Bristol-Myers Squibb Co. (NYSE:BMY) at last check was buoying at $43.98 on Thursday, May 02, with a fall of -0.52% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $44.21. Considering stock’s 52-week price range provides that BMY hit a high price of $69.10 and saw its price falling to a low level of $43.73 during that period. Over a period of past 1-month, stock came subtracting -15.71% in its value.
With its current market valuation of $89.15 billion. BMY Stock’s Forward Dividend of 2.34 and its yield of 5.32% are making investors’ thoughts stronger that it could climb further before the company announces its earnings for the current quarter. Analysts are in estimates of 1.7 per share for company’s earnings in the current quarter and are expecting its annual EPS growth moving up to 0.56 for current year with estimates of that growing to 6.93 in next year.
Analysts watching the company’s growth closely have provided estimates for its revenue growth with an average revenue estimate of 11.51B. They suggested that in the process company could generate revenue of as low as 11.22B which could climb up to 11.75B to hit a high. In keeping analyst consensus estimate with, company is forecasted to be making an annual revenue of 46.08B in current fiscal year, which will be 9.60% more from revenue generated by the company last year.
In contrast, when we review BMY stock’s current outlook then short term indicators are assigning it an average of 100% Sell, while medium term indicators are categorizing the stock at an average of 50% Sell. Long term indicators are suggesting an average of 100% Sell for it.
Digging deeper we become aware of the PEG ratio of the BMY stock which is currently positioned at 0. It further provides that stock’s current price level is -8.78% away from its 20-day simple moving average and is -13.09% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 23.87 while volatility remained at 2.97% over the past week which changes to 1.90% when measuring it over the past month. Beta is valued at 0.45, while measure of average true range or ATR is currently at 1.05.
Having a second look at Bristol-Myers Squibb Co. (NYSE:BMY) provides that stock’s average daily trading volume for 3 months was 16.10 million. Number of outstanding shares of the stock stood at 2.03 billion.
The percentage of outstanding shares held by the insiders is 0.08% while it is 78.38% for the institutional holders. Subtraction of -14.29% by stock’s current price to its year-to-date value in today’s trading is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.
