The price of Bread Financial Holdings Inc (NYSE: BFH) closed at $34.94 in the last session, down -1.24% from day before closing price of $35.38. In other words, the price has decreased by -$0.44 from its previous closing price. On the day, 599512 shares were traded. BFH stock price reached its highest trading level at $35.65 during the session, while it also had its lowest trading level at $34.40.
Ratios:
We take a closer look at BFH’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 1.86 whereas as Long-Term Debt/Eq ratio is at 1.77.
On January 10, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $33.
Evercore ISI Downgraded its In-line to Underperform on January 03, 2024, whereas the target price for the stock was revised from $29 to $33.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 2.44, and their Forward P/E ratio for the next fiscal year is 3.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.47. 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 0.59. 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 36.78, while the 200-Day Moving Average is calculated to be 34.00.
Shares Statistics:
According to the various share statistics, BFH traded on average about 797.09K shares per day over the past 3-months and 584.97k shares per day over the past 10 days. 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 101.76% stake in the company. Shares short for BFH as of Mar 28, 2024 were 3.55M with a Short Ratio of 4.46, compared to 4.19M on Feb 29, 2024. Therefore, it implies a Short% of Shares Outstanding of 7.17% and a Short% of Float of 8.13%.
Dividends & Splits
The forward annual dividend rate for BFH is 0.84, which was 0.84 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 2.37%, it implies a Forward Annual Dividend Yield of 2.40%. The stock’s 5-year Average Dividend Yield is 2.27.
Earnings Estimates
The company has 13 analysts who recommend its stock at the moment. On average, analysts expect EPS of $3.06 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 $1.83, with high estimates of $3.42 and low estimates of $0.93.
Analysts are recommending an EPS of between $8.25 and $2.96 for the fiscal current year, implying an average EPS of $6.76. EPS for the following year is $6.98, with 14 analysts recommending between $10.74 and -$1.38.
Revenue Estimates
According to 10 analysts, the current quarter’s revenue is expected to be $1B. 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 -22.40% from the year-ago figure. For the next quarter, 10 analysts are estimating revenue of $952.6M, an increase of 0.10% over than the figure of -$22.40% 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 12 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 $3.91B. In the same quarter a year ago, actual revenue was $4.29B, down -8.80% from the average estimate. Based on 12 analysts’ estimates, the company’s revenue will be $3.92B 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 up 0.10% from the average revenue estimate for this year.
