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After finishing at $48.61 in the prior trading day, Brookfield Asset Management Ltd (NYSE: BAM) closed at $46.89, down -3.54%. In other words, the price has decreased by -$3.54 from its previous closing price. On the day, 2.94 million shares were traded.
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 4798.08 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 121.06. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.00.
On August 02, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $43.Jefferies initiated its Hold rating on August 02, 2024, with a $43 target price.
Valuation Measures:
As of this moment, Brookfield’s Price-to-Earnings (P/E) ratio for their current fiscal year is 42.64, and their Forward P/E ratio for the next fiscal year is 23.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.63. For the stock, the TTM Price-to-Sale (P/S) ratio is 147.07 while its Price-to-Book (P/B) ratio in mrq is 6.12.
Stock Price History:
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 -16.63%, while the 200-Day Moving Average is calculated to be -3.51%.
Shares Statistics:
A total of 1.64B shares are outstanding, with a floating share count of 490.75M. Insiders hold about 70.03% of the company’s shares, while institutions hold 17.50% stake in the company.
