Brookline Bancorp, Inc (NASDAQ: BRKL) has a price-to-earnings ratio of 15.97x that is above its average ratio. Additionally, the 36-month beta value for BRKL is 0.77. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”
The public float for BRKL is 87.09M and currently, short sellers hold a 2.33% ratio of that float. The average trading volume of BRKL on January 31, 2025 was 717.09K shares.
BRKL) stock’s latest price update
Brookline Bancorp, Inc (NASDAQ: BRKL)’s stock price has soared by 1.99 in relation to previous closing price of 12.05. Nevertheless, the company has seen a gain of 3.10% in its stock price over the last five trading days. seekingalpha.com reported 2025-01-30 that Brookline Bancorp, Inc. (NASDAQ:BRKL ) Q4 2024 Earnings Conference Call January 30, 2025 1:30 PM ET Company Participants Laura Vaughn – Attorney Paul Perrault – Chairman & Chief Executive Officer Carl Carlson – Co-President & Chief Financial Officer Conference Call Participants Mark Fitzgibbon – Piper Sandler Steve Moss – Raymond James Laurie Hunsicker – Seaport Christopher O’Connell – KBW Operator Good afternoon and welcome to Brookline Bancorp, Inc.’s Fourth Quarter 2024 Earnings Conference Call. [Operator Instructions] Please note this event is being recorded.
BRKL’s Market Performance
Brookline Bancorp, Inc (BRKL) has experienced a 3.10% rise in stock performance for the past week, with a 4.42% rise in the past month, and a 9.15% rise in the past quarter. The volatility ratio for the week is 3.55%, and the volatility levels for the past 30 days are at 2.62% for BRKL. The simple moving average for the past 20 days is 3.80% for BRKL’s stock, with a 19.62% simple moving average for the past 200 days.
Analysts’ Opinion of BRKL
Raymond James, on the other hand, stated in their research note that they expect to see BRKL reach a price target of $16. The rating they have provided for BRKL stocks is “Strong Buy” according to the report published on December 20th, 2024.
Keefe Bruyette gave a rating of “Outperform” to BRKL, setting the target price at $14.50 in the report published on December 04th of the previous year.
BRKL Trading at 1.31% from the 50-Day Moving Average
After a stumble in the market that brought BRKL to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.54% of loss for the given period.
Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 3.55%, as shares surge +4.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.85% lower at present.
During the last 5 trading sessions, BRKL rose by +3.10%, which changed the moving average for the period of 200-days by +35.65% in comparison to the 20-day moving average, which settled at $11.84. In addition, Brookline Bancorp, Inc saw 4.15% 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 BRKL starting from Hollister Thomas J, who purchase 2,400 shares at the price of $8.72 back on May 08 ’24. After this action, Hollister Thomas J now owns 7,800 shares of Brookline Bancorp, Inc, valued at $20,928 using the latest closing price.
Hill Willard I JR, the Director of Brookline Bancorp, Inc, purchase 2,000 shares at $8.44 during a trade that took place back on Apr 29 ’24, which means that Hill Willard I JR is holding 25,631 shares at $16,878 based on the most recent closing price.
Stock Fundamentals for BRKL
Current profitability levels for the company are sitting at:
- 0.19 for the present operating margin
- 1.12 for the gross margin
The net margin for Brookline Bancorp, Inc stands at 0.13. The total capital return value is set at 0.01. Equity return is now at value 5.68, with 0.59 for asset returns.
Based on Brookline Bancorp, Inc (BRKL), the company’s capital structure generated 0.56 points at debt to capital in total, while cash flow to debt ratio is standing at 0.03. The debt to equity ratio resting at 1.25. The interest coverage ratio of the stock is 0.45.
Currently, EBITDA for the company is 109.91 million with net debt to EBITDA at 19.36. When we switch over and look at the enterprise to sales, we see a ratio of 4.48. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.12.
Conclusion
In conclusion, Brookline Bancorp, Inc (BRKL) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it 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.
