BCE Inc (NYSE: BCE)’s stock price has dropped by -5.57 in relation to previous closing price of 23.21. Nevertheless, the company has seen a loss of -8.45% in its stock price over the last five trading days. https://thefly.com reported 2025-01-02 that National Bank lowered the firm’s price target on BCE to C$35 from C$37 and keeps a Sector Perform rating on the shares.
Is It Worth Investing in BCE Inc (NYSE: BCE) Right Now?
BCE Inc (NYSE: BCE) has a higher price-to-earnings ratio of 311.77x compared to its average ratio. BCE has 36-month beta value of 0.61. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 13 as “hold,” and 1 as “sell.”
The public float for BCE is 911.76M, and currently, short sellers hold a 5.01% ratio of that float. The average trading volume of BCE on January 14, 2025 was 3.78M shares.
BCE’s Market Performance
BCE stock saw a decrease of -8.45% in the past week, with a monthly decline of -15.60% and a quarterly a decrease of -33.62%. The volatility ratio for the week is 1.80%, and the volatility levels for the last 30 days are 2.15% for BCE Inc (BCE). The simple moving average for the past 20 days is -5.97% for BCE’s stock, with a -30.91% simple moving average for the past 200 days.
BCE Trading at -15.24% 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 -47.53% of loss for the given period.
Volatility was left at 2.15%, however, over the last 30 days, the volatility rate increased by 1.80%, as shares sank -14.57% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -31.61% lower at present.
During the last 5 trading sessions, BCE fell by -7.89%, which changed the moving average for the period of 200-days by -35.64% in comparison to the 20-day moving average, which settled at $23.32. In addition, BCE Inc saw -5.45% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for BCE
Current profitability levels for the company are sitting at:
- 0.28 for the present operating margin
- 0.38 for the gross margin
The net margin for BCE Inc stands at 0.01. The total capital return value is set at 0.12. Equity return is now at value 1.40, with 0.38 for asset returns.
Based on BCE Inc (BCE), the company’s capital structure generated 0.69 points at debt to capital in total, while cash flow to debt ratio is standing at 0.19. The debt to equity ratio resting at 2.27. The interest coverage ratio of the stock is 4.02.
Currently, EBITDA for the company is 9.76 billion with net debt to EBITDA at 4.54. When we switch over and look at the enterprise to sales, we see a ratio of 2.74. The receivables turnover for the company is 5.51for trailing twelve months and the total asset turnover is 0.34. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.57.
Conclusion
To put it simply, BCE Inc (BCE) has had a bad performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as 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.
