In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The price of Bread Financial Holdings Inc (NYSE: BFH) closed at $46.66 in the last session, up 1.02% from day before closing price of $46.19. In other words, the price has increased by $1.02 from its previous closing price. On the day, 0.86 million shares were traded. BFH stock price reached its highest trading level at $46.975 during the session, while it also had its lowest trading level at $45.78.
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 1.53 whereas as Long-Term Debt/Eq ratio is at 1.53.
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 the company, Evercore ISI on June 20, 2024, Upgraded its rating to In-line and sets its target price to $45 from $42 previously.
Keefe Bruyette Upgraded its Mkt Perform to Outperform on May 02, 2024, whereas the target price for the stock was revised from $38 to $67.
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 2313608192 and an Enterprise Value of 3176606720. As of this moment, Bread’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.88, and their Forward P/E ratio for the next fiscal year is 7.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47 while its Price-to-Book (P/B) ratio in mrq is 0.76. Its current Enterprise Value per Revenue stands at 1.247.
Stock Price History:
The Beta on a monthly basis for BFH is 1.98, which has changed by 0.3388809 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, BFH has reached a high of $46.46, while it has fallen to a 52-week low of $26.08. The 50-Day Moving Average of the stock is 11.73%, while the 200-Day Moving Average is calculated to be 32.55%.
Shares Statistics:
According to the various share statistics, BFH traded on average about 794.83K shares per day over the past 3-months and 673210 shares per day over the past 10 days. A total of 49.30M shares are outstanding, with a floating share count of 48.39M. Insiders hold about 2.41% of the company’s shares, while institutions hold 103.88% stake in the company. Shares short for BFH as of 1718323200 were 4082448 with a Short Ratio of 4.71, compared to 1715731200 on 3927013. Therefore, it implies a Short% of Shares Outstanding of 4082448 and a Short% of Float of 9.34.
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 0.018185755The stock’s 5-year Average Dividend Yield is 2.29. The current Payout Ratio is 5.85% for BFH, which recently paid a dividend on 2024-05-09 with an ex-dividend date of 1715212800. Stock splits for the company last occurred on 2021-11-08 when the company split stock in a 1253:1000 ratio.
