BlackBerry (BB) to Release Earnings on Wednesday

BlackBerry (TSE:BBGet Free Report) (NASDAQ:BBRY) will be releasing its earnings data after the market closes on Wednesday, April 3rd. Analysts expect BlackBerry to post earnings of C($0.04) per share for the quarter.

BlackBerry Trading Down 0.5 %

Shares of BB opened at C$3.71 on Monday. The company has a market capitalization of C$2.17 billion, a PE ratio of -2.77, a price-to-earnings-growth ratio of 0.06 and a beta of 1.09. The company has a debt-to-equity ratio of 27.15, a quick ratio of 1.49 and a current ratio of 0.89. BlackBerry has a fifty-two week low of C$3.35 and a fifty-two week high of C$7.82. The stock has a fifty day moving average of C$3.78 and a two-hundred day moving average of C$4.72.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Canaccord Genuity Group cut their price target on BlackBerry from C$4.25 to C$3.25 and set a “hold” rating on the stock in a report on Wednesday, February 14th. Royal Bank of Canada lowered their target price on BlackBerry from C$4.50 to C$4.00 and set a “sector perform” rating on the stock in a report on Thursday, December 21st. Finally, TD Securities cut their target price on BlackBerry from C$4.00 to C$3.00 and set a “sector perform” rating on the stock in a research report on Wednesday, February 14th.

Get Our Latest Stock Report on BlackBerry

Insider Buying and Selling

In other news, Director Philip Gordon Brace purchased 35,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 14th. The shares were acquired at an average cost of C$2.79 per share, for a total transaction of C$97,650.00. 1.67% of the stock is currently owned by corporate insiders.

BlackBerry Company Profile

(Get Free Report)

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide. The company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The company offers CylancePROTECT, an endpoint protection platform and mobile threat defense solution; CylanceOPTICS, an endpoint detection and response solution; CylanceGUARD, a managed detection and response solution; CylanceGATEWAY, an AI-empowered zero-trust network access solution; CylancePERSONA, a user and entity behavior analytics solution; BlackBerry unified endpoint management, a central software component for secure communications platform; BlackBerry Dynamics, a development platform and secure container for mobile applications; and BlackBerry Workspaces solutions.

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Earnings History for BlackBerry (TSE:BB)

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