Bridge Investment Group Holdings Inc [BRDG] stock prices are up 2.08% to $7.87 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BRDG shares have gain 9.31% over the last week, with a monthly amount drifted -12.46%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Bridge Investment Group Holdings Inc [NYSE: BRDG] stock has seen the most recent analyst activity on January 07, 2025, when JP Morgan downgraded its rating to a Neutral and also revised its price target to $10 from $12. Previously, Morgan Stanley downgraded its rating to Equal-Weight on November 08, 2024, and dropped its price target to $11. On October 14, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $10.50 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $11 on September 12, 2024. TD Cowen initiated its recommendation with a Outperform and recommended $11 as its price target on January 04, 2024. In a note dated October 19, 2022, Credit Suisse initiated an Neutral rating and provided a target price of $15 on this stock.
The stock price of Bridge Investment Group Holdings Inc [BRDG] has been fluctuating between $6.18 and $11.69 over the past year. Currently, Wall Street analysts expect the stock to reach $19.67 within the next 12 months. Bridge Investment Group Holdings Inc [NYSE: BRDG] shares were valued at $7.87 at the most recent close of the market. An investor can expect a potential return of 149.94% based on the average BRDG price forecast.
Analyzing the BRDG fundamentals
The Bridge Investment Group Holdings Inc [NYSE:BRDG] reported sales of 442.94M for trailing twelve months, representing a drop of -11.51%. Gross Profit Margin for this corporation currently stands at 0.74% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.0%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.04 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 5.04.
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 7.75 points at the first support level, and at 7.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.96, and for the 2nd resistance point, it is at 8.06.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 4.63, the price to book ratio is 3.70.
Transactions by insiders
Recent insider trading involved Allara Dean, Vice Chairman, that happened on Jan 06 ’25 when 10877.0 shares were sold. Vice Chairman, Allara Dean completed a deal on Jan 02 ’25 to sell 10438.0 shares. Meanwhile, Vice Chairman Allara Dean sold 10256.0 shares on Jan 03 ’25.
