Why Are People Talking About Investing in BCE?

By Scott Lee • Sunday, December 03 17:18 • Permanent Link

Shares of None company BCE jumped 2.3% today. With many investors piling into BCE without a second thought, it may be a good idea to take a closer look at the stock. Here are some quick facts to get you started:

BCE has an average analyst rating of hold and is -6.02% away from its mean target price of $42.89 per share
Its trailing earnings per share (EPS) is $1.8
BCE has a trailing 12 month Price to Earnings (P/E) ratio of 22.4 while the S&P 500 average is None
Its forward earnings per share (EPS) is $2.41 and its forward P/E ratio is 16.7
The company has a Price to Book (P/B) ratio of 2.13 in contrast to the S&P 500's average ratio of None
BCE is part of the Telecommunications sector, which has an average P/E ratio of None and an average P/B of None
BCE has reported YOY quarterly earnings growth of -10.3% and gross profit margins of 0.4%
The company has a free cash flow of $2.05 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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 three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers integrated digital wireless voice and data communication products and services, as well as consumer electronics products. The Bell Wireline segment offers data, including Internet access and Internet protocol television (IPTV), local telephone, and long distance services, as well as other communication services and products; and satellite TV service and connectivity services. This segment also buys and sells local telephone, long distance, data, and other services from or to resellers and other carriers. The Bell Media segment provides conventional TV, specialty TV, pay TV, streaming services, digital media services, radio broadcasting services, and out-of-home advertising services. BCE Inc. was founded in 1880 and is headquartered in Verdun, Canada.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.