Brightsphere Investment Group In (NYSE: BSIG) has reported earnings for its third fiscal quarter (ending September 30) of $0.46 versus $0.47 for the same period a year ago — a decline of -2%. For the latest four quarters through September 30, E.P.S. were $1.68 versus $1.77 for the same period a year ago — a decline of -5%.
Recent Price Action
Brightsphere Investment Group In (NYSE: BSIG) stock rose slightly by 0.08% on 10/31/24. The stock closed at $26.39. However, trading volume in this advance was below average at 82% of normal. The stock has been strong relative to the market over the last nine months and has risen 3.0% during the last week.
Current PriceTarget Research Rating
BSIG is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to be above the cost of capital.
Brightsphere Investment Group In 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 consistent signals. Brightsphere Investment Group In has a good Power Rating of 81 and a very high Appreciation Score of 89, with the Highest Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of A. This review will be completed in the next several days.
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