With 2.17 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.71 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $60.075 whereas the lowest price it dropped to was $58.99. The 52-week range on BN shows that it touched its highest point at $62.44 and its lowest point at $35.72 during that stretch. It currently has a 1-year price target of $62.62. With its current market cap of 89.38 billion, BN has annualized dividend of $0.24 while the current yield stands at 0.41%. Beta for the stock currently stands at 1.56.
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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 BN was down-trending over the past week, with a drop of -1.30%, but this was up by 2.31% over a month. Three-month performance surged to 20.01% while six-month performance rose 44.48%. The stock gained 63.18% in the past year, while it has gained 47.68% so far this year. A look at the trailing 12-month EPS for BN yields 0.47 with Next year EPS estimates of 3.90. For the next quarter, that number is 0.88. This implies an EPS growth rate of 19.55% for this year and 7.66% for next year.
Float and Shares Shorts:
At present, 1.51 billion BN shares are outstanding with a float of 1.21 billion shares on hand for trading. On 2024-10-31, short shares totaled 10.13 million, which was 67.00000299999999 higher than short shares on 1727654400. In addition to Mr. James Bruce Flatt as the firm’s Managing Partner, CEO & Director, Mr. Nicholas Howard Goodman C.A. serves as its President & CFO.
Institutional Ownership:
Through their ownership of 0.65628 of BN’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. In its fiscal quarter reported on 2024-06-30, BN reported revenue of $20623000000.0 and operating income of $5259000000.0. The EBITDA in the recently reported quarter was $8516000000.0 and diluted EPS was $0.01.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BN since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 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 BN analysts setting a high price target of 74.0 and a low target of 41.0, the average target price over the next 12 months is 62.625. Based on these targets, BN could surge 24.89% to reach the target high and fall by -30.8% to reach the target low. Reaching the average price target will result in a growth of 5.7% from current levels.
Analysts have provided yearly estimates in a range of $3.58462 being high and $3.58462 being low. For BN, this leads to a yearly average estimate of $3.58462. 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.
