BCE (BCE) Receiving Somewhat Favorable Press Coverage, Study Shows
News articles about BCE (NYSE:BCE) (TSE:BCE) have trended somewhat positive this week, Accern reports. The research group rates the sentiment of news coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. BCE earned a daily sentiment score of 0.14 on Accern’s scale. Accern also gave media coverage about the utilities provider an impact score of 47.0236590355615 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the headlines that may have effected Accern Sentiment’s scoring:
- Better Buy for Dividend Investors: BCE Inc. vs. Shaw Communications Inc. (fool.ca)
- Thomaspartners, Inc. Bought A Little More BCE, Inc. (BCE) Stock … – Modern Readers (modernreaders.com)
- Telecom Stock Roundup: DISH Network, Telephone and Data Systems and BCE Disappoint in Q2 – Nasdaq (nasdaq.com)
- Does BCE Inc. (BCE) Make for a Suitable Value Pick Now? – Nasdaq (nasdaq.com)
Shares of BCE (BCE) traded up 0.63% during trading on Monday, reaching $46.53. The company had a trading volume of 614,387 shares. The firm’s 50 day moving average price is $46.04 and its 200 day moving average price is $44.97. The firm has a market capitalization of $41.89 billion, a P/E ratio of 18.02 and a beta of 0.36. BCE has a 12 month low of $41.83 and a 12 month high of $48.89.
BCE (NYSE:BCE) (TSE:BCE) last announced its earnings results on Thursday, August 3rd. The utilities provider reported $0.65 EPS for the quarter, missing analysts’ consensus estimates of $0.67 by $0.02. The company had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.65 billion. BCE had a net margin of 12.85% and a return on equity of 21.08%. BCE’s quarterly revenue was up 6.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.94 EPS. Equities analysts predict that BCE will post $2.63 EPS for the current year.
The business also recently announced a quarterly dividend, which will be paid on Sunday, October 15th. Shareholders of record on Friday, September 15th will be issued a dividend of $0.575 per share. This represents a $2.30 dividend on an annualized basis and a yield of 4.94%. The ex-dividend date of this dividend is Thursday, September 14th. This is a boost from BCE’s previous quarterly dividend of $0.53. BCE’s dividend payout ratio is 87.30%.
A number of brokerages have recently issued reports on BCE. BidaskClub raised BCE from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Zacks Investment Research lowered BCE from a “strong-buy” rating to a “hold” rating in a research note on Monday, August 7th. Barclays PLC lifted their price target on BCE from $47.00 to $51.00 and gave the stock an “overweight” rating in a research note on Friday, August 4th. Argus began coverage on BCE in a research note on Tuesday, July 18th. They issued a “hold” rating on the stock. Finally, Canaccord Genuity set a $60.00 price target on BCE and gave the stock a “hold” rating in a research note on Tuesday, May 16th. Five investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. BCE has a consensus rating of “Buy” and a consensus target price of $55.80.
TRADEMARK VIOLATION NOTICE: “BCE (BCE) Receiving Somewhat Favorable Press Coverage, Study Shows” was published by Watch List News and is the property of of Watch List News. If you are accessing this piece on another website, it was copied illegally and reposted in violation of U.S. and international trademark and copyright legislation. The original version of this piece can be viewed at https://www.watchlistnews.com/bce-bce-receiving-somewhat-favorable-press-coverage-study-shows/1488230.html.
BCE Company Profile
BCE Inc is a communications company. The Company’s segments include Bell Wireless, Bell Wireline and Bell Media. Its Bell Wireless segment provides wireless voice and data communications products and services to its residential, small and medium-sized business and large enterprise customers across Canada.
Receive News & Ratings for BCE Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BCE Inc. and related companies with Analyst Ratings Network's FREE daily email newsletter.