BCE Inc. (TSE:BCE – Get Free Report) (NYSE:BCE) insider Thierry Chaumont sold 4,110 shares of the company’s stock in a transaction on Friday, May 15th. The stock was sold at an average price of C$33.59, for a total transaction of C$138,054.90.
BCE Stock Performance
TSE BCE opened at C$32.72 on Monday. BCE Inc. has a 1 year low of C$29.17 and a 1 year high of C$36.25. The company has a debt-to-equity ratio of 183.90, a current ratio of 0.66 and a quick ratio of 0.43. The firm has a market cap of C$30.51 billion, a price-to-earnings ratio of 4.83, a PEG ratio of 4.67 and a beta of 0.33. The company has a fifty day moving average price of C$33.90 and a 200-day moving average price of C$33.51.
BCE (TSE:BCE – Get Free Report) (NYSE:BCE) last posted its earnings results on Thursday, May 7th. The company reported C$0.63 earnings per share (EPS) for the quarter. BCE had a net margin of 26.07% and a return on equity of 29.69%. The firm had revenue of C$6.17 billion during the quarter. As a group, equities research analysts predict that BCE Inc. will post 3.1120864 EPS for the current fiscal year.
BCE Announces Dividend
Analyst Ratings Changes
Several research firms recently weighed in on BCE. Desjardins reduced their price target on shares of BCE from C$41.50 to C$41.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Barclays upgraded shares of BCE from a “strong sell” rating to a “hold” rating in a research report on Tuesday, January 27th. TD Securities lowered shares of BCE from a “buy” rating to a “hold” rating and reduced their price target for the company from C$41.00 to C$37.00 in a research report on Thursday, April 2nd. JPMorgan Chase & Co. increased their price target on shares of BCE from C$33.00 to C$37.00 in a research report on Friday, February 6th. Finally, National Bank Financial increased their price target on shares of BCE from C$38.00 to C$39.00 and gave the company an “outperform” rating in a research report on Friday, February 6th. One investment analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, BCE has a consensus rating of “Moderate Buy” and a consensus price target of C$37.78.
View Our Latest Stock Report on BCE
About BCE
Bell Media is Canada’s leading media and entertainment company with a portfolio of assets in premium video, audio, out-of-home advertising, and digital media. This includes Canada’s most-watched television network, CTV; the largest Canadian-owned video streamer, Crave, with a premium add-on to include STARZ; a powerful suite of specialty channels; the most-trusted news brand, CTV News; Canada’s cross-platform sports leaders, TSN and RDS; leading out-of-home advertising network, Astral; Québec’s fast-growing conventional French-language network, Noovo; the country’s leading radio and podcast app, iHeartRadio Canada; and a range of award-winning original productions, brands, and services.
Featured Articles
- Five stocks we like better than BCE
- Robinhood, SoFi, and Webull Are Telling Very Different Stories
- As Broadcom Eclipses $2 Trillion, Private Credit Giants Wants In
- Target the Red-Hot Spin-Off and Merger Space With These ETFs
- Samsung Joins the $1 Trillion Club as AI Memory Demand Explodes
Receive News & Ratings for BCE Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BCE and related companies with MarketBeat.com's FREE daily email newsletter.
