As of close of business last night, Bridge Investment Group Holdings Inc’s stock clocked out at $6.34, up 0.96% from its previous closing price of $6.28. In other words, the price has increased by $+0.06 from its previous closing price. On the day, 624224 shares were traded.
Ratios:
To gain a deeper understanding of BRDG’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.99 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 1.48. In the meantime, Its Debt-to-Equity ratio is 6.72 whereas as Long-Term Debt/Eq ratio is at 6.63.
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, TD Cowen on January 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $11.
On October 19, 2022, Credit Suisse started tracking the stock assigning a Neutral rating and target price of $15.Credit Suisse initiated its Neutral rating on October 19, 2022, with a $15 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BRDG now has a Market Capitalization of 257.60M and an Enterprise Value of 664.01M. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.60 while its Price-to-Book (P/B) ratio in mrq is 3.20. Its current Enterprise Value per Revenue stands at 1.70 whereas that against EBITDA is -18.23.
Stock Price History:
Over the past 52 weeks, BRDG has reached a high of $13.07, while it has fallen to a 52-week low of $6.18. The 50-Day Moving Average of the stock is 8.47, while the 200-Day Moving Average is calculated to be 9.42.
Shares Statistics:
It appears that BRDG traded 301.61K shares on average per day over the past three months and 437.3k shares per day over the past ten days. A total of 37.83M shares are outstanding, with a floating share count of 35.28M. Insiders hold about 13.98% of the company’s shares, while institutions hold 47.75% stake in the company. Shares short for BRDG as of Feb 29, 2024 were 373.55k with a Short Ratio of 1.24, compared to 377.07k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.93% and a Short% of Float of 1.09%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.66, BRDG has a forward annual dividend rate of 0.56. Against a Trailing Annual Dividend Yield of 10.51%, it implies a Forward Annual Dividend Yield of 4.46%.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.16 for the current quarter, with a high estimate of $0.17 and a low estimate of $0.15, while EPS last year was $0.19. The consensus estimate for the next quarter is $0.18, with high estimates of $0.2 and low estimates of $0.17.
Analysts are recommending an EPS of between $0.95 and $0.77 for the fiscal current year, implying an average EPS of $0.82. EPS for the following year is $1.15, with 5 analysts recommending between $1.3 and $1.04.
Revenue Estimates
In the current quarter, 1 analysts expect revenue to total $80.48M. It ranges from a high estimate of $80.48M to a low estimate of $80.48M. As of the current estimate, Bridge Investment Group Holdings Inc’s year-ago sales were $91.45M, an estimated decrease of -12.00% from the year-ago figure.
A total of 2 analysts have provided revenue estimates for BRDG’s current fiscal year. The highest revenue estimate was $380.5M, while the lowest revenue estimate was $361.1M, resulting in an average revenue estimate of $370.8M. In the same quarter a year ago, actual revenue was $390.65M, down -5.10% from the average estimate. Based on 2 analysts’ estimates, the company’s revenue will be $489.86M in the next fiscal year. The high estimate is $519.67M and the low estimate is $460.04M. The average revenue growth estimate for next year is up 32.10% from the average revenue estimate for this year.
