Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Berkshire Hills Bancorp Inc (NYSE: BHLB) closed at $23.89 up 0.17% from its previous closing price of $23.85. In other words, the price has increased by $0.17 from its previous closing price. On the day, 0.86 million shares were traded. BHLB stock price reached its highest trading level at $24.07 during the session, while it also had its lowest trading level at $23.75.
Ratios:
For a deeper understanding of Berkshire Hills Bancorp Inc’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.28.
On July 22, 2024, Janney Downgraded its rating to Neutral which previously was Buy but kept the price unchanged to $28.
Hovde Group reiterated its Outperform rating for the stock on July 19, 2024, while the target price for the stock was revised from $28 to $31.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 11 ’25 when Tulchiner Ellen sold 1,052 shares for $29.97 per share. The transaction valued at 31,529 led to the insider holds 0 shares of the business.
Tulchiner Ellen bought 1,052 shares of BHLB for $31,400 on Feb 11 ’25.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BHLB now has a Market Capitalization of 1106393600 and an Enterprise Value of 998995520. As of this moment, Berkshire’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.70, and their Forward P/E ratio for the next fiscal year is 7.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.59 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 2.316.
Stock Price History:
The Beta on a monthly basis for BHLB is 0.62, which has changed by 0.11896956 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, BHLB has reached a high of $32.36, while it has fallen to a 52-week low of $21.15. The 50-Day Moving Average of the stock is -3.98%, while the 200-Day Moving Average is calculated to be -12.34%.
Shares Statistics:
For the past three months, BHLB has traded an average of 513.72K shares per day and 447040 over the past ten days. A total of 46.38M shares are outstanding, with a floating share count of 45.70M. Insiders hold about 1.33% of the company’s shares, while institutions hold 93.66% stake in the company. Shares short for BHLB as of 1748563200 were 3677133 with a Short Ratio of 7.16, compared to 1745971200 on 3681786. Therefore, it implies a Short% of Shares Outstanding of 3677133 and a Short% of Float of 10.65.
Dividends & Splits
According to the company, the forward annual dividend rate for BHLB is 0.90, from 0.72 in the trailing year. Against a Trailing Annual Dividend Yield of 0.03018868The stock’s 5-year Average Dividend Yield is 3.07.
