Bombardier Class B (BBD.B: CAD79.09) hits year-high 8th time in one month; +85c [1.1%] Vol Index 2.3 [1 is avg] 17 May 2024

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Bombardier Inc.'s (TSX: BBD.B CAD79.09) stock price hit a 52-week high of CAD79.50 during the day. In the past month the stock has hit a new 52-week high eight times, pointing to a significant uptrend.

Bombardier Class B's stock price lifted 85.0c (1.1%) from its previous trading session to close at CAD79.09.

Compared with the S&P/TSX 60 Index which rose 9.3 points (0.7%) in the day, the relative price increase was 0.4%.

Bombardier Inc. is Canada's 3rd largest Aerospace & defense company by market cap.

There were 593,460 shares worth CAD46.9 million ($34.5 million) traded today. Friday's price rise was propped up by high volume of 2.3 times the average daily volume of 261,313 shares.

BOMBARDIER CLASS B (BBD.B) Stock Dashboard [traded in Canadian Dollars, CAD] End-of-Day Fri, May 17

http://www.bombardier.com

LastCAD79.09Market CapCAD8 billion [US$6 billion]
EPS (FY2022)(CAD1.88)ExchangeCANADIAN [Toronto]
Shares Outstanding99,500,000SectorAerospace & Defense [of 11 stocks]
BBD.B in IndicesS&P/TSX 60 [of 54 stocks]Today's VI*2.3
Today's Volume593,460Currency1.000 CAD = 0.735 USD
Ave Daily Volume261,313 sharesPV$1000 (1 yr)CAD1,366
US$1,351
52-Week Price Range39.87 - 79.50

A year ago the exchange rate was USD 1 = 1.35 CAD. USD1000 would have bought CAD1,346. A year ago the Bombardier Class B share price was CAD57.91. CAD1,346 would have bought 23.2 Bombardier Class B shares on that day. Those 23.2 shares would be worth CAD1,838 at today's share price of CAD79.09. At today's exchange rate of USD1=1.36 CAD this is equivalent to USD1,351. PV$1000= $1,351.

Primary Exchange and Other Listings: Trading Currency and Volume

ExchangeTickerCurrencyLastADVTVol % of TotalToday's VI
TorontoBBD.BCAD79.09490,29199.91.2
FrankfurtBBDCEUR52.21,4540.10.5
Total100.00

1 CAD [Canadian Dollar]= 0.6757 EUR

ADVT= Avg. Daily Volume of Trading; VI= Volume Index (1 is avg)

INDEX

SECTION 1 RECENT NEWS AND RESEARCH

SECTION 2 THE PAST QUARTER: PRESS RELEASES

SECTION 3 TODAY'S BULLISH SIGNALS

SECTION 4 ONGOING BULLISH PARAMETERS

SECTION 5 TODAY'S BEARISH SIGNALS

SECTION 6 ONGOING BEARISH PARAMETERS

SECTION 7 CORPORATE PROFILE

SECTION 8 FINANCIALS FY 2022

SECTION 9 TOP MANAGEMENT AND BOARD OF DIRECTORS

Read more...

ANNEXURE

APPENDIX I DATA & ARCHIVE DOWNLOAD CENTER

APPENDIX II STOCK IDENTIFIERS

GLOSSARY

SECTION 1 RECENT NEWS AND RESEARCH

VI* Volume Index = Number of shares traded today/Average number of shares traded per day.

Past quarter momentum up: Bombardier Class B soars 49% on robust volume 1.8 times average.

Average monthly volumes have risen in the past quarter and have been consistently above 1.2.

In the past month average volumes were 2.3 times average. They have stayed at that level consistently in the past quarter.

Past month to HighLowVWAPVolume Index *
17 May 202479.5054.0468.392.3
17 Apr 202461.5554.6558.371.5
15 Mar 202455.6346.7551.261.6

[*Volume Index of 2.3 means volume for the month was 2.3 times its 12-month average]

[VWAP is defined as the Volume Weighted Average Price; High Low prices and VWAP are shown in Canadian Dollar]

SECTION 2 THE PAST QUARTER: PRESS RELEASES

2.1 Bombardier Class B issued 7 new patents in the past quarter

Bombardier Class B (BBD.B) has been issued 7 new patents by the USPTO & EPO.

This corresponds to an average of 2 patents a month, down 33.3% from an average of 3 patents per month in 2023.

