TRENDING KEYWORDS
Brookfield Asset Management (BAM, $47.72) beats earnings expectations
Brookfield Asset Management reported quarterly earnings of $0.81 per share , exceeding consensus estimate of $0.70. The company had an EPS of $1.80 a share in the year-ago quarter.
Revenue came in at $21.88 billion during the quarter, higher than analyst estimates of $18.35 billion.
The company recently announced a quarterly dividend of $0.14, to be paid out on June 30th to stockholders of record on Tuesday, May 31st. The ex-dividend date is Friday, May 27th.
BAM in upward trend: price may jump up because it broke its lower Bollinger Band on May 09, 2022
BAM may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options. In 29 of 34 cases where BAM's price broke its lower Bollinger Band, its price rose further in the following month. The odds of a continued upward trend are 85%.
Current price $47.04 crossed the support line at $51.63 and is trading between $51.63 support and $42.36 support lines. Throughout the month of 04/25/22 - 05/25/22, the price experienced a -9% Downtrend, while the week of 05/18/22 - 05/25/22 shows a +2% Uptrend.
The RSI Indicator points to a transition from a downward trend to an upward trend -- in cases where BAM's RSI Indicator exited the oversold zone, 14 of 17 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 82%.
The Stochastic Indicator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. 35 of 49 cases where BAM's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are 71%.
The Momentum Indicator moved above the 0 level on May 25, 2022. You may want to consider a long position or call options on BAM as a result. In 64 of 93 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are 69%.
The Moving Average Convergence Divergence (MACD) for BAM just turned positive on May 20, 2022. Looking at past instances where BAM's MACD turned positive, the stock continued to rise in 29 of 44 cases over the following month. The odds of a continued upward trend are 66%.
Following a +2.61% 3-day Advance, the price is estimated to grow further. Considering data from situations where BAM advanced for three days, in 211 of 364 cases, the price rose further within the following month. The odds of a continued upward trend are 58%.
BAM moved below its 50-day Moving Average on April 21, 2022 date and that indicates a change from an upward trend to a downward trend.
The 10-day Moving Average for BAM crossed bearishly below the 50-day moving average on April 20, 2022. This indicates that the trend has shifted lower and could be considered a sell signal. In 10 of 18 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are 56%.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where BAM declined for three days, the price rose further in 50 of 62 cases within the following month. The odds of a continued downward trend are 44%.
The Aroon Indicator for BAM entered a downward trend on May 23, 2022. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.
Tickeron has a positive outlook on this ticker and predicts a further increase by more than 4.00% within the next month with a likelihood of 32%. During the last month, the daily ratio of advancing to declining volumes was 1.2 to 1.
The Tickeron Seasonality Score of 18 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron Valuation Rating of 19 (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (1.779) is normal, around the industry mean (2.104). P/E Ratio (19.342) is within average values for comparable stocks, (13.718). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (4.202). Dividend Yield (0.011) settles around the average of (0.069) among similar stocks. P/S Ratio (0.931) is also within normal values, averaging (26.094).
The Tickeron SMR rating for this company is 23 (best 1 - 100 worst), indicating very strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
The Tickeron Profit vs. Risk Rating rating for this company is 24 (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 80, placing this stock better than average.
The Tickeron Price Growth Rating for this company is 72 (best 1 - 100 worst), indicating slightly worse than average price growth. BAM’s price grows at a lower rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron PE Growth Rating for this company is 90 (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
Investment Managers manage financial assets and other investments of clients. Management includes designing a short- or long-term strategy for buying/holding and selling of portfolio holdings. It can also include tax services and other aspects of financial planning as well. While it is perceived that the industry is faced with growing competition from robo-advisors/digital platforms and passive/ index-tracking funds, many investors still find value in actively managed in-person services that investment management companies often emphasize on. At the same time, many wealth managers are also incorporating digital initiatives/low cost options in addition to their in-person customized services. Their main sources of revenues are fees as a percentage of assets under management, in addition to a certain portion of clients’ gains from asset appreciation. BlackRock, Inc., Blackstone Group Inc and Brookfield Asset Management are some of the major investment management companies.
