No matter how cynical the overall market is, Bank of Montreal (BMO) performance over the last week is recorded 0.67%

Bank of Montreal (NYSE: BMO) on Tuesday, plunged -0.16% from the previous trading day, before settling in for the closing price of $83.02. Within the past 52 weeks, BMO’s price has moved between $73.98 and $100.12.

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Financial Sector giant saw their annual sales surged by 16.89% over the last five years. The company achieved an average annual earnings per share of -12.39%. With a float of $729.15 million, this company’s outstanding shares have now reached $729.41 million.

The firm has a total of 55767 workers. Let’s measure their productivity. In terms of profitability, gross margin is 125.62%, operating margin of 26.13%, and the pretax margin is 19.79%.

Bank of Montreal (BMO) Breakdown of a Key Holders of the stock

Observing investor behavior towards Banks – Diversified industry stocks is more important than anything else. The insider ownership of Bank of Montreal is 0.04%, while institutional ownership is 55.20%.

Bank of Montreal (BMO) Recent Fiscal highlights

As on 7/31/2024, Multinational firm has announced its last quarter scores, in which it reported 2.08 earnings per share (EPS) for the period falling under the consensus outlook (set at 2.11) by -0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.81 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -12.39% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 2.00% during the next five years compared to -7.91% drop over the previous five years of trading.

Bank of Montreal (NYSE: BMO) Trading Performance Indicators

Bank of Montreal (BMO) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.06. Likewise, its price to free cash flow for the trailing twelve months is 6.07.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.35, a number that is poised to hit 1.84 in the next quarter and is forecasted to reach 8.01 in one year’s time.

Technical Analysis of Bank of Montreal (BMO)

Analysing the last 5-days average volume posted by the [Bank of Montreal, BMO], we can find that recorded value of 0.8 million was lower than the volume posted last year of 0.88 million. As of the previous 9 days, the stock’s Stochastic %D was 40.04%. Additionally, its Average True Range was 1.54.

During the past 100 days, Bank of Montreal’s (BMO) raw stochastic average was set at 30.45%, which indicates a significant increase from 21.89% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.55% in the past 14 days, which was higher than the 26.42% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $84.48, while its 200-day Moving Average is $90.15. Now, the first resistance to watch is $83.41. This is followed by the second major resistance level at $83.93. The third major resistance level sits at $84.77. If the price goes on to break the first support level at $82.04, it is likely to go to the next support level at $81.20. Now, if the price goes above the second support level, the third support stands at $80.68.

Bank of Montreal (NYSE: BMO) Key Stats

Market capitalization of the company is 60.46 billion based on 729,285K outstanding shares. Right now, sales total 50,483 M and income totals 3,236 M. The company made 14,970 M in profit during its latest quarter, and 1,362 M in sales during its previous quarter.