Bce Inc Stock Buy Hold or Sell Recommendation
| BCE Stock | USD 32.90 0.31 0.95% |
Considering the 90-day investment horizon and your way above-average risk tolerance, our recommendation regarding BCE Inc is 'Strong Hold'. Macroaxis provides BCE buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BCE positions. The advice algorithm takes into account all of BCE's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting BCE's buy or sell advice are summarized below:
Real Value 39.2 | Target Price 43.9 | Hype Value 32.74 | Market Value 32.9 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell BCE Inc given historical horizon and risk tolerance towards BCE. When Macroaxis issues a 'buy' or 'sell' recommendation for BCE Inc, the advice is generated through an automated system that utilizes algorithms and statistical models.
BCE |
Execute BCE Buy or Sell Advice
The BCE recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on BCE Inc. Macroaxis does not own or have any residual interests in BCE Inc or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute BCE's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Over hyped | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Very Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
BCE Trading Alerts and Improvement Suggestions
| BCE Inc generated a negative expected return over the last 90 days | |
| The company has 36.18 B in debt with debt to equity (D/E) ratio of 1.37, which is OK given its current industry classification. BCE Inc has a current ratio of 0.59, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist BCE until it has trouble settling it off, either with new capital or with free cash flow. So, BCE's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like BCE Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for BCE to invest in growth at high rates of return. When we think about BCE's use of debt, we should always consider it together with cash and equity. | |
| BCE Inc has a very strong financial position based on the latest SEC filings | |
| On 15th of April 2024 BCE paid $ 0.7409 per share dividend to its current shareholders | |
| Latest headline from zacks.com: BCE Advances While Market Declines Some Information for Investors |
BCE Returns Distribution Density
The distribution of BCE's historical returns is an attempt to chart the uncertainty of BCE's future price movements. The chart of the probability distribution of BCE daily returns describes the distribution of returns around its average expected value. We use BCE Inc price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of BCE returns is essential to provide solid investment advice for BCE.
| Mean Return | -0.32 | Value At Risk | -2.54 | Potential Upside | 1.22 | Standard Deviation | 1.15 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of BCE historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
BCE Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as BCE is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading BCE Inc backward and forwards among themselves. BCE's institutional investor refers to the entity that pools money to purchase BCE's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Charles Schwab Investment Management Inc | 2023-12-31 | 9.5 M | Scotia Capital Inc | 2023-12-31 | 9.1 M | The Toronto-dominion Bank | 2023-12-31 | 8.9 M | Bank Of America Corp | 2023-12-31 | 8.7 M | Goldman Sachs Group Inc | 2023-12-31 | 8.6 M | Manufacturers Life Insurance Co | 2023-12-31 | 8.2 M | Jpmorgan Chase & Co | 2023-12-31 | 4.7 M | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 4.6 M | Cibc Global Asset Management Inc | 2023-12-31 | 4.3 M | Royal Bank Of Canada | 2023-12-31 | 49.9 M | Bank Of Montreal | 2023-12-31 | 34.3 M |
BCE Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (280M) | 79M | (17M) | (140M) | 623M | 654.2M | |
| Free Cash Flow | 4.0B | 3.5B | 1.1B | 3.2B | 3.2B | 1.8B | |
| Depreciation | 4.4B | 4.4B | 4.6B | 4.7B | 4.9B | 3.8B | |
| Other Non Cash Items | 922M | 1.0B | 964M | (618M) | 10.7B | 11.3B | |
| Dividends Paid | 3.0B | 3.1B | 3.3B | 3.4B | 3.7B | 2.0B | |
| Capital Expenditures | 4.0B | 4.3B | 6.9B | 5.1B | 4.8B | 4.2B | |
| Net Income | 3.3B | 2.5B | 2.9B | 2.9B | 2.3B | 2.6B | |
| End Period Cash Flow | 145M | 224M | 207M | 149M | 772M | 558.4M | |
| Investments | (4.0B) | (3.5B) | (7.0B) | (5.5B) | (5.7B) | (5.4B) | |
| Net Borrowings | (1.2B) | (638M) | 2.6B | 739M | 849.9M | 892.3M | |
| Change To Netincome | 438M | 404M | 222M | 407M | 468.1M | 491.5M |
BCE Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to BCE or Diversified Telecommunication Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that BCE's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a BCE stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.39 | |
β | Beta against NYSE Composite | 0.81 | |
σ | Overall volatility | 1.16 | |
Ir | Information ratio | -0.35 |
BCE Volatility Alert
BCE Inc exhibits very low volatility with skewness of -0.74 and kurtosis of 0.5. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure BCE's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact BCE's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.BCE Fundamentals Vs Peers
