Are Smart Investors Making the Right Decision? British American Tobacco p.l.c. (BTI)

British American Tobacco p.l.c. (NYSE: BTI) stock fell -2.22% on Friday to $38.83 against a previous-day closing price of $39.71. With 2.8 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.49 million shares. During the session, the Tobacco company that operates in wider Consumer Defensive sector, reached to the highest price of $39.51 whereas the lowest price it dropped to was $38.83. The 52-week range on BTI shows that it touched its highest point at $47.24 and its lowest point at $33.62 during that stretch. It currently has a 1-year price target of $54.70. With its current market cap of 87.57 billion, BTI has annualized dividend of $2.81 while the current yield stands at 7.23%. Beta for the stock currently stands at 0.56.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BTI was down-trending over the past week, with a drop of -1.47%, but this was down by -5.80% over a month. Three-month performance dropped to -9.04% while six-month performance fell -8.44%. The stock gained 6.47% in the past year, while it has gained 3.80% so far this year. EPS is expected to grow by 11.00% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.00%.

Float and Shares Shorts:

At present, 2.26 billion BTI shares are outstanding with a float of 2.12 billion shares on hand for trading. On Jul 14, 2022, short shares totaled 2.9 million, which was 0.13% higher than short shares on Jun 14, 2022. In addition to Mr. Jack Marie Henry David Bowles as the firm’s CEO, Member of Management Board & Director, Mr. Tadeu Luiz Marroco serves as its Fin. & Transformation Director, Member of Management Board and Exec. Director.

Institutional Ownership:

Through their ownership of 6.83% of BTI’s outstanding shares, institutional investors have minority control over the company. Other institutions hold 4.40% of BTI, in contrast to 2.37% held by mutual funds. Shares owned by individuals account for –. As the largest shareholder in BTI with 1.52% of the stake, GQG Partners LLC holds 34,129,191 shares worth 34,129,191. A second-largest stockholder of BTI, Orbis Investment Management Ltd., holds 13,675,013 shares, controlling over 0.61% of the firm’s shares. Capital Research & Management Co is the third largest shareholder in BTI, holding 9,559,477 shares or 0.43% stake. With a 0.62% stake in BTI, the Goldman Sachs GQG Partners Intern is the largest stakeholder. A total of 14,036,387 shares are owned by the mutual fund manager. The Orbis Global Equity Fund, which owns about 0.32% of BTI stock, is the second-largest Mutual Fund holder. It holds 7,084,262 shares valued at 283.72 million. Capital Income Builder holds 0.24% of the stake in BTI, owning 5,339,964 shares worth 213.87 million.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BTI since 2 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BTI analysts setting a high price target of $54.40 and a low target of $54.40, the average target price over the next 12 months is $54.40. Based on these targets, BTI could surge 40.1% to reach the target high and rise by 40.1% to reach the target low. Reaching the average price target will result in a growth of 40.1% from current levels.

EPS: Estimates vs Actual

It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. BTI will report FY 2022 earnings on 02/23/2023. Analysts have provided yearly estimates in a range of $4.62 being high and $4.12 being low. For BTI, this leads to a yearly average estimate of $4.38. Based on analyst estimates, the high estimate for the next quarter is $0.46 and the low estimate is $0.46. The average estimate for the next quarter is thus $0.46.

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