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Added to YB: 2024-02-26

Pitch date: 2024-02-25

BMY [bearish]

Bristol-Myers Squibb Company

-14.79%

current return

Author Info

No bio for this author

Company Info

Bristol-Myers Squibb Company discovers, develops, licenses, manufactures, markets, distributes, and sells biopharmaceutical products worldwide.

Market Cap

$106.7B

Pitch Price

$47.30

Price Target

N/A

Dividend

4.81%

EV/EBITDA

7.23

P/E

17.64

EV/Sales

2.93

Sector

Pharmaceuticals

Category

N/A

Show full summary:
Aristotle Capital Core Equity Sold Position - Bristol-Myers

BMY sold post Q3: New product portfolio miss & lower 2025 target. Heavy patent cliff exposure made new launches crucial, but some underperformed while others faced scale challenges. Lower margin guide for more R&D spend disappointing given cheap valuation, defensive posture wanted.

Read full article (1 min)