Berkshire Hills Bancorp Inc [BHLB] stock prices are down -0.42% to $28.12 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 BHLB shares have lost -1.71% over the last week, with a monthly amount drifted -2.46%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Berkshire Hills Bancorp Inc [NYSE: BHLB] stock has seen the most recent analyst activity on December 17, 2024, when Seaport Research Partners upgraded its rating to a Buy but kept the price target unchanged to $39 for it. Previously, Janney downgraded its rating to Neutral on July 22, 2024, and kept the price target unchanged to $28. On July 19, 2024, Hovde Group reiterated its Outperform rating and revised its price target to $31 on the stock. Seaport Research Partners upgraded its rating to a Neutral. Piper Sandler upgraded its rating to a Neutral but $24 remained the price target by the analyst firm on January 10, 2024. Seaport Research Partners started tracking with a Sell rating for this stock on September 12, 2023, and assigned it a price target of $16. In a note dated October 14, 2022, Piper Sandler downgraded an Underweight rating on this stock and revised its target price from $31 to $29.
The stock price of Berkshire Hills Bancorp Inc [BHLB] has been fluctuating between $20.50 and $32.36 over the past year. Currently, Wall Street analysts expect the stock to reach $23.5 within the next 12 months. Berkshire Hills Bancorp Inc [NYSE: BHLB] shares were valued at $28.12 at the most recent close of the market. An investor can expect a potential drop of -16.43% based on the average BHLB price forecast.
Analyzing the BHLB fundamentals
The Berkshire Hills Bancorp Inc [NYSE:BHLB] reported sales of 645.12M for trailing twelve months, representing a surge of 22.66%. Gross Profit Margin for this corporation currently stands at 0.48% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.07%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.04 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.66.
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 27.93 points at the first support level, and at 27.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.30, and for the 2nd resistance point, it is at 28.48.
Ratios To Look Out For
It’s worth pointing out that Berkshire Hills Bancorp Inc [NYSE:BHLB]’s Current Ratio is 0.17. Considering the valuation of this stock, the price to sales ratio is 2.02, the price to book ratio is 1.12 and price to earnings (TTM) ratio is 19.57.
Transactions by insiders
Recent insider trading involved Tulchiner Ellen, EVP,Head of Cnsmr Lndng&Pymnts, that happened on Feb 11 ’25 when 1052.0 shares were sold. Officer, Tulchiner Ellen completed a deal on Feb 11 ’25 to buy 1052.0 shares. Meanwhile, President and CEO Mhatre Nitin J. bought 1100.0 shares on Apr 25 ’24.
