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The price of Bread Financial Holdings Inc (NYSE: BFH) closed at $36.65 in the last session, up 3.15% from day before closing price of $35.53. In other words, the price has increased by $3.15 from its previous closing price. On the day, 1.45 million shares were traded. BFH stock price reached its highest trading level at $36.92 during the session, while it also had its lowest trading level at $33.58.
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 1816359424 and an Enterprise Value of 3661398528. As of this moment, Bread’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.56, and their Forward P/E ratio for the next fiscal year is 4.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.50. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.37 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at 1.197.
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 0.31%, while the 200-Day Moving Average is calculated to be 7.41%.
Shares Statistics:
According to the various share statistics, BFH traded on average about 804.28K shares per day over the past 3-months and 912980 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 101.80% stake in the company. Shares short for BFH as of 1713139200 were 3629325 with a Short Ratio of 4.51, compared to 1710460800 on 3650571. Therefore, it implies a Short% of Shares Outstanding of 3629325 and a Short% of Float of 8.3100006.
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 0.023641992The stock’s 5-year Average Dividend Yield is 2.27.
