BCE Inc (NYSE: BCE) is -32.00% lower on its value in year-to-date trading and has touched a low of $26.45 and a high of $41.77 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BCE stock was last observed hovering at around $26.97 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $26.78, the stock is -1.26% and -12.16% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.72 million and changing -0.70% at the moment leaves the stock -19.19% off its SMA200. BCE registered -34.19% loss for a year compared to 6-month loss of -21.76%. The firm has a 50-day simple moving average (SMA 50) of $30.486 and a 200-day simple moving average (SMA200) of $33.14075.
The stock witnessed a -6.82% gain in the last 1 month and extending the period to 3 months gives it a -25.78%, and is -0.92% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.78% over the week and 2.01% over the month.
BCE Inc (BCE) has around 45132 employees, a market worth around $24.43B and $17.98B in sales. Current P/E ratio is 380.94 and Fwd P/E is 13.04. Profit margin for the company is 0.36%. Distance from 52-week low is 1.25% and -35.89% from its 52-week high. The company has generated returns on investments over the last 12 months (0.17%).
with sales reaching $6.33B over the same period.The EPS is expected to shrink by -10.38% this year, but quarterly earnings will post -1.64% year-over-year. Quarterly sales are estimated to shrink -2.22% in year-over-year returns.
BCE Inc (BCE) Top Institutional Holders
764.0 institutions hold shares in BCE Inc (BCE), with institutional investors hold 43.27% of the company’s shares. The shares outstanding are 912.28M, and float is at 911.71M with Short Float at 4.70%. Institutions hold 43.26% of the Float.
The top institutional shareholder in the company is ROYAL BANK OF CANADA with over 49.97 million shares valued at $1.62 billion. The investor’s holdings represent 5.4778% of the BCE Shares outstanding. As of 2024-06-30, the second largest holder is BANK OF MONTREAL /CAN/ with 37.53 million shares valued at $1.24 billion to account for 4.1135 of the shares outstanding. The other top investors are CIBC WORLD MARKET INC. which holds 22.91 million shares representing 2.5112% and valued at over $741.58 million, while FIL LTD holds 2.2781 of the shares totaling 20.78 million with a market value of $673.16 million.
BCE Inc (BCE) Insider Activity
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