Bce Inc Pref Preferred Stock Shares Outstanding
| BCE-PA Preferred Stock | CAD 17.22 0.02 0.12% |
BCE Inc Pref fundamentals help investors to digest information that contributes to BCE's financial success or failures. It also enables traders to predict the movement of BCE Preferred Stock. The fundamental analysis module provides a way to measure BCE's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to BCE preferred stock.
BCE |
BCE Inc Pref Company Shares Outstanding Analysis
BCE's Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
Current BCE Shares Outstanding | 898.02 M |
Most of BCE's fundamental indicators, such as Shares Outstanding, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, BCE Inc Pref is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
| Competition |
Based on the latest financial disclosure, BCE Inc Pref has 898.02 M of shares currently outstending. This is 79.77% lower than that of the Communication Services sector and 83.97% lower than that of the Telecom Services industry. The shares outstanding for all Canada preferred stocks is 57.05% lower than that of the firm.
BCE Shares Outstanding Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses BCE's direct or indirect competition against its Shares Outstanding to detect undervalued stocks with similar characteristics or determine the preferred stocks which would be a good addition to a portfolio. Peer analysis of BCE could also be used in its relative valuation, which is a method of valuing BCE by comparing valuation metrics of similar companies.BCE is currently under evaluation in shares outstanding category among related companies.
BCE Fundamentals
| Return On Equity | 0.13 | ||||
| Return On Asset | 0.0508 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.23 % | ||||
| Shares Outstanding | 898.02 M | ||||
| Shares Owned By Institutions | 42.30 % | ||||
| Number Of Shares Shorted | 19.35 K | ||||
| Price To Earning | 4.62 X | ||||
| Price To Sales | 2.53 X | ||||
| Revenue | 24.17 B | ||||
| Gross Profit | 10.25 B | ||||
| EBITDA | 9.76 B | ||||
| Net Income | 2.87 B | ||||
| Cash And Equivalents | 1.55 B | ||||
| Cash Per Share | 1.71 X | ||||
| Total Debt | 27.78 B | ||||
| Debt To Equity | 1.31 % | ||||
| Current Ratio | 0.92 X | ||||
| Book Value Per Share | 20.07 X | ||||
| Cash Flow From Operations | 8.37 B | ||||
| Short Ratio | 2.70 X | ||||
| Earnings Per Share | 3.24 X | ||||
| Number Of Employees | 11 | ||||
| Beta | 0.48 | ||||
| Market Capitalization | 66.3 B | ||||
| Total Asset | 69.33 B | ||||
| Z Score | 1.2 | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 5.66 % | ||||
| Net Asset | 69.33 B | ||||
| Last Dividend Paid | 3.68 |
About BCE Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze BCE Inc Pref's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of BCE using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of BCE Inc Pref based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards BCE in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, BCE's short interest history, or implied volatility extrapolated from BCE options trading.
Pair Trading with BCE
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if BCE position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in BCE will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to BCE could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace BCE when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back BCE - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling BCE Inc Pref to buy it.
The correlation of BCE is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as BCE moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if BCE Inc Pref moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for BCE can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc Pref. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey. You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Complementary Tools for BCE Preferred 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.
| Watchlist Optimization Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories |