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.
In the latest session, Brookfield Asset Management Ltd (NYSE: BAM) closed at $50.30 down -6.80% from its previous closing price of $53.97. In other words, the price has decreased by -$6.80 from its previous closing price. On the day, 3.9 million shares were traded.
Ratios:
For a deeper understanding of Brookfield Asset Management Ltd’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 5147.01 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 129.86. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.00.
On August 02, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $43.Jefferies initiated its Hold rating on August 02, 2024, with a $43 target price.
Valuation Measures:
As of this moment, Brookfield’s Price-to-Earnings (P/E) ratio for their current fiscal year is 45.74, and their Forward P/E ratio for the next fiscal year is 25.50. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 157.76 while its Price-to-Book (P/B) ratio in mrq is 6.56.
Stock Price History:
Over the past 52 weeks, BAM has reached a high of $62.61, while it has fallen to a 52-week low of $37.29. The 50-Day Moving Average of the stock is -11.00%, while the 200-Day Moving Average is calculated to be 3.66%.
Shares Statistics:
A total of 1.64B shares are outstanding, with a floating share count of 501.68M. Insiders hold about 69.36% of the company’s shares, while institutions hold 17.50% stake in the company.
