Bullboard - Stock Discussion Forum Bombardier Inc. T.BBD.A

Alternate Symbol(s): BDRPF | T.BBD.PR.B | BDRXF | T.BBD.PR.C | T.BBD.PR.D | BOMBF | BDRAF | T.BBD.B | BDRBF

Bombardier Inc. is a Canada-based manufacturer of business aircraft with a global network of service centers. The Company is focused on designing, manufacturing and servicing business jets. The Company has a worldwide fleet of more than 5,000 aircraft in service with a variety of multinational corporations, charter and fractional ownership providers, governments and private individuals. It... see more

Add To Watchlist

TSX:BBD.A - Post Discussion

Bombardier Inc. > 3 Remarkably Cheap TSX Stocks to Buy Right Now

View:

Post by Shamhorish on Jul 25, 2024 5:03am

3 Remarkably Cheap TSX Stocks to Buy Right Now

3 Remarkably Cheap TSX Stocks to Buy Right Now

Aditya Raghunath

Wed, July 24, 2024 at 4:30 p.m. EDT

Bombardier stock

Valued at $9.6 billion by market cap, Bombardier (TSX:BBD.B) has returned close to 800% in the last four years. The airline manufacturer reported revenue of $1.3 billion in Q1 of 2024. It delivered 20 aircraft in Q1 and expects to deliver between 150 and 155 aircraft this year.

Bombardier’s adjusted EBITDA (earnings between interest, tax, depreciation, and amortization) of $205 million indicates a margin of 16%, an increase of 140 basis points year over year. The company ended Q1 with a backlog of $14.9 billion, as order intake was 60% higher than the year-ago period.

Analysts tracking the TSX stock expect adjusted earnings to expand from $5.39 per share in 2023 to $9 per share in 2025. Priced at 11 times forward earnings, Bombardier stock remains a top investment choice in 2024.

358