Prepare Yourself for Liftoff: Bridge Investment Group Holdings Inc (BRDG)

With 1.66 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.28 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 2.62 billion, BRDG has annualized dividend of $0.42 while the current yield stands at 4.26%. 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 down-trending over the past week, with a drop of -5.47%, but this was up by 24.49% over a month. Three-month performance dropped to -0.30% while six-month performance rose 20.10%. The stock gained 32.17% in the past year, while it has gained 17.38% 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%.

Float and Shares Shorts:

At present, 44.71 million BRDG shares are outstanding with a float of 36.99 million shares on hand for trading.

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 $0.62698 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.

Summary of Insider Activity:

Insiders traded BRDG stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.