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After finishing at $36.91 in the prior trading day, Bread Financial Holdings Inc (NYSE: BFH) closed at $38.38, up 3.98%. In other words, the price has increased by $3.98 from its previous closing price. On the day, 0.93 million shares were traded. BFH stock price reached its highest trading level at $39.08 during the session, while it also had its lowest trading level at $36.305.
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 1.86 whereas as Long-Term Debt/Eq ratio is at 1.77.
On April 04, 2024, Wolfe Research Upgraded its rating to Outperform which previously was Peer Perform but kept the price unchanged to $48.
On January 10, 2024, BMO Capital Markets started tracking the stock assigning a Market Perform rating and target price of $33.BMO Capital Markets initiated its Market Perform rating on January 10, 2024, with a $33 target price.
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 1902097536 and an Enterprise Value of 2766648064. As of this moment, Bread’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2.68, and their Forward P/E ratio for the next fiscal year is 5.49. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.38 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at 1.086.
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 5.06%, while the 200-Day Moving Average is calculated to be 12.34%.
Shares Statistics:
The stock has traded on average 763.47K shares per day over the past 3-months and 977520 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 48.33M. Insiders hold about 2.22% of the company’s shares, while institutions hold 101.45% stake in the company. Shares short for BFH as of 1713139200 were 3629325 with a Short Ratio of 4.75, 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
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 0.02275806The stock’s 5-year Average Dividend Yield is 2.28.
