Bank of Montreal (BMO) Stock: A Closer Look at the Market Potential

The price-to-earnings ratio for Bank of Montreal (NYSE: BMO) is above average at 18.67x, Company’s 36-month beta value is 1.12.Analysts have differing opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”

The public float for BMO is 725.21M, and currently, short sellers hold a 0.93% ratio of that floaft. The average trading volume of BMO on March 29, 2024 was 684.79K shares.

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BMO) stock’s latest price update

Bank of Montreal (NYSE: BMO) has seen a rise in its stock price by 1.35 in relation to its previous close of 96.38. However, the company has experienced a 1.29% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-03-13 that US stocks climbed higher in February with the DJIA adding 0.4% and the S&P closing in on the 5,000-point mark.

BMO’s Market Performance

BMO’s stock has risen by 1.29% in the past week, with a monthly rise of 9.10% and a quarterly drop of -1.88%. The volatility ratio for the week is 1.01% while the volatility levels for the last 30 days are 1.23% for Bank of Montreal The simple moving average for the last 20 days is 3.88% for BMO stock, with a simple moving average of 10.34% for the last 200 days.

BMO Trading at 3.97% from the 50-Day Moving Average

After a stumble in the market that brought BMO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.44% of loss for the given period.

Volatility was left at 1.23%, however, over the last 30 days, the volatility rate increased by 1.01%, as shares surge +7.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.40% upper at present.

During the last 5 trading sessions, BMO rose by +1.29%, which changed the moving average for the period of 200-days by +12.15% in comparison to the 20-day moving average, which settled at $94.39. In addition, Bank of Montreal saw -1.27% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for BMO

Current profitability levels for the company are sitting at:

  • 0.33 for the present operating margin
  • 1.0 for the gross margin

The net margin for Bank of Montreal stands at 0.12. The total capital return value is set at 0.02. Equity return is now at value 7.03, with 0.43 for asset returns.

Based on Bank of Montreal (BMO), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at -0.02. The debt to equity ratio resting at 1.91. The interest coverage ratio of the stock is 0.48.

Currently, EBITDA for the company is 7.95 billion with net debt to EBITDA at 4.16. When we switch over and look at the enterprise to sales, we see a ratio of 3.78. The receivables turnover for the company is 25.01for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.55.

Conclusion

In a nutshell, Bank of Montreal (BMO) has experienced a mixed performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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