Home  »  Companies   »  Brookfield Asset Management Inc. (NYSE:BAM): An Op...

Brookfield Asset Management Inc. (NYSE:BAM): An Opportunity for Fundamental Investors?

Brookfield Asset Management Inc. (NYSE:BAM) Relative Strength Index (RSI) is 68.49, with weekly volatility at 3.14% and ATR at 1.06. The BAM stock’s 52-week price range has touched low of $29.09 and a $48.52 high. Intraday shares traded counted 2.41 million, which was -2.26% lower than its 30-day average trading volume of 2.36M. Its shares traded higher over the last trading session, gaining 0.76% on 05/17/21. The shares fell to a low of $45.89 before closing at $48.75. BAM’s previous close was $48.38 while the outstanding shares total 1.51B. The firm has a beta of 1.26, a 12-month trailing P/E ratio of 59.16, and a growth ratio of 6.27.

Investors have identified the Asset Management company Brookfield Asset Management Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $69.18 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.

Brookfield Asset Management Inc. (BAM) Fundamentals that are to be considered.

When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For BAM, the company has in raw cash 9.93 billion on their books with 9.08 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 62.87 billion total, with 62.12 billion as their total liabilities.

Having a look at the company’s valuation, the company is expected to record 2.12 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on BAM sounds very interesting.

Is the stock of BAM attractive?

In related news, 10% Owner, ATI Investment Parent, LLC sold 47,625,000 shares of the company’s stock in a transaction that recorded on Oct 19. The sale was performed at an average price of 22.00, for a total value of 1,047,750,000. As the sale deal closes, the Director, OCM Growth Holdings LLC now bought 2,129,748 shares of the company’s stock, valued at 31,946,216. Also, Director, OCM Growth Holdings LLC bought 21,045 shares of the company’s stock in a deal that was recorded on Sep 08. The shares were price at an average price of 13.00 per share, with a total market value of 273,587. In the last 6 months, insiders have changed their ownership in shares of company stock by 12.90%.

10 out of 13 analysts covering the stock have rated it a Buy, while 2 have maintained a Hold recommendation on Brookfield Asset Management Inc.. 0 analysts has assigned a Sell rating on the BAM stock. The 12-month mean consensus price target for the company’s shares has been set at $54.30.

Leave a Comment

Your email address will not be published. Required fields are marked *