Bank Of Montreal Stock Buy Hold or Sell Recommendation
BMO Stock | USD 91.01 0.05 0.06% |
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding Bank of Montreal is 'Strong Hold'. Macroaxis provides Bank of Montreal buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding BMO positions. The advice algorithm takes into account all of Bank of Montreal's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting Bank of Montreal's buy or sell advice are summarized below:
Real Value 92.48 | Target Price 90.33 | Hype Value 91.01 | Market Value 91.01 | Naive Value 87.16 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Bank of Montreal given historical horizon and risk tolerance towards Bank of Montreal. When Macroaxis issues a 'buy' or 'sell' recommendation for Bank of Montreal, the advice is generated through an automated system that utilizes algorithms and statistical models.
Bank |
Execute Bank of Montreal Buy or Sell Advice
The Bank recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Bank of Montreal. Macroaxis does not own or have any residual interests in Bank of Montreal or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Bank of Montreal's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Reporting Quality (M-Score) | Unavailable | Details |
Bank of Montreal Trading Alerts and Improvement Suggestions
Bank of Montreal generated a negative expected return over the last 90 days | |
On 27th of February 2024 Bank of Montreal paid $ 1.1173 per share dividend to its current shareholders | |
Latest headline from finance.yahoo.com: Shelter Movers Fundraising Event In Toronto Raises Over 900,000 To Help Transition Individuals and Families to Live Free of Abuse |
Bank of Montreal Returns Distribution Density
The distribution of Bank of Montreal's historical returns is an attempt to chart the uncertainty of Bank of Montreal's future price movements. The chart of the probability distribution of Bank of Montreal daily returns describes the distribution of returns around its average expected value. We use Bank of Montreal price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Bank of Montreal returns is essential to provide solid investment advice for Bank of Montreal.
Mean Return | -0.03 | Value At Risk | -1.89 | Potential Upside | 2.15 | Standard Deviation | 1.18 |
Return Density |
Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Bank of Montreal historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Bank Stock Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Bank of Montreal is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Bank of Montreal backward and forwards among themselves. Bank of Montreal's institutional investor refers to the entity that pools money to purchase Bank of Montreal's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares | Norges Bank | 2023-12-31 | 8.2 M | Beutel, Goodman & Company Ltd. | 2023-12-31 | 5.8 M | 1832 Asset Management L.p | 2023-12-31 | 5.7 M | Caisse De Depot Et Placement Du Quebec | 2023-12-31 | 5.6 M | Manufacturers Life Insurance Co | 2023-12-31 | 5.5 M | Goldman Sachs Group Inc | 2023-12-31 | 5.5 M | Legal & General Group Plc | 2023-12-31 | 5.4 M | Connor Clark & Lunn Inv Mgmt Ltd | 2023-12-31 | 4 M | Bank Of America Corp | 2023-12-31 | 3.6 M | Royal Bank Of Canada | 2023-12-31 | 66.2 M | Vanguard Group Inc | 2023-12-31 | 28.1 M |
Bank of Montreal Cash Flow Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Change In Cash | 6.7B | 8.6B | 35.9B | (5.8B) | (9.5B) | (1.8B) | |
Free Cash Flow | 49.8B | 43.1B | 3.5B | 7.9B | 9.1B | 5.4B | |
Depreciation | 1.4B | 1.4B | 1.4B | 2.1B | 2.4B | 2.5B | |
Other Non Cash Items | 197M | 140M | (318M) | 2.0B | 2.3B | 2.4B | |
Dividends Paid | 2.8B | 2.5B | 3.0B | 2.6B | 2.7B | 3.9B | |
Capital Expenditures | 1.1B | 1.0B | 983M | 1.4B | 1.7B | 5.2B | |
Net Income | 5.8B | 5.1B | 7.8B | 13.5B | 4.4B | 3.7B | |
End Period Cash Flow | 48.8B | 57.4B | 93.3B | 87.5B | 77.9B | 26.3B | |
Change To Inventory | (24.1B) | (40.0B) | (26.9B) | (12.3B) | (11.1B) | (11.6B) | |
Investments | (32.0B) | 621M | (29.5B) | (21.2B) | (19.0B) | (18.1B) | |
Net Borrowings | (824M) | (9B) | (1.3B) | 14.7B | (1.0B) | (2.9B) | |
Change To Netincome | 623M | 2.8B | 208M | 61M | 1.3B | 17.0B |
Bank of Montreal Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Bank of Montreal or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Bank of Montreal's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Bank stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over NYSE Composite | -0.12 | |
β | Beta against NYSE Composite | 1.32 | |
σ | Overall volatility | 1.16 | |
Ir | Information ratio | -0.08 |
Bank of Montreal Volatility Alert
Bank of Montreal exhibits very low volatility with skewness of -0.79 and kurtosis of 1.76. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Bank of Montreal's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Bank of Montreal's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Bank of Montreal Fundamentals Vs Peers
Comparing Bank of Montreal's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Bank of Montreal's direct or indirect competition across all of the common fundamentals between Bank of Montreal and the related equities. This way, we can detect undervalued stocks with similar characteristics as Bank of Montreal or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Bank of Montreal's fundamental indicators could also be used in its relative valuation, which is a method of valuing Bank of Montreal by comparing valuation metrics with those of similar companies.
