At the time of writing, Brighthouse Financial Inc [BHF] stock is trading at $50.56, up 0.90%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BHF shares have gain 10.54% over the last week, with a monthly amount glided 1.77%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Brighthouse Financial Inc [NASDAQ: BHF] stock has seen the most recent analyst activity on September 05, 2024, when Barclays initiated its Equal Weight rating and assigned the stock a price target of $48. Previously, Wells Fargo downgraded its rating to Underweight on August 12, 2024, and dropped its price target to $40. On July 10, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $54 on the stock. Keefe Bruyette upgraded its rating to a Mkt Perform and decreased its price target to $47 on June 17, 2024. Morgan Stanley downgraded its rating to a Underweight but $52 remained the price target by the analyst firm on February 23, 2024. Keefe Bruyette downgraded its rating to Underperform for this stock on December 15, 2023, and downed its price target to $50. In a note dated September 21, 2023, Goldman downgraded an Sell rating on this stock and revised its target price from $47 to $43.
For the past year, the stock price of Brighthouse Financial Inc fluctuated between $40.00 and $54.73. Currently, Wall Street analysts expect the stock to reach $45.33 within the next 12 months. Brighthouse Financial Inc [NASDAQ: BHF] shares were valued at $50.56 at the most recent close of the market. An investor can expect a potential drop of -10.34% based on the average BHF price forecast.
Analyzing the BHF fundamentals
According to Brighthouse Financial Inc [NASDAQ:BHF], the company’s sales were 4.92B for trailing twelve months, which represents an 72.48% jump. Gross Profit Margin for this corporation currently stands at 1.05% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.37%, and Net Profit Margin reading is -0.28%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.26 and Total Capital is -0.0. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.57.
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 50.29 points at the first support level, and at 50.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.83, and for the 2nd resistance point, it is at 51.11.
Ratios To Look Out For
It is important to note that Brighthouse Financial Inc [NASDAQ:BHF] has a current ratio of 9.16. Considering the valuation of this stock, the price to sales ratio is 0.61, the price to book ratio is 0.55.
Transactions by insiders
Recent insider trading involved Lambert Myles, EVP,Chief Mktg.& Dist. Officer, that happened on Dec 03 ’24 when 8400.0 shares were sold. EVP & Chief Investment Officer, Rosenthal John completed a deal on Dec 03 ’24 to sell 10000.0 shares. Meanwhile, EVP & Chief HR Officer Huss Vonda sold 3000.0 shares on Dec 02 ’24.
