Burford Capital Limited (NYSE: BUR) is 11.37% higher on its value in year-to-date trading and has touched a low of $10.70 and a high of $15.73 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BUR stock was last observed hovering at around $14.84 in the last trading session, with the day’s loss setting it -0.25%.
Currently trading at $14.59, the stock is 14.81% and 10.74% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.6 million and changing -1.68% at the moment leaves the stock 7.93% off its SMA200. BUR registered 14.43% gain for a year compared to 6-month gain of 11.04%. The firm has a 50-day simple moving average (SMA 50) of $13.1752 and a 200-day simple moving average (SMA200) of $13.51795.
The stock witnessed a 10.20% loss in the last 1 month and extending the period to 3 months gives it a 24.28%, and is 8.48% up 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 3.54% over the week and 4.70% over the month.
Burford Capital Limited (BUR) has around 160 employees, a market worth around $3.19B and $615.01M in sales. Current P/E ratio is 15.74 and Fwd P/E is 7.99. Profit margin for the company is 33.71%. Distance from 52-week low is 36.36% and -7.25% from its 52-week high. The company has generated returns on investments over the last 12 months (5.07%).
The EPS is expected to grow by 134.39% this year
294.0 institutions hold shares in Burford Capital Limited (BUR), with institutional investors hold 71.06% of the company’s shares. The shares outstanding are 218.32M, and float is at 188.37M with Short Float at 2.48%. Institutions hold 64.50% of the Float.
The top institutional shareholder in the company is MITHAQ CAPITAL SPC with over 10.54 million shares valued at $137.6 million. The investor’s holdings represent 4.8137 of the BUR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.52 million shares valued at $137.3 million to account for 4.8029 of the shares outstanding. The other top investors are AMERIPRISE FINANCIAL INC which holds 9.56 million shares representing 4.3637 and valued at over $119.25 million, while INVESCO LTD. holds 3.8186 of the shares totaling 8.36 million with a market value of $109.16 million.
