Do Bank of Montreal (NYSE: BMO) Fit In A Value Investing Philosophy?

Currently, there are 729.53M common shares owned by the public and among those 728.89M shares have been available to trade.

The company’s stock has a 5-day price change of 1.47% and 7.40% over the past three months. BMO shares are trading 4.12% year to date (YTD), with the 12-month market performance up to 11.56% higher. It has a 12-month low price of $76.98 and touched a high of $104.63 over the same period. BMO has an average intraday trading volume of 668.87K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.39%, 2.48%, and 10.91% respectively.

Institutional ownership of Bank of Montreal (NYSE: BMO) shares accounts for 50.00% of the company’s 729.53M shares outstanding.

It has a market capitalization of $73.73B and a beta (3y monthly) value of 1.08. The stock’s trailing 12-month PE ratio is 14.47, while the earnings-per-share (ttm) stands at $6.98. The company has a PEG of 1.13 and the debt-to-equity ratio at 1.84. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.21% over the week and 1.39% over the month.

Analysts forecast that Bank of Montreal (BMO) will achieve an EPS of 2.4 for the current quarter, 2.51 for the next quarter and 12.94 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 2.2 while analysts give the company a high EPS estimate of 2.2. Comparatively, EPS for the current quarter was 2.56 a year ago. Earnings per share for the fiscal year are expected to increase by 10.07%, and 19.17% over the next financial year. EPS should grow at an annualized rate of 12.82% over the next five years, compared to 1.38% over the past 5-year period.

BofA Securities on their part issued Neutral rating on August 28, 2024.

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