British American Tobacco p.l.c. (NYSE:BTI) saw a downside of -0.91% to close Tuesday at $38.22 after subtracting -$0.35 on the day. The 5-day average trading volume is 4,281,480 shares of the company’s common stock. It has gained $38.90 in the past week and touched a new high 5 times within the past 5 days. An average of 3,153,460 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,375,240.
BTI’s 1-month performance is -7.01% or -$2.38 on its low of $37.68 reached on 01/24/23. The company’s shares have touched a 52-week low of $35.47 and high of $47.24, with the stock’s rally to the 52-week high happening on 01/06/23. YTD, BTI has lost -4.40% or -$1.76 and has reached a new high 3 times. However, the current price is down -19.09% from the 52-week high price.
BTI stock has a beta of 0.62. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.59 while the price-to-book (PB) in the most recent quarter is 0.95, with the price to cash flow ratio at 13.35.
British American Tobacco p.l.c.’s quick ratio for the recent period was 0.50, with the current ratio over the same period at 0.90.. In terms of profitability, the gross margin trailing 12 months is 83.30%. The trailing 12-month EBITDA margin is 46.70%. The firm’s gross profit as reported stood at $29.07 billion against revenue of $35.32 billion.
British American Tobacco p.l.c.’s cash and short-term investments amounted to $117.0 million against total debt of $44.88 billion. Net income grew 5.9% to $6.8 billion, while revenue of $0.0 was 100.0% off the previous quarter. BTI stock balance sheet for the recent quarter shows that total liabilities totaled 97.68 billion, with total debt at $44.88 billion.
Let’s look briefly at British American Tobacco p.l.c. (BTI) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 24 January was 36.20% to suggest the stock is trending Neutral, with historical volatility in this time period at 22.34%.
The stock’s 5-day moving average is $38.42, reflecting a -0.80% or -$0.31 change from its current price. BTI is currently trading -5.14% above its 20-day SMA, -4.83% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -0.75% and SMA200 by-11.65%.
Stochastic %K and %D was 24.10% and 22.79% and the average true range (ATR) pointed at 0.67. The RSI (14) points at 38.24%, while the 14-day stochastic is at 17.59% with the period’s ATR at 0.66. The stock’s 9-day MACD Oscillator is pointing at 0.06 and -0.49 on the 14-day charts.
In the most recent analyst report for British American Tobacco p.l.c. (NYSE: BTI), Goldman downgraded it to a Neutral rating. They previously had a Buy rating on the stock. Analysts offering their rating for BTI stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate BTI as a “sell,”, while 1 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 2 have offered a “buy” rating.
What is BTI’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $45.00 and a high of $57.34, with their median price target at $49.80. Looking at these predictions, the average price target given by analysts is for British American Tobacco p.l.c. (BTI) stock is $50.71.