A share price of BCE Inc [BCE] is currently trading at $23.26, up 0.35%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BCE shares have gain 1.57% over the last week, with a monthly amount drifted -13.98%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Edward Jones downgraded its rating to Hold on November 05, 2024. On November 05, 2024, downgrade downgraded it’s rating to Hold. CIBC upgraded its rating to a Sector Outperform. BMO Capital Markets downgraded its rating to a Market Perform. Argus downgraded its rating to Hold for this stock on March 04, 2024. In a note dated February 02, 2024, TD Securities downgraded an Hold rating on this stock.
BCE Inc experienced fluctuations in its stock price throughout the past year between $22.18 and $41.77. Currently, Wall Street analysts expect the stock to reach $49.96 within the next 12 months. BCE Inc [NYSE: BCE] shares were valued at $23.26 at the most recent close of the market. An investor can expect a potential return of 114.79% based on the average BCE price forecast.
Analyzing the BCE fundamentals
Trailing Twelve Months sales for BCE Inc [NYSE:BCE] were 17.98B which represents -3.43% decline. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of2.27.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 23.03 points at the first support level, and at 22.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.56, and for the 2nd resistance point, it is at 23.85.
Ratios To Look Out For
To put it in perspective, the Current Ratio for BCE Inc [NYSE:BCE] is 0.57. Also, the Quick Ratio is 0.55, while the Cash Ratio stands at 0.13. Considering the valuation of this stock, the price to sales ratio is 1.18, the price to book ratio is 2.03 and price to earnings (TTM) ratio is 330.87.
