At the time of writing, BCE Inc [BCE] stock is trading at $23.70, down -0.75%. 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 2.38% over the last week, with a monthly amount glided 3.63%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
BCE Inc [NYSE: BCE] stock has seen the most recent analyst activity on January 14, 2025, when BofA Securities downgraded its rating to a Underperform. On November 05, 2024, downgrade downgraded it’s rating to Hold. Canaccord Genuity downgraded its rating to a Hold. CIBC upgraded its rating to a Sector Outperform. BMO Capital Markets downgraded its rating to Market Perform for this stock on April 02, 2024. In a note dated March 04, 2024, Argus downgraded an Hold rating on this stock.
For the past year, the stock price of BCE Inc fluctuated between $21.87 and $41.15. Currently, Wall Street analysts expect the stock to reach $49.96 within the next 12 months. BCE Inc [NYSE: BCE] shares were valued at $23.70 at the most recent close of the market. An investor can expect a potential return of 110.8% based on the average BCE price forecast.
Analyzing the BCE fundamentals
According to BCE Inc [NYSE:BCE], the company’s sales were 17.98B for trailing twelve months, which represents an -3.43% plunge. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.27.
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 23.58 points at the first support level, and at 23.45 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.92, and for the 2nd resistance point, it is at 24.13.
Ratios To Look Out For
It is important to note that BCE Inc [NYSE:BCE] has a current ratio of 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 1.20, the price to book ratio is 2.07 and price to earnings (TTM) ratio is 337.13.
