Wall Street predicts Bread Financial Holdings Inc (BFH) stock to drop by -25.84%

Bread Financial Holdings Inc [BFH] stock prices are up 1.99% to $63.19 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BFH shares have gain 7.41% over the last week, with a monthly amount glided 0.67%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Bread Financial Holdings Inc [NYSE: BFH] stock has seen the most recent analyst activity on August 09, 2024, when BofA Securities upgraded its rating to a Buy but kept the price target unchanged to $54 for it. Previously, Compass Point started tracking the stock with Buy rating on July 16, 2024, and set its price target to $54. On June 20, 2024, upgrade upgraded it’s rating to In-line and revised its price target to $45 on the stock. BTIG Research started tracking the stock assigning a Neutral rating. Keefe Bruyette upgraded its rating to a Outperform and raised its price target to $67 on May 02, 2024. Argus downgraded its rating to Hold for this stock on May 01, 2024. In a note dated April 04, 2024, Wolfe Research upgraded an Outperform rating on this stock but restated the target price of $48.

The stock price of Bread Financial Holdings Inc [BFH] has been fluctuating between $28.00 and $63.01 over the past year. Currently, Wall Street analysts expect the stock to reach $46.86 within the next 12 months. Bread Financial Holdings Inc [NYSE: BFH] shares were valued at $63.19 at the most recent close of the market. An investor can expect a potential drop of -25.84% based on the average BFH price forecast.

Analyzing the BFH fundamentals

The Bread Financial Holdings Inc [NYSE:BFH] reported sales of 4.89B for trailing twelve months, representing a drop of -2.48%. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.0%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.1 and Total Capital is 0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.47.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 61.99 points at the first support level, and at 60.79 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.82, and for the 2nd resistance point, it is at 64.45.

Ratios To Look Out For

It’s worth pointing out that Bread Financial Holdings Inc [NYSE:BFH]’s Current Ratio is 4.56. Considering the valuation of this stock, the price to sales ratio is 0.66, the price to book ratio is 1.01 and price to earnings (TTM) ratio is 10.11.

Transactions by insiders

Recent insider trading involved Fawcett John J., Director, that happened on Oct 28 ’24 when 1000.0 shares were purchased. Director, Fawcett John J. completed a deal on Aug 12 ’24 to buy 2000.0 shares. Meanwhile, 10% Owner Turtle Creek Asset Management sold 45000.0 shares on Jan 29 ’24.

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