BlackBerry Limited (NASDAQ:BBRY) most recently reported quarterly actual earnings per share of $-0.02 for the period ending on 2016-05-31. Prior to the company reporting, consensus estimates based on data from Zacks Research projected the company to report EPS of $-0.1. The difference between the estimate and the actual EPS was $0.08 creating a surprise factor of 80%. Currently, the company has an impact score of 44. The likelihood that the stock will move on news is greater with a higher impact score. According to Beta Research, the stock has a sentiment score of 0.089. On a scale between 1 and -1, a positive score tends to portray a favorable view of company results by news outlets. The opposite is true for a negative sentiment score.
In taking a look at where the stock might be headed, analysts have a consensus price target of $7.666 on the shares. The most bullish brokerage firm has a $10.5 target, while the most bearish sees the stock headed towards $6. This is according to the 12 estimates taken into consideration by Zacks Research.
In terms of Buy/Sell recommendations, analysts have a consensus rating of 2.93. This is according to a simplified scale where 1 represents a Strong Buy and 5 a Strong Sell recommendation. There were 12 recommendations taking into account in order to arrive at this number. Of the 12, 1 have a Strong Buy rating and 2 are rating it a Buy.
BlackBerry Limited, formerly Research In Motion Limited is a designer, manufacturer and marketer of wireless solutions for the worldwide mobile communications market. Through the development of integrated hardware, software and services, it provides platforms and solutions for seamless access to information, including e-mail, voice, instant messaging, short message service (SMS), Internet and intranet-based applications and browsing. The Company’s technology also enables an array of third party developers and manufacturers to enhance their products and services through software development kits, wireless connectivity to data and third-party support programs. Its portfolio of products, services and embedded technologies are used by thousands of organizations and millions of consumers around the world and include the BlackBerry wireless solution, and the RIM Wireless Handheld product line. Effective May 31, 2013, BlackBerry Ltd acquired Scroon SA.
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