British American Tobacco p.l.c. (NYSE: BTI) stock has achieved $33.63 in the past week

British American Tobacco p.l.c. (NYSE:BTI) saw an upside of 0.49% to close Monday at $32.74 after adding $0.16 on the day. The 5-day average trading volume is 2,896,760 shares of the company’s common stock. It has gained $33.63 in the past week and touched a new high 1 time within the past 5 days. An average of 3,516,145 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 3,944,864.

BTI’s 1-month performance is -0.94% or -$0.31 on its low of $32.43 reached on 08/03/23. The company’s shares have touched a 52-week low of $31.64 and high of $42.36, with the stock’s rally to the 52-week high happening on 01/06/23. YTD, BTI has lost -18.11% or -$7.24 and has reached a new high 3 times. However, the current price is down -22.71% from the 52-week high price.

Valuation Metrics

BTI stock has a beta of 0.59. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.05 while the price-to-book (PB) in the most recent quarter is 0.79, with the price to cash flow ratio at 11.57.

British American Tobacco p.l.c.’s quick ratio for the recent period was 0.60, with the current ratio over the same period at 0.90. In terms of profitability, the gross margin trailing 12 months is 83.50%. The trailing 12-month EBITDA margin is 46.86%. The firm’s gross profit as reported stood at $28.29 billion against revenue of $34.21 billion.

Earnings Surprise

British American Tobacco p.l.c.’s cash and short-term investments amounted to $149.0 million against total debt of $42.17 billion. Net income shrunk -2.03% to $6.67 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 96.28 billion, with total debt at $42.17 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 07 August was 34.87% to suggest the stock is trending Neutral, with historical volatility in this time period at 7.74%.

The stock’s 5-day moving average is $32.89, reflecting a -2.79% or -$0.94 change from its current price. BTI is currently trading -0.27% above its 20-day SMA, -11.01% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -3.05% and SMA200 by-12.04%.

Stochastic %K and %D was 15.32% and 17.79% and the average true range (ATR) pointed at 0.41. The RSI (14) points at 40.72%, while the 14-day stochastic is at 16.76% with the period’s ATR at 0.42. The stock’s 9-day MACD Oscillator is pointing at -0.61 and -0.85 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for British American Tobacco p.l.c. (NYSE: BTI), JP Morgan downgraded it to a Neutral rating. They previously had an Overweight rating on the stock. Analysts offering their rating for BTI stock have a consensus rating for the stock as Buy. Currently, 0 brokerage advisors rate BTI as a “sell,”, while 0 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 3 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 $42.40 and a high of $57.34, with their median price target at $49.87. Looking at these predictions, the average price target given by analysts is for British American Tobacco p.l.c. (BTI) stock is $49.87.

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