Bread Financial Holdings Inc (NYSE:BFH) shares, rose in value on Friday, May 30, with the stock price down by -1.29% to the previous day’s close as strong demand from buyers drove the stock to $51.24.
Actively observing the price movement in the last trading, the stock closed the session at $51.91. The PE ratio was 9.14 over 12-month period. Referring to stock’s 52-week performance, its high was $66.71, and the low was $38.21. On the whole, BFH has fluctuated by 7.99% over the past month.
With the market capitalization of Bread Financial Holdings Inc currently standing at about $2.39 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.84, with its dividend yield at 1.64%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.89B, with a low estimate of 927.2M and a high estimate of 967M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 943.42M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BFH’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 0.85, with the price of BFH currently trading nearly -1.00% and 3.85% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.92, while the 7-day volatility ratio is showing 2.18% which for the 30-day chart, stands at 2.29%. Furthermore, Bread Financial Holdings Inc (BFH)’s beta value is 1.37, and its average true range (ATR) is 1.77.
A comparison of Bread Financial Holdings Inc (BFH) with its peers suggests the former has fared considerably weaker in the market. BFH showed an intraday change of -1.29% in last session, and over the past year, it grew by 23.62%%.
Data on historical trading for Bread Financial Holdings Inc (NYSE:BFH) indicates that the trading volumes over the past 3 months, they’ve averaged 1.06 million. According to company’s latest data on outstanding shares, there are 47.60 million shares outstanding.
Nearly 2.74% of Bread Financial Holdings Inc’s shares belong to company insiders and institutional investors own 106.06% of the company’s shares. The stock has fallen by -16.08% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BFH stock heading into the next quarter.
