Bread Financial (BFH) Projected to Post Earnings on Thursday

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

Bread Financial Stock Down 1.4 %

BFH stock opened at $62.98 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.19 and a quick ratio of 1.19. The business has a fifty day moving average price of $61.56 and a 200-day moving average price of $55.43. Bread Financial has a 1-year low of $32.10 and a 1-year high of $66.71. The stock has a market capitalization of $3.13 billion, a P/E ratio of 10.03 and a beta of 1.94.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. The Goldman Sachs Group upped their price target on shares of Bread Financial from $52.00 to $58.00 and gave the company a “sell” rating in a research report on Tuesday, November 19th. Compass Point increased their price objective on shares of Bread Financial from $75.00 to $87.00 and gave the stock a “buy” rating in a research report on Tuesday, January 21st. Morgan Stanley raised Bread Financial from an “underweight” rating to an “overweight” rating and increased their price objective for the stock from $35.00 to $76.00 in a research note on Thursday, December 19th. TD Cowen raised their price objective on Bread Financial from $48.00 to $50.00 and gave the company a “hold” rating in a research report on Monday, October 28th. Finally, Evercore ISI increased their price target on Bread Financial from $52.00 to $54.00 and gave the company an “in-line” rating in a research note on Wednesday, October 30th. Two investment analysts have rated the stock with a sell rating, nine have given a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price 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.