In yesterday’s Wall Street session, Bread Financial Holdings Inc (NYSE:BFH) shares traded at $57.95, down -1.06% from the previous session.
BFH stock price is now 10.29% away from the 50-day moving average and 26.97% away from the 200-day moving average. The market capitalization of the company currently stands at $2.88B.
With the price target maintained at $54, BofA Securities recently Upgraded its rating from Neutral to Buy for Bread Financial Holdings Inc (NYSE: BFH). On July 16, 2024, Compass Point recently initiated its ‘Buy’ rating on the stock quoting a target price of $54, while ‘Evercore ISI’ rates the stock as ‘In-line’
In other news, Fawcett John J., Director bought 1,000 shares of the company’s stock on Oct 28 ’24. The stock was bought for $51,020 at an average price of $51.02. Upon completion of the transaction, the Director now directly owns 6,473 shares in the company, valued at $0.38 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 12 ’24, Director Fawcett John J. bought 2,000 shares of the business’s stock. A total of $99,644 was incurred on buying the stock at an average price of $49.82. This leaves the insider owning 5,473 shares of the company worth $0.32 million. A total of 2.40% of the company’s stock is owned by insiders.
During the past 12 months, Bread Financial Holdings Inc has had a low of $26.58 and a high of $63.01. The fifty day moving average price for BFH is $52.4308 and a two-hundred day moving average price translates $45.53495 for the stock.
The latest earnings results from Bread Financial Holdings Inc (NYSE: BFH) was released for 2024-09-30. The net profit margin was 6.38% and return on equity was 10.54% for BFH. The company reported revenue of $1.22 billion for the quarter, compared to $1.25 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -2.48 percent.
