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Believe SA (FR:BLV)
PARIS:BLV
Believe SA (BLV) Stock Price & Analysis
5 Followers
BLV Stock Chart & Stats
Day’s Range€0 - €0
52-Week Range€7.70 - €16.92
Previous Close€15
Volume7.36K
Average Volume (3M)139.93K
Market Cap
€1.46B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)-265.0
Beta1.13
Next Earnings
Aug 01, 2024EPS Estimate
€0.01Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-0.06
Shares Outstanding97,130,350
10 Day Avg. Volume103,165
30 Day Avg. Volume139,932
Standard Deviation0.13
R-Squared0.38
Alpha-0.00334
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€16.53Price Target Upside10.05% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering5
Believe SA News
Bulls Say, Bears Say
Bulls Say
Acquisition PotentialWarner Music indicated that it plans to bid at least €17 per share to acquire Believe, suggesting a potential undervaluation at the current offer from the consortium.
Financial OutlookAnalyst expects Warner Music to make an initial offer of €20 per share after due diligence, above the current consortium offer, signaling a positive outlook for the stock.
Market Share GrowthBelieve is growing faster than its competitors, with a CAGR of over 20% compared with Spotify 17%, Warner 9% and Universal 11%.
Bears Say
Acquisition ConcernsThe independent expertise highlighted a 'discount of 12.8% to the central value', suggesting the board's favorable opinion to the buyout offer may not adequately protect minority shareholders' interests.
Governance And RiskThe risk premium on the company was revised upwards and the target price lowered by 10% due to concerns over the new shareholder structure and negative views on the Group's governance.
Market SentimentDowngrading to Market-Perform due to no battle for control of the company after Warner Music Group's (WMG's) decision.
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Options Prices
Currently, No data available
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Ownership Overview
35.68% Insiders
0.39% Mutual Funds
0.78% Other Institutional Investors
63.15% Public Companies and
Individual Investors
BLV FAQ
What was Believe SA’s price range in the past 12 months?
Believe SA lowest stock price was €7.70 and its highest was €16.92 in the past 12 months.
What is Believe SA’s market cap?
Currently, no data Available
When is Believe SA’s upcoming earnings report date?
Believe SA’s upcoming earnings report date is Aug 01, 2024 which is in 78 days.
How were Believe SA’s earnings last quarter?
Believe SA released its earnings results on Mar 13, 2024. The company reported -€0.017 earnings per share for the quarter, beating the consensus estimate of -€0.046 by €0.029.
Is Believe SA overvalued?
According to Wall Street analysts Believe SA’s price is currently Undervalued.
Does Believe SA pay dividends?
Believe SA does not currently pay dividends.
What is Believe SA’s EPS estimate?
Believe SA’s EPS estimate is €0.01.
How many shares outstanding does Believe SA have?
Believe SA has 97,161,354 shares outstanding.
What happened to Believe SA’s price movement after its last earnings report?
Believe SA reported an EPS of -€0.017 in its last earnings report, beating expectations of -€0.046. Following the earnings report the stock price went down -0.249%.
Which hedge fund is a major shareholder of Believe SA?
Currently, no hedge funds are holding shares in FR:BLV
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Believe SA Stock Smart Score
Company Description
Believe SA
Believe SA specializes in the sale and promotion of audio and video content from artists and independent labels.
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BLV Stock 12 Month Forecast
Average Price Target
€16.53
▲(10.05% Upside)
Technical Analysis
Best Analysts Covering BLV
1 Year
1 Year Success Rate
2/4 ratings generated profit
1 Year Average Return
+14.55%
reiterated a buy rating 24 days ago
Copying Julien Onillon's trades and holding each position for 1 Year would result in 50.00% of your transactions generating a profit, with an average return of +14.55% per trade.
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