Closing Figures: Bread Financial Holdings Inc (BFH)’s Negative Finish at 48.30, Down -0.08

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After finishing at $48.34 in the prior trading day, Bread Financial Holdings Inc (NYSE: BFH) closed at $48.30, down -0.08%. In other words, the price has decreased by -$0.08 from its previous closing price. On the day, 0.63 million shares were traded. BFH stock price reached its highest trading level at $48.3 during the session, while it also had its lowest trading level at $47.44.

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 1.50 whereas as Long-Term Debt/Eq ratio is at 1.50.

On July 16, 2024, Compass Point started tracking the stock assigning a Buy rating and target price of $54.

Evercore ISI Upgraded its Underperform to In-line on June 20, 2024, whereas the target price for the stock was revised from $42 to $45.

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 Aug 12 ’24 when Fawcett John J. bought 2,000 shares for $49.82 per share. The transaction valued at 99,644 led to the insider holds 5,473 shares of the business.

Turtle Creek Asset Management sold 45,000 shares of BFH for $1,605,247 on Jan 29 ’24. The 10% Owner now owns 293,092 shares after completing the transaction at $35.67 per share. On Jan 26 ’24, another insider, Turtle Creek Asset Management , who serves as the 10% Owner of the company, sold 30,000 shares for $35.53 each. As a result, the insider received 1,065,834 and left with 295,787 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 2399408640 and an Enterprise Value of 3100410880. As of this moment, Bread’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.02, and their Forward P/E ratio for the next fiscal year is 7.82. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 1.202.

Stock Price History:

The Beta on a monthly basis for BFH is 1.95, which has changed by 0.52558434 over the last 52 weeks, in comparison to a change of 0.3069358 over the same period for the S&P500. Over the past 52 weeks, BFH has reached a high of $59.66, while it has fallen to a 52-week low of $26.08. The 50-Day Moving Average of the stock is -6.25%, while the 200-Day Moving Average is calculated to be 15.68%.

Shares Statistics:

The stock has traded on average 1.02M shares per day over the past 3-months and 894170 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 48.48M. Insiders hold about 2.41% of the company’s shares, while institutions hold 107.07% stake in the company. Shares short for BFH as of 1726185600 were 3608224 with a Short Ratio of 3.55, compared to 1723680000 on 3604732. Therefore, it implies a Short% of Shares Outstanding of 3608224 and a Short% of Float of 8.2399994.

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 0.017376913The stock’s 5-year Average Dividend Yield is 2.28. The current Payout Ratio is 5.85% for BFH, which recently paid a dividend on 2024-08-09 with an ex-dividend date of 1723161600. Stock splits for the company last occurred on 2021-11-08 when the company split stock in a 1253:1000 ratio.

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