BCE Inc [BCE] stock prices are down -0.04% to $22.96 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The BCE shares have gain 1.95% over the last week, with a monthly amount drifted -0.69%, and not 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.
The stock price of BCE Inc [BCE] has been fluctuating between $21.87 and $36.17 over the past year. Currently, Wall Street analysts expect the stock to reach $49.96 within the next 12 months. BCE Inc [NYSE: BCE] shares were valued at $22.96 at the most recent close of the market. An investor can expect a potential return of 117.6% based on the average BCE price forecast.
Analyzing the BCE fundamentals
The BCE Inc [NYSE:BCE] reported sales of 17.82B for trailing twelve months, representing a drop of -3.37%. Gross Profit Margin for this corporation currently stands at 0.49% with Operating Profit Margin at 0.22%, 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 0.02 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 2.24.
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 22.73 points at the first support level, and at 22.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.27, and for the 2nd resistance point, it is at 23.57.
Ratios To Look Out For
It’s worth pointing out that BCE Inc [NYSE:BCE]’s Current Ratio is 0.55. Further, the Quick Ratio stands at 0.53, while the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 1.19, the price to book ratio is 2.23 and price to earnings (TTM) ratio is 184.86.
