Is BCE Stock a Good Investment?

BCE Investment Advice

  BCE
To provide specific investment advice or recommendations on BCE Inc stock, we recommend investors consider the following general factors when evaluating BCE Inc. This will help you to make an informed decision on whether to include BCE in one of your diversified portfolios:
  • Examine BCE's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research BCE's leadership team and their track record. Good management can help BCE navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Diversified Telecommunication Services space and any emerging trends that could impact BCE's business and its evolving consumer preferences.
  • Compare BCE's performance and market position to its competitors. Analyze how BCE is positioned in terms of product offerings, innovation, and market share.
  • Check if BCE pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about BCE's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in BCE Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if BCE Inc is a good investment.
 
Sell
 
Buy
Buy
Our advice module can be used to complement BCE investment recommendation provided by average analyst sentiment. It analyzes the company's potential to grow using fundamental, technical, data market data available at this time. To make sure BCE is not overpriced, please confirm all BCE Inc fundamentals, including its shares owned by institutions, price to sales, and the relationship between the shares outstanding and price to earning . Given that BCE Inc has a price to earning of 20.70 X, we suggest you to validate BCE Inc market performance and probability of bankruptcy to ensure the company can sustain itself in the coming quarters given your prevailing risk tolerance and investing horizon.

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

UndervaluedDetails

Odds Of Distress

Below AverageDetails

Economic Sensitivity

Follows the market closelyDetails

Investor Sentiment

ImpartialDetails

Analyst Consensus

BuyDetails

Financial Strenth (F Score)

Very StrongDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

Examine BCE Stock

Researching BCE's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 46.0% of the company shares are held by institutions such as insurance companies. The book value of BCE was currently reported as 18.16. The company has Price/Earnings To Growth (PEG) ratio of 1.66. BCE Inc last dividend was issued on the 14th of March 2024. The entity had 2:1 split on the 23rd of May 1997.
To determine if BCE is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding BCE's research are outlined below:
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
Latest headline from zacks.com: Rogers Communication , CableLabs to Create New Technology

BCE Quarterly Liabilities And Stockholders Equity

71.94 Billion

BCE uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in BCE Inc. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to BCE's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
8th of February 2024
Upcoming Quarterly Report
View
2nd of May 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
8th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View
Earnings surprises can significantly impact BCE's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises BCE's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2005-11-02
2005-09-300.520.46-0.0611 
2002-07-24
2002-06-300.480.540.0612 
1997-10-22
1997-09-300.450.510.0613 
2003-04-30
2003-03-310.480.550.0714 
2023-05-04
2023-03-310.770.850.0810 
2022-05-05
2022-03-310.80.890.0911 
2002-04-24
2002-03-310.380.470.0923 
2009-11-12
2009-09-300.680.840.1623 

Know BCE's Top 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 originate 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 Inc2023-12-31
9.5 M
Scotia Capital Inc2023-12-31
9.1 M
The Toronto-dominion Bank2023-12-31
8.9 M
Bank Of America Corp2023-12-31
8.7 M
Goldman Sachs Group Inc2023-12-31
8.6 M
Manufacturers Life Insurance Co2023-12-31
8.2 M
Jpmorgan Chase & Co2023-12-31
4.7 M
Connor Clark & Lunn Inv Mgmt Ltd2023-12-31
4.6 M
Cibc Global Asset Management Inc2023-12-31
4.3 M
Royal Bank Of Canada2023-12-31
49.9 M
Bank Of Montreal2023-12-31
34.3 M
Note, although BCE's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

BCE's market capitalization trends

The company currently falls under 'Large-Cap' category with a total capitalization of 29.91 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate BCE's market, we take the total number of its shares issued and multiply it by BCE's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

44.94 Billion

BCE's profitablity analysis

BCE's profitability indicators refer to fundamental financial ratios that showcase BCE's ability to generate income relative to its revenue or operating costs. If, let's say, BCE is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, BCE's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of BCE's profitability requires more research than a typical breakdown of BCE's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.05  0.05 
Return On Capital Employed 0.09  0.09 
Return On Assets 0.03  0.04 
Return On Equity 0.11  0.10 
The company has Net Profit Margin of 0.09 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.21 %, which entails that for every 100 dollars of revenue, it generated $0.21 of operating income.
Determining BCE's profitability involves analyzing its financial statements and using various financial metrics to determine if BCE is a good buy. For example, gross profit margin measures BCE's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of BCE's profitability and make more informed investment decisions.
The data published in BCE's official financial statements usually reflect BCE's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of BCE Inc. For example, before you start analyzing numbers published by BCE accountants, it's critical to develop an understanding of what BCE's liquidity, profitability, and earnings quality are in the context of the Diversified Telecommunication Services space in which it operates.
Please note, the presentation of BCE's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, BCE's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in BCE's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of BCE Inc. Please utilize our Beneish M Score to check the likelihood of BCE's management manipulating its earnings.

