Bank of Montreal (NYSE: BMO) has seen a rise in its stock price by 0.36 in relation to its previous close of 92.86. However, the company has experienced a 3.67% gain in its stock price over the last five trading sessions. 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 price-to-earnings ratio that is above its average at 17.81x. The stock has a 36-month beta value of 1.13. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”
The public float for BMO is 725.18M, and at present, short sellers hold a 0.72% of that float. On May 10, 2024, the average trading volume of BMO was 742.70K shares.
BMO’s Market Performance
BMO’s stock has seen a 3.67% increase for the week, with a -2.49% drop in the past month and a 1.43% gain in the past quarter. The volatility ratio for the week is 1.49%, and the volatility levels for the past 30 days are at 1.62% for Bank of Montreal The simple moving average for the past 20 days is 1.44% for BMO’s stock, with a 4.75% simple moving average for the past 200 days.
BMO Trading at -0.48% 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 -6.92% of loss for the given period.
Volatility was left at 1.62%, however, over the last 30 days, the volatility rate increased by 1.49%, as shares sank -1.71% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.09% upper at present.
During the last 5 trading sessions, BMO rose by +3.67%, which changed the moving average for the period of 200-days by -0.33% in comparison to the 20-day moving average, which settled at $91.79. In addition, Bank of Montreal saw -5.81% 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 3.7. 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
To sum up, Bank of Montreal (BMO) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
