Brookfield Asset Management Ltd (NYSE: BAM) kicked off on Monday, up 2.97% from the previous trading day, before settling in for the closing price of $53.19. Over the past 52 weeks, BAM has traded in a range of $29.83-$54.20.
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Financial Sector giant saw their annual sales surged by 209.08% over the last five years. While this was happening, its average annual earnings per share was recorded 3.41%. With a float of $350.32 million, this company’s outstanding shares have now reached $388.73 million.
The firm has a total of 2400 workers. Let’s measure their productivity. In terms of profitability, gross margin is 83.51%, operating margin of 57.02%, and the pretax margin is 64.7%.
Brookfield Asset Management Ltd (BAM) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Asset Management Industry. The insider ownership of Brookfield Asset Management Ltd is 16.37%, while institutional ownership is 69.33%.
Brookfield Asset Management Ltd (BAM) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.35 earnings per share (EPS), higher than consensus estimate (set at 0.32) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.39 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 3.41% per share during the next fiscal year.
Brookfield Asset Management Ltd (NYSE: BAM) Trading Performance Indicators
Take a look at Brookfield Asset Management Ltd’s (BAM) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 82.35. Likewise, its price to free cash flow for the trailing twelve months is 55.81.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.11, a number that is poised to hit 0.39 in the next quarter and is forecasted to reach 1.68 in one year’s time.
Technical Analysis of Brookfield Asset Management Ltd (BAM)
Analysing the last 5-days average volume posted by the [Brookfield Asset Management Ltd, BAM], we can find that recorded value of 1.72 million was better than the volume posted last year of 1.28 million. As of the previous 9 days, the stock’s Stochastic %D was 70.99%. Additionally, its Average True Range was 1.23.
During the past 100 days, Brookfield Asset Management Ltd’s (BAM) raw stochastic average was set at 87.09%, which indicates a significant increase from 69.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 23.93% in the past 14 days, which was lower than the 25.53% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $47.20, while its 200-day Moving Average is $41.90. Now, the first resistance to watch is $56.95. This is followed by the second major resistance level at $59.14. The third major resistance level sits at $60.91. If the price goes on to break the first support level at $52.99, it is likely to go to the next support level at $51.22. Should the price break the second support level, the third support level stands at $49.03.
Brookfield Asset Management Ltd (NYSE: BAM) Key Stats
The company with the Market Capitalisation of 32.12 billion has total of 444,253K Shares Outstanding. Its annual sales at the moment are 383,000 K in contrast with the sum of 451,000 K annual income. Company’s last quarter sales were recorded 48,000 K and last quarter income was 124,000 K.
