BCE Inc. [NYSE: BCE] closed the trading session at $44.29 on 12/14/20. The day’s price range saw the stock hit a low of $44.29, while the highest price level was $45.55. The company report on December 3, 2020 that Media Advisory – Prime Minister’s itinerary for Thursday, December 3, 2020.
OTTAWA, ON, Dec. 2, 2020 /CNW/ -.
Note: All times local.
The stocks have a year to date performance of -4.44 percent and weekly performance of -1.51 percent. The stock has been moved at 3.38 percent over the last six months. The stock has performed 3.36 percent around the most recent 30 days and changed 3.53 percent over the most recent 3-months.
If compared to the average trading volume of 1.03M shares, BCE reached to a volume of 3817526 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about BCE Inc. [BCE]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BCE shares is $47.54 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BCE stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Barclays have made an estimate for BCE Inc. shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on October 02, 2020. The new note on the price target was released on August 07, 2020, representing the official price target for BCE Inc. stock.
The Average True Range (ATR) for BCE Inc. is set at 0.71, with the Price to Sales ratio for BCE stock in the period of the last 12 months amounting to 2.21. The Price to Book ratio for the last quarter was 3.05, with the Price to Cash per share for the same quarter was set at 1.46. Price to Free Cash Flow for BCE in the course of the last twelve months was 36.09 with Quick ratio for the last quarter at 0.80.
BCE stock trade performance evaluation
BCE Inc. [BCE] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.51. With this latest performance, BCE shares gained by 3.36% in over the last four-week period, additionally plugging by 3.38% over the last 6 months – not to mention a drop of -6.76% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BCE stock in for the last two-week period is set at 52.65, with the RSI for the last a single of trading hit 49.37, and the three-weeks RSI is set at 55.19 for BCE Inc. [BCE]. The present Moving Average for the last 50 days of trading for this stock 42.78, while it was recorded at 45.34 for the last single week of trading, and 41.80 for the last 200 days.
BCE Inc. [BCE]: An insightful look at the core fundamentals
Operating Margin for any stock indicates how profitable investing would be, and BCE Inc. [BCE] shares currently have an operating margin of +23.82 and a Gross Margin at +31.98. BCE Inc.’s Net Margin is presently recorded at +13.32.
Return on Total Capital for BCE is now 12.30, given the latest momentum, and Return on Invested Capital for the company is 7.63. Return on Equity for this stock inclined to 15.40, with Return on Assets sitting at 5.44. When it comes to the capital structure of this company, BCE Inc. [BCE] has a Total Debt to Total Equity ratio set at 124.78. Additionally, BCE Total Debt to Total Capital is recorded at 55.51, with Total Debt to Total Assets ending up at 43.72. Long-Term Debt to Equity for the company is recorded at 131.31, with the Long-Term Debt to Total Capital now at 47.32.
Reflecting on the efficiency of the workforce at the company, BCE Inc. [BCE] managed to generate an average of $61,248 per employee. Receivables Turnover for the company is 5.89 with a Total Asset Turnover recorded at a value of 0.41.BCE Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.80 and a Current Ratio set at 0.90.
Earnings per share (EPS) analysis for BCE Inc. [BCE] stock
With the latest financial reports released by the company, BCE Inc. posted 0.68/share EPS, while the average EPS was predicted by analysts to be reported at 0.65/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 4.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BCE. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for BCE Inc. go to 2.51%.
BCE Inc. [BCE]: Insider Ownership positions
There are presently around $18,359 million, or 52.90% of BCE stock, in the hands of institutional investors. The top three institutional holders of BCE stocks are: ROYAL BANK OF CANADA with ownership of 82,952,743, which is approximately 0.811% of the company’s market cap and around 0.04% of the total institutional ownership; BANK OF MONTREAL /CAN/, holding 30,304,118 shares of the stock with an approximate value of $1.34 billion in BCE stocks shares; and CAPITAL RESEARCH GLOBAL INVESTORS, currently with $1.24 billion in BCE stock with ownership of nearly 2.591% of the company’s market capitalization.
Positions in BCE Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 199 institutional holders increased their position in BCE Inc. [NYSE:BCE] by around 16,669,749 shares. Additionally, 270 investors decreased positions by around 23,315,376 shares, while 71 investors held positions by with 374,537,794 shares. The mentioned changes placed institutional holdings at 414,522,919 shares, according to the latest SEC report filing. BCE stock had 44 new institutional investments in for a total of 776,273 shares, while 48 institutional investors sold positions of 3,202,110 shares during the same period.