With 0.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.23 million shares. The 52-week range on BRDG shows that it touched its highest point at $11.69 and its lowest point at $6.18 during that stretch. It currently has a 1-year price target of $11.67. With its current market cap of 2.74 billion, BRDG has annualized dividend of $0.42 while the current yield stands at 4.03%. Beta for the stock currently stands at 1.49.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BRDG was up-trending over the past week, with a rise of 27.51%, but this was up by 30.21% over a month. Three-month performance surged to 5.14% while six-month performance rose 28.13%. The stock gained 43.66% in the past year, while it has gained 24.17% so far this year. A look at the trailing 12-month EPS for BRDG yields -0.25 with Next year EPS estimates of 1.06. For the next quarter, that number is 0.16. This implies an EPS growth rate of 17.45% for this year and 31.12% for next year. EPS is expected to grow by 21.85% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -28.00%.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BRDG since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.69015 being high and $0.6362 being low. For BRDG, this leads to a yearly average estimate of $0.68015. Based on analyst estimates, the high estimate for the next quarter is $0.22 and the low estimate is $0.16. The average estimate for the next quarter is thus $0.18.
