With 1.88 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.8 million shares. The 52-week range on BCE shows that it touched its highest point at $37.47 and its lowest point at $21.87 during that stretch. It currently has a 1-year price target of $24.30. With its current market cap of 21.34 billion, BCE has annualized dividend of $2.90 while the current yield stands at 12.39%. Beta for the stock currently stands at 0.62.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BCE was down-trending over the past week, with a drop of -0.76%, but this was down by -2.05% over a month. Three-month performance dropped to -12.63% while six-month performance fell -33.44%. The stock lost -37.22% in the past year, while it has gained 0.91% so far this year. A look at the trailing 12-month EPS for BCE yields 0.07 with Next year EPS estimates of 1.88. For the next quarter, that number is 0.45. This implies an EPS growth rate of -8.96% for this year and -2.55% for next year. EPS is expected to decline by -3.42% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -44.71%.
Float and Shares Shorts:
At present, 912.28 million BCE shares are outstanding with a float of 911.61 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BCE since 10 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 1 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.12259 being high and $2.86595 being low. For BCE, this leads to a yearly average estimate of $2.98001. Based on analyst estimates, the high estimate for the next quarter is $0.75 and the low estimate is $0.7. The average estimate for the next quarter is thus $0.73.