To view details, click on link shown in the APPENDIX I DATA & ARCHIVE DOWNLOAD CENTER.

SECTION 3 TODAY'S BULLISH SIGNALS

3.1 PAST WEEK: STRONG MOMENTUM UP

BBD.B climbs 10.5% on high volume 2.3 times average. Compared with the S&P/TSX 60 Index which rose 6.2 points (or 0.5%) in the week, the relative price increase was 10.1%.

Week 20 of 2024: Up 10.5%; Bombardier Class B (BBD.B) outperformed the S&P/TSX 60 Index in 5 out of 5 days. The price ranged between a high of CAD79.09 on Friday May 17 and a low of CAD71.94 on Monday May 13.

MayBombardier Class BClose [CAD]Change %Comment
Fri 17Hits year-high 8th time in one month79.091.1VI*=2.3
Thu 16Hits year-high 7th time in one month78.242.6VI*=3.3; RPC=2.6%
Wed 15In top 1% performers of S&P/TSX 60 Index76.285.3Top Rise; VI*=3.9; RPC=5.2%
Tue 14In 3rd consecutive rise72.460.7Price rise on beating relative strength
Mon 13In 2nd consecutive rise71.940.5VI*=1.7

* RPC - Relative Price Change is % price change of stock less % change of the S&P/TSX 60 Index.

[Volume Index (VI); 1 is average]

3.2 Rank in the top 23% by Price Performance in the Canadian market

DescriptionValueRank
Price/MAP501.28In Top 6%
1-month Price Change %38.9In Top 7%
1-week Price Change %10.5In Top 17%
Rel Strength 6 mo82In Top 19%
PV1000 [1 yr] $1,351In Top 23%

3.3 Uptrend

Beta > 1 combined with price rise. The Beta of the stock is 1.6.

Price/Moving Average Price of 1.49 and positive MACD:

- The Price/MAP 200 for Bombardier Class B is 1.49. Being higher than 1 is a bullish indicator. It is higher than the Price/MAP 200 for the S&P/TSX 60 Index of 1.08, a second bullish indicator. The stock is trading above both its MAPs and the 50-day MAP of CAD61.83 is higher than the 200-day MAP of CAD53.24, a third bullish indicator. The 200-day MAP has increased to CAD53.24, a fourth bullish indicator.

- The Moving Average Convergence Divergence (MACD) indicator of 12-day Exponential Moving Average (EMA) of 72.96 minus the 26-day EMA of 68.2 is positive, suggesting a bullish signal. Both the 12-day EMA as well as the 26-day EMA are rising, another bullish signal.

- The price to 50-day EMAP ratio is 1.2, a bullish indicator. The 50-day EMAP has increased to CAD63.50. An increase is another bullish indicator.

Past Month:

- Rises to Falls: In the past month the number of rises outnumbered falls 15:7 or 2.1:1.

Past Quarter:

- The shares had their best quarter in five quarters since the quarter ended February 17, 2023.

In the last three months the stock has hit a new 52-week high eight times, pointing to a significant uptrend. The Best 3 weeks in the past quarter

The past month witnessed the best 3 weeks in the past quarter. In the past quarter the week beginning Monday April 22 saw the highest weekly rise of 11.8% for a relative price increase of 11.1%. The rise was propped up by volume of 2.8 times average.

Mon-FriChange %S&P/TSX 60 Index Change %Vol Ind [1 is avg]
Apr 22-2611.80.62.8
Apr 29-May 0311.602.6
May 13-1710.50.52.3

Rising Relative Strength:

- The stock has a 6-month relative strength of 82 in the Canadian market of 1,042 stocks and 24 ADRs which means it is beating 82% of the market.

- A price rise combined with a high relative strength is a bullish signal.

- Also, the relative strength percentile is rising at 82 for 6 months, 84 for 3 months and 95 for 1 month.

3.4 Other Bullish Signals

MCap/Total Assets:

- Tobin's Q Ratio, defined as MCap divided by Total Assets, is 0.5. Compared with the rest of the market the stock is undervalued.

SECTION 4 ONGOING BULLISH PARAMETERS

4.1 Past four-years

- Bombardier Class B rose for a fourth consecutive year. In the past four years it has risen CAD68.84 (671.6%).

