BCE Inc. (NYSE: BCE)’s stock price has decreased by -1.77 compared to its previous closing price of 45.87. However, the company has seen a -3.68% decrease in its stock price over the last five trading sessions.
Is It Worth Investing in BCE Inc. (NYSE: BCE) Right Now?
BCE Inc. (NYSE: BCE) has a higher price-to-earnings ratio of 21.64x compared to its average ratio, and the 36-month beta value for BCE is at 0.64. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 13 as “hold,” and 0 as “sell.”
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The average price suggested by analysts for BCE is $48.50, which is $4.0 above the current market price. The public float for BCE is 911.74M, and currently, shorts hold a 1.45% of that float. The average trading volume for BCE on May 26, 2023 was 1.19M shares.
BCE’s Market Performance
The stock of BCE Inc. (BCE) has seen a -3.68% decrease in the past week, with a -4.61% drop in the past month, and a 1.37% gain in the past quarter. The volatility ratio for the week is 1.21%, and the volatility levels for the past 30 days are at 1.13% for BCE. The simple moving average for the past 20 days is -5.09% for BCE’s stock, with a -2.21% simple moving average for the past 200 days.
BCE Trading at -3.13% from the 50-Day Moving Average
After a stumble in the market that brought BCE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.27% of loss for the given period.
Volatility was left at 1.13%, however, over the last 30 days, the volatility rate increased by 1.21%, as shares sank -6.07% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.80% upper at present.
During the last 5 trading sessions, BCE fell by -3.68%, which changed the moving average for the period of 200-days by -9.30% in comparison to the 20-day moving average, which settled at $47.33. In addition, BCE Inc. saw 2.53% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for BCE
Current profitability levels for the company are sitting at:
- +22.65 for the present operating margin
- +30.58 for the gross margin
The net margin for BCE Inc. stands at +11.86. The total capital return value is set at 10.23, while invested capital returns managed to touch 5.76. Equity return is now at value 13.70, with 3.70 for asset returns.
Based on BCE Inc. (BCE), the company’s capital structure generated 143.93 points at debt to equity in total, while total debt to capital is 59.00. Total debt to assets is 46.04, with long-term debt to equity ratio resting at 151.75. Finally, the long-term debt to capital ratio is 51.36.
When we switch over and look at the enterprise to sales, we see a ratio of 3.64, with the company’s debt to enterprise value settled at 0.35. The receivables turnover for the company is 5.41 and the total asset turnover is 0.36. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.52.
In conclusion, BCE Inc. (BCE) has had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.