Brookfield Asset Management Ltd (NYSE: BAM) is -10.59% 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 $48.50 in the last trading session, with the day’s loss setting it -0.05%.
Currently trading at $48.45, the stock is -1.64% and -11.29% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.56 million and changing -0.10% at the moment leaves the stock -1.78% off its SMA200. BAM registered 15.91% gain for a year compared to 6-month gain of 2.87%. The firm has a 50-day simple moving average (SMA 50) of $54.6192 and a 200-day simple moving average (SMA200) of $49.3266.
The stock witnessed a -14.37% loss in the last 1 month and extending the period to 3 months gives it a -12.50%, and is -5.81% 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 3.51% over the week and 3.58% over the month.
Brookfield Asset Management Ltd (BAM) has around 2500 employees, a market worth around $79.33B and $482.00M in sales. Current P/E ratio is 37.33 and Fwd P/E is 24.61. Profit margin for the company is 112.24%. Distance from 52-week low is 29.93% and -22.62% from its 52-week high. The company has generated returns on investments over the last 12 months (16.66%).
with sales reaching $1.27B over the same period.The EPS is expected to grow by 15.54% this year, but quarterly earnings will post 33.25% year-over-year. Quarterly sales are estimated to grow 43.79% in year-over-year returns.
Brookfield Asset Management Ltd (BAM) Top Institutional Holders
837.0 institutions hold shares in Brookfield Asset Management Ltd (BAM), with institutional investors hold 93.59% of the company’s shares. The shares outstanding are 1.64B, and float is at 1.33B with Short Float at 0.91%. Institutions hold 90.00% of the Float.
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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