A new trading day began on Monday, with Brookline Bancorp, Inc. (NASDAQ: BRKL) stock price up 3.68% from the previous day of trading, before settling in for the closing price of $10.86. BRKL’s price has ranged from $7.93 to $11.52 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
A company in the Financial sector has jumped its sales by 15.02% annually for the last half of the decade. Meanwhile, its annual earnings per share averaged -4.41%. With a float of $86.02 million, this company’s outstanding shares have now reached $89.64 million.
In an organization with 1018 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 100.08%, operating margin of 16.85%, and the pretax margin is 15.0%.
Brookline Bancorp, Inc. (BRKL) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Banks – Regional Industry. The insider ownership of Brookline Bancorp, Inc. is 3.25%, while institutional ownership is 81.79%. The most recent insider transaction that took place on May 08 ’24, was worth 20,928. In this transaction Director of this company bought 2,400 shares at a rate of $8.72, taking the stock ownership to the 7,800 shares. Before that another transaction happened on Apr 29 ’24, when Company’s Director bought 2,000 for $8.44, making the entire transaction worth $16,878. This insider now owns 25,631 shares in total.
Brookline Bancorp, Inc. (BRKL) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around -4.41% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.00% during the next five years compared to -3.99% drop over the previous five years of trading.
Brookline Bancorp, Inc. (NASDAQ: BRKL) Trading Performance Indicators
Here are Brookline Bancorp, Inc.’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.54. Likewise, its price to free cash flow for the trailing twelve months is 10.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.83, a number that is poised to hit 0.24 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of Brookline Bancorp, Inc. (BRKL)
Let’s dig in a bit further. During the last 5-days, its volume was 0.42 million. That was inferior than the volume of 0.5 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 81.74%. Additionally, its Average True Range was 0.29.
During the past 100 days, Brookline Bancorp, Inc.’s (BRKL) raw stochastic average was set at 99.24%, which indicates a significant increase from 98.46% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.83% in the past 14 days, which was higher than the 28.49% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $10.13, while its 200-day Moving Average is $9.59. However, in the short run, Brookline Bancorp, Inc.’s stock first resistance to watch stands at $11.37. Second resistance stands at $11.48. The third major resistance level sits at $11.68. If the price goes on to break the first support level at $11.06, it is likely to go to the next support level at $10.87. Assuming the price breaks the second support level, the third support level stands at $10.76.
Brookline Bancorp, Inc. (NASDAQ: BRKL) Key Stats
With a market capitalization of 1.00 billion, the company has a total of 88,895K Shares Outstanding. Currently, annual sales are 609,220 K while annual income is 75,000 K. The company’s previous quarter sales were 165,910 K while its latest quarter income was 20,140 K.