Better Than Average | Worse Than Average | Compare Bank of Montreal to competition |
Fundamentals | Bank of Montreal | Peer Average |
Return On Equity | 0.0728 | -0.31 |
Return On Asset | 0.0045 | -0.14 |
Profit Margin | 0.18 % | (1.27) % |
Operating Margin | 0.27 % | (5.51) % |
Current Valuation | (107.26 B) | 16.62 B |
Shares Outstanding | 725.44 M | 571.82 M |
Shares Owned By Insiders | 0.02 % | 10.09 % |
Shares Owned By Institutions | 53.78 % | 39.21 % |
Number Of Shares Shorted | 5.24 M | 4.71 M |
Price To Earning | 14.84 X | 28.72 X |
Price To Book | 1.25 X | 9.51 X |
Price To Sales | 2.18 X | 11.42 X |
Revenue | 33.05 B | 9.43 B |
Gross Profit | 29.02 B | 27.38 B |
EBITDA | 7.95 B | 3.9 B |
Net Income | 4.38 B | 570.98 M |
Cash And Equivalents | 335.16 B | 2.7 B |
Cash Per Share | 497.00 X | 5.01 X |
Total Debt | 248.74 B | 5.32 B |
Debt To Equity | 15.26 % | 48.70 % |
Book Value Per Share | 101.95 X | 1.93 K |
Cash Flow From Operations | 9.59 B | 971.22 M |
Short Ratio | 9.00 X | 4.00 X |
Earnings Per Share | 5.28 X | 3.12 X |
Price To Earnings To Growth | 0.59 X | 4.89 X |
Target Price | 94.51 | |
Number Of Employees | 55.77 K | 18.84 K |
Beta | 1.18 | -0.15 |
Market Capitalization | 66.02 B | 19.03 B |
Total Asset | 1.29 T | 29.47 B |
Retained Earnings | 44.92 B | 9.33 B |
Annual Yield | 0.05 % | |
Five Year Return | 4.01 % |
Bank of Montreal Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Bank . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Bank of Montreal Buy or Sell Advice
When is the right time to buy or sell Bank of Montreal? Buying financial instruments such as Bank Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.2021 | 2022 | 2024 (projected) | Short and Long Term Debt Total | 222.6B | 248.7B | 300.3B | Total Assets | 1.1T | 1.3T | 626.6B |
Use Investing Ideas to Build Portfolios
In addition to having Bank of Montreal in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.Did You Try This Idea?
Run Business Services Thematic Idea Now
Business Services
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Business Services theme has 61 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Business Services Theme or any other thematic opportunities.
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Check out Bank of Montreal Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Bank Stock, please use our How to Invest in Bank of Montreal guide.You can also try the Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.
Complementary Tools for Bank Stock analysis
When running Bank of Montreal's price analysis, check to measure Bank of Montreal's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Bank of Montreal is operating at the current time. Most of Bank of Montreal's value examination focuses on studying past and present price action to predict the probability of Bank of Montreal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Bank of Montreal's price. Additionally, you may evaluate how the addition of Bank of Montreal to your portfolios can decrease your overall portfolio volatility.
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Is Bank of Montreal's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Bank of Montreal. If investors know Bank will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Bank of Montreal listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 11.567 | Dividend Share 5.88 | Earnings Share 5.28 | Revenue Per Share 43.463 | Quarterly Revenue Growth 0.443 |
The market value of Bank of Montreal is measured differently than its book value, which is the value of Bank that is recorded on the company's balance sheet. Investors also form their own opinion of Bank of Montreal's value that differs from its market value or its book value, called intrinsic value, which is Bank of Montreal's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Bank of Montreal's market value can be influenced by many factors that don't directly affect Bank of Montreal's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Bank of Montreal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Bank of Montreal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Bank of Montreal's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.