During the recent session, British American Tobacco p.l.c. (NYSE:BTI)’s traded shares were 2.24 million, with the beta value of the company hitting 0.62. At the last check today, the stock’s price was $38.79, reflecting an intraday loss of -2.01% or -$0.8. The 52-week high for the BTI share is $47.24, that puts it down -21.78 from that peak though still a striking 13.33% gain since the share price plummeted to a 52-week low of $33.62. The company’s market capitalization is $93.35B, and the average intraday trading volume over the past 10 days was 2.69 million shares, and the average trade volume was 2.91 million shares over the past three months.
British American Tobacco p.l.c. (BTI) received a consensus recommendation of a Buy from analysts. That translates to a mean rating of 1.00. BTI has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $0.
British American Tobacco p.l.c. (NYSE:BTI) trade information
British American Tobacco p.l.c. (BTI) registered a -2.01% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.01% in intraday trading to $38.79 this Wednesday, 08/03/22, hitting a weekly high. The stock’s 5-day price performance is -6.07%, and it has moved by -4.05% in 30 days. Based on these gigs, the overall price performance for the year is 4.51%. The short interest in British American Tobacco p.l.c. (NYSE:BTI) is 2.9 million shares and it means that shorts have 0.99 day(s) to cover.
The consensus price target of analysts on Wall Street is $51.61, which implies an increase of 24.84% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $51.61 and $51.61 respectively. As a result, BTI is trading at a discount of -33.05% off the target high and -33.05% off the low.
British American Tobacco p.l.c. (BTI) estimates and forecasts
Statistics show that British American Tobacco p.l.c. has outperformed its competitors in share price, compared to the industry in which it operates. British American Tobacco p.l.c. (BTI) shares have gone down -8.38% during the last six months, with a year-to-date growth rate more than the industry average at -3.10% against -3.90.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 3.00%. While earnings are projected to return 5.90% in 2022, the next five years will return 8.90% per annum.
British American Tobacco p.l.c. is due to release its next quarterly earnings in September. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for British American Tobacco p.l.c. is 3.61, with the dividend yield indicating at 9.13 percent, continuing the trend of increasing dividends in recent years.
British American Tobacco p.l.c. (NYSE:BTI)’s Major holders
British American Tobacco p.l.c. insiders own 0.27% of total outstanding shares while institutional holders control 6.83%, with the float percentage being 6.84%. GQG Partners LLC is the largest shareholder of the company, while 650 institutions own stock in it. As of Mar 30, 2022, the company held over 29.04 million shares (or 1.29% of all shares), a total value of $1.22 billion in shares.
The next largest institutional holding, with 15.11 million shares, is of Orbis Allan Gray Ltd’s that is approximately 0.67% of outstanding shares. At the market price on Mar 30, 2022, these shares were valued at $637.23 million.
Also, the Mutual Funds coming in first place with the largest holdings of British American Tobacco p.l.c. (BTI) shares are Goldman Sachs GQG Partners International Opportunities Fund and Capital Income Builder, Inc. Data provided on Apr 29, 2022 indicates that Goldman Sachs GQG Partners International Opportunities Fund owns about 14.04 million shares. This amounts to just over 0.62 percent of the company’s overall shares, with a $586.44 million market value. The same data shows that the other fund manager holds slightly less at 5.34 million, or about 0.24% of the stock, which is worth about $229.14 million.