Financial Metrics Exploration: Understanding Bristol-Myers Squibb Co. (BMY) Through Ratios

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The closing price of Bristol-Myers Squibb Co. (NYSE: BMY) was $43.67 for the day, down -0.84% from the previous closing price of $44.04. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 11.93 million shares were traded. BMY stock price reached its highest trading level at $44.22 during the session, while it also had its lowest trading level at $43.555.

Ratios:

Our analysis of BMY’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 9.15 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 7.08. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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 88523456512 and an Enterprise Value of 137118490624. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.94 while its Price-to-Book (P/B) ratio in mrq is 5.37. Its current Enterprise Value per Revenue stands at 3.011 whereas that against EBITDA is 7.546.

Stock Price History:

Over the past 52 weeks, BMY has reached a high of $69.10, while it has fallen to a 52-week low of $43.33. The 50-Day Moving Average of the stock is -12.71%, while the 200-Day Moving Average is calculated to be -18.31%.

Shares Statistics:

BMY traded an average of 15.52M shares per day over the past three months and 17800720 shares per day over the past ten days. A total of 2.03B shares are outstanding, with a floating share count of 2.03B. Insiders hold about 0.08% of the company’s shares, while institutions hold 78.58% stake in the company. Shares short for BMY as of 1713139200 were 34364180 with a Short Ratio of 2.21, compared to 1710460800 on 37254166. Therefore, it implies a Short% of Shares Outstanding of 34364180 and a Short% of Float of 1.7000000000000002.

Dividends & Splits

With its trailing 12-month dividend rate of 2.34, BMY has a forward annual dividend rate of 2.34. Against a Trailing Annual Dividend Yield of 0.053133514The stock’s 5-year Average Dividend Yield is 3.25.

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