Evaluate BCE's management efficiency

BCE Inc has Return on Asset of 0.0496 % which means that on every $100 spent on assets, it made $0.0496 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.1081 %, implying that it generated $0.1081 on every 100 dollars invested. BCE's management efficiency ratios could be used to measure how well BCE manages its routine affairs as well as how well it operates its assets and liabilities. At present, BCE's Return On Assets are projected to slightly decrease based on the last few years of reporting. At present, BCE's Other Assets are projected to increase significantly based on the last few years of reporting. The current year's Return On Tangible Assets is expected to grow to 0.05, whereas Non Current Assets Total are forecasted to decline to about 41.9 B.
Last ReportedProjected for Next Year
Book Value Per Share 22.18  15.63 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share(7.67)(7.28)
Enterprise Value Over EBITDA 7.96  5.18 
Price Book Value Ratio 2.35  1.22 
Enterprise Value Multiple 7.96  5.18 
Price Fair Value 2.35  1.22 
Enterprise Value74.7 B78.4 B
The analysis of BCE's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze BCE's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of BCE Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0863
Forward Dividend Yield
0.0863
Forward Dividend Rate
2.96
Beta
0.469

Basic technical analysis of BCE Stock

As of the 13th of April 2024, BCE shows the mean deviation of 0.8951, and Variance of 1.33. BCE Inc technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the entity's future prices. Put another way, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to break down thirteen technical drivers for BCE Inc, which can be compared to its peers. Please confirm BCE Inc coefficient of variation, treynor ratio, skewness, as well as the relationship between the variance and value at risk to decide if BCE Inc is priced fairly, providing market reflects its regular price of 32.11 per share. Given that BCE has information ratio of (0.34), we suggest you to validate BCE Inc's prevailing market performance to make sure the company can sustain itself at some future date.

Understand BCE's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing BCE's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider BCE's intraday indicators

BCE intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of BCE stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

BCE Corporate Filings

6K
26th of March 2024
A report filed by foreign private issuers with SEC. A foreign private issuer is a non-U.S. company with securities traded on U.S. exchanges.
ViewVerify
12th of February 2024
Other Reports
ViewVerify
BCE time-series forecasting models is one of many BCE's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary BCE's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

BCE Stock media impact

Far too much social signal, news, headlines, and media speculation about BCE that are available to investors today. That information is available publicly through BCE media outlets and privately through word of mouth or via BCE internal channels. However, regardless of the origin, that massive amount of BCE data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of BCE news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of BCE relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to BCE's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive BCE alpha.

BCE Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards BCE can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

BCE Inc Historical Investor Sentiment

Investor biases related to BCE's public news can be used to forecast risks associated with an investment in BCE. The trend in average sentiment can be used to explain how an investor holding BCE can time the market purely based on public headlines and social activities around BCE Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
BCE's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for BCE and other traded tickers. The bigger the bubble, the more accurate the estimated score. Higher bars for a given day show more participation in the average BCE news discussions. The higher the estimate score, the more favorable the investor's outlook on BCE.

Be your own money manager

Our tools can tell you how much better you can do entering a position in BCE without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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BCE Corporate Directors

BCE corporate directors refer to members of a BCE board of directors. The board of directors generally takes responsibility for the BCE's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of BCE's board members must vote for the resolution. The BCE board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert SimmondsIndependent DirectorProfile
Cornell WrightIndependent DirectorProfile
Carole TaylorIndependent DirectorProfile
Ronald BrennemanIndependent DirectorProfile

How to buy BCE Stock?

To provide specific investment advice or recommendations on BCE Inc stock, we recommend investors consider the following general factors when evaluating BCE Inc. This will help you to make an informed decision on whether to include BCE in one of your diversified portfolios:
  • Examine BCE's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research BCE's leadership team and their track record. Good management can help BCE navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Diversified Telecommunication Services space and any emerging trends that could impact BCE's business and its evolving consumer preferences.
  • Compare BCE's performance and market position to its competitors. Analyze how BCE is positioned in terms of product offerings, innovation, and market share.
  • Check if BCE pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about BCE's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in BCE Inc stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if BCE Inc is a good investment.

Already Invested in BCE Inc?

The danger of trading BCE Inc is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of BCE is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than BCE. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile BCE Inc is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether BCE Inc is a strong investment it is important to analyze BCE's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact BCE's future performance. For an informed investment choice regarding BCE Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in BCE Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
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 ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

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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
1.68
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.
In summary, please note that there is a difference between BCE's value and its price, as these two are different measures arrived at by various 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.