Key Highlights:
- Bread Financial Holdings beats Q1 earnings expectations with a GAAP EPS of $2.86.
- Revenue topped forecasts, coming in at $970 million, despite a slight year-over-year decline.
- Analysts set an average price target of $60.09, suggesting a potential upside of 25.52%.
Bread Financial Holdings (BFH, Financial) has delivered better-than-expected results in the first quarter, posting a GAAP EPS of $2.86, which outperformed analyst estimates by $0.56. Despite a 2.1% year-over-year revenue decline, the company reported $970 million in revenue, beating expectations by $16.49 million. However, the common equity tier 1 capital ratio declined to 12%, while the tangible book value per share increased to $48.92, indicating some mixed signals about the company's financial health.
Wall Street Analysts' Outlook
The consensus from 13 analysts gives Bread Financial Holdings Inc (BFH, Financial) a one-year average price target of $60.09. This range includes a high estimate of $88.00 and a low of $33.00, highlighting potential volatility in stock performance. The average target suggests a promising upside of 25.52% from the current share price of $47.87. For a deeper dive into these estimates, you can visit the Bread Financial Holdings Inc (BFH) Forecast page.
The average brokerage recommendation stands at 2.7, which places the stock in the "Hold" category according to 16 brokerage firms. This scale ranges from 1, a Strong Buy, to 5, a Sell, offering insight into the market's mixed sentiment about the company's near-term prospects.
Assessing GF Value Estimates
According to GuruFocus' proprietary calculations, the GF Value for Bread Financial Holdings Inc (BFH, Financial) in one year's time is estimated at $40.99. This suggests a potential downside of 14.37% from the current market price of $47.87. The GF Value is a calculated metric based on historical trading multiples, past business growth, and projected future performance, granting investors a robust framework for evaluating fair market value. More detailed information is available on the Bread Financial Holdings Inc (BFH) Summary page.
