While Bread Financial Holdings Inc has underperformed by -0.48%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BFH rose by 46.00%, with highs and lows ranging from $66.71 to $32.10, whereas the simple moving average jumped by 1.18% in the last 200 days.
On December 19, 2024, Morgan Stanley Upgraded Bread Financial Holdings Inc (NYSE: BFH) to Overweight. A report published by BofA Securities on August 09, 2024, Upgraded its rating to ‘Buy’ for BFH. Compass Point also rated BFH shares as ‘Buy’, setting a target price of $54 on the company’s shares in an initiating report dated July 16, 2024. Evercore ISI June 20, 2024d the rating to In-line on June 20, 2024, and set its price target from $42 to $45. BTIG Research initiated its ‘Neutral’ rating for BFH, as published in its report on June 07, 2024. Keefe Bruyette’s report from May 02, 2024 suggests a price prediction of $67 for BFH shares, giving the stock a ‘Outperform’ rating. Argus also rated the stock as ‘Hold’.
Analysis of Bread Financial Holdings Inc (BFH)
It’s important to note that BFH shareholders are currently getting $0.84 per share in dividends, so investors will receive a return regardless of how the company performs. Further, the quarter-over-quarter decrease in sales is -7.97%, showing a negative trend in the upcoming months.
Bread Financial Holdings Inc’s future performance can be predicted by a variety of well-rounded types of analysis and research, with equity being one of the most crucial ones. The goal here is to ensure that your current return on equity of 9.31% is sufficient for you to turn a profit off your investment.
For any stock, average volume can be an extremely valuable indicator of volatility, and BFH is registering an average volume of 657.46K. On a monthly basis, the volatility of the stock is set at 4.19%, whereas on a weekly basis, it is put at 4.34%, with a loss of -10.11% over the past seven days. Furthermore, long-term investors anticipate a median target price of $71.77, showing growth from the present price of $53.64, 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?
A giant in the Credit Services market, Bread Financial Holdings Inc (BFH) is 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 9.71, there is a growth in quarterly earnings of -84.14%.
Besides checking the fundamentals, you should also know how many employees own shares in 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 2.71%. 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 100.62% 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 100.62% at present.
