Bombardier (TSE:BBD.A) Sets New 12-Month High – Still a Buy?

Bombardier Inc. (TSE:BBD.AGet Free Report)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as C$246.20 and last traded at C$245.78, with a volume of 4888 shares. The stock had previously closed at C$240.27.

Bombardier Stock Up 2.6%

The firm has a fifty day moving average price of C$219.34 and a two-hundred day moving average price of C$184.83. The stock has a market capitalization of C$24.44 billion, a P/E ratio of 66.78, a P/E/G ratio of 6.24 and a beta of 1.64.

Bombardier (TSE:BBD.AGet Free Report) last announced its quarterly earnings results on Thursday, November 6th. The company reported C$1.21 earnings per share (EPS) for the quarter. The firm had revenue of C$3.21 billion during the quarter. Sell-side analysts anticipate that Bombardier Inc. will post 8.9265677 earnings per share for the current fiscal year.

About Bombardier

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Bombardier is a global leader in aviation, focused on designing, manufacturing and servicing the world’s most exceptional business jets. Bombardier’s Challenger and Global aircraft families are renowned for their cutting-edge innovation, cabin design, performance and reliability. Bombardier has a worldwide fleet of approximately 5,000 aircraft in service with a wide variety of multinational corporations, charter and fractional ownership providers, governments and private individuals.

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