After finishing at $34.99 in the prior trading day, Bread Financial Holdings Inc (NYSE: BFH) closed at $35.39, up 1.14%. In other words, the price has increased by $+0.40 from its previous closing price. On the day, 527454 shares were traded. BFH stock price reached its highest trading level at $35.96 during the session, while it also had its lowest trading level at $34.84.
Ratios:
Our goal is to gain a better understanding of BFH by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 1.86 whereas as Long-Term Debt/Eq ratio is at 1.77.
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, BMO Capital Markets on January 10, 2024, initiated with a Market Perform rating and assigned the stock a target price of $33.
On January 03, 2024, Evercore ISI Downgraded its rating to Underperform which previously was In-line and also upped its target price recommendation from $29 to $33.
JP Morgan Downgraded its Overweight to Neutral on December 18, 2023, whereas the target price for the stock was revised from $42 to $36.
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 Jan 29 ’24 when Turtle Creek Asset Management sold 45,000 shares for $35.67 per share. The transaction valued at 1,605,247 led to the insider holds 293,092 shares of the business.
Turtle Creek Asset Management sold 30,000 shares of BFH for $1,065,834 on Jan 26 ’24. The 10% Owner now owns 295,787 shares after completing the transaction at $35.53 per share. On Jan 25 ’24, another insider, Turtle Creek Asset Management , who serves as the 10% Owner of the company, sold 30,000 shares for $32.23 each. As a result, the insider received 966,977 and left with 297,583 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, BFH now has a Market Capitalization of 1.73B. As of this moment, Bread’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.47, and their Forward P/E ratio for the next fiscal year is 3.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.35 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 1.65 whereas that against EBITDA is 6.08.
Stock Price History:
Over the past 52 weeks, BFH has reached a high of $41.89, while it has fallen to a 52-week low of $23.19. The 50-Day Moving Average of the stock is 36.55, while the 200-Day Moving Average is calculated to be 33.82.
Shares Statistics:
The stock has traded on average 807.58K shares per day over the past 3-months and 752.95k shares per day over the last 10 days, according to various share statistics. A total of 49.30M shares are outstanding, with a floating share count of 48.28M. Insiders hold about 2.32% of the company’s shares, while institutions hold 101.72% stake in the company. Shares short for BFH as of Mar 15, 2024 were 3.65M with a Short Ratio of 4.52, compared to 4.35M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.39% and a Short% of Float of 8.40%.
Dividends & Splits
In the trailing 12 months, BFH’s forward annual dividend rate was 0.84, compared to 0.84 this year. Against a Trailing Annual Dividend Yield of 2.40%, it implies a Forward Annual Dividend Yield of 2.40%. The stock’s 5-year Average Dividend Yield is 2.27.
Earnings Estimates
Its stock is currently analyzed by 13 different market analysts. On average, analysts expect EPS of $3.12 for the current quarter, with a high estimate of $4.94 and a low estimate of $1.83, while EPS last year was $9.08. The consensus estimate for the next quarter is $1.75, with high estimates of $3.42 and low estimates of $0.44.
Analysts are recommending an EPS of between $8.3 and $2.96 for the fiscal current year, implying an average EPS of $7.08. EPS for the following year is $7.79, with 14 analysts recommending between $10.74 and -$1.38.
Revenue Estimates
11 analysts predict $1.01B in revenue for the current quarter. It ranges from a high estimate of $1.05B to a low estimate of $956M. As of the current estimate, Bread Financial Holdings Inc’s year-ago sales were $1.29B, an estimated decrease of -21.90% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $952.84M, an increase of 0.10% over than the figure of -$21.90% in the same quarter last year. There is a high estimate of $981.2M for the next quarter, whereas the lowest estimate is $901M.
A total of 13 analysts have provided revenue estimates for BFH’s current fiscal year. The highest revenue estimate was $4.21B, while the lowest revenue estimate was $3.58B, resulting in an average revenue estimate of $3.93B. In the same quarter a year ago, actual revenue was $4.29B, down -8.40% from the average estimate. Based on 13 analysts’ estimates, the company’s revenue will be $3.86B in the next fiscal year. The high estimate is $4.29B and the low estimate is $2.95B. The average revenue growth estimate for next year is down -1.60% from the average revenue estimate for this year.
