Bread Financial (BFH) Projected to Post Quarterly Earnings on Thursday

Bread Financial (NYSE:BFH) is anticipated to release its earnings data before the market opens on Thursday, January 30th. Analysts expect Bread Financial to post earnings of $0.34 per share and revenue of $963.04 million for the quarter. Persons interested in participating in the company’s earnings conference call can do so using this link.

Bread Financial Stock Performance

NYSE BFH opened at $62.98 on Wednesday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.19 and a current ratio of 1.19. Bread Financial has a fifty-two week low of $32.10 and a fifty-two week high of $66.71. The stock’s fifty day moving average is $61.56 and its two-hundred day moving average is $55.43. The firm has a market capitalization of $3.13 billion, a P/E ratio of 10.03 and a beta of 1.94.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BFH. Morgan Stanley raised shares of Bread Financial from an “underweight” rating to an “overweight” rating and increased their price target for the stock from $35.00 to $76.00 in a research report on Thursday, December 19th. Barclays cut their target price on Bread Financial from $35.00 to $34.00 and set an “underweight” rating on the stock in a research report on Friday, October 25th. Compass Point increased their target price on shares of Bread Financial from $75.00 to $87.00 and gave the stock a “buy” rating in a research note on Tuesday, January 21st. Evercore ISI boosted their price target on shares of Bread Financial from $52.00 to $54.00 and gave the stock an “in-line” rating in a research note on Wednesday, October 30th. Finally, Keefe, Bruyette & Woods boosted their target price on shares of Bread Financial from $67.00 to $88.00 and gave the stock an “outperform” rating in a research report on Monday, December 9th. Two investment analysts have rated the stock with a sell rating, nine have assigned a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $57.46.

Bread Financial Company Profile

Bread Financial Holdings, Inc provides tech-forward payment and lending solutions to customers and consumer-based industries in North America. It offers credit card and other loans financing services, including risk management solutions, account origination, and funding services for private label and co-brand credit card programs, as well as through Bread partnerships; and Comenity-branded general purpose cash-back credit.