BCE Inc (NYSE: BCE) is -2.03% lower on its value in year-to-date trading and has touched a low of $21.62 and a high of $36.17 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 $22.66 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $22.71, the stock is -2.42% and -3.41% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.19 million and changing 0.22% at the moment leaves the stock -21.51% off its SMA200. BCE registered -31.14% loss for a year compared to 6-month loss of -34.06%. The firm has a 50-day simple moving average (SMA 50) of $23.5126 and a 200-day simple moving average (SMA200) of $28.93425.
The stock witnessed a -7.27% gain in the last 1 month and extending the period to 3 months gives it a -2.36%, and is -1.13% 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 3.36% over the week and 2.28% over the month.
BCE Inc (BCE) has around 40390 employees, a market worth around $20.93B and $17.82B in sales. Current P/E ratio is 182.85 and Fwd P/E is 12.02. Profit margin for the company is 0.64%. Distance from 52-week low is 5.04% and -37.21% from its 52-week high. The company has generated returns on investments over the last 12 months (0.33%).
with sales reaching $5.93B over the same period.The EPS is expected to shrink by -8.91% this year, but quarterly earnings will post -0.49% year-over-year. Quarterly sales are estimated to shrink -1.29% in year-over-year returns.
BCE Inc (BCE) Top Institutional Holders
670.0 institutions hold shares in BCE Inc (BCE), with institutional investors hold 41.64% of the company’s shares. The shares outstanding are 921.83M, and float is at 920.98M with Short Float at 5.74%. Institutions hold 41.63% 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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