Brookfield Asset Management Inc. (NYSE:BAM) went down by -1.37% from its latest closing price compared to the recent 1-year high of $45.61. The company’s stock price has collected -3.66% of loss in the last five trading sessions. The Wall Street Journal reported on 01/12/21 that Big Real-Estate Firms Turn Buyers of Their Own Shares
Is It Worth Investing in Brookfield Asset Management Inc. (NYSE :BAM) Right Now?
Plus, the 36-month beta value for BAM is at 1.28. Opinions of the stock are interesting as 11 analysts out of 12 who provided ratings for Brookfield Asset Management Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $49.02, which is $10.33 above the current price. BAM currently public float of 1.25B and currently shorts hold a 0.89% ratio of that float. Today, the average trading volume of BAM was 2.68M shares.
BAM’s Market Performance
BAM stocks went down by -3.66% for the week, with a monthly drop of -8.33% and a quarterly performance of 11.05%, while its annual performance rate touched -4.68%. The volatility ratio for the week stands at 2.20% while the volatility levels for the past 30 days are set at 2.37% for Brookfield Asset Management Inc.. The simple moving average for the period of the last 20 days is -4.81% for BAM stocks with a simple moving average of 10.18% for the last 200 days.
Analysts’ Opinion of BAM
Many brokerage firms have already submitted their reports for BAM stocks, with Goldman repeating the rating for BAM by listing it as a “Buy.” The predicted price for BAM in the upcoming period, according to Goldman is $51 based on the research report published on November 18th of the previous year 2020.
Citigroup, on the other hand, stated in their research note that they expect to see BAM reach a price target of $40, previously predicting the price at $38. The rating they have provided for BAM stocks is “Buy” according to the report published on October 19th, 2020.
Keefe Bruyette gave a rating of “Outperform” to BAM, setting the target price at $41 in the report published on August 17th of the previous year.
BAM Trading at -2.62% from the 50-Day Moving Average
After a stumble in the market that brought BAM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.26% of loss for the given period.
Volatility was left at 2.37%, however, over the last 30 days, the volatility rate increased by 2.20%, as shares sank -5.96% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +28.24% upper at present.
During the last 5 trading sessions, BAM fell by -3.66%, which changed the moving average for the period of 200-days by +29.84% in comparison to the 20-day moving average, which settled at $40.00. In addition, Brookfield Asset Management Inc. saw -7.46% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at BAM starting from ATI Investment Parent, LLC, who sale 47,625,000 shares at the price of $22.00 back on Oct 19. After this action, ATI Investment Parent, LLC now owns 72,369,467 shares of Brookfield Asset Management Inc., valued at $1,047,750,000 using the latest closing price.
OCM Growth Holdings LLC, the Director of Brookfield Asset Management Inc., purchase 2,129,748 shares at $15.00 during a trade that took place back on Oct 15, which means that OCM Growth Holdings LLC is holding 17,457,227 shares at $31,946,216 based on the most recent closing price.
Stock Fundamentals for BAM
Current profitability levels for the company are sitting at:
- +2.37 for the present operating margin
- +29.02 for the gross margin
The net margin for Brookfield Asset Management Inc. stands at +4.06. The total capital return value is set at 0.66, while invested capital returns managed to touch 1.75. Equity return is now at value -0.30, with 0.00 for asset returns.
Based on Brookfield Asset Management Inc. (BAM), the company’s capital structure generated 461.26 points at debt to equity in total, while total debt to capital is 82.18. Total debt to assets is 49.85, with long-term debt to equity ratio resting at 469.69. Finally, the long-term debt to capital ratio is 73.78.
When we switch over and look at the enterprise to sales, we see a ratio of 4.16, with the company’s debt to enterprise value settled at 0.55. The receivables turnover for the company is 6.80 and the total asset turnover is 0.24.