Recently, Zacks.com users have been paying close attention to Bristol Myers (BMY). This makes it worthwhile to examine what the stock has in store.
Investors seeking relief from stock market volatility should take a closer look at Bristol Myers Squibb (BMY 1.77%). At the time of writing, shares of the healthcare giant have climbed 4% year to date -- a notable outlier amid the broader stock market sell-off, with the S&P 500 index currently down nearly 10% from its peak.
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Bristol Myers Squibb (BMY) closed the most recent trading day at $59.21, moving +0.03% from the previous trading session.
BMY has enjoyed robust capital appreciation over the past few months, significantly aided by the ongoing market rotation to value/ defensive stocks. This is significantly aided by the double beat FQ4'24 performance and the decent FY2025 guidance, as the management drives renewed growth through new portfolios and M&A activities. Despite the higher net debts on balance sheet, we believe that BMY's dividends remain safe as observed in the richer cash flows and recent payout raise.
Merck and Bristol-Myers Squibb occupy leading positions in the cancer therapy market. Each of them has advantages, as well as dark spots in the portfolio of medications relative to the comparator. In this article, dear Seeking Alpha readers, you will learn whether Merck or Bristol-Myers Squibb is a more promising stock in the long term.
Since 1926, dividends have contributed approximately 32% of the total return for the S&P 500, while capital appreciation has contributed 68%.
Bristol Myers Squibb (BMY) reachead $60.08 at the closing of the latest trading day, reflecting a +0.3% change compared to its last close.
I rank a selection of undervalued dividend growth stocks in Dividend Radar and present the ten top-ranked stocks for consideration. I use two valuation screens, one based on my fair value estimate, and another comparing each stock's forward dividend yield with its 5-year average dividend yield. To rank stocks, I do a quality assessment and sort candidates by quality scores, breaking ties with additional metrics.
I reiterate my "Buy" rating on Bristol-Myers Squibb due to its undervaluation, strong growth portfolio, and significant cost-saving initiatives. BMY's drug portfolio expansion and strategic productivity initiatives are expected to sustain high EBITDA margins and drive future top-line growth. Despite legacy drug challenges, BMY's growth portfolio shows robust revenue acceleration, with a projected fair value per share of $70.35, offering a 17.25% upside.
Bristol Myers Squibb (BMY) closed at $60.28 in the latest trading session, marking a +0.79% move from the prior day.
Bristol-Myers Squibb Company (NYSE:BMY ) Leerink Partners 2025 Global Healthcare Conference Call March 12, 2025 11:20 AM ET Company Participants Roland Chen - Head of Development for Immunology, Cardiology & Neuroscience Conference Call Participants David Risinger - Leerink Partners David Risinger Great. So, good morning everybody.