Let’s Jump into the British American Tobacco p.l.c. (NYSE:BTI) Stock Forecast – Marketing Sentinel

Let’s Jump into the British American Tobacco p.l.c. (NYSE:BTI) Stock Forecast

In the latest trading session, 8,423,764 British American Tobacco p.l.c. (NYSE:BTI) shares changed hands as the company’s beta touched 0.9. With the company’s most recent per share price at $38.17 changing hands around -$1.44 or -0.04% at last look, the market valuation stands at $89.22 Billion. BTI’s current price is a discount, trading about -8.93% off its 52-week high of $41.58. The share price had its 52-week low at $31.6, which suggests the last value was 17.21% up since then. When we look at British American Tobacco p.l.c.’s average trading volume, we note the 10-day average is 2.92 Million shares, with the 3-month average coming to 2.48 Million.

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Analysts gave the British American Tobacco p.l.c. (BTI) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1. If we narrow down to specifics, the data shows that none out of 2 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Of the remaining, none recommended BTI as a Hold, 2 felt it is a Buy and none rated the stock as Underweight. British American Tobacco p.l.c.’s EPS for the current quarter is expected to be $0.

British American Tobacco p.l.c. (NYSE:BTI) trade information

Although BTI has turned red as seen in intraday trades today. With action -3.62%, the performance over the past five days has been red. The jump to weekly highs of $41.14 on Monday, Apr 19 added 7.24% to the stock’s daily price. The company’s shares are showing year-to-date upside of 0.02%, with the 5-day performance at -0.02% in the red. However, in the 30-day time frame, British American Tobacco p.l.c. (NYSE:BTI) is -0.03% down. Looking at the short shares, we see there were 9.28 Million shares sold at short interest cover period of 3.74 days.

The consensus price target for the stock as assigned by Wall Street analysts is $38.71, meaning bulls need an upside of 1.41% from its recent market value. According to analyst projections, BTI’s forecast low is $38.71 with $38.71 as the target high. To hit the forecast high, the stock’s price needs a +1.41% upsurge from its latest level, while the stock would need to tank 1.41% for it to hit the projected low.

British American Tobacco p.l.c. (BTI) estimates and forecasts

Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 3.5%. The 2021 estimates are for British American Tobacco p.l.c. earnings to increase by 10.6%, but the outlook for the next 5-year period is at 4.5% per year.

BTI Dividends

The 7.54% annual yield figure for the share gives it an annual dividend of 2.98. It is important to note, however, that the 7.54% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 5.3% per year.

British American Tobacco p.l.c. (NYSE:BTI)’s Major holders

If we look at who the major shareholders are, we find that insiders hold 0.26% of British American Tobacco p.l.c. shares while 6.2% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 6.21%. There are 556 institutions holding the British American Tobacco p.l.c. stock share, with Orbis Allan Gray Ltd the top institutional holder. As of Dec 30, 2020, the company held 0.88% of the shares, roughly 20.16 Million BTI shares worth $755.75 Million.

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FMR, LLC holds the second largest percentage of outstanding shares, with 0.47% or 10.83 Million shares worth $406.03 Million as of Dec 30, 2020.

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Among Mutual Funds, the top two as of Jan 30, 2021 were Capital Income Builder, Inc. and Capital World Growth and Income Fund. With 5339964 shares estimated at $195.18 Million under it, the former controlled 0.23% of total outstanding shares. On the other hand, Capital World Growth and Income Fund held about 0.17% of the shares, roughly 4.01 Million shares worth around $150.44 Million.

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