(BBD-A) Bombardier - Ratings and Ratios

Bombardier Inc. is a global leader in the aerospace industry, designing, manufacturing, and selling business aircraft and aircraft structural components. The companys diversified portfolio includes a range of services such as parts, service centers, smart services, training, and technical publications, catering to a broad customer base comprising multinational corporations, charter and fractional ownership providers, governments, and private individuals. With a rich history dating back to 1902, Bombardier is headquartered in Dorval, Canada, and has established itself as a prominent player in the industry.

From a market perspective, Bombardiers common stock (BBD-A) is listed in Canada and falls under the Aerospace & Defense sub-industry as per GICS classification. The companys business model and global presence position it for potential growth, driven by increasing demand for business aircraft and related services.

Analyzing the stocks recent performance, it is evident that the price has been trending upwards, with the last price recorded at $99.61. The stock is currently trading above its 20-day SMA ($92.03), 50-day SMA ($87.26), and 200-day SMA ($92.39), indicating a strong bullish sentiment. The Average True Range (ATR) stands at 2.84, representing a 2.85% daily price movement, suggesting moderate volatility.

From a fundamental standpoint, Bombardiers market capitalization is approximately $9786.76M CAD, with a P/E ratio of 26.42 and a forward P/E of 12.36. The companys return on equity (RoE) stands at -15.06, indicating a challenging period for the company in terms of profitability. However, the forward P/E suggests that the market expects a significant improvement in earnings in the future.

Forecasting the stocks future performance, we can expect a potential continuation of the bullish trend, driven by the companys strong brand presence and the growing demand for business aircraft. Using the technical data, a breakout above the 52-week high of $111.36 could signal further upside potential. Conversely, a decline below the 52-week low of $75.57 could indicate a significant correction. Considering the fundamental data, an improvement in RoE and a reduction in the P/E ratio could lead to a re-rating of the stock. Therefore, a potential price target for BBD-A could be in the range of $120-$130, representing a 20-30% upside from current levels, contingent on the companys ability to improve its profitability and deliver on its growth prospects.