Brookline Bancorp, Inc [BRKL] stock prices are up 2.13% to $11.98 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BRKL shares have gain 3.72% over the last week, with a monthly amount drifted -4.92%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Brookline Bancorp, Inc [NASDAQ: BRKL] stock has seen the most recent analyst activity on December 24, 2024, when Keefe Bruyette downgraded its rating to a Mkt Perform. Previously, Raymond James upgraded its rating to Strong Buy on December 20, 2024, and kept the price target unchanged to $16. On December 04, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $14.50 on the stock. Hovde Group started tracking the stock assigning a Outperform rating and suggested a price target of $10.75 on September 20, 2023. Seaport Research Partners initiated its recommendation with a Buy and recommended $12 as its price target on September 12, 2023.
The stock price of Brookline Bancorp, Inc [BRKL] has been fluctuating between $8.01 and $13.15 over the past year. Brookline Bancorp, Inc [NASDAQ: BRKL] shares were valued at $11.98 at the most recent close of the market.
Analyzing the BRKL fundamentals
The Brookline Bancorp, Inc [NASDAQ:BRKL] reported sales of 648.43M for trailing twelve months, representing a surge of 9.01%. Gross Profit Margin for this corporation currently stands at 1.12% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.17%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.06 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.25.
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 11.85 points at the first support level, and at 11.71 for the second support level. However, for the 1st resistance point, the stock is sitting at 12.14, and for the 2nd resistance point, it is at 12.29.
Ratios To Look Out For
It’s worth pointing out that Brookline Bancorp, Inc [NASDAQ:BRKL]’s Current Ratio is 0.10. Considering the valuation of this stock, the price to sales ratio is 1.66, the price to book ratio is 0.88 and price to earnings (TTM) ratio is 14.43.
Transactions by insiders
Recent insider trading involved Hollister Thomas J, Director, that happened on May 08 ’24 when 2400.0 shares were purchased. Director, Hill Willard I JR completed a deal on Apr 29 ’24 to buy 2000.0 shares. Meanwhile, Chief Operations Officer Cosman James M sold 16000.0 shares on Mar 12 ’24.
