Blue Foundry Bancorp [NASDAQ: BLFY] price plunged by -0.35 percent to reach at -$0.04.
A sum of 258188 shares traded at recent session while its average daily volume was at 92.92K shares. Blue Foundry Bancorp shares reached a high of $11.56 and dropped to a low of $11.35 until finishing in the latest session at $11.42.
The one-year BLFY stock forecast points to a potential downside of -14.2. The average equity rating for BLFY stock is currently 3.00, trading closer to a bullish pattern in the stock market.
Guru’s Opinion on Blue Foundry Bancorp [BLFY]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BLFY shares is $10.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BLFY 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.
Piper Sandler have made an estimate for Blue Foundry Bancorp shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on May 17, 2023. The new note on the price target was released on January 25, 2023, representing the official price target for Blue Foundry Bancorp stock. Previously, the target price had yet another raise to $13.25, while Keefe Bruyette analysts kept a Mkt Perform rating on BLFY stock.
BLFY Stock Performance Analysis:
Blue Foundry Bancorp [BLFY] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 47.35. With this latest performance, BLFY shares gained by 32.48% in over the last four-week period, additionally plugging by 23.86% over the last 6 months – not to mention a rise of 16.41% 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 BLFY stock in for the last two-week period is set at 80.54, with the RSI for the last a single of trading hit 0.54, and the three-weeks RSI is set at 0.40 for Blue Foundry Bancorp [BLFY]. The present Moving Average for the last 50 days of trading for this stock 8.78, while it was recorded at 9.91 for the last single week of trading, and 9.16 for the last 200 days.
Insight into Blue Foundry Bancorp Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Blue Foundry Bancorp [BLFY] shares currently have an operating margin of -9.82%. Blue Foundry Bancorp’s Net Margin is presently recorded at -9.82%.
Blue Foundry Bancorp (BLFY) Capital Structure & Debt Analysis
According to recent financial data for Blue Foundry Bancorp. ( BLFY), the Return on Equity (ROE) stands at -2.82%, reflecting a slight decline for investors. The Return on Assets (ROA) is -0.44%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Blue Foundry Bancorp’s Return on Invested Capital (ROIC) is -1.45%, showcasing its effectiveness in deploying capital for earnings.
Blue Foundry Bancorp (BLFY) Efficiency & Liquidity Metrics
Based on Blue Foundry Bancorp’s (BLFY) latest financial statements, the Debt-to-Equity Ratio is 1.03%, indicating its reliance on debt financing relative to shareholder equity.
Blue Foundry Bancorp (BLFY) Efficiency & Liquidity Metrics
BLFY Stock EPS
With the latest financial reports released by the company, Blue Foundry Bancorp posted -0.13/share EPS, while the average EPS was predicted by analysts to be reported at -0.17/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.04. 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 BLFY.
Blue Foundry Bancorp [BLFY] Institutonal Ownership Details
There are presently around $52.04%, or 61.33%% of BLFY stock, in the hands of institutional investors. The top three institutional holders of BLFY stocks are: T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with ownership of 2.71 million shares, which is approximately 12.2436%. DRIEHAUS CAPITAL MANAGEMENT LLC, holding 1.72 million shares of the stock with an approximate value of $$15.58 million in BLFY stocks shares; and DRIEHAUS CAPITAL MANAGEMENT LLC, currently with $$15.0 million in BLFY stock with ownership which is approximately 7.4862%.
