BLDP Feb 2020 5.000 put

OPR - OPR Delayed Price. Currency in USD
0.9500
0.0000 (0.00%)
As of 10:02AM EDT. Market open.
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Previous Close0.9500
Open0.9500
Bid0.7000
Ask0.9500
Strike5.00
Expire Date2020-02-21
Day's Range0.9500 - 0.9500
Contract RangeN/A
Volume1
Open Interest1.31k
  • Ballard Receives PO From BEHALA For 3 x 100kW Fuel Cell Modules to Power German Push Boat
    PR Newswire

    Ballard Receives PO From BEHALA For 3 x 100kW Fuel Cell Modules to Power German Push Boat

    TSX: BLDP) today announced receipt of a purchase order for 3 of its FCveloCity® 100 kilowatt (kW) fuel cell modules from Berlin-based BEHALA (www.behala.de), a port and logistics specialist, to power the world's first zero-emission push boat. The boat, to be named Elektra, will be used primarily to transport goods between Berlin and Hamburg as well as on inner-city transport routes in Berlin. Ballard plans to work with BEHALA and other consortium partners to assist in the design, construction and deployment of the Elektra, with construction of the almost 20 meter long and 8.2 meter wide push boat scheduled to begin this month at the Hermann Barthel shipyard in Derben, Germany, and completion expected by end-2020.

  • Should You Be Pleased About The CEO Pay At Ballard Power Systems Inc.'s (TSE:BLDP)
    Simply Wall St.

    Should You Be Pleased About The CEO Pay At Ballard Power Systems Inc.'s (TSE:BLDP)

    In 2014 Randy MacEwen was appointed CEO of Ballard Power Systems Inc. (TSE:BLDP). This report will, first, examine the...

  • CNW Group

    Ballard's 3-Year Share Price Performance Positions the Company in Toronto Stock Exchange's Inaugural 'TSX30'

    TSX: BLDP) today announced that the Company has been recognized by the Toronto Stock Exchange for its strong 3-year share price performance and named to the inaugural TSX30, a program launched earlier today. The TSX30 program recognizes the top 30 performers on the Toronto Stock Exchange over the period July 2016 to June 2019 , based on share price appreciation. Over the period July 1 st, 2016 to June 30 th, 2019, the price of BLDP shares on TSX rose 222% to C$5.35 , the 12th largest appreciation among all listed companies.

  • CNW Group

    Ballard to be Included in S&P/TSX Composite Index, Effective September 23

    Ballard to be Included in S&P/TSX Composite Index, Effective September 23

  • GlobeNewswire

    Ballard Power Systems to Present at the 8th Annual Gateway Conference on September 4th, 2019

    VANCOUVER, British Columbia, Aug. 28, 2019 -- Ballard Power Systems (Nasdaq and TSX: BLDP) has been invited to present at the 8th Annual Gateway Conference, which is being held.

  • 10 Top-Ranked Stocks Under $20 to Buy Heading into September
    Zacks

    10 Top-Ranked Stocks Under $20 to Buy Heading into September

    Today we've highlighted 10 stocks that are currently trading for under $20 per share that investors might want to buy heading into September...

  • 3 Tech Stocks Under $10 to Buy for August
    Zacks

    3 Tech Stocks Under $10 to Buy for August

    Check out these 3 tech stock trading for less than $10 a share that also hold a Zacks Rank 1 (Strong Buy) or 2 (Buy) at the moment...

  • 3 Takeaways From Ballard Power's Q2 Earnings
    Motley Fool

    3 Takeaways From Ballard Power's Q2 Earnings

    Although there was nothing shocking in this report, there were some unexpected tidbits.

  • Ballard Power Systems Inc (BLDP) Q2 2019 Earnings Call Transcript
    Motley Fool

    Ballard Power Systems Inc (BLDP) Q2 2019 Earnings Call Transcript

    BLDP earnings call for the period ending June 30, 2019.

