BCE Inc. (NYSE:BCE – Free Report) (TSE:BCE) – National Bank Financial issued their FY2026 EPS estimates for shares of BCE in a report released on Monday, November 4th. National Bank Financial analyst A. Shine expects that the utilities provider will post earnings of $1.92 per share for the year. National Bank Financial has a “Hold” rating on the stock. The consensus estimate for BCE’s current full-year earnings is $2.20 per share.
Several other equities analysts have also recently commented on the stock. Edward Jones cut shares of BCE from a “buy” rating to a “hold” rating in a research note on Tuesday. BMO Capital Markets raised their price objective on shares of BCE from $48.00 to $51.00 and gave the company a “market perform” rating in a research note on Thursday, September 19th. Canaccord Genuity Group downgraded BCE from a “buy” rating to a “hold” rating in a research report on Tuesday. Canaccord Genuity Group reiterated a “hold” rating on shares of BCE in a research report on Tuesday. Finally, Cibc World Mkts upgraded BCE from a “hold” rating to a “strong-buy” rating in a report on Friday, August 2nd. Nine investment analysts have rated the stock with a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $46.33.
BCE Stock Performance
BCE opened at $28.74 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.62 and a debt-to-equity ratio of 2.00. BCE has a twelve month low of $28.26 and a twelve month high of $41.77. The business’s 50 day moving average is $33.87 and its 200-day moving average is $33.64. The stock has a market cap of $26.22 billion, a PE ratio of 18.08, a price-to-earnings-growth ratio of 5.36 and a beta of 0.59.
Hedge Funds Weigh In On BCE
A number of hedge funds and other institutional investors have recently modified their holdings of the stock. ESL Trust Services LLC purchased a new stake in BCE during the first quarter valued at about $31,000. Massmutual Trust Co. FSB ADV lifted its position in shares of BCE by 3,480.0% in the 2nd quarter. Massmutual Trust Co. FSB ADV now owns 1,074 shares of the utilities provider’s stock valued at $35,000 after acquiring an additional 1,044 shares in the last quarter. Hexagon Capital Partners LLC boosted its stake in BCE by 121.2% in the 3rd quarter. Hexagon Capital Partners LLC now owns 1,232 shares of the utilities provider’s stock worth $43,000 after purchasing an additional 675 shares during the period. Brown Lisle Cummings Inc. grew its position in BCE by 60.0% during the 2nd quarter. Brown Lisle Cummings Inc. now owns 1,600 shares of the utilities provider’s stock worth $52,000 after purchasing an additional 600 shares in the last quarter. Finally, Bruce G. Allen Investments LLC raised its stake in BCE by 321.0% during the 3rd quarter. Bruce G. Allen Investments LLC now owns 1,663 shares of the utilities provider’s stock valued at $58,000 after purchasing an additional 1,268 shares during the period. Institutional investors and hedge funds own 41.46% of the company’s stock.
BCE Company Profile
BCE Inc, a communications company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through two segments, Bell Communication and Technology Services, and Bell Media. The Bell Communication and Technology Services segment provides wireless products and services including mobile data and voice plans and devices; wireline products and services comprising data, including internet access, internet protocol television, cloud-based services, and business solutions, as well as voice, and other communication services and products; and satellite TV and connectivity services for residential, small and medium-sized business, government, and large enterprise customers.
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