Bristol-Myers Squibb Co (NYSE: BMY) on Friday, plunged -0.55% from the previous trading day, before settling in for the closing price of $58.00. Within the past 52 weeks, BMY’s price has moved between $39.35 and $61.08.
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Healthcare Sector giant saw their annual sales surged by 16.92% over the last five years. The company achieved an average annual earnings per share of -87.94%. 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 21.74%, and the pretax margin is -14.5%.
Bristol-Myers Squibb Co (BMY) Insider Activity
Observing investor behavior towards Drug Manufacturers – General industry stocks is more important than anything else. The insider ownership of Bristol-Myers Squibb Co is 0.08%, while institutional ownership is 77.73%. 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
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.8 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -87.94% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.00% 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
Bristol-Myers Squibb Co (BMY) is currently performing well based on its current performance indicators. A quick ratio of 1.09 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.45. Likewise, its price to free cash flow for the trailing twelve months is 8.43.
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 7.08 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 14.52 million was better than the volume posted last year of 14.06 million. As of the previous 9 days, the stock’s Stochastic %D was 77.29%. Additionally, its Average True Range was 1.22.
During the past 100 days, Bristol-Myers Squibb Co’s (BMY) raw stochastic average was set at 77.12%, which indicates a significant increase from 55.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.73% in the past 14 days, which was lower than the 27.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $56.53, while its 200-day Moving Average is $49.30. Now, the first resistance to watch is $58.20. This is followed by the second major resistance level at $58.71. The third major resistance level sits at $59.05. If the price goes on to break the first support level at $57.34, it is likely to go to the next support level at $57.00. Should the price break the second support level, the third support level stands at $56.49.
Bristol-Myers Squibb Co (NYSE: BMY) Key Stats
Market capitalization of the company is 116.34 billion based on 2,028,177K outstanding shares. Right now, sales total 45,006 M and income totals 8,025 M. The company made 11,892 M in profit during its latest quarter, and 1,211 M in sales during its previous quarter.
