While Bread Financial Holdings Inc has underperformed by -1.02%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BFH rose by 60.30%, with highs and lows ranging from $41.89 to $24.87, whereas the simple moving average jumped by 16.77% in the last 200 days.
On May 02, 2024, Keefe Bruyette Upgraded Bread Financial Holdings Inc (NYSE: BFH) to Outperform. A report published by Argus on May 01, 2024, Downgraded its rating to ‘Hold’ for BFH. Wolfe Research also Upgraded BFH shares as ‘Outperform’, setting a target price of $48 on the company’s shares in a report dated April 04, 2024. BMO Capital Markets Initiated an Market Perform rating on January 10, 2024, and assigned a price target of $33. Evercore ISI January 03, 2024d its ‘In-line’ rating to ‘Underperform’ for BFH, as published in its report on January 03, 2024. JP Morgan’s report from December 18, 2023 suggests a price prediction of $36 for BFH shares, giving the stock a ‘Neutral’ rating. Morgan Stanley also rated the stock as ‘Underweight’.
Analysis of Bread Financial Holdings Inc (BFH)
Investors in Bread Financial Holdings Inc will get a return regardless of how the company performs over the next quarter since the company’s dividend stands at $0.84 per share. Further, the quarter-over-quarter decrease in sales is -2.98%, showing a negative trend in the upcoming months.
One of the most important indicators of Bread Financial Holdings Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of 14.47% is sufficient for you to turn a profit off your investment.
For any stock, average volume can also provide valuable insight into volatility, and BFH is recording 785.94K average volume. On a monthly basis, the volatility of the stock is set at 4.42%, whereas on a weekly basis, it is put at 4.87%, with a gain of 8.32% over the past seven days. Furthermore, long-term investors anticipate a median target price of $37.08, showing decline from the present price of $39.98, which can serve as yet another indication of whether BFH is worth investing in or should be passed over.
How Do You Analyze Bread Financial Holdings Inc Shares?
The Credit Services market is dominated by Bread Financial Holdings Inc (BFH) based in the USA. When comparing Bread Financial Holdings Inc shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 5.04, there is a growth in quarterly earnings of -70.31%.
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 2.22%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 103.12% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BFH shares are owned by institutional investors to the tune of 103.12% at present.