  • PR Newswire

    Ballard Reports Q2 2019 Results

    Revenue of $23.7M , 23% Gross Margin and ($5.0)M Adjusted EBITDA Order Backlog expanded to $211.6M at end-Q2  12-month Order Book increased 66% to $126.7M at end-Q2 VANCOUVER , July 31, 2019 /PRNewswire/ ...

  • 3 Things to Watch When Ballard Power Systems Reports Q2 Earnings
    Motley Fool

    3 Things to Watch When Ballard Power Systems Reports Q2 Earnings

    This fuel cell leader is pointing to big things happening in 2020. But what can investors expect from its results for the second quarter of 2019?

  • CNW Group

    Ballard Announces Order From Solaris For 12 Fuel Cell Modules to Power Bolzano Buses

    Ballard Announces Order From Solaris For 12 Fuel Cell Modules to Power Bolzano Buses

  • Analysts Estimate Ballard Power Systems (BLDP) to Report a Decline in Earnings: What to Look Out for
    Zacks

    Analysts Estimate Ballard Power Systems (BLDP) to Report a Decline in Earnings: What to Look Out for

    Ballard (BLDP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

  • CNW Group

    Ballard Announces Order From Wrightbus For 15 Fuel Cell Modules to Power Aberdeen Buses

    TSX: BLDP) today announced a purchase order from Wrightbus (www.wrightsgroup.com), a leading bus OEM and Ballard partner headquartered in Northern Ireland , for 15 FCveloCity®-HD 85-kilowatt fuel cell modules to power buses for deployment in Aberdeen, Scotland under the Joint Initiative For Hydrogen Vehicles Across Europe ("JIVE") funding program. The 15 two deck, zero-emission StreetDeck fuel cell electric buses (FCEBs) are 10.9 meters (36 feet) long and can carry up to 64 passengers. All the Ballard modules in this order are expected to ship by end-2019 and the buses are expected to be deployed with First Aberdeen transit agency by end-2020.

  • CNW Group

    Ballard Announces Q2 2019 Results Conference Call

    Ballard Announces Q2 2019 Results Conference Call

  • Ballard Power Systems Announces Purchase of B.C.'s First Fleet of Hydrogen-Powered Fuel Cell Electric Vehicles
    PR Newswire

    Ballard Power Systems Announces Purchase of B.C.'s First Fleet of Hydrogen-Powered Fuel Cell Electric Vehicles

    TSX: BLDP), a global fuel cell pioneer celebrating its 40th anniversary in 2019, today announced that it has arranged for several Ballard employees to purchase B.C.'s first fleet of fuel cell electric vehicles (FCEVs) from Toyota Canada Inc. (TCI). Ballard employees are expected to purchase the Toyota Mirai zero-emission FCEVs powered by hydrogen in 2019, with initial vehicle deliveries completed today.

