A look at Brookline Bancorp, Inc’s (BRKL) recent performance gives investors their first glimpse of hope.

On Tuesday, Brookline Bancorp, Inc (NASDAQ: BRKL) opened lower -2.96% from the last session, before settling in for the closing price of $12.49. Price fluctuations for BRKL have ranged from $8.01 to $13.15 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 15.02%. Company’s average yearly earnings per share was noted -4.41% at the time writing. With a float of $86.21 million, this company’s outstanding shares have now reached $89.98 million.

Considering the fact that the conglomerate employs 1018 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 112.32%, operating margin of 18.91%, and the pretax margin is 16.83%.

Brookline Bancorp, Inc (BRKL) Insider Activity

A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Brookline Bancorp, Inc is 3.25%, while institutional ownership is 82.22%. 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) Earnings and Forecasts

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

Check out the current performance indicators for Brookline Bancorp, Inc (BRKL). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.67. Likewise, its price to free cash flow for the trailing twelve months is 11.28.

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)

Compared to the last year’s volume of 0.53 million, its volume of 1.11 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 22.84%. Additionally, its Average True Range was 0.35.

During the past 100 days, Brookline Bancorp, Inc’s (BRKL) raw stochastic average was set at 73.66%, which indicates a significant increase from 16.92% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.06% in the past 14 days, which was lower than the 30.73% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $11.75, while its 200-day Moving Average is $9.96. Nevertheless, the first resistance level for the watch stands at $12.62 in the near term. At $13.11, the stock is likely to face the second major resistance level. The third major resistance level sits at $13.45. If the price goes on to break the first support level at $11.79, it is likely to go to the next support level at $11.45. Should the price break the second support level, the third support level stands at $10.96.

Brookline Bancorp, Inc (NASDAQ: BRKL) Key Stats

There are currently 89,098K shares outstanding in the company with a market cap of 1.08 billion. Presently, the company’s annual sales total 609,220 K according to its annual income of 75,000 K. Last quarter, the company’s sales amounted to 165,910 K and its income totaled 20,140 K.