BCE Inc (NYSE: BCE) is -6.56% lower on its value in year-to-date trading and has touched a low of $20.28 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 $21.57 in the last trading session, with the day’s gains setting it 0.09%.
Currently trading at $21.66, the stock is -0.67% and -2.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.47 million and changing 0.42% at the moment leaves the stock -20.48% off its SMA200. BCE registered -36.92% loss for a year compared to 6-month loss of -19.30%.
The stock witnessed a -3.22% gain in the last 1 month and extending the period to 3 months gives it a -7.51%, and is -1.46% 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 2.11% over the week and 2.72% over the month.
BCE Inc (BCE) has around 40390 employees, a market worth around $19.97B and $17.49B in sales. Current P/E ratio is 78.88 and Fwd P/E is 11.52. Profit margin for the company is 1.45%. Distance from 52-week low is 6.80% and -40.12% from its 52-week high. The company has generated returns on investments over the last 12 months (0.71%).
with sales reaching $5.92B over the same period.The EPS is expected to shrink by -6.70% this year, but quarterly earnings will post -0.80% year-over-year. Quarterly sales are estimated to shrink -1.43% in year-over-year returns.
BCE Inc (BCE) Top Institutional Holders
The shares outstanding are 921.82M, and float is at 920.85M with Short Float at 5.48%.
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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