Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Brighthouse Financial Inc’s stock clocked out at $61.26, down -1.19% from its previous closing price of $62.00. In other words, the price has decreased by -$1.19 from its previous closing price. On the day, 1.14 million shares were traded. BHF stock price reached its highest trading level at $62.95 during the session, while it also had its lowest trading level at $61.03.
Ratios:
To gain a deeper understanding of BHF’s stock, we examine its different ratios. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.57.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Barclays on January 29, 2025, Upgraded its rating to Overweight and sets its target price to $85 from $52 previously.
On September 05, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $48.
Wells Fargo Downgraded its Equal Weight to Underweight on August 12, 2024, whereas the target price for the stock was revised from $51 to $40.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 03 ’24 when Lambert Myles sold 8,400 shares for $51.70 per share. The transaction valued at 434,307 led to the insider holds 33,407 shares of the business.
Rosenthal John sold 10,000 shares of BHF for $523,100 on Dec 03 ’24. The EVP & Chief Investment Officer now owns 76,262 shares after completing the transaction at $52.31 per share. On Dec 02 ’24, another insider, Huss Vonda, who serves as the EVP & Chief HR Officer of the company, sold 3,000 shares for $52.21 each. As a result, the insider received 156,630 and left with 16,848 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BHF now has a Market Capitalization of 3636044288 and an Enterprise Value of 4807963648. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.74 while its Price-to-Book (P/B) ratio in mrq is 0.66. Its current Enterprise Value per Revenue stands at 0.989.
Stock Price History:
The Beta on a monthly basis for BHF is 1.11, which has changed by 0.21259534 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, BHF has reached a high of $64.00, while it has fallen to a 52-week low of $40.00. The 50-Day Moving Average of the stock is 22.01%, while the 200-Day Moving Average is calculated to be 30.71%.
Shares Statistics:
It appears that BHF traded 429.40K shares on average per day over the past three months and 785040 shares per day over the past ten days. A total of 59.84M shares are outstanding, with a floating share count of 58.77M. Insiders hold about 0.98% of the company’s shares, while institutions hold 80.96% stake in the company. Shares short for BHF as of 1736899200 were 1404655 with a Short Ratio of 3.27, compared to 1734048000 on 1398814. Therefore, it implies a Short% of Shares Outstanding of 1404655 and a Short% of Float of 3.8.
