An analyst sees good growth prospects for Burford Capital Limited (BUR)

With 2.32 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.52 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $14.54 whereas the lowest price it dropped to was $13.31. The 52-week range on BUR shows that it touched its highest point at $16.77 and its lowest point at $12.07 during that stretch. It currently has a 1-year price target of $20.00. With its current market cap of 2.32 billion, BUR has annualized dividend of $0.19 while the current yield stands at 1.32%. Beta for the stock currently stands at 1.29.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BUR was up-trending over the past week, with a rise of 5.56%, but this was up by 7.55% over a month. Three-month performance surged to 10.81% while six-month performance fell -9.18%. The stock gained 7.22% in the past year, while it has lost -8.65% so far this year. A look at the trailing 12-month EPS for BUR yields 1.78 with Next year EPS estimates of 1.85. For the next quarter, that number is 0.62. This implies an EPS growth rate of -53.63% for this year and 45.89% for next year.

Float and Shares Shorts:

At present, 218.96 million BUR shares are outstanding with a float of 187.87 million shares on hand for trading. On 2024-10-15, short shares totaled 6.05 million, which was 276.0 higher than short shares on 1726185600. In addition to Mr. Christopher Peter Bogart as the firm’s CEO & Director, Mr. Jonathan T. Molot serves as its Founder & Chief Investment Officer.

Institutional Ownership:

Through their ownership of 0.62464 of BUR’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. It generated $53746000.0 net income for the quarter, which came to -$64.98M over the last twelve months.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BUR since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BUR analysts setting a high price target of 22.5 and a low target of 18.0, the average target price over the next 12 months is 19.7. Based on these targets, BUR could surge 57.89% to reach the target high and rise by 26.32% to reach the target low. Reaching the average price target will result in a growth of 38.25% from current levels.

Analysts have provided yearly estimates in a range of $1.28214 being high and $1.24717 being low. For BUR, this leads to a yearly average estimate of $1.27048. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.