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After finishing at $48.98 in the prior trading day, Bristol-Myers Squibb Co. (NYSE: BMY) closed at $48.44, down -1.10%. In other words, the price has decreased by -$1.10 from its previous closing price. On the day, 7.72 million shares were traded. BMY stock price reached its highest trading level at $49.17 during the session, while it also had its lowest trading level at $48.16.
Ratios:
Our goal is to gain a better understanding of BMY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.02 and its Current Ratio is at 1.16. In the meantime, Its Debt-to-Equity ratio is 3.17 whereas as Long-Term Debt/Eq ratio is at 2.96.
Redburn Atlantic Downgraded its Buy to Neutral on February 06, 2024, whereas the target price for the stock was revised from $77 to $54.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 05 ’23 when BOERNER CHRISTOPHER S. bought 2,000 shares for $49.78 per share. The transaction valued at 99,560 led to the insider holds 82,672 shares of the business.
BOERNER CHRISTOPHER S. bought 3,071 shares of BMY for $150,049 on Nov 28 ’23. The Chief Executive Officer now owns 79,384 shares after completing the transaction at $48.86 per share. On Nov 20 ’23, another insider, Samuels Theodore R. II, who serves as the Director of the company, bought 8,500 shares for $49.81 each. As a result, the insider paid 423,385 and bolstered with 35,500 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BMY now has a Market Capitalization of 98207252480 and an Enterprise Value of 145612029952. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.11 while its Price-to-Book (P/B) ratio in mrq is 5.77. Its current Enterprise Value per Revenue stands at 3.131 whereas that against EBITDA is 7.644.
Stock Price History:
Over the past 52 weeks, BMY has reached a high of $63.41, while it has fallen to a 52-week low of $39.35. The 50-Day Moving Average of the stock is 9.87%, while the 200-Day Moving Average is calculated to be 1.19%.
Shares Statistics:
The stock has traded on average 16.30M shares per day over the past 3-months and 12469730 shares per day over the last 10 days, according to various share statistics. A total of 2.03B shares are outstanding, with a floating share count of 2.02B. Insiders hold about 0.24% of the company’s shares, while institutions hold 79.92% stake in the company. Shares short for BMY as of 1722384000 were 26419786 with a Short Ratio of 1.62, compared to 1719532800 on 31622026. Therefore, it implies a Short% of Shares Outstanding of 26419786 and a Short% of Float of 1.2999999.
Dividends & Splits
In the trailing 12 months, BMY’s forward annual dividend rate was 2.37, compared to 2.37 this year. Against a Trailing Annual Dividend Yield of 0.048387095The stock’s 5-year Average Dividend Yield is 3.34.
