Bread Financial Holdings Inc (NYSE: BFH)’s stock price has gone decline by 0.00 in comparison to its previous close of 39.98, however, the company has experienced a 4.17% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-26 that Bread Financial’s (BFH) first-quarter results reflect a drop in credit sales and, subsequently, average loans.
Is It Worth Investing in Bread Financial Holdings Inc (NYSE: BFH) Right Now?
The price-to-earnings ratio for Bread Financial Holdings Inc (NYSE: BFH) is above average at 5.04x. The 36-month beta value for BFH is also noteworthy at 1.93. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for BFH is 48.48M, and at present, short sellers hold a 7.49% of that float. The average trading volume of BFH on May 09, 2024 was 787.11K shares.
BFH’s Market Performance
BFH stock saw an increase of 4.17% in the past week, with a monthly gain of 10.47% and a quarterly increase of 15.45%. The volatility ratio for the week is 3.60%, and the volatility levels for the last 30 days are 4.37% for Bread Financial Holdings Inc (BFH). The simple moving average for the past 20 days is 10.02% for BFH’s stock, with a 16.71% simple moving average for the past 200 days.
Analysts’ Opinion of BFH
Many brokerage firms have already submitted their reports for BFH stocks, with Keefe Bruyette repeating the rating for BFH by listing it as a “Outperform.” The predicted price for BFH in the upcoming period, according to Keefe Bruyette is $67 based on the research report published on May 02, 2024 of the current year 2024.
Wolfe Research gave a rating of “Outperform” to BFH, setting the target price at $48 in the report published on April 04th of the current year.
BFH Trading at 8.47% 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 -4.56% of loss for the given period.
Volatility was left at 4.37%, however, over the last 30 days, the volatility rate increased by 3.60%, as shares surge +13.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.42% upper at present.
During the last 5 trading sessions, BFH rose by +4.17%, which changed the moving average for the period of 200-days by +7.18% in comparison to the 20-day moving average, which settled at $36.57. In addition, Bread Financial Holdings Inc saw 21.37% 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:
- 0.02 for the present operating margin
- 0.87 for the gross margin
The net margin for Bread Financial Holdings Inc stands at 0.09. The total capital return value is set at 0.0. Equity return is now at value 14.47, with 1.88 for asset returns.
Based on Bread Financial Holdings Inc (BFH), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.44. The debt to equity ratio resting at 1.53. The interest coverage ratio of the stock is 0.08.
Currently, EBITDA for the company is 1.94 billion with net debt to EBITDA at 0.57. When we switch over and look at the enterprise to sales, we see a ratio of 0.67. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.06.
Conclusion
In summary, Bread Financial Holdings Inc (BFH) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
