Bread Financial Holdings Inc (NYSE: BFH)’s stock price has gone decline by -0.89 in comparison to its previous close of 35.85, however, the company has experienced a 10.24% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-18 that Bread Financial (BFH) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Is It Worth Investing in Bread Financial Holdings Inc (NYSE: BFH) Right Now?
Bread Financial Holdings Inc (NYSE: BFH) has a price-to-earnings ratio that is above its average at 2.48x. The stock has a 36-month beta value of 1.94. Opinions on the stock are mixed, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for BFH is 48.28M, and at present, short sellers hold a 7.36% of that float. On April 25, 2024, the average trading volume of BFH was 806.63K shares.
BFH’s Market Performance
The stock of Bread Financial Holdings Inc (BFH) has seen a 10.24% increase in the past week, with a -0.48% drop in the past month, and a 16.49% gain in the past quarter. The volatility ratio for the week is 4.25%, and the volatility levels for the past 30 days are at 3.76% for BFH. The simple moving average for the last 20 days is 0.96% for BFH’s stock, with a simple moving average of 4.16% for the last 200 days.
Analysts’ Opinion of BFH
Many brokerage firms have already submitted their reports for BFH stocks, with Wolfe Research repeating the rating for BFH by listing it as a “Outperform.” The predicted price for BFH in the upcoming period, according to Wolfe Research is $48 based on the research report published on April 04, 2024 of the current year 2024.
BMO Capital Markets, on the other hand, stated in their research note that they expect to see BFH reach a price target of $33. The rating they have provided for BFH stocks is “Market Perform” according to the report published on January 10th, 2024.
Evercore ISI gave a rating of “Underperform” to BFH, setting the target price at $33 in the report published on January 03rd of the current year.
BFH Trading at -2.85% from the 50-Day Moving Average
After a stumble in the market that brought BFH to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -15.18% of loss for the given period.
Volatility was left at 3.76%, however, over the last 30 days, the volatility rate increased by 4.25%, as shares sank -3.90% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -4.92% lower at present.
During the last 5 trading sessions, BFH rose by +10.24%, which changed the moving average for the period of 200-days by +6.89% in comparison to the 20-day moving average, which settled at $35.12. In addition, Bread Financial Holdings Inc saw 7.86% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BFH starting from Turtle Creek Asset Management, who sale 45,000 shares at the price of $35.67 back on Jan 29 ’24. After this action, Turtle Creek Asset Management now owns 293,092 shares of Bread Financial Holdings Inc, valued at $1,605,247 using the latest closing price.
Turtle Creek Asset Management, the 10% Owner of Bread Financial Holdings Inc, sale 30,000 shares at $35.53 during a trade that took place back on Jan 26 ’24, which means that Turtle Creek Asset Management is holding 295,787 shares at $1,065,834 based on the most recent closing price.
Stock Fundamentals for BFH
Current profitability levels for the company are sitting at:
- 0.17 for the present operating margin
- 1.0 for the gross margin
The net margin for Bread Financial Holdings Inc stands at 0.17. The total capital return value is set at 0.03. Equity return is now at value 28.40, with 3.01 for asset returns.
Based on Bread Financial Holdings Inc (BFH), the company’s capital structure generated 0.66 points at debt to capital in total, while cash flow to debt ratio is standing at 0.35. The debt to equity ratio resting at 1.96. The interest coverage ratio of the stock is 0.84.
Currently, EBITDA for the company is 1.94 billion with net debt to EBITDA at 0.95. When we switch over and look at the enterprise to sales, we see a ratio of 0.83. The receivables turnover for the company is 30.1for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.15.
Conclusion
To sum up, Bread Financial Holdings Inc (BFH) has seen a better performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
