A share price of BCE Inc [BCE] is currently trading at $23.91, down -0.71%. 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 2.31% over the last week, with a monthly amount glided 1.61%, 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 February 07, 2025, when JP Morgan downgraded its rating to a Underweight. Previously, BofA Securities downgraded its rating to Underperform on January 14, 2025. Edward Jones downgraded its rating to a Hold. Canaccord Genuity downgraded its rating to a Hold. CIBC upgraded its rating to Sector Outperform for this stock on April 23, 2024. In a note dated April 02, 2024, BMO Capital Markets downgraded an Market Perform rating on this stock.
BCE Inc experienced fluctuations in its stock price throughout the past year between $21.87 and $37.55. Currently, Wall Street analysts expect the stock to reach $49.96 within the next 12 months. BCE Inc [NYSE: BCE] shares were valued at $23.91 at the most recent close of the market. An investor can expect a potential return of 108.95% based on the average BCE price forecast.
Analyzing the BCE fundamentals
Trailing Twelve Months sales for BCE Inc [NYSE:BCE] were 17.82B which represents -3.37% 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. 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 23.77 points at the first support level, and at 23.63 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.15, and for the 2nd resistance point, it is at 24.39.
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 1.22, the price to book ratio is 2.09 and price to earnings (TTM) ratio is 340.11.
