For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
After finishing at $52.06 in the prior trading day, Bread Financial Holdings Inc (NYSE: BFH) closed at $49.98, down -4.00%. In other words, the price has decreased by -$4.00 from its previous closing price. On the day, 0.97 million shares were traded.
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 1.67 whereas as Long-Term Debt/Eq ratio is at 1.67.
On December 19, 2024, Morgan Stanley Upgraded its rating to Overweight which previously was Underweight and also upped its target price recommendation from $35 to $76.
BofA Securities Upgraded its Neutral to Buy on August 09, 2024, while the target price for the stock was maintained at $54.
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 Oct 28 ’24 when Fawcett John J. bought 1,000 shares for $51.02 per share. The transaction valued at 51,020 led to the insider holds 6,473 shares of the business.
Fawcett John J. bought 2,000 shares of BFH for $99,644 on Aug 12 ’24. The Director now owns 5,473 shares after completing the transaction at $49.82 per share.
Valuation Measures:
As of this moment, Bread’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.91, and their Forward P/E ratio for the next fiscal year is 5.51. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.78.
Stock Price History:
Over the past 52 weeks, BFH has reached a high of $66.71, while it has fallen to a 52-week low of $38.21. The 50-Day Moving Average of the stock is 1.26%, while the 200-Day Moving Average is calculated to be -8.08%.
Shares Statistics:
A total of 47.60M shares are outstanding, with a floating share count of 45.27M. Insiders hold about 2.74% of the company’s shares, while institutions hold 105.99% stake in the company.