Comparing BCE's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze BCE's direct or indirect competition across all of the common fundamentals between BCE and the related equities. This way, we can detect undervalued stocks with similar characteristics as BCE or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of BCE's fundamental indicators could also be used in its relative valuation, which is a method of valuing BCE by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare BCE to competition |
| Fundamentals | BCE | Peer Average |
| Return On Equity | 0.11 | -0.31 |
| Return On Asset | 0.0496 | -0.14 |
| Profit Margin | 0.09 % | (1.27) % |
| Operating Margin | 0.21 % | (5.51) % |
| Current Valuation | 68.13 B | 16.62 B |
| Shares Outstanding | 912.28 M | 571.82 M |
| Shares Owned By Insiders | 0.01 % | 10.09 % |
| Shares Owned By Institutions | 45.62 % | 39.21 % |
| Number Of Shares Shorted | 16.17 M | 4.71 M |
| Price To Earning | 20.70 X | 28.72 X |
| Price To Book | 2.42 X | 9.51 X |
| Price To Sales | 1.19 X | 11.42 X |
| Revenue | 24.67 B | 9.43 B |
| Gross Profit | 10.47 B | 27.38 B |
| EBITDA | 10.42 B | 3.9 B |
| Net Income | 2.26 B | 570.98 M |
| Cash And Equivalents | 50 M | 2.7 B |
| Cash Per Share | 0.80 X | 5.01 X |
| Total Debt | 36.18 B | 5.32 B |
| Debt To Equity | 1.37 % | 48.70 % |
| Current Ratio | 0.60 X | 2.16 X |
| Book Value Per Share | 18.16 X | 1.93 K |
| Cash Flow From Operations | 7.95 B | 971.22 M |
| Short Ratio | 5.33 X | 4.00 X |
| Earnings Per Share | 1.66 X | 3.12 X |
| Price To Earnings To Growth | 1.66 X | 4.89 X |
| Target Price | 38.63 | |
| Number Of Employees | 45.13 K | 18.84 K |
| Beta | 0.44 | -0.15 |
| Market Capitalization | 29.73 B | 19.03 B |
| Total Asset | 71.94 B | 29.47 B |
| Retained Earnings | (5.51 B) | 9.33 B |
| Working Capital | (4.21 B) | 1.48 B |
BCE Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as BCE . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 27745.85 | |||
| Daily Balance Of Power | 0.8857 | |||
| Rate Of Daily Change | 1.01 | |||
| Day Median Price | 32.74 | |||
| Day Typical Price | 32.79 | |||
| Price Action Indicator | 0.32 | |||
| Period Momentum Indicator | 0.31 |
About BCE Buy or Sell Advice
When is the right time to buy or sell BCE Inc? Buying financial instruments such as BCE Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.| 2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 29.7B | 31.9B | 36.2B | 38.0B | Total Assets | 66.7B | 69.3B | 71.9B | 48.1B |
Use Investing Ideas to Build Portfolios
In addition to having BCE in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Robots And Drones Thematic Idea Now
Robots And Drones
Large technology companies that are involved in development and manufacturing of drones, robots, or robotic equipment across mechanical engineering, electrical engineering, mathematics and computer science fields. Drones and robotics are projected to significantly grow in demand in the next 5 years. The Robots And Drones theme has 42 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Robots And Drones Theme or any other thematic opportunities.
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Check out BCE Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the BCE Inc information on this page should be used as a complementary analysis to other BCE's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Efficient Frontier module to plot and analyze your portfolio and positions against risk-return landscape of the market..
Complementary Tools for BCE Stock analysis
When running BCE's price analysis, check to measure BCE's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy BCE is operating at the current time. Most of BCE's value examination focuses on studying past and present price action to predict the probability of BCE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move BCE's price. Additionally, you may evaluate how the addition of BCE to your portfolios can decrease your overall portfolio volatility.
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Is BCE's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of BCE. If investors know BCE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about BCE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 3.87 | Earnings Share 1.66 | Revenue Per Share 27.048 | Quarterly Revenue Growth 0.005 |
The market value of BCE Inc is measured differently than its book value, which is the value of BCE that is recorded on the company's balance sheet. Investors also form their own opinion of BCE's value that differs from its market value or its book value, called intrinsic value, which is BCE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because BCE's market value can be influenced by many factors that don't directly affect BCE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between BCE's value and its price as these two are different measures arrived at by different means. Investors typically determine if BCE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, BCE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.