4.2 Rank in the top 95% by Liquidity in the Canadian market

DescriptionValueRank
Ave daily turnoverCAD25 million ($18 million)In top 95%

4.3 Rank in the top 21% by Size in the Canadian market

DescriptionValueRank
Ave daily TurnoverCAD46.9 million ($34.5 million)In Top 4%
MCap$6 billionIn Top 9%
Annual Revenue$6.9 billionIn Top 21%

4.4 Present Value of CAD1000 Invested in the Past [3 Mo, 1 Yr, 3 Yrs]; The Best Periods with PVCAD1000 > 1,365

PVCAD1,0003 mo ago1 yr ago3 yrs ago
BBD.B.TSXCAD1,493CAD1,366CAD3,636
Aerospace & Defense sectorCAD1,173CAD1,094CAD1,916
S&P/TSX 60 IndexCAD1,056CAD1,098CAD1,151

4.5 The Best Periods [3 Mo, 1 Yr, 3 Yrs] with Price Change % > 36.5

3-Year price change of 263.6% for Bombardier Class B outperformed the change of 15.7% in the S&P/TSX 60 Index for a relative price change of 247.9%.

Price Change %QuarterYear3 Years
Bombardier Class B49.336.6263.6
Aerospace & Defense sector17.310.788.2
S&P/TSX 60 Index4.69.915.7

4.6 MCap: 4-Year Increase of CAD7 B [$5B] (803%)

In the past 4 years Market Capitalization has increased by CAD7 billion (803%) from CAD871.9 million to CAD7.9 billion. Based on a dynamic start date of 4 years ago, there has been no decline in MCap over the last 4 years.

PriceMCap (CAD M)MCap ($ M)
LastCAD79.097,869.55,783
1 Year agoCAD57.915,711.14,235.6
2 Years agoCAD29.02,466.81,910.9
3 Years agoCAD21.751,850.11,467.5
4 Years agoCAD10.25871.9621

4.7 Annualised Period-based Total Shareholder Returns [TSR %]: The Best Periods with TSR > 7.9%

TSR %1 yr3 yrs5 yrs
BBD.B.TSX36.653.18

4.8 Increased VWAP, up 73% in 5 years

In the past five years Volume Weighted Average Price (VWAP) has increased by 72.7% to CAD54.92. Based on a dynamic start date of five years ago, there have been declines in VWAP in 2 out of 5 years.

Past five years, 12 months ended May 17 (CAD)

YearHigh PriceVWAPLow Price
202479.554.9239.87
202374.4347.1318.3
202257.040.5722.0
202126.2513.996.5
202061.531.89.5

4.9 Increased share turnover, up 102% in 5 years

In the past five years, average daily share turnover has increased 102.1% to CAD25.3 million ($18.6 million). This suggests increased liquidity.

Past five years, 12 months ended May 17 (CAD million)

YearAverage Daily Turnover
202425.3
202323.6
202211.3
20214.7
202012.5

SECTION 5 TODAY'S BEARISH SIGNALS

5.1 Other Bearish Signals

- Total Liabilities/EBITDA of 181.8 is more than 5, this compares unfavourably with the Joseph Piotroski benchmark of 5.

5.2 Overbought/Bearish Signals:

- The Relative Strength Index (RSI) of 87.9 has penetrated the overbought line of 70, suggesting the price gain of 26.1% in the last 14 days is unusually high.

- The stock is overbought according to the Williams % R indicator of -2.4, suggesting the price is close to its 14-day high of CAD79.50.

- The Money Flow Index [MFI] is 80.4 suggesting an overbought 14-day trend, being above 80. The Money Ratio of 4.1 suggests positive money flow was 4.1 times negative money flow.

SECTION 6 ONGOING BEARISH PARAMETERS

6.1 Rank in the bottom 1% by Performance in the Canadian market

DescriptionValueRank
EBITDA Margin %1.2In Bottom 1%

6.2 Deteriorated EBIT Margins:

EBIT margin is negative and has deteriorated from 1.5% to -3.6% in the past year.

FYEBIT Margins (%)
2022-3.6
20171.5
2016-0.4
2015-26.6
2014-2.4

6.3 Declining Volume, down 97% in 5 years

In the past five years, Average Daily Volume of Trading (ADVT) has decreased 97.3% to 261,313 shares.

Avg. Daily Volume Traded 12 months ended May 17, thousand shares

YearADVT
2024261.3
2023739.9
20226915.2
20218369.7
20209839.5

6.4 Satisfies 2 out of 9 criteria of Joseph Piotroski [pass mark 5]:

- Positive operating cashflow.

