With 2.22 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.33 million shares. The 52-week range on BCE shows that it touched its highest point at $36.17 and its lowest point at $20.28 during that stretch. It currently has a 1-year price target of $24.15. With its current market cap of 19.79 billion, BCE has annualized dividend of $2.85 while the current yield stands at 13.28%. Beta for the stock currently stands at 0.66.
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 -0.74%, but this was down by -3.38% over a month. Three-month performance dropped to -10.43% while six-month performance fell -21.15%. The stock lost -36.98% in the past year, while it has lost -7.38% so far this year. A look at the trailing 12-month EPS for BCE yields 0.27 with Next year EPS estimates of 1.89. For the next quarter, that number is 0.51. This implies an EPS growth rate of -6.41% for this year and -4.66% for next year. EPS is expected to decline by -2.59% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -44.80%.
Float and Shares Shorts:
At present, 921.82 million BCE shares are outstanding with a float of 920.85 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.
