BT Group (BT) Hits New Lifetime High Today

Trade-Ideas LLC identified BT Group (BT) as a new lifetime high candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

BT Group

(

BT

) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified BT Group as such a stock due to the following factors:

  • BT has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $13.3 million.
  • BT has traded 79,042 shares today.
  • BT is trading at a new lifetime high.

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More details on BT:

BT Group plc provides communications services worldwide. The stock currently has a dividend yield of 2.6%. Currently there are 3 analysts that rate BT Group a buy, no analysts rate it a sell, and none rate it a hold.

The average volume for BT Group has been 120,200 shares per day over the past 30 days. BT Group has a market cap of $60.4 billion and is part of the technology sector and telecommunications industry. Shares are up 18.8% year-to-date as of the close of trading on Monday.

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TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates BT Group as a

buy

. The company's strengths can be seen in multiple areas, such as its notable return on equity, solid stock price performance, increase in net income and good cash flow from operations. We feel its strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

Highlights from the ratings report include:

  • Compared to other companies in the Diversified Telecommunication Services industry and the overall market, BT GROUP PLC's return on equity significantly exceeds that of both the industry average and the S&P 500.
  • Compared to its closing price of one year ago, BT's share price has jumped by 25.17%, exceeding the performance of the broader market during that same time frame. Turning to the future, naturally, any stock can fall in a major bear market. However, in almost any other environment, the stock should continue to move higher despite the fact that it has already enjoyed nice gains in the past year.
  • The company, on the basis of net income growth from the same quarter one year ago, has significantly outperformed against the S&P 500 and exceeded that of the Diversified Telecommunication Services industry average. The net income increased by 11.4% when compared to the same quarter one year prior, going from $684.38 million to $762.37 million.
  • BT GROUP PLC's earnings per share declined by 24.2% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, BT GROUP PLC increased its bottom line by earning $4.22 versus $4.09 in the prior year. This year, the market expects an improvement in earnings ($4.91 versus $4.22).
  • Net operating cash flow has increased to $1,863.18 million or 10.29% when compared to the same quarter last year. Despite an increase in cash flow, BT GROUP PLC's average is still marginally south of the industry average growth rate of 11.31%.

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