In recent trading session, British American Tobacco p.l.c. (NYSE:BTI) saw 1,191,964 shares changing hands with its beta currently measuring 0.92. Company’s recent per share price level of $34.05 trading at -$1.03 or -2.94% at recent trade assigns it a market valuation of $76.87 Billion. That current trading price of BTI’s stock is at a discount of -34.04% from its 52-week high price of $45.64 and is indicating a premium of 19.77% from its 52-week low price of $27.32. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.05 Million shares which gives us an average trading volume of 1.8 Million if we extend that period to 3-months.
For British American Tobacco p.l.c. (BTI), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 2. Splitting up the data highlights that, out of 3 analysts covering the stock, none rated the stock as a Sell while 1 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 1 see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0 in the current quarter.
British American Tobacco p.l.c. (NYSE:BTI) trade information
In the face of being in the red today for losing -2.94%, in the last five days BTI remained trading in the green while hitting it’s week-highest on Tuesday, Jul 28 when the stock touched $35.76- price level, adding 4.31% to its value on the day. British American Tobacco p.l.c.’s shares saw a change of -19.41% in year-to-date performance and have moved -1.1% in past 5-day. British American Tobacco p.l.c. (NYSE:BTI) showed a performance of -11.85% in past 30-days. Number of shares sold short was 4.03 Million shares which calculate 2.24 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $37.8 to the stock, which implies a rise of 11.01% to its current value. Analysts have been projecting $37.8 as a low price target for the stock while placing it at a high target of $37.8. It follows that stock’s current price would jump +11.01% in reaching the projected high whereas dropping to the targeted low would mean a loss of 11.01% for stock’s current value.
British American Tobacco p.l.c. (BTI) estimates and forecasts
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 8.2% during past 5 years. In 2020, company’s earnings growth rate is likely to be around -5.1% while estimates for its earnings growth in next 5 years are of 6.2%
British American Tobacco p.l.c. is more likely release its next earnings report in July, and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 7.65%, the share has a forward dividend of 2.71 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 4.76%.
British American Tobacco p.l.c. (NYSE:BTI)’s Major holders
Insiders are in possession of 0% of company’s total shares while institution are holding 5.27% percent of that, with stock having share float percentage of 5.27%. Investors also watch the number of corporate investors in a company very closely, which is 534 institutions for British American Tobacco p.l.c. that are currently holding shares of the company. Capital Research Global Investors is the top institutional holder at BTI for having 19.36 Million shares of worth $661.99 Million. And as of March 30, 2020, it was holding 7.53% of the company’s outstanding shares.
The second largest institutional holder is Orbis Allan Gray Ltd, which was holding about 14.95 Million shares on March 30, 2020. The number of shares represents firm’s hold over 5.82% of outstanding shares, having a total worth of $511.21 Million.
On the other hand, Capital Income Builder, Inc. and Capital World Growth and Income Fund are the top two Mutual Funds which own company’s shares. As of April 29, 2020, the former fund manager was holding 10891122 shares of worth $415.5 Million or 4.24% of the total outstanding shares. The later fund manager was in possession of 6.62 Million shares on February 28, 2020, making its stake of worth around $263.47 Million in the company or a holder of 2.58% of company’s stock.