Bread Financial Holdings Inc (BFH) Clearly Signals Buy-Into the Stock: Don’t ignore the signals

With 0.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.89 million shares. During the session, the Credit Services company that operates in wider Financial sector, reached to the highest price of $62.045 whereas the lowest price it dropped to was $60.05. The 52-week range on BFH shows that it touched its highest point at $63.01 and its lowest point at $28.00 during that stretch. It currently has a 1-year price target of $59.62. With its current market cap of 3.04 billion, BFH has annualized dividend of $0.84 while the current yield stands at 1.37%. Beta for the stock currently stands at 1.96.

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 BFH was up-trending over the past week, with a rise of 3.82%, but this was up by 20.49% over a month. Three-month performance surged to 7.66% while six-month performance rose 49.22%. The stock gained 109.06% in the past year, while it has gained 85.64% so far this year. A look at the trailing 12-month EPS for BFH yields 6.25 with Next year EPS estimates of 5.80. For the next quarter, that number is 0.32. This implies an EPS growth rate of -51.25% for this year and -19.24% for next year.

Float and Shares Shorts:

At present, 49.70 million BFH shares are outstanding with a float of 48.52 million shares on hand for trading. On 2024-11-15, short shares totaled 3.14 million, which was 632.00004 higher than short shares on 1728950400. In addition to Mr. Ralph J. Andretta as the firm’s President, CEO & Director, Mr. Perry S. Beberman serves as its Executive VP & CFO.

Institutional Ownership:

Through their ownership of 1.05361 of BFH’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BFH since 15 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 2 suggest SELL ratings. Of the remaining analysts, 4 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 BFH analysts setting a high price target of 88.0 and a low target of 34.0, the average target price over the next 12 months is 57.876. Based on these targets, BFH could surge 43.91% to reach the target high and fall by -44.4% to reach the target low. Reaching the average price target will result in a decline of -5.35% from current levels.

Analysts have provided yearly estimates in a range of $7.58893 being high and $6.74465 being low. For BFH, this leads to a yearly average estimate of $7.18598. The surprise factor in the prior quarter was $1.64. Based on analyst estimates, the high estimate for the next quarter is $2.46 and the low estimate is $0.24. The average estimate for the next quarter is thus $1.26.