BCE (BCE) Receiving Very Favorable Media Coverage, Study Finds

News articles about BCE (NYSE:BCE) (TSE:BCE) have been trending very positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. BCE earned a daily sentiment score of 4.00 on their scale. InfoTrie also gave news headlines about the utilities provider an news buzz score of 4 out of 10, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

These are some of the media stories that may have effected BCE’s ranking:

Shares of BCE stock opened at $42.80 on Friday. The company has a current ratio of 0.57, a quick ratio of 0.53 and a debt-to-equity ratio of 1.14. The firm has a market capitalization of $38.61 billion, a P/E ratio of 16.34, a P/E/G ratio of 4.64 and a beta of 0.34. BCE has a one year low of $38.75 and a one year high of $49.06.

BCE (NYSE:BCE) (TSE:BCE) last announced its quarterly earnings results on Thursday, November 1st. The utilities provider reported $0.74 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.71 by $0.03. The business had revenue of $5.88 billion for the quarter, compared to analyst estimates of $5.85 billion. BCE had a return on equity of 18.73% and a net margin of 12.13%. BCE’s quarterly revenue was up 3.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.86 EPS. Research analysts expect that BCE will post 2.65 earnings per share for the current fiscal year.

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, January 15th. Shareholders of record on Friday, December 14th will be paid a $0.574 dividend. This represents a $2.30 dividend on an annualized basis and a yield of 5.36%. The ex-dividend date of this dividend is Thursday, December 13th. BCE’s dividend payout ratio is currently 88.55%.

Several brokerages recently commented on BCE. Barclays decreased their price target on BCE from $50.00 to $47.00 and set an “overweight” rating on the stock in a research note on Friday, November 2nd. Royal Bank of Canada reaffirmed a “hold” rating on shares of BCE in a research note on Friday, November 2nd. Zacks Investment Research lowered BCE from a “buy” rating to a “hold” rating in a research note on Friday, October 26th. ValuEngine raised BCE from a “sell” rating to a “hold” rating in a research note on Wednesday, October 24th. Finally, TD Securities reaffirmed a “hold” rating on shares of BCE in a research note on Wednesday, October 24th. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $45.50.

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BCE Company Profile

BCE Inc, a telecommunications and media company, provides wireless, wireline, Internet, and television (TV) services to residential, business, and wholesale customers in Canada. The company operates through three segments: Bell Wireless, Bell Wireline, and Bell Media. The Bell Wireless segment offers integrated digital wireless voice and data communications products and services.

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