Bank of Montreal (USA) (BMO) Analysts See $1.60 EPS

November 21, 2017 - By Louis Casey

 Bank of Montreal (USA) (BMO) Analysts See $1.60 EPS

Wall Street await Bank of Montreal (USA) (NYSE:BMO) to release earnings on December, 5 before the open. Analysts forecast EPS of $1.60, exactly $0.00 or 0.00 % from 2014’s $1.6 EPS. The expected BMO’s profit could reach $1.04 billion giving the stock 12.11 P/E in the case that $1.60 earnings per share is reported. After posting $1.53 EPS for the previous quarter, Bank of Montreal (USA)’s analysts now forecast 4.58 % EPS growth. About 106,793 shares traded. Bank of Montreal (USA) (NYSE:BMO) has risen 10.44% since November 21, 2016 and is uptrending. It has underperformed by 6.26% the S&P500.

Bank of Montreal (USA) (NYSE:BMO) Ratings Coverage

Among 12 analysts covering Bank Of Montreal (NYSE:BMO), 3 have Buy rating, 0 Sell and 9 Hold. Therefore 25% are positive. Bank Of Montreal had 28 analyst reports since August 4, 2015 according to SRatingsIntel. On Tuesday, October 4 the stock rating was downgraded by Credit Suisse to “Underperform”. The rating was downgraded by Credit Suisse to “Neutral” on Tuesday, March 8. The stock of Bank of Montreal (USA) (NYSE:BMO) earned “Neutral” rating by Bank of America on Tuesday, November 1. Scotia Capital downgraded the stock to “Sector Perform” rating in Thursday, May 26 report. The company was maintained on Wednesday, August 24 by RBC Capital Markets. The stock of Bank of Montreal (USA) (NYSE:BMO) earned “Sector Perform” rating by National Bank Canada on Wednesday, August 26. The company was upgraded on Wednesday, December 2 by TD Securities. On Thursday, June 1 the stock rating was upgraded by TD Securities to “Buy”. As per Tuesday, May 23, the company rating was upgraded by Barclays Capital. TD Securities downgraded Bank of Montreal (USA) (NYSE:BMO) on Thursday, May 26 to “Hold” rating.

Bank of Montreal is a financial services provider. The company has market cap of $50.17 billion. The Bank provides a range of personal and commercial banking, wealth management and investment banking services and products. It has a 12.22 P/E ratio. The Bank conducts its business through three operating groups: Personal and Commercial Banking (P&C), Wealth Management and BMO Capital Markets.

More notable recent Bank of Montreal (USA) (NYSE:BMO) news were published by: Bloomberg.com which released: “Bank of Montreal Falls as Profit From US Unit Disappoints” on August 29, 2017, also Bloomberg.com with their article: “Bank of Montreal’s Next Chief Sees Right Conditions for US Push” published on April 07, 2017, Fool.ca published: “Bank of Montreal: Investors Should Own This Banking Stock” on November 09, 2017. More interesting news about Bank of Montreal (USA) (NYSE:BMO) were released by: Bloomberg.com and their article: “Bank of Montreal Braces for Loan Losses as US Growth Ebbs” published on May 24, 2017 as well as Fool.ca‘s news article titled: “Comparing Bank of Montreal and Bank of Nova Scotia” with publication date: September 30, 2017.

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