Currently, Bristol-Myers Squibb Co [BMY] is trading at $57.88, up 3.67%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BMY shares have gain 7.38% over the last week, with a monthly amount drifted -2.13%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bristol-Myers Squibb Co [NYSE: BMY] stock has seen the most recent analyst activity on December 16, 2024, when Jefferies upgraded its rating to a Buy but kept the price target unchanged to $70 for it. On November 15, 2024, Wolfe Research initiated with a Peer Perform rating. Daiwa Securities upgraded its rating to a Outperform. Leerink Partners upgraded its rating to a Outperform but $73 remained the price target by the analyst firm on November 12, 2024. Citigroup downgraded its rating to Neutral for this stock on October 25, 2024, and downed its price target to $55. In a note dated October 17, 2024, Bernstein initiated an Mkt Perform rating and provided a target price of $56 on this stock.
This stock has fluctuated between a low of $39.35 and a high of $61.10 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $61 within the next 12 months. Bristol-Myers Squibb Co [NYSE: BMY] shares were valued at $57.88 at the most recent close of the market. An investor can expect a potential return of 5.39% based on the average BMY price forecast.
Analyzing the BMY fundamentals
Trailing Twelve Months sales for Bristol-Myers Squibb Co [NYSE:BMY] were 48.30B which represents 7.54% growth. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at -0.17%, and Net Profit Margin reading is -0.19%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.53 and Total Capital is 0.13. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of3.13.
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 56.55 points at the first support level, and at 55.23 for the second support level. However, for the 1st resistance point, the stock is sitting at 58.60, and for the 2nd resistance point, it is at 59.33.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Bristol-Myers Squibb Co [NYSE:BMY] is 1.25. Also, the Quick Ratio is 1.15, while the Cash Ratio stands at 0.44. Considering the valuation of this stock, the price to sales ratio is 2.43, the price to book ratio is 7.19.
Transactions by insiders
Recent insider trading involved BOERNER CHRISTOPHER S., Chief Executive Officer, that happened on Feb 20 ’25 when 2000.0 shares were purchased. EVP,Chief Med.Offr.,Drug Dev., Hirawat Samit completed a deal on Feb 14 ’25 to buy 1823.0 shares. Meanwhile, SVP and Controller Holzer Phil M sold 700.0 shares on Nov 04 ’24.
