The closing price of BCE Inc (NYSE: BCE) was $32.98 for the day, up 0.12% from the previous closing price of $32.94. In other words, the price has increased by $+0.04 from its previous closing price. On the day, 3503751 shares were traded.
Ratios:
Our analysis of BCE’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.39 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.18. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.60. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 1.54.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BCE now has a Market Capitalization of 30.17B and an Enterprise Value of 58.18B. As of this moment, BCE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.56, and their Forward P/E ratio for the next fiscal year is 14.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.65 while its Price-to-Book (P/B) ratio in mrq is 2.40. Its current Enterprise Value per Revenue stands at 2.36 whereas that against EBITDA is 5.99.
Stock Price History:
Over the past 52 weeks, BCE has reached a high of $48.38, while it has fallen to a 52-week low of $32.38. The 50-Day Moving Average of the stock is 36.96, while the 200-Day Moving Average is calculated to be 39.78.
Shares Statistics:
BCE traded an average of 2.61M shares per day over the past three months and 3.27M shares per day over the past ten days. A total of 912.27M shares are outstanding, with a floating share count of 911.65M. Insiders hold about 0.07% of the company’s shares, while institutions hold 44.27% stake in the company. Shares short for BCE as of Mar 15, 2024 were 16.17M with a Short Ratio of 6.21, compared to 10.33M on Feb 15, 2024.
Dividends & Splits
With its trailing 12-month dividend rate of 3.87, BCE has a forward annual dividend rate of 2.91. Against a Trailing Annual Dividend Yield of 11.75%, it implies a Forward Annual Dividend Yield of 8.63%. The stock’s 5-year Average Dividend Yield is 5.81. The current Payout Ratio is 170.05% for BCE, which recently paid a dividend on Apr 15, 2024 with an ex-dividend date of Mar 14, 2024. Stock splits for the company last occurred on Jul 11, 2006 when the company split stock in a 0:1 ratio.
Earnings Estimates
The firm’s stock currently is rated by 9 analysts. On average, analysts expect EPS of $0.53 for the current quarter, with a high estimate of $0.58 and a low estimate of $0.49, while EPS last year was $0.64. The consensus estimate for the next quarter is $0.59, with high estimates of $0.63 and low estimates of $0.55.
Analysts are recommending an EPS of between $2.39 and $2.15 for the fiscal current year, implying an average EPS of $2.25. EPS for the following year is $2.36, with 13 analysts recommending between $2.55 and $2.24.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 7 analysts. It ranges from a high estimate of $4.56B to a low estimate of $4.42B. As of the current estimate, BCE Inc’s year-ago sales were $4.51B, an estimated decrease of -0.70% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $4.54B, an increase of 1.60% over than the figure of -$0.70% in the same quarter last year. There is a high estimate of $4.55B for the next quarter, whereas the lowest estimate is $4.52B.
A total of 13 analysts have provided revenue estimates for BCE’s current fiscal year. The highest revenue estimate was $18.58B, while the lowest revenue estimate was $18.18B, resulting in an average revenue estimate of $18.38B. In the same quarter a year ago, actual revenue was $18.18B, up 1.10% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $18.69B in the next fiscal year. The high estimate is $19.04B and the low estimate is $18.37B. The average revenue growth estimate for next year is up 1.70% from the average revenue estimate for this year.
