Boston Private Financial Holdings Inc. [NASDAQ: BPFH] slipped around -0.07 points on Thursday, while shares priced at $6.60 at the close of the session, down -1.05%. The company report on October 22, 2020 that Boston Private Reports Third Quarter 2020 Results.
Third Quarter 2020 Highlights include:.
GAAP Net income of $22.7 million, or $0.28 per diluted share, and operating net income of $22.0 million, or $0.27 per diluted share.
Boston Private Financial Holdings Inc. stock is now -45.14% down from its year-to-date (YTD) trading value. BPFH Stock saw the intraday high of $6.71 and lowest of $6.16 per share. The company’s 52-week high price is 13.08, which means current price is +32.00% above from all time high which was touched on 01/23/20.
Compared to the average trading volume of 736.55K shares, BPFH reached a trading volume of 1015793 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Boston Private Financial Holdings Inc. [BPFH]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BPFH shares is $6.57 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BPFH stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Keefe Bruyette have made an estimate for Boston Private Financial Holdings Inc. shares, keeping their opinion on the stock as Mkt Perform, with their previous recommendation back on May 01, 2020. While these analysts kept the previous recommendation, Wedbush raised their target price to Neutral. The new note on the price target was released on April 07, 2020, representing the official price target for Boston Private Financial Holdings Inc. stock.
The Average True Range (ATR) for Boston Private Financial Holdings Inc. is set at 0.27, with the Price to Sales ratio for BPFH stock in the period of the last 12 months amounting to 1.86. The Price to Book ratio for the last quarter was 0.66, with the Price to Cash per share for the same quarter was set at 2.67. Price to Free Cash Flow for BPFH in the course of the last twelve months was 34.66.
How has BPFH stock performed recently?
Boston Private Financial Holdings Inc. [BPFH] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 2.33. With this latest performance, BPFH shares gained by 28.16% in over the last four-week period, additionally sinking by -8.08% over the last 6 months – not to mention a drop of -45.05% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BPFH stock in for the last two-week period is set at 65.39, with the RSI for the last a single of trading hit 69.24, and the three-weeks RSI is set at 60.95 for Boston Private Financial Holdings Inc. [BPFH]. The present Moving Average for the last 50 days of trading for this stock 5.96, while it was recorded at 6.51 for the last single week of trading, and 7.50 for the last 200 days.
Boston Private Financial Holdings Inc. [BPFH]: Deeper insight into the fundamentals
Operating Margin for any stock indicates how profitable investing would be, and Boston Private Financial Holdings Inc. [BPFH] shares currently have an operating margin of +25.51. Boston Private Financial Holdings Inc.’s Net Margin is presently recorded at +19.79.
Return on Total Capital for BPFH is now 6.93, given the latest momentum, and Return on Invested Capital for the company is 7.60. Return on Equity for this stock inclined to 10.32, with Return on Assets sitting at 0.93. When it comes to the capital structure of this company, Boston Private Financial Holdings Inc. [BPFH] has a Total Debt to Total Equity ratio set at 76.65. Additionally, BPFH Total Debt to Total Capital is recorded at 43.39, with Total Debt to Total Assets ending up at 7.06. Long-Term Debt to Equity for the company is recorded at 34.20, with the Long-Term Debt to Total Capital now at 19.36.
Reflecting on the efficiency of the workforce at the company, Boston Private Financial Holdings Inc. [BPFH] managed to generate an average of $104,199 per employee.
Earnings analysis for Boston Private Financial Holdings Inc. [BPFH]
With the latest financial reports released by the company, Boston Private Financial Holdings Inc. posted 0.24/share EPS, while the average EPS was predicted by analysts to be reported at 0.22/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 9.10%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BPFH. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Boston Private Financial Holdings Inc. go to 10.18%.
Insider trade positions for Boston Private Financial Holdings Inc. [BPFH]
There are presently around $492 million, or 91.90% of BPFH stock, in the hands of institutional investors. The top three institutional holders of BPFH stocks are: BLACKROCK INC. with ownership of 11,890,232, which is approximately -1.661% of the company’s market cap and around 1.10% of the total institutional ownership; VANGUARD GROUP INC, holding 8,913,745 shares of the stock with an approximate value of $58.83 million in BPFH stocks shares; and FMR LLC, currently with $48.54 million in BPFH stock with ownership of nearly 6.742% of the company’s market capitalization.
Positions in Boston Private Financial Holdings Inc. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 87 institutional holders increased their position in Boston Private Financial Holdings Inc. [NASDAQ:BPFH] by around 4,368,795 shares. Additionally, 85 investors decreased positions by around 6,616,142 shares, while 26 investors held positions by with 63,515,288 shares. The mentioned changes placed institutional holdings at 74,500,225 shares, according to the latest SEC report filing. BPFH stock had 28 new institutional investments in for a total of 1,364,721 shares, while 26 institutional investors sold positions of 2,862,053 shares during the same period.