  • Don’t Believe the Hype Powering PLUG Stock Price
    InvestorPlace

    Don’t Believe the Hype Powering PLUG Stock Price

    Plug Power (NASDAQ:PLUG) stock has performed well year-to-date. The hydrogen fuel cell company has seen its shares soar from $1.24 in January to $2.30 today. Despite the company's many issues (no profitability, dilutive capital structure), investors have high expectations for the company's future prospects.Source: Shutterstock But is PLUG stock a buy?Plug Power talks a good game, but has yet to show tangible results. The company's hype could burn investors if actual results fail to meet expectations.InvestorPlace - Stock Market News, Stock Advice & Trading Tips High Expectations for Q2According to their June 26, 2019 press release, Plug Power is "on pace for the largest second quarter in company history." Plug Power states that fuel cell deployments are set to increase "70% from the second year prior quarter." Sales are "on target to meet full year guidance of $235 to $245 million in gross billings," with "positive adjusted EBITDA" for 2019. * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip This is in stark contrast to results from last quarter. In Q1 2019, gross billings were only $22.8 million. Operating cash flows were at $36.3 million. Inventory was up year over year (YoY) from $47.9 million to $65.5 million.The company claims Q1 results are the product of "end of quarter project timing around revenue recognition." Plug Power also notes the seasonality of their business, with two-thirds of sales occurring in the second half of the year.The company's hype of earnings more than a month prior to their release (early August) is a red flag. Speculation, not tangible results, is the current driver of the PLUG stock price. PLUG Stock Investors Have Bought the HypeThe key catalyst for the stock is new product development. Investors have bid up the PLUG stock price, expecting these new innovations to move the needle.Prior to the company's launch of ProGen, the company focused on the materials-handling business. Plug Power's GenDrive line of products provide fuel cells to power forklifts.But with the launch of the ProGen line, investors expect Plug Power to enter an even bigger market: delivery trucks. Plug Power has inked a deal with European electric vehicle maker StreetScooter to provide fuel cell engines for 100 of their vehicles.There's an even bigger potential catalyst that could move the PLUG stock price. There is some speculation that Plug Power could win big if Amazon (NASDAQ:AMZN) decides to purchase ProGen fuel cell engines in conjunction with bringing logistics in-house.As Plug Power's second-largest customer, Amazon already has an involvement with Plug Power. In 2017, Amazon received warrants to buy up to 55.28 million shares of Plug Power stock, in conjunction with Amazon's purchase of GenDrive products for their warehouse operations.But does this equal future Amazon involvement? With the warrants, Amazon has a clear financial incentive to buy fuel cells from Plug Power. But with announced deal, the Amazon rumors remain speculation. Valuation: PLUG Is in Line With PeersPlug Power's main publicly-traded competitors are Ballard Power Systems (NASDAQ:BLDP), and Hydrogenics Corporation (NASDAQ:HYGS). Neither Plug Power nor its competitors generate net earnings, so other sales metrics are needed to do a comparison.Looking at the enterprise value to sales metric (EV/sales), PLUG appears to be fairly valued. The TTM EV/sales ratio for PLUG is 4.82, lower than both BLDP (8.98) and HYGS (8.07).Unlike its competitors, PLUG has shown YoY sales growth (about 50%). BLDP and HYGS have seen sales declines of 22% and 28.8%, respectively. Plug's Capital Structure Could Lead to Shareholder DilutionAccording to Plug Power's last 10-Q filing, the company had 245.4 million outstanding shares. But add in 21.1 million outstanding stock options, 2.37 million restricted shares, 115.8 million warrants, preferred stock convertible into 17.9 million shares, and senior notes convertible into 43.63 million shares, and the number of "dilutive potential common shares" is 200.87 million. This increases share count by about 82%.If Plug Power reaches profitability, the dilutive capital structure minimizes potential upside. Investors should keep this in mind before buying PLUG stock. Bottom Line: Plug Stock More Hype Than OpportunityFuel cell technology will likely remain a niche product, but may gain heavy market share in delivery fleets. This trend could add fuel to the PLUG stock price.Plug Power is moving in the right direction by targeting the electric delivery vehicle market, but needs capital to turn this strategy into profits. The company's capital structure is already potentially dilutive. Future capital infusions could further reduce potential upside for PLUG common stock holders.Investors have bid up Plug Power stock on high growth expectations. But with lack of tangible performance results until August, Plug Power is not a buy today.On the other hand, investors should be cautious trading around Plug Power stock. Given the company's small size (market cap of $569 million), any crumb of "good news" could send PLUG stock price higher.It's tough to "predict the unpredictable." With Plug Power, there are too many questions, and not enough answers.As of this writing, Thomas Niel did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 9 Retail Stocks Goldman Sachs Says Are Ready to Rip * 7 Services Stocks to Buy for the Rest of 2019 * 6 Stocks to Buy and 1 to Sell Based on Insider Trading The post Don't Believe the Hype Powering PLUG Stock Price appeared first on InvestorPlace.