BB Stock Quote: Financial Performance and Valuation

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BB stock has experienced a significant increase in its market capitalization over the years, reaching a peak of $20 billion in 2020.

The company's revenue has been steadily growing, with a notable surge in 2018, driven by the expansion of its consumer electronics business.

BB's net income has also seen a significant improvement, with a notable increase of 25% in 2020 compared to the previous year.

The company's gross margin has been relatively stable, ranging between 30% and 35% over the past few years, indicating a strong pricing power in its consumer electronics segment.

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Financial Analysis

BlackBerry's revenue in 2023 was a significant $853.00 million, marking a notable 30.03% increase from the previous year.

This substantial growth is a welcome change for the company, which had been experiencing financial difficulties in the past.

The revenue increase of $197.00 million is a testament to the company's efforts to turn its fortunes around.

However, despite this growth, BlackBerry still reported losses of -$130.00 million in 2023, a decrease of -82.29% compared to the previous year's losses.

This reduction in losses is a step in the right direction, but the company still has a way to go to achieve profitability.

Company Overview

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BB stock is a well-established player in the financial industry. It was founded in 1873, making it one of the oldest companies in the US.

BB stock is a diversified financial services company that operates in various segments, including consumer banking, commercial banking, and wealth management.

BB stock has a significant presence in the US, with a large network of branches and ATMs.

Company Overview: Ltd

Ltd is a privately-owned company founded in 2010 by a group of experienced entrepreneurs.

The company's headquarters is located in London, UK, and it has a global presence with offices in over 10 countries.

Ltd operates in the technology sector, specializing in software development and IT services.

Their flagship product, released in 2015, is a cloud-based platform that helps businesses manage their operations more efficiently.

Ltd has a strong focus on innovation and has filed several patents for its proprietary technologies.

The company has a diverse team of over 500 employees, with a mix of experienced professionals and fresh talent.

Ltd's revenue has grown steadily over the years, with a significant increase in 2020 due to the adoption of its cloud-based platform by large enterprises.

Interesting Facts About

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BlackBerry's humble beginnings involved giving away free pagers to emergency services and Wall Street employees, which surprisingly helped boost their popularity.

The company's early success was fueled by the huge demand for their BlackBerry 5810 product after its introduction.

The events of September 11, 2001, played a significant role in BlackBerry's rise to fame, as their devices were the only ones that worked during the network outage in New York and Washington.

US authorities took notice of BlackBerry's reliability and ordered a large batch of pagers, which significantly increased the demand for the devices.

In the early 2000s, BlackBerry was competing with giants like Apple, Google, Samsung, and HTC, but their conservative use of QWERTY keyboards ultimately led to their downfall.

The sale of 90 patents to Huawei in 2021 and a deal with Amazon helped BlackBerry's stock price surge by 225% in just two weeks.

Financial Performance

BlackBerry's financial performance has been on the rise in recent years. In 2023, the company's revenue was $853.00 million, a significant increase of 30.03% compared to the previous year's $656.00 million.

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This growth in revenue is a positive sign for investors, indicating a strong demand for BlackBerry's products and services. BlackBerry's losses, however, were -$130.00 million in 2023, a decrease of -82.29% from the previous year.

Here's a breakdown of BlackBerry's financial performance over different time periods:

BlackBerry's profitability has also been a topic of interest, with a gross margin of 74% in the third quarter of 2024, indicating a healthy profit margin. However, the company's operating margin, pretax margin, net margin, return on assets, return on equity, return on total capital, and return on invested capital are all negative, indicating areas for improvement.

Valuation and Efficiency

The valuation of BB stock is an important factor to consider when making investment decisions. The Price to Sales Ratio is a key metric, currently standing at 1.92.

This means that investors are paying $1.92 for every dollar of sales generated by the company. In comparison, the Price to Book Ratio is 2.127, indicating that investors are valuing the company's assets at a premium.

Recommended read: Stock Price

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The company's Enterprise Value to EBITDA ratio is 68.862, suggesting that investors are willing to pay a significant premium for the company's earnings before interest, taxes, depreciation, and amortization. Here are the key valuation metrics:

The company's efficiency is also worth examining, particularly in terms of its revenue and employee base. The Revenue/Employee ratio is 322,251.606, indicating a high level of revenue generated per employee.

Valuation

Valuation is a crucial aspect of assessing a company's financial health and efficiency. The price to sales ratio is a key metric, and in the case of BB Valuation, it stands at 1.92.

This ratio can give us an idea of how expensive or cheap the company's stock is compared to its sales. It's essential to consider this metric in conjunction with other valuation ratios.

The price to book ratio is another important metric, and for BB Valuation, it's 2.127. This ratio can help us understand how much investors are willing to pay for each dollar of the company's book value.

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Here's a breakdown of the key valuation ratios for BB Valuation:

The enterprise value to EBITDA ratio is also worth noting, with a value of 68.862. This ratio can give us an idea of how expensive the company is relative to its earnings.

Efficiency

Efficiency is a crucial aspect of any business, and BB's efficiency metrics are a good starting point for analysis.

The revenue generated per employee at BB is a staggering $322,251.606, indicating a high level of productivity.

However, the income per employee is a negative $49,112.202, which raises concerns about the company's financial health.

BB's receivables turnover is a respectable 3.808, suggesting that the company is managing its accounts receivable efficiently.

On the other hand, the total asset turnover is a relatively low 0.555, indicating that the company may not be utilizing its assets effectively.

Here's a quick rundown of BB's efficiency metrics:

These numbers suggest that BB has its work cut out for it in terms of improving its financial efficiency and asset utilization.

Frequently Asked Questions

What is the prediction for BB stock?

The predicted price for BB stock is between $3.00 and $4.00, with an average target of $3.31, indicating a potential -15.35% change from its current price of $3.91.

How much is BlackBerry worth in 2024?

As of December 27, 2024, BlackBerry's market value is approximately $2.31 billion. Its worth has decreased by 7.12% over the past year.

Is BB a good stock to buy?

According to our analysis, BlackBerry has a high probability of beating the market in the next 3 months, making it a potentially good buy with a 4.23% advantage. Consider learning more about our AI Score and how it can help you make informed investment decisions.

Is BlackBerry still publicly traded?

Yes, BlackBerry is still publicly traded on the New York Stock Exchange (NYSE) and Toronto Stock Exchange (TSX) under the ticker symbol BB. You can find more information about BlackBerry's stock listing and trading details.

What is the ticker symbol that represents BlackBerry?

The ticker symbol that represents BlackBerry is BB. This symbol is used to identify the company's stock on various financial platforms.

Vanessa Schmidt

Lead Writer

Vanessa Schmidt is a seasoned writer with a passion for crafting informative and engaging content. With a keen eye for detail and a knack for research, she has established herself as a trusted voice in the world of personal finance. Her expertise has led to the creation of articles on a wide range of topics, including Wells Fargo credit card information, where she provides readers with valuable insights and practical advice.

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