- Good quality of earnings [operating cashflow exceeds net income].

But does not meet the following 7 criteria of Joseph Piotroski:

- Positive net income.

- Return on Assets improvement.

- Improvement in long-term debt to total assets.

- Improvement in current ratio.

- Total shares on issue unchanged (or reduction in total shares on issue).

- Improvement in gross margin.

- Improvement in asset turnover.

SECTION 7 CORPORATE PROFILE

7.1 Activities

Bombardier Inc is a manufacturer of transportation equipment, including business and commercial aircraft and rail transport equipment and systems. It operates in two segments aerospace segment and transportation segment. It is Canada's 3rd largest Aerospace & defense company by market capitalisation.

7.2 Contact Details

Websitehttp://www.bombardier.com
Physical Address800 boul Ren-Lvesque O, Montral, QC, CA, H3B 1Y8
Phone(514) 861-9481
Fax(514) 861-7769

7.3 Industry & Sector [of 226 stocks]

Classification LevelName of Sector
Business SectorIndustrial Goods
Industry GroupAerospace & Defense
IndustryAerospace & Defense
ActivityAerospace & Defense - NEC*
Economic SectorIndustrials

* NEC: Not elsewhere classified

7.4 North American Industry Classification System [NAICS]

Code: 336411

Industry Title: Aircraft Manufacturing

SECTION 8 FINANCIALS FY 2022

8.1 Financials, FY 2022 [year-ended 31 December 2022 ]

Bombardier Class B Gross Profit down 35%

Bombardier Class B (TSX:BBD.B) reported gross profit for the year-ended 31 December 2022 [FY2022] of $1.3b, down 35% from $1.9b in the previous year.

Highlights

Annual Report: FY2022

Company Name : Bombardier Inc. (BBD.B)
December 31FY2022
Description$ m
Sales Revenue6,913
EBITDA83
EBIT(246)
Pre-Tax Profit/(Loss)(246)
Profit/(Loss) after Tax(148)
Working Capital148
Current Assets5,585
Current Liabilities5,437
Shareholders' Funds(2,762)
Total Liabilities15,086
Total Assets12,324
Non-Current Debt5,980
Total Debt6,325
Operating Cash Flow1,072
Net Assets(2,762)
Net Tangible Assets(6,635)

Per Share figures

December 31FY2022
Description$
Sales73.1
EBIT(2.6)
EBITDA87.8c
Cash11.3
Working Capital156.5c
Shareholders' Funds(29.2)
Total Liabilities159.5
Total Assets130.3
Non-Current Debt63.2
Total Debt66.9
Net Tangible Assets(70.2)
EPS Final(188c)

Performance Ratios

December 31FY2022
Return on Assets (%)(1)
Common Size Ratios by Assets %
Long-term investments to Total Assets 7.3
Current Debtors to Total Assets 2.5

SECTION 9 TOP MANAGEMENT AND BOARD OF DIRECTORS

9.1 Top Management

Top Management [Nineteen top executives with tenure > 5 yrs]

NameDesignationSince Appointment
Pierre BeaudoinExecutive Chairman, Director20 Yrs, 4 Mos
J. R. Andre BombardierDirector, Vice Chairman49 Yrs, 5 Mos
Diane GiardDirector, Executive Vice President6 Yrs, 5 Mos
John Di BertExecutive Vice President, Senior Vice President8 Yrs, 9 Mos
Nico BuchholzSenior Vice President8 Yrs, 8 Mos
Steeve RobitailleSenior Vice President, Corporate Secretary, General Counsel5 Yrs
Eric MartelChief Executive Officer, President, Director-
Bart DemoskyChief Financial Officer, Executive Vice President-
Michel OuelletteExecutive Vice President-
Jean-Christophe GallagherExecutive Vice President-
Francois OuelletteSenior Vice President-
Peter LikoraySenior Vice President-
Annie Torkia LagaceSenior Vice President-
David MurraySenior Vice President-
Dan BrennanSenior Vice President-
Mike NadolskiVice President, Vice President Communications and Public Affairs, Vice President- Communications and Public Affair-
Sylvain LevesqueVice President-
Eve LaurierVice President-
Francois CazaChief Technology Officer-

9.2 Board Of Directors

Board Of Directors [Thirty-one directors with tenure > 8 yrs]

