Bread Financial Holdings Inc (NYSE: BFH) has reported E.P.S. of $2.69 for its second fiscal quarter (ending June 30) versus $1.28 for the same period a year ago — an increase of 110%. Relative to the consensus estimate of $1.28, this was a premium of $1.41. E.P.S. were $9.80 for the latest four quarters through June 30 versus $10.37 for the same period a year ago — a decline of -5%.
Recent Price Action
Bread Financial Holdings Inc (NYSE: BFH) stock enjoyed a large increase of 4.0% on 7/25/24. The stock closed at $52.32. Moreover, this advance was accompanied by unusually high trading volume at 165% of normal. The stock has been exceptionally strong relative to the market over the last nine months and has risen 1.4% during the last week.
Current PriceTarget Research Rating
BFH’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Bread Financial Holdings has a current Value Trend Rating of A (Highest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. Bread Financial Holdings has a good Power Rating of 83 and a very high Appreciation Score of 86, and the Highest Value Trend Rating results.
Rating Review
In light of this encouraging new earnings information and positive market action we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
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