Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
Bread Financial Holdings Inc (NYSE: BFH) closed the day trading at $32.23 down -3.91% from the previous closing price of $33.54. In other words, the price has decreased by -$3.91 from its previous closing price. On the day, 0.66 million shares were traded. BFH stock price reached its highest trading level at $34.18 during the session, while it also had its lowest trading level at $32.1.
Ratios:
For a better understanding of BFH, let’s 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.
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:
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 1597305856 and an Enterprise Value of 3442943488. As of this moment, Bread’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.25, and their Forward P/E ratio for the next fiscal year is 3.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.44. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.32 while its Price-to-Book (P/B) ratio in mrq is 0.54. Its current Enterprise Value per Revenue stands at 1.125.
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 -12.07%, while the 200-Day Moving Average is calculated to be -5.34%.
Shares Statistics:
Over the past 3-months, BFH traded about 793.69K shares per day on average, while over the past 10 days, BFH traded about 621680 shares per day. 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 101.92% stake in the company. Shares short for BFH as of 1711584000 were 3551798 with a Short Ratio of 4.48, compared to 1709164800 on 4190032. Therefore, it implies a Short% of Shares Outstanding of 3551798 and a Short% of Float of 8.129999999999999.
Dividends & Splits
BFH’s forward annual dividend rate is 0.84, up from 0.84 a year ago. The stock’s 5-year Average Dividend Yield is 2.27.
Earnings Estimates
Investors are keenly observing as WFH analysts analyze and rate the current performance of Bread Financial Holdings Inc (BFH) in the stock market.The consensus estimate for the next quarter is $0.44, with high estimates of $32.23 and low estimates of $51.73.
Analysts are recommending an EPS of between $Financial Services and $Utilities for the fiscal current year, implying an average EPS of $Consumer Cyclical.
