BrightSpire Capital Inc (NYSE: BRSP) has seen a rise in its stock price by 0.51 in relation to its previous close of 5.88. However, the company has experienced a -3.11% decline in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-14 that When a dividend cut occurs, it’s time to analyze the data again and evaluate the outcomes. My portfolio has seen 20 hikes and 4 cuts, but every cut deserves focused attention. We provide an in-depth review of BrightSpire Capital, Inc. and their recent earnings to look for systemic issues.
Is It Worth Investing in BrightSpire Capital Inc (NYSE: BRSP) Right Now?
Moreover, the 36-month beta value for BRSP is 1.95. Analysts have varying opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 1 as “sell.”
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The public float for BRSP is 127.76M and currently, short sellers hold a 2.21% of that float. On September 25, 2024, BRSP’s average trading volume was 906.51K shares.
BRSP’s Market Performance
BRSP’s stock has seen a -3.11% decrease for the week, with a 1.72% rise in the past month and a 0.34% gain in the past quarter. The volatility ratio for the week is 2.52%, and the volatility levels for the past 30 days are at 2.10% for BrightSpire Capital Inc The simple moving average for the last 20 days is 0.83% for BRSP stock, with a simple moving average of -8.22% for the last 200 days.
Analysts’ Opinion of BRSP
BofA Securities gave a rating of “Underperform” to BRSP, setting the target price at $6.50 in the report published on March 04th of the current year.
BRSP Trading at 0.57% from the 50-Day Moving Average
After a stumble in the market that brought BRSP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -26.22% of loss for the given period.
Volatility was left at 2.10%, however, over the last 30 days, the volatility rate increased by 2.52%, as shares surge +1.20% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.66% lower at present.
During the last 5 trading sessions, BRSP fell by -3.11%, which changed the moving average for the period of 200-days by -14.60% in comparison to the 20-day moving average, which settled at $5.86. In addition, BrightSpire Capital Inc saw -20.56% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BRSP starting from Palame David A, who sale 50,000 shares at the price of $6.76 back on Mar 27 ’24. After this action, Palame David A now owns 347,832 shares of BrightSpire Capital Inc, valued at $338,000 using the latest closing price.
Stock Fundamentals for BRSP
Current profitability levels for the company are sitting at:
- 0.35 for the present operating margin
- 0.66 for the gross margin
The net margin for BrightSpire Capital Inc stands at -0.33. The total capital return value is set at 0.04. Equity return is now at value -10.67, with -3.18 for asset returns.
Based on BrightSpire Capital Inc (BRSP), the company’s capital structure generated 0.7 points at debt to capital in total, while cash flow to debt ratio is standing at 0.05. The debt to equity ratio resting at 2.28. The interest coverage ratio of the stock is -5.8.
Currently, EBITDA for the company is 46.0 million with net debt to EBITDA at 19.04. When we switch over and look at the enterprise to sales, we see a ratio of 7.8. The receivables turnover for the company is 9.44for trailing twelve months and the total asset turnover is 0.1.
Conclusion
To wrap up, the performance of BrightSpire Capital Inc (BRSP) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
