After Hours
It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Earlier, Yahoo Finance discussed this stock as it revealed Bristol Myers Squibb Announces Expiration of RayzeBio Tender Offer.
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Stocks Info
Bristol-Myers Squibb Co. is listed on the NYSE in the Healthcare sector while operating in the Drug Manufacturers – General industry. The current market capitalization of Bristol-Myers Squibb Co. is $104.47B. A total of 11.05 million shares were traded on the day, compared to an average of 15.44M shares.
Insider Activity
Insider trades are also considered as indicators of how a stock will perform in the future, in addition to stock predictions. During the recent three months, BMY has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 85 BUYs and 51 SELLs from insiders. Insiders purchased 708,048 shares during that period but sold 423,399.
In the most recent transaction, BOERNER CHRISTOPHER S. bought 2,000 shares of BMY for 49.78 per share on Dec 05. After the transaction, the Chief Executive Officer now owns 82,672 company shares. In a previous transaction on Nov 28, BOERNER CHRISTOPHER S. bought 3,071 shares at 48.86 per share. BMY shares that Chief Executive Officer owns now total 79,384.
Among the insiders who bought shares, Samuels Theodore R. II acquired of 8,500 shares on Nov 20 at a per-share price of $49.81. This resulted in the Director holding 35,500 shares of BMY after the transaction. In another insider transaction, Powell Ann sold 17,986 shares at $61.25 per share on Aug 24. Company shares held by the EVP, Chief Human Resources now total 27,868.
Dividend
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Bristol-Myers Squibb Co. pays an annual dividend of $2.31, resulting in a dividend yield of 4.47%, and it has a price to earnings (P/E) ratio of 13.39. BMY’s most recent ex-dividend date was 1/4/2024 when it declared a $0.60 quarterly dividend that was paid in cash on 2/1/2024. Previously, the company paid the dividend on 11/1/2023 with an ex-dividend date of 10/5/2023. The BMY stock dividend was $0.57 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for BMY in the last 3 months, the mean price target is $55.42 with high estimates of $68.00 and low estimates of $41.00. In terms of 52-week highs and lows, BMY has a high of $71.98 and a low of $47.58.
As of this writing, BMY has an earnings estimate of $1.57 per share for the current quarter. EPS was calculated based on a consensus of 15 estimates, with a high estimate of $1.94 per share and a lower estimate of $1.3. The company reported an EPS of $1.82 in the last quarter, which was 13.00% higher than expectations of $1.61.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information. BMY’s latest balance sheet shows that the firm has $17.22B in Cash & Short Term Investments as of fiscal 2021. There were $45.60B in debt and $21.87B in liabilities at the time. Its Book Value Per Share was $14.56, while its Total Shareholder’s Equity was $36.01B.
Analysts Opinion
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for BMY is Buy with a score of 3.29.
