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After finishing at $57.53 in the prior trading day, Brookfield Asset Management Ltd (NYSE: BAM) closed at $55.05, down -4.31%. In other words, the price has decreased by -$4.31 from its previous closing price. On the day, 6.07 million shares were traded. BAM stock price reached its highest trading level at $57.74 during the session, while it also had its lowest trading level at $54.59.
Ratios:
Our goal is to gain a better understanding of BAM by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 267.38 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 110.93. For the most recent quarter (mrq), Quick Ratio is recorded 1.21 and its Current Ratio is at 1.21. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.03.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BAM now has a Market Capitalization of 92948070400 and an Enterprise Value of 91482677248. As of this moment, Brookfield’s Price-to-Earnings (P/E) ratio for their current fiscal year is 39.37, and their Forward P/E ratio for the next fiscal year is 28.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.65. For the stock, the TTM Price-to-Sale (P/S) ratio is 62.56 while its Price-to-Book (P/B) ratio in mrq is 10.46. Its current Enterprise Value per Revenue stands at 21.902 whereas that against EBITDA is 34.626.
Stock Price History:
The Beta on a monthly basis for BAM is 1.49, which has changed by 0.4762671 over the last 52 weeks, in comparison to a change of 0.11730647 over the same period for the S&P500. Over the past 52 weeks, BAM has reached a high of $62.61, while it has fallen to a 52-week low of $37.29. The 50-Day Moving Average of the stock is 3.67%, while the 200-Day Moving Average is calculated to be 4.77%.
Shares Statistics:
The stock has traded on average 2.27M shares per day over the past 3-months and 2775730 shares per day over the last 10 days, according to various share statistics. A total of 1.61B shares are outstanding, with a floating share count of 353.98M. Insiders hold about 78.05% of the company’s shares, while institutions hold 17.55% stake in the company. Shares short for BAM as of 1747267200 were 20712004 with a Short Ratio of 9.14, compared to 1744675200 on 11502257. Therefore, it implies a Short% of Shares Outstanding of 20712004 and a Short% of Float of 5.33.
Dividends & Splits
In the trailing 12 months, BAM’s forward annual dividend rate was 0.438, compared to 1.63 this year. Against a Trailing Annual Dividend Yield of 0.0076120957