Brighthouse Financial Inc [NASDAQ: BHF] closed the trading session at $50.56.
The stocks have a year to date performance of 5.25 percent and weekly performance of 10.54 percent. The stock has been moved at 4.57 percent over the last six months. The stock has performed 1.77 percent around the most recent 30 days and changed 5.07 percent over the most recent 3-months.
If compared to the average trading volume of 365.49K shares, BHF reached to a volume of 257572 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about Brighthouse Financial Inc [BHF]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BHF shares is $51.11 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BHF stock is a recommendation set at 3.55. 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.
Barclays have made an estimate for Brighthouse Financial Inc shares, keeping their opinion on the stock as Equal Weight, with their previous recommendation back on September 05, 2024. While these analysts kept the previous recommendation, Wells Fargo dropped their target price from $51 to $40. The new note on the price target was released on August 12, 2024, representing the official price target for Brighthouse Financial Inc stock. Previously, the target price had yet another raise from $49 to $54, while Jefferies kept a Buy rating on BHF stock. On June 17, 2024, analysts decreased their price target for BHF shares from 48 to 47.
The Average True Range (ATR) for Brighthouse Financial Inc is set at 1.30, with the Price to Sales ratio for BHF stock in the period of the last 12 months amounting to 0.61. The Price to Book ratio for the last quarter was 0.55.
BHF stock trade performance evaluation
Brighthouse Financial Inc [BHF] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 10.54. With this latest performance, BHF shares gained by 1.77% in over the last four-week period, additionally plugging by 4.57% over the last 6 months – not to mention a rise of 2.56% 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 BHF stock in for the last two-week period is set at 60.36, with the RSI for the last a single of trading hit 66.92, and the three-weeks RSI is set at 56.99 for Brighthouse Financial Inc [BHF]. The present Moving Average for the last 50 days of trading for this stock 49.67, while it was recorded at 48.89 for the last single week of trading, and 46.69 for the last 200 days.
Brighthouse Financial Inc [BHF]: An insightful look at the core fundamentals
Brighthouse Financial Inc’s liquidity data is similarly interesting compelling, with a Current Ratio set at 9.16.
Earnings per share (EPS) analysis for Brighthouse Financial Inc [BHF] stock
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 BHF. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Brighthouse Financial Inc go to 13.00%.
Brighthouse Financial Inc [BHF]: Institutional Ownership
There are presently around $81.54%, or 82.38%% of BHF stock, in the hands of institutional investors. The top three institutional holders of BHF stocks are: DODGE & COX with ownership of 6.69 million shares, which is approximately 10.6109%. VANGUARD GROUP INC, holding 6.2 million shares of the stock with an approximate value of $$268.88 million in BHF stocks shares; and VANGUARD GROUP INC, currently with $$257.9 million in BHF stock with ownership which is approximately 9.44%.
