Inc followed the path by decreasing its HD portfolio by -3.29% in the quarter. This means that SSgA Funds Management Inc sold -1,771,151 shares in the last quarter and now controls 51,989,867 shares of the HD stock, with the valuation hitting $9,976,335,579.
Similarly, Fidelity Management Research Co decreased its The Home Depot, Inc. shares by -17.59% during the recently filed quarter. After selling -4,964,438 shares in the last quarter, the firm now controls 23,262,230 shares of The Home Depot, Inc. which are valued at $4,463,789,315. In the same vein, Northern Trust Investments Inc increased its The Home Depot, Inc. shares by during the most recent reported quarter. The firm bought 346,858 shares during the quarter which increased its stakes to 16,698,638 shares and is now valued at $3,204,301,646. Following these latest developments, around 0.10% of The Home Depot, Inc. stocks are owned by institutional investors and hedge funds.