In last trading session, Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) saw 1,295,718 shares changing hands with its beta currently measuring 1.15. Company’s recent per share price level of $6.24 trading at $0.11 or 1.79% at ring of the bell on the day assigns it a market valuation of $513.27 Million. That closing price of BPFH’s stock is at a discount of -109.62% from its 52-week high price of $13.08 and is indicating a premium of 19.87% from its 52-week low price of $5. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 664.17 Million shares which gives us an average trading volume of 753.48 Million if we extend that period to 3-months.
For Boston Private Financial Holdings, Inc. (BPFH), analysts’ consensus is at an average recommendation of Hold while assigning it a mean rating of 3. Splitting up the data highlights that, out of 5 analysts covering the stock, none rated the stock as a Sell while none recommended an Overweight rating for the stock. 5 suggested the stock as a Hold whereas none see the stock as a Buy. None analyst(s) advised it as an Underweight. The company is expected to be making an EPS of $0.15 in the current quarter.
Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) trade information
Upright in the green today for gaining 1.79%, in the last five days BPFH remained trading in the green while hitting it’s week-highest on Friday, Oct 23 when the stock touched $6.88-9 price level, adding 9.3% to its value on the day. Boston Private Financial Holdings, Inc.’s shares saw a change of -48.13% in year-to-date performance and have moved -5.45% in past 5-day. Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) showed a performance of 13.04% in past 30-days. Number of shares sold short was 1.07 Million shares which calculate 0 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of $6.67 to the stock, which implies a rise of 6.89% to its current value. Analysts have been projecting $6.35 as a low price target for the stock while placing it at a high target of $7. It follows that stock’s current price would jump +12.18% in reaching the projected high whereas dropping to the targeted low would mean a loss of 1.76% for stock’s current value.
Boston Private Financial Holdings, Inc. (BPFH) estimates and forecasts
Statistics highlight that Boston Private Financial Holdings, Inc. is scoring comparatively lower than the scores of other players of the relevant industry. The company lessened -11.11% of value to its shares in past 6 months, showing an annual growth rate of -60.42% while that of industry is -13.3. Apart from that, the company came lowering its revenue forecast for fiscal year 2020. The company is estimating its revenue growth to decline by -40% in the current quarter and calculating 1300% increase in the next quarter. This year revenue growth is estimated to rise 1.9% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $58.19 Million for the same. And 5 analysts are in estimates of company making revenue of $58.62 Million in the next quarter that will end in March 01, 2021. Company posted $56.12 Million and $57.26 Million of sales in current and next quarters respectively a year earlier. Analysts are expecting this quarter sales to grow by 3.7% while estimating it to be 2.4% for the next quarter.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 6.1% during past 5 years. In 2020, company’s earnings growth rate is likely to be around 7.6% while estimates for its earnings growth in next 5 years are of 10.18%
Boston Private Financial Holdings, Inc. is more likely to be releasing its next quarterly report between January 20 and January 25, 2021, and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 3.92%, the share has a forward dividend of 0.24 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.78%.
Boston Private Financial Holdings, Inc. (NASDAQ:BPFH)’s Major holders
Insiders are in possession of 1.25% of company’s total shares while institution are holding 94.82% percent of that, with stock having share float percentage of 96.03%. Investors also watch the number of corporate investors in a company very closely, which is 239 institutions for Boston Private Financial Holdings, Inc. that are currently holding shares of the company. Blackrock Inc. is the top institutional holder at BPFH for having 11.89 Million shares of worth $81.8 Million. And as of June 29, 2020, it was holding 14.47% of the company’s outstanding shares.
The second largest institutional holder is Vanguard Group, Inc. (The), which was holding about 8.91 Million shares on June 29, 2020. The number of shares represents firm’s hold over 10.84% of outstanding shares, having a total worth of $61.33 Million.
On the other hand, iShares Core S&P Smallcap ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of September 29, 2020, the former fund manager was holding 5085071 shares of worth $28.07 Million or 6.19% of the total outstanding shares. The later fund manager was in possession of 2.36 Million shares on June 29, 2020, making its stake of worth around $16.21 Million in the company or a holder of 2.87% of company’s stock.