As of close of business last night, BCE Inc’s stock clocked out at $34.04, down -4.84% from its previous closing price of $35.77. In other words, the price has decreased by -$0.99 from its previous closing price. On the day, 7713375 shares were traded.
Ratios:
To gain a deeper understanding of BCE’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.11 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.57. 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 31.20B and an Enterprise Value of 59.32B. As of this moment, BCE’s Price-to-Earnings (P/E) ratio for their current fiscal year is 20.18, and their Forward P/E ratio for the next fiscal year is 14.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.78. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.70 while its Price-to-Book (P/B) ratio in mrq is 2.47. Its current Enterprise Value per Revenue stands at 2.40 whereas that against EBITDA is 6.11.
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 $35.67. The 50-Day Moving Average of the stock is 38.80, while the 200-Day Moving Average is calculated to be 40.55.
Shares Statistics:
It appears that BCE traded 2.35M shares on average per day over the past three months and 3.17M shares per day over the past ten days. A total of 912.27M shares are outstanding, with a floating share count of 911.66M. Insiders hold about 0.07% of the company’s shares, while institutions hold 44.16% stake in the company. Shares short for BCE as of Feb 29, 2024 were 8.56M with a Short Ratio of 3.78, compared to 8.87M on Jan 31, 2024.
Dividends & Splits
With its trailing 12-month dividend rate of 3.87, BCE has a forward annual dividend rate of 2.86. Against a Trailing Annual Dividend Yield of 11.05%, it implies a Forward Annual Dividend Yield of 8.69%. 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
As of right now, 9 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.55 for the current quarter, with a high estimate of $0.61 and a low estimate of $0.52, while EPS last year was $0.64. The consensus estimate for the next quarter is $0.59, with high estimates of $0.62 and low estimates of $0.55.
Analysts are recommending an EPS of between $2.4 and $2.19 for the fiscal current year, implying an average EPS of $2.27. EPS for the following year is $2.39, with 14 analysts recommending between $2.56 and $2.3.
Revenue Estimates
In the current quarter, 5 analysts expect revenue to total $4.55B. It ranges from a high estimate of $4.58B to a low estimate of $4.5B. As of the current estimate, BCE Inc’s year-ago sales were $4.51B, an estimated increase of 0.70% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $4.57B, an increase of 2.20% over than the figure of $0.70% in the same quarter last year. There is a high estimate of $4.58B for the next quarter, whereas the lowest estimate is $4.55B.
A total of 14 analysts have provided revenue estimates for BCE’s current fiscal year. The highest revenue estimate was $18.72B, while the lowest revenue estimate was $18.28B, resulting in an average revenue estimate of $18.52B. In the same quarter a year ago, actual revenue was $18.28B, up 1.30% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $18.86B in the next fiscal year. The high estimate is $19.21B and the low estimate is $18.48B. The average revenue growth estimate for next year is up 1.80% from the average revenue estimate for this year.
