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BMO
Stock ticker: NYSE
AS OF
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Price
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Capitalization
57.69B

BMO Price Prediction, Bank of Montreal AI Recommendations

Stock market charts, price targets, analyst ratings and a financial calendar

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for BMO with price predictions
07:00 PM EST Nov 30, 2023

Momentum Indicator for BMO turns positive, indicating new upward trend

BMO saw its Momentum Indicator move above the 0 level on November 03, 2023. This is an indication that the stock could be shifting in to a new upward move. Traders may want to consider buying the stock or buying call options. Tickeron's A.I.dvisor looked at 68 similar instances where the indicator turned positive. In of the 68 cases, the stock moved higher in the following days. The odds of a move higher are at .

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The Moving Average Convergence Divergence (MACD) for BMO just turned positive on November 02, 2023. Looking at past instances where BMO's MACD turned positive, the stock continued to rise in of 40 cases over the following month. The odds of a continued upward trend are .

BMO moved above its 50-day moving average on November 29, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for BMO crossed bullishly above the 50-day moving average on November 27, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 15 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BMO advanced for three days, in of 361 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 323 cases where BMO Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Bearish Trend Analysis

The RSI Oscillator demonstrated that the stock has entered the overbought zone. This may point to a price pull-back soon.

The Stochastic Oscillator entered the overbought zone. Expect a price pull-back in the foreseeable future.

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BMO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

BMO broke above its upper Bollinger Band on December 01, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options.

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BMO’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BMO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 65, placing this stock worse than average.

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.100) is normal, around the industry mean (0.910). P/E Ratio (10.730) is within average values for comparable stocks, (8.257). Projected Growth (PEG Ratio) (7.049) is also within normal values, averaging (3.509). Dividend Yield (0.053) settles around the average of (0.055) among similar stocks. P/S Ratio (2.438) is also within normal values, averaging (2.368).

A.I. Advisor
published Earnings

BMO is expected to report earnings to rise 13.52% to $3.19 per share on February 27

Bank of Montreal BMO Stock Earnings Reports
Q1'24
Est.
$3.19
Q4'23
Missed
by $0.06
Q3'23
Missed
by $0.37
Q2'23
Missed
by $0.26
Q1'23
Beat
by $0.06
The last earnings report on December 01 showed earnings per share of $2.81, missing the estimate of $2.87. With 1.33M shares outstanding, the current market capitalization sits at 57.69B.
A.I.Advisor
published Dividends

BMO paid dividends on November 26, 2021

Bank of Montreal BMO Stock Dividends
А quarterly dividend of $0.84 per share was paid with a record date of November 26, 2021, and an ex-dividend date of October 29, 2021. Read more...
A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), Wells Fargo & Co (NYSE:WFC), HSBC Holdings PLC (NYSE:HSBC), Citigroup (NYSE:C), Barclays PLC (NYSE:BCS).

Industry description

Major banks are among the biggest companies in the world, often times with global reach and market capitalizations in the multi-billions. Large banks often have multiple arms spanning different disciplines, from deposits, to investment banking, to wealth management and insurance. The biggest banks often have key competitive advantages over smaller players in the industry in terms of brand recognition, cost of capital, and efficiency. Think J.P. Morgan, Bank of America, Wells Fargo, and Citigroup.

Market Cap

The average market capitalization across the Major Banks Industry is 81.77B. The market cap for tickers in the group ranges from 191.41M to 443.89B. JPM holds the highest valuation in this group at 443.89B. The lowest valued company is MSL at 191.41M.

High and low price notable news

The average weekly price growth across all stocks in the Major Banks Industry was 1%. For the same Industry, the average monthly price growth was 8%, and the average quarterly price growth was 8%. UBS experienced the highest price growth at 9%, while BNDSY experienced the biggest fall at -5%.

Volume

The average weekly volume growth across all stocks in the Major Banks Industry was 191%. For the same stocks of the Industry, the average monthly volume growth was 4% and the average quarterly volume growth was -6%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 56
Price Growth Rating: 47
SMR Rating: 11
Profit Risk Rating: 65
Seasonality Score: 36 (-100 ... +100)
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published price charts
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published General Information

General Information

a major bank

Industry MajorBanks

Profile
Fundamentals
Details
Industry
Major Banks
Address
129 rue Saint-Jacques
Phone
+1 416 867-7366
Employees
46000
Web
https://www.bmo.com
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BMO and

Correlation & Price change

A.I.dvisor indicates that over the last year, BMO has been closely correlated with RY. These tickers have moved in lockstep 82% of the time. This A.I.-generated data suggests there is a high statistical probability that if BMO jumps, then RY could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BMO
1D Price
Change %
BMO100%
+2.35%
RY - BMO
82%
Closely correlated
+0.76%
TD - BMO
77%
Closely correlated
-0.48%
BNS - BMO
76%
Closely correlated
+0.98%
CM - BMO
74%
Closely correlated
+1.45%
BAC - BMO
70%
Closely correlated
+1.54%
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