At the time of writing, Bank of Montreal [BMO] stock is trading at $100.47, up 1.81%. An important factor to consider is whether the stock is rising or falling in short-term value. The BMO shares have gain 0.76% over the last week, with a monthly amount glided 2.75%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bank of Montreal [NYSE: BMO] stock has seen the most recent analyst activity on January 08, 2025, when RBC Capital Mkts upgraded its rating to a Outperform. Previously, Scotiabank upgraded its rating to Sector Outperform on December 06, 2024. On December 06, 2024, upgrade upgraded it’s rating to Sector Outperform. Scotiabank downgraded its rating to a Sector Perform. BofA Securities downgraded its rating to a Neutral. TD Securities downgraded its rating to Hold for this stock on August 27, 2024. In a note dated August 27, 2024, Jefferies downgraded an Hold rating on this stock.
For the past year, the stock price of Bank of Montreal fluctuated between $76.98 and $104.63. Currently, Wall Street analysts expect the stock to reach $120.95 within the next 12 months. Bank of Montreal [NYSE: BMO] shares were valued at $100.47 at the most recent close of the market. An investor can expect a potential return of 20.38% based on the average BMO price forecast.
Analyzing the BMO fundamentals
According to Bank of Montreal [NYSE:BMO], the company’s sales were 58.01B for trailing twelve months, which represents an 6.54% jump. Gross Profit Margin for this corporation currently stands at 1.02% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.12.
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 99.25 points at the first support level, and at 98.02 for the second support level. However, for the 1st resistance point, the stock is sitting at 101.09, and for the 2nd resistance point, it is at 101.70.
Ratios To Look Out For
It is important to note that Bank of Montreal [NYSE:BMO] has a current ratio of 0.56. Considering the valuation of this stock, the price to sales ratio is 1.26, the price to book ratio is 1.34 and price to earnings (TTM) ratio is 14.39.
