The stock of Bank of Montreal (NYSE: BMO) has decreased by -0.95 when compared to last closing price of 92.84.Despite this, the company has seen a gain of 1.04% in its stock price over the last five trading days. Seeking Alpha reported 2024-04-25 that March’s Dividend Portfolio Update Sets New All-Time Record – 100 Holdings, 21 Buys
Is It Worth Investing in Bank of Montreal (NYSE: BMO) Right Now?
Bank of Montreal (NYSE: BMO) has a higher price-to-earnings ratio of 17.57x compared to its average ratio, The 36-month beta value for BMO is at 1.12. Analysts have varying views on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for BMO is 725.21M, and currently, shorts hold a 0.72% of that float. The average trading volume for BMO on April 25, 2024 was 699.40K shares.
BMO’s Market Performance
BMO’s stock has seen a 1.04% increase for the week, with a -4.18% drop in the past month and a -4.91% fall in the past quarter. The volatility ratio for the week is 1.49%, and the volatility levels for the past 30 days are at 1.57% for Bank of Montreal The simple moving average for the past 20 days is -3.01% for BMO’s stock, with a 3.28% simple moving average for the past 200 days.
BMO Trading at -2.27% 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 -8.15% of loss for the given period.
Volatility was left at 1.57%, however, over the last 30 days, the volatility rate increased by 1.49%, as shares sank -4.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.31% upper at present.
During the last 5 trading sessions, BMO rose by +0.84%, which changed the moving average for the period of 200-days by +1.38% in comparison to the 20-day moving average, which settled at $94.58. In addition, Bank of Montreal saw -7.05% 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 3.68. 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 conclusion, Bank of Montreal (BMO) has had a mixed performance lately. Opinion on the stock among analysts is mixed, 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.
