In the latest trading session,, 1.78 million Bristol-Myers Squibb Co (NYSE:BMY) shares changed hands as the company’s beta touched 0.37. With the company’s most recent per share price at $46.81 changing hands around $0.06 or 0.12% at last look, the market valuation stands at $95.25B. BMY’s current price is a discount, trading about -35.29% off its 52-week high of $63.33. The share price had its 52-week low at $39.35, which suggests the last value was 15.94% up since then.
Analysts gave the Bristol-Myers Squibb Co (BMY) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.64. If we narrow down to specifics, the data shows that 0 out of 14 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 9 recommended BMY as a Hold, 5 felt it is a Buy and 0 rated the stock as Underweight.
Bristol-Myers Squibb Co (NYSE:BMY) trade information
Instantly BMY is in green as seen in intraday trades today. With action -2.85%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -17.25%, with the 5-day performance at -2.85% in the red. However, in the 30-day time frame, Bristol-Myers Squibb Co (NYSE:BMY) is -4.93% down.
The consensus price target for the stock as assigned by Wall Street analysts is 66.5, meaning bulls need an upside of 29.61% from its recent market value. According to analyst projections, BMY’s forecast low is 65 with 68 as the target high. To hit the forecast high, the stock’s price needs a -45.27% plunge from its current level, while the stock would need to soar -38.86% for it to hit the projected low.
The 2025 estimates are for Bristol-Myers Squibb Co earnings to increase by 496.84%, but the outlook for the next 5-year period is at 72.93% per year.
BMY Dividends
Bristol-Myers Squibb Co is expected to release its next quarterly earnings report in June. The 5.21% annual yield figure for the share gives it an annual dividend of 2.44. It is important to note, however, that the 5.21% 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.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 7.8273% or 158.66 million shares worth $6.59 billion as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard 500 Index Fund . With 63.59 shares estimated at $2.98 billion under it, the former controlled 3.12% of total outstanding shares. On the other hand, VANGUARD INDEX FUNDS-Vanguard 500 Index Fund held about 2.70% of the shares, roughly 54.9 shares worth around $2.57 billion.