NameDesignationSince Appointment
Vikram PanditDirector10 Yrs, 4 Mos
Jean-Louis FontaineDirector49 Yrs, 5 Mos
August W. HenningsenDirector8 Yrs, 4 Mos
Patrick PichetteDirector11 Yrs, 4 Mos
Beatrice Weder di MauroDirector8 Yrs, 4 Mos
Carlos E. RepresasDirector20 Yrs, 4 Mos
Sheila FraserDirector12 Yrs, 4 Mos
Martha Finn BrooksDirector15 Yrs, 4 Mos
Daniel JohnsonDirector25 Yrs, 4 Mos
Laurent BeaudoinDirector20 Yrs, 5 Mos
Jean C. MontyDirector26 Yrs, 4 Mos
L. Denis DesautelsDirector-
Alain BellemareDirector-
Joanne BissonnetteDirector-
Peter CedervallDirector-
Michael FohrerDirector-
Douglas OberhelmanDirector-
Per AllmerDirector-
Laurent TrogerDirector-
David ColealDirector, President of Business Aircraft, President- Aviation-
Antony N. TylerDirector-
Fred CromerDirector, President of Commercial Aircraft-
Andre BerardDirector-
Benoit Cattin-MartelDirector-
Charles BombardierDirector-
Germar WackerDirector-
Pierre MarcouillerDirector-
Benoit BrossoitDirector-
Anthony R. GrahamDirector-
Diane FontaineDirector-
Heinrich WeissDirector-

APPENDIX I DATA & ARCHIVE DOWNLOAD CENTER

BBD.B: EXPORT DATA TO EXCEL:

+ PRICE VOLUME - 5-YEAR HISTORY

+ PEER COMPARISON

+ PATENTS - CATEGORISED LIST OF 5-YEAR HISTORY OF 51 :

BBD.B: OTHER INFORMATION:

+ PRICE VOLUME CHARTS

+ USD vs CAD EXCHANGE RATE CHARTS IN HTML

+ BOARD OF DIRECTORS

APPENDIX II STOCK IDENTIFIERS

ISIN: CA0977518616

PermID: 4295860745

CUSIP: 097751861

RIC: BBDb.TO

LEI: W7L3VLU8EHQY34Z36697

GLOSSARY

ADVT: Average Daily Volume of shares Traded

Annual Return: Dividends Paid In a 12-Month Period/Price at the Beginning of the Period + Capital Gain or Loss over 1 Year/Price 1 Year Ago (%)

Capital Gain/Loss from n Years Ago to n-1 Years Ago: Capital Gain or Loss over 1 Year/Price 1 Year Ago (%)

Current Ratio: Current Assets/Current Liabilities (times)

EBIT Margin : Earnings Before Interest and Tax/Revenue (%)

Moving Average Price (n periods): Sum of Prices for each Period/Number of Periods

PV1000: Present value of 1000 invested 1 year/'n' years ago

Price Close/Moving Avg Price: Latest Price/Moving Average Price

Price/Earnings: Share Price/Earnings Per Share (times)

Price/Sales: Share Price/Sales Per Share (times)

Relative Price Change [RPC]: Relative price change is price change of stock with respect to Benchmark Index

Relative Strength (6 Months): Price close today/Price close 6 months ago, then ranked by percentile within the entire market.

Return on Assets: Net Profit/Total Assets (%)

TSR: Total Shareholder Returns is expressed as an annualized rate of return for shareholders after allowing for capital appreciation and dividend

Volume Index (VI): Number of shares traded in the period/Average number of shares traded for the period

Volume Weighted Average Price (VWAP): The Volume Weighted Average Price (VWAP) is the summation of turnover divided by total volume in the same period.

Disclaimer: While this document is based on information sources which are considered reliable, it has been prepared without consideration of your specific investment objectives, financial situation or needs, so you should carry out your own analysis or seek professional investment advice before an investment decision is made. The document contains unbiased, independent equities data and analysis from Jupiter International (Australia) Pty Ltd trading as BuySellSignals (AFS Licence 222756), who provide round the clock analysis on every stock, every sector, every market, every day. BuySellSignals is not a broker, and does not have executing, corporate advisory or investment banking functions. Jupiter International (Australia) Pty Ltd, its directors, employees and contractors do not represent, warrant or guarantee, expressly or impliedly, that the information contained in this document is complete or accurate.

Data for the BuySellSignals algorithms is drawn from annual reports, company websites and similar sources of publicly available data. It should be used as a guide only.

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