Trade-Ideas: Bank Of Montreal (BMO) Is Today's New Lifetime High Stock

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Bank of Montreal ( BMO) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Bank of Montreal as such a stock due to the following factors:

  • BMO has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $19.3 million.
  • BMO has traded 326,198 shares today.
  • BMO is trading at a new lifetime high.

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More details on BMO:

Bank of Montreal, together with its subsidiaries, provides various retail banking, wealth management, and investment banking products and services in North America and internationally. The stock currently has a dividend yield of 4.3%. BMO has a PE ratio of 11.0. Currently there is 1 analyst that rates Bank of Montreal a buy, 2 analysts rate it a sell, and 2 rate it a hold.

The average volume for Bank of Montreal has been 425,100 shares per day over the past 30 days. Bank of Montreal has a market cap of $42.7 billion and is part of the financial sector and banking industry. Shares are up 8.1% year to date as of the close of trading on Friday.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

TheStreetRatings.com Analysis:

TheStreet Quant Ratings rates Bank of Montreal as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that we feel that the company's cash flow from its operations has been weak overall.

Highlights from the ratings report include:
  • BMO's revenue growth has slightly outpaced the industry average of 3.8%. Since the same quarter one year prior, revenues slightly increased by 1.9%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • BANK OF MONTREAL has improved earnings per share by 18.3% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. During the past fiscal year, BANK OF MONTREAL increased its bottom line by earning $6.15 versus $5.25 in the prior year.
  • The stock price has risen over the past year, but, despite its earnings growth and some other positive factors, it has underperformed the S&P 500 so far. Despite the fact that it has already risen in the past year, there is currently no conclusive evidence that warrants the purchase or sale of this stock.
  • Net operating cash flow has decreased to $2,964.00 million or 17.43% when compared to the same quarter last year. In addition, when comparing the cash generation rate to the industry average, the firm's growth is significantly lower.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
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