For its second fiscal quarter (ending June 30), Brightsphere Investment Group In (NYSE: BSIG) has reported E.P.S. of $0.29 compared to $0.27 a year ago. E.P.S. were $1.68 for the latest four quarters through June 30 versus $1.72 for the same period a year ago.
Recent Price Action
On 8/1/24, Brightsphere Investment Group In (NYSE: BSIG) stock suffered a large decline of -7.3%, closing at $24.27. This decline was accompanied by normal trading volume. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -2.1% 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). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Brightsphere Investment Group In has a very high Appreciation Score of 87 and a very high Power Rating of 93, resulting in the Highest Value Trend Rating.
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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