In the last trading session, 5.77 million shares of the British American Tobacco p.l.c. (NYSE:BTI) were traded, and its beta was 0.88. Most recently the company’s share price was $34.74, and it changed around -$0.03 or -0.09% from the last close, which brings the market valuation of the company to $78.62B. BTI currently trades at a discount to its 52-week high of $41.14, offering almost -18.42% off that amount. The share price’s 52-week low was $31.60, which indicates that the current value has risen by an impressive 9.04% since then. We note from British American Tobacco p.l.c.’s average daily trading volume that its 10-day average is 3.75 million shares, with the 3-month average coming to 2.86 million.
British American Tobacco p.l.c. stock received a consensus recommendation rating of a Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 0 recommended BTI as a Hold, whereas 1 deemed it a Buy, and 0 rated it as Underweight. British American Tobacco p.l.c. is expected to report earnings per share of $0 for the current quarter.
British American Tobacco p.l.c. (NYSE:BTI) trade information
Instantly BTI has showed a red trend with a performance of -0.09% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 35.18 on Tuesday, 10/12/21 increased the stock’s daily price by 1.25%. The company’s shares are currently down -7.34% year-to-date, but still down -1.00% over the last five days. On the other hand, British American Tobacco p.l.c. (NYSE:BTI) is -6.08% down in the 30-day period. We can see from the shorts that 2.97 million shares have been sold at a short interest cover period of 1.13 day(s).
The consensus price target as assigned by Wall Street analysts is $50.12, which translates to bulls needing to increase their stock price by 30.69% from its current value. Analyst projections state that BTI is forecast to be at a low of $50.12 and a high of $50.12. In order for the stock price to hit the forecast high, the stock would need to plunge -44.27% from its current level, while the stock would need to crash -44.27% from its current level to reach the projected low.
British American Tobacco p.l.c. (BTI) estimates and forecasts
British American Tobacco p.l.c. share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -10.81 percent over the past six months and at a 5.40% annual growth rate that is well below the industry average of 6.30%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 3.50%. British American Tobacco p.l.c. earnings are expected to increase by 10.60% in 2021, but the outlook is positive 4.00% per year for the next five years.
British American Tobacco p.l.c.’s next quarterly earnings report is expected to be released in November. The annual dividend yield of the stock is 8.58 percent and its annual dividend per share was 2.98. It is important to note, however, that the 8.58% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 5.56 per year.
British American Tobacco p.l.c. (NYSE:BTI)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 0.26% of British American Tobacco p.l.c. shares, and 5.62% of them are in the hands of institutional investors. The stock currently has a share float of 5.63%. British American Tobacco p.l.c. stock is held by 575 institutions, with Orbis Allan Gray Ltd being the largest institutional investor. By Mar 30, 2021, it held 0.91% of the shares, which is about 20.82 million shares worth $806.75 million.
FMR, LLC, with 0.44% or 10.2 million shares worth $395.0 million as of Mar 30, 2021, holds the second largest percentage of outstanding shares.
Capital Income Builder, Inc. and American Funds Insurance Ser-Asset Allocation Fund were the top two Mutual Funds as of Jun 29, 2021. The former held 5.34 million shares worth $209.91 million, making up 0.23% of all outstanding shares. On the other hand, American Funds Insurance Ser-Asset Allocation Fund held roughly 3.92 million shares worth around $154.08 million, which represents about 0.17% of the total shares outstanding.