On Tuesday, Bristol-Myers Squibb Co (NYSE: BMY) opened lower -0.07% from the last session, before settling in for the closing price of $58.78. Price fluctuations for BMY have ranged from $39.35 to $61.08 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 16.92% over the last five years. Company’s average yearly earnings per share was noted -88.08% at the time writing. With a float of $2.03 billion, this company’s outstanding shares have now reached $2.03 billion.
The firm has a total of 34100 workers. Let’s measure their productivity. In terms of profitability, gross margin is 70.41%, operating margin of 26.81%, and the pretax margin is -14.5%.
Bristol-Myers Squibb Co (BMY) Insider Activity
A key investor’s attitude towards the stock of the Drug Manufacturers – General industry is another important factor to consider. The insider ownership of Bristol-Myers Squibb Co is 0.08%, while institutional ownership is 77.72%. The most recent insider transaction that took place on Nov 04 ’24, was worth 38,930. In this transaction SVP and Controller of this company sold 700 shares at a rate of $55.62, taking the stock ownership to the 11,760 shares. Before that another transaction happened on Nov 01 ’24, when Company’s EVP,Chief Med.Offr.,Drug Dev. bought 1,830 for $54.67, making the entire transaction worth $100,055. This insider now owns 62,109 shares in total.
Bristol-Myers Squibb Co (BMY) Earnings and Forecasts
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 1.7 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 1.58) by 0.12. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.85 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -88.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.30% during the next five years compared to 5.14% growth over the previous five years of trading.
Bristol-Myers Squibb Co (NYSE: BMY) Trading Performance Indicators
Check out the current performance indicators for Bristol-Myers Squibb Co (BMY). In the past quarter, the stock posted a quick ratio of 1.09. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.51. Likewise, its price to free cash flow for the trailing twelve months is 8.63.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.60, a number that is poised to hit 1.47 in the next quarter and is forecasted to reach 7.06 in one year’s time.
Technical Analysis of Bristol-Myers Squibb Co (BMY)
Analysing the last 5-days average volume posted by the [Bristol-Myers Squibb Co, BMY], we can find that recorded value of 9.53 million was lower than the volume posted last year of 14.33 million. As of the previous 9 days, the stock’s Stochastic %D was 61.51%. Additionally, its Average True Range was 1.62.
During the past 100 days, Bristol-Myers Squibb Co’s (BMY) raw stochastic average was set at 89.05%, which indicates a significant increase from 67.09% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.73% in the past 14 days, which was higher than the 34.18% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $54.02, while its 200-day Moving Average is $48.63. Now, the first resistance to watch is $59.19. This is followed by the second major resistance level at $59.65. The third major resistance level sits at $60.21. If the price goes on to break the first support level at $58.17, it is likely to go to the next support level at $57.61. Should the price break the second support level, the third support level stands at $57.15.
Bristol-Myers Squibb Co (NYSE: BMY) Key Stats
There are currently 2,028,177K shares outstanding in the company with a market cap of 119.14 billion. Presently, the company’s annual sales total 45,006 M according to its annual income of 8,025 M. Last quarter, the company’s sales amounted to 11,892 M and its income totaled 1,211 M.
