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The price of Bristol-Myers Squibb Co. (NYSE: BMY) closed at $42.98 in the last session, up 0.73% from day before closing price of $42.67. In other words, the price has increased by $0.73 from its previous closing price. On the day, 17.47 million shares were traded. BMY stock price reached its highest trading level at $43.075 during the session, while it also had its lowest trading level at $41.9.
Ratios:
We take a closer look at BMY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.96. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 87124754432 and an Enterprise Value of 134969761792. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.91 while its Price-to-Book (P/B) ratio in mrq is 5.28. Its current Enterprise Value per Revenue stands at 2.964 whereas that against EBITDA is 7.427.
Stock Price History:
The Beta on a monthly basis for BMY is 0.44, which has changed by -0.3221889 over the last 52 weeks, in comparison to a change of 0.21656322 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 2.61%, while the 200-Day Moving Average is calculated to be -11.70%.
Shares Statistics:
According to the various share statistics, BMY traded on average about 15.77M shares per day over the past 3-months and 15454280 shares per day over the past 10 days. 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 2.01, 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
The forward annual dividend rate for BMY is 2.37, which was 2.34 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.054839466The 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.
