Brookfield Asset Management Ltd (NYSE: BAM) is -13.47% lower on its value in year-to-date trading and has touched a low of $37.29 and a high of $62.61 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 BAM stock was last observed hovering at around $48.61 in the last trading session, with the day’s loss setting it -1.72%.
Currently trading at $46.89, the stock is -16.19% and -16.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.94 million and changing -3.54% at the moment leaves the stock -3.51% off its SMA200. BAM registered 11.14% gain for a year compared to 6-month gain of 13.76%.
The stock witnessed a -19.00% loss in the last 1 month and extending the period to 3 months gives it a -18.44%, and is -15.45% 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 4.39% over the week and 3.41% over the month.
Brookfield Asset Management Ltd (BAM) has around 2400 employees, a market worth around $76.77B and $522.00M in sales. Current P/E ratio is 42.64 and Fwd P/E is 23.80. Profit margin for the company is 86.21%. Distance from 52-week low is 25.74% and -25.11% from its 52-week high. The company has generated returns on investments over the last 12 months (13.99%).
with sales reaching $1.27B over the same period.The EPS is expected to grow by 15.63% this year, but quarterly earnings will post 33.39% year-over-year. Quarterly sales are estimated to grow 43.89% in year-over-year returns.
Brookfield Asset Management Ltd (BAM) Top Institutional Holders
The shares outstanding are 1.64B, and float is at 490.75M with Short Float at 2.20%.
The top institutional shareholder in the company is PARTNERS VALUE INVESTMENTS LP with over 30.81 million shares valued at $1.17 billion. The investor’s holdings represent 7.4535% of the BAM Shares outstanding. As of 2024-06-30, the second largest holder is CAPITAL WORLD INVESTORS with 23.75 million shares valued at $903.65 million to account for 5.7455 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 16.3 million shares representing 5.4538% and valued at over $620.33 million, while FMR LLC holds 5.0088 of the shares totaling 20.7 million with a market value of $787.93 million.
Brookfield Asset Management Ltd (BAM) Insider Activity
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