Brighthouse Financial Inc. (NASDAQ: BHF) is -16.17% lower on its value in year-to-date trading and has touched a low of $38.38 and a high of $60.54 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BHF stock was last observed hovering at around $45.19 in the last trading session, with the day’s loss setting it -2.21% off its average median price target of $57.00 for the next 12 months. It is also 32.84% off the consensus price target high of $64.00 offered by 13 analysts, but current levels are 12.29% higher than the price target low of $49.00 for the same period.
Currently trading at $42.98, the stock is -22.95% and -21.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.86 million and changing -4.89% at the moment leaves the stock -13.85% off its SMA200. BHF registered -8.67% loss for a year compared to 6-month gain of -12.71%.
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The stock witnessed a -28.34% loss in the last 1 month and extending the period to 3 months gives it a -19.21%, and is -21.90% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.93% over the week and 3.69% over the month.
Brighthouse Financial Inc. (BHF) has around 1500 employees, a market worth around $3.09B and $8.47B in sales. Fwd P/E is 2.54. Profit margin for the company is -1.20%. Distance from 52-week low is 11.98% and -29.01% from its 52-week high. The company has generated returns on investments over the last 12 months (1.80%).
Brighthouse Financial Inc. (BHF) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Brighthouse Financial Inc. (BHF) is a “Hold”. 13 analysts offering their recommendations for the stock have an average rating of 3.10, where 12 rate it as a Hold and 0 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 1 analysts have rated the stock as a Sell or Underperform.
Brighthouse Financial Inc. is expected to release its quarterly report on 05/08/2023.The EPS is expected to grow by 42.30% this year
Brighthouse Financial Inc. (BHF) Top Institutional Holders
The shares outstanding are 69.00M, and float is at 67.59M with Short Float at 2.15%.
Brighthouse Financial Inc. (BHF) Insider Activity
A total of 3 insider transactions have happened at Brighthouse Financial Inc. (BHF) in the last six months, with sales accounting for 1 and purchases happening 2 times.