BrightSphere Investment Group Inc. (NYSE:BSIG) changes shares on Monday trading session, with a change of 16.23% or $1.48 shares. The trading starts at $9.98 and closed at $9.12 throughout the day. The trading session low price was $9.75 and day high was $10.77 on Monday, June 15. After the session, the Financial sector daily volume shifted to 4.09 million while its average volume is 651.41K. In other hand, the BSIG market cap reached to $850.54M. While, its current target price is $10.60 according to WSJ.
Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 7.18% and up 35.72% for month. Its quarterly performance was 109.90% above, while its half year performance is down -1.76%. BSIG yearly performance stood at negative -1.30% and rise 3.72% for year-to-date. Current recommendation for BrightSphere Investment Group Inc. is 2.90.
Earnings per share or EPS is an important financial measure, which defines the profitability of a company. BSIG EPS (TTM) for 12-month is 2.32. EPS for this year is 95.60%, while for the next year its value is 1.62. Sales growth for the current quarter is 0.88 while its EPS Q/Q reached -28.80%. It has an EPS of 42.30% up for past five years and for the next five years will be up 5.20%.
Let’s take a look on the analyst recommendations on BSIG for the current month and previous month. For the current month, 2 of 7 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 1 as underweight and 4 as Hold. As compared with the previous month ratings, 7 analysts participate in stock recommendation. Out of 7, 1 rated it sell, 2 rated it as Buy and 3 as Hold Ratings. On the other hand, target price ranges from $8.00-$10.50. Average target price for BSIG was reached at $9.18.
Paulson & Company, Inc., FMR, LLC and Blackrock Inc. are the top three holders in BrightSphere Investment Group Inc. (BSIG) stock. On Mar 30, 2020, Paulson & Company, Inc. has 20.0 million shares which valued 127.8 million. On Mar 30, 2020, FMR, LLC owned 8.51 million shares which valued at 54.36 million. On Mar 30, 2020, Blackrock Inc. has a total of 5.34 million shares which valued at 34.12 million. In the end, Blackrock Inc. have 6.60% shares outstanding of BrightSphere Investment Group Inc. (BSIG) on Mar 30, 2020. The insider ownership moved to 0.20%.
The company posted an EPS (TTM) of 2.32. According to the most recent quarter report on (Jun 2020), 5 analysts estimated an average EPS of 0.33, while 0.43 EPS posted a year ago period. Analyst Estimated EPS for BSIG published in the report was 0.3-0.34 during the same period. Comparing with last year, the average estimated EPS was 0.43 which is higher than 0.4 which was posted for recent quarter EPS.
A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for BSIG rise 19.48% for period of 200 days. SMA for 50 days was 39.48% which is showing green signal, while SMA-20 was 19.60%. The moving average value for BrightSphere Investment Group Inc. (BSIG) is 8.47 and 8.42 for 200 and 50 days respectively.
Let’s take a look on the insider transactions, in which multiple shareholders are showing interest in BSIG stock. On Feb 18, Mahoney Daniel K., Head of Finance/PAO, sold 1,174 trading shares at the cost of $10.51, which valued at 12344.0. On Dec 30, YANG GUANG, President and CEO, bought 25,000 shares at the cost of $10.10, with total shares of 100,001. On Dec 27, YANG GUANG, President and CEO, bought 25,000 shares at the cost of 10.18. After this transaction, YANG GUANG total shares reached to 75,001 which valued at 0.25 million.