Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
After finishing at $9.54 in the prior trading day, Brookline Bancorp, Inc. (NASDAQ: BRKL) closed at $8.42, down -11.74%. In other words, the price has decreased by -$11.74 from its previous closing price. On the day, 0.96 million shares were traded. BRKL stock price reached its highest trading level at $9.04 during the session, while it also had its lowest trading level at $8.075.
Ratios:
Our goal is to gain a better understanding of BRKL by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.17 whereas as Long-Term Debt/Eq ratio is at 1.17.
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 this company, Hovde Group on September 20, 2023, initiated with a Outperform rating and assigned the stock a target price of $10.75.
On September 12, 2023, Seaport Research Partners started tracking the stock assigning a Buy rating and target price of $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 12 ’24 when Cosman James M sold 16,000 shares for $9.66 per share. The transaction valued at 154,560 led to the insider holds 69,873 shares of the business.
Cosman James M sold 16,000 shares of BRKL for $160,000 on Mar 08 ’24. The Chief Operations Officer now owns 69,873 shares after completing the transaction at $10.00 per share. On Nov 07 ’23, another insider, HACKETT JOHN A, who serves as the Director of the company, sold 3,500 shares for $9.13 each. As a result, the insider received 31,955 and left with 37,998 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, BRKL now has a Market Capitalization of 754816768 and an Enterprise Value of 1849029760. As of this moment, Brookline’s Price-to-Earnings (P/E) ratio for their current fiscal year is 9.17, and their Forward P/E ratio for the next fiscal year is 7.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.53. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.20 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at 5.431.
Stock Price History:
Over the past 52 weeks, BRKL has reached a high of $11.52, while it has fallen to a 52-week low of $7.00. The 50-Day Moving Average of the stock is -12.05%, while the 200-Day Moving Average is calculated to be -13.53%.
Shares Statistics:
The stock has traded on average 450.07K shares per day over the past 3-months and 392210 shares per day over the last 10 days, according to various share statistics. A total of 89.64M shares are outstanding, with a floating share count of 86.25M. Insiders hold about 2.97% of the company’s shares, while institutions hold 79.17% stake in the company. Shares short for BRKL as of 1713139200 were 1409069 with a Short Ratio of 3.13, compared to 1710460800 on 1289909. Therefore, it implies a Short% of Shares Outstanding of 1409069 and a Short% of Float of 2.1999999999999997.
Dividends & Splits
In the trailing 12 months, BRKL’s forward annual dividend rate was 0.54, compared to 0.54 this year. Against a Trailing Annual Dividend Yield of 0.056603774The stock’s 5-year Average Dividend Yield is 3.96.
