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Bristol-Myers Squibb Co. (NYSE: BMY) closed the day trading at $41.20 up 2.62% from the previous closing price of $40.15. In other words, the price has increased by $2.62 from its previous closing price. On the day, 13.25 million shares were traded. BMY stock price reached its highest trading level at $41.27 during the session, while it also had its lowest trading level at $40.09.
Ratios:
For a better understanding of BMY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.63 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.68. For the most recent quarter (mrq), Quick Ratio is recorded 0.99 and its Current Ratio is at 1.11. In the meantime, Its Debt-to-Equity ratio is 3.48 whereas as Long-Term Debt/Eq ratio is at 3.10.
On February 06, 2024, Redburn Atlantic Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $77 to $54.
BofA Securities Downgraded its Buy to Neutral on January 03, 2024, whereas the target price for the stock was revised from $68 to $60.
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 83516522496 and an Enterprise Value of 131361521664. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.83 while its Price-to-Book (P/B) ratio in mrq is 5.06. Its current Enterprise Value per Revenue stands at 2.885 whereas that against EBITDA is 7.229.
Stock Price History:
The Beta on a monthly basis for BMY is 0.43, which has changed by -0.33612633 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, BMY has reached a high of $65.38, while it has fallen to a 52-week low of $39.35. The 50-Day Moving Average of the stock is -1.98%, while the 200-Day Moving Average is calculated to be -16.02%.
Shares Statistics:
Over the past 3-months, BMY traded about 15.42M shares per day on average, while over the past 10 days, BMY traded about 14580720 shares per day. A total of 2.03B shares are outstanding, with a floating share count of 2.03B. Insiders hold about 0.07% of the company’s shares, while institutions hold 78.62% stake in the company. Shares short for BMY as of 1719532800 were 31622026 with a Short Ratio of 2.05, compared to 1717113600 on 28729419. Therefore, it implies a Short% of Shares Outstanding of 31622026 and a Short% of Float of 1.5599999999999998.
Dividends & Splits
BMY’s forward annual dividend rate is 2.37, up from 2.34 a year ago. Against a Trailing Annual Dividend Yield of 0.05828144The stock’s 5-year Average Dividend Yield is 3.32. The current Payout Ratio is 59.82% for BMY, which recently paid a dividend on 2024-07-05 with an ex-dividend date of 1720137600. Stock splits for the company last occurred on 2001-08-07 when the company split stock in a 1000000:951777 ratio.