The average market capitalization across the Investment Managers Industry is 4.2B. The market cap for tickers in the group ranges from 372 to 93.7B. BLK holds the highest valuation in this group at 93.7B. The lowest valued company is NVPLF at 372.
The average weekly price growth across all stocks in the Investment Managers Industry was -0.66%. For the same Industry, the average monthly price growth was -5.83%, and the average quarterly price growth was 244.16%. WNLV experienced the highest price growth at 263.64%, while VEFFF experienced the biggest fall at -62.65%.
- 4/23/22 4:20 AM: Brookfield Asset Management (BAM, $51.64) was a top loser this week, declining -5.47%
- 3/23/22 4:50 AM: Brookfield Asset Management (BAM, $56.65) was a top weekly gainer, with a +7.31% jump
The average weekly volume growth across all stocks in the Investment Managers Industry was 19.13%. For the same stocks of the Industry, the average monthly volume growth was 13.49% and the average quarterly volume growth was 97.02%
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Stocks in the group have a Positive Outlook today, backed by the RSI Indicator. Tickeron has a positive outlook on this group and predicts a further increase by more than 4.00% within the next month with a likelihood of 31%. During the last month, the daily ratio of advancing to declining volumes was 1.04 to 1.
71 stocks in the group of tickers confirmed the positive outlook based on the Momentum indicator with average odds of 66%.
The most notable companies in this group are Bank of New York Mellon Corp (NYSE:BK), Ares Capital Corp (NASDAQ:ARCC), WisdomTree Investments (NASDAQ:WETF).
The average market capitalization across the group is 4.4B. The market cap for tickers in the group ranges from 0 to 94.9B. BLK holds the highest valuation in this group at 94.9B. The lowest valued company is OXLCO at 0.
The average weekly price growth across all stocks in the group was 0.83%. For the same group, the average monthly price growth was -6.42%, and the average quarterly price growth was 335.35%. TLGN experienced the highest price growth at 191.04%, while KROEF experienced the biggest fall at -42.86%.
- 5/25/22 7:32 AM: Prospect Capital (PSEC, $7.37) was a top loser this week, declining -6.23%
- 5/25/22 7:32 AM: KKR & Co (KKR, $49.99) was a top loser this week, declining -5.82%
- 5/25/22 7:32 AM: Marygold Companies (The) (MGLD, $1.24) is a top weekly gainer for penny stocks, rising +15.89%
The average weekly volume growth across all stocks in the group was 218.35%. For the same stocks of the group, the average monthly volume growth was 164.49% and the average quarterly volume growth was 558.02%
- 5/14/22 4:16 AM: The volume for Manning & Napier stock increased for three consecutive days, resulting in a record-breaking daily growth of 475% of the 65-Day Volume Moving Average
- 5/13/22 4:49 AM: The volume for Manning & Napier stock increased for two consecutive days, resulting in a record-breaking daily growth of 401% of the 65-Day Volume Moving Average
- 5/12/22 5:32 AM: The volume for Manning & Napier stock increased for one day, resulting in a record-breaking daily growth of 612% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
The most notable companies in this group are Bank of New York Mellon Corp (NYSE:BK), Ares Capital Corp (NASDAQ:ARCC), WisdomTree Investments (NASDAQ:WETF).
Investment Managers manage financial assets and other investments of clients. Management includes designing a short- or long-term strategy for buying/holding and selling of portfolio holdings. It can also include tax services and other aspects of financial planning as well. While it is perceived that the industry is faced with growing competition from robo-advisors/digital platforms and passive/ index-tracking funds, many investors still find value in actively managed in-person services that investment management companies often emphasize on. At the same time, many wealth managers are also incorporating digital initiatives/low cost options in addition to their in-person customized services. Their main sources of revenues are fees as a percentage of assets under management, in addition to a certain portion of clients’ gains from asset appreciation. BlackRock, Inc., Blackstone Group Inc and Brookfield Asset Management are some of the major investment management companies.
The average market capitalization across the Investment Managers Industry is 4.2B. The market cap for tickers in the group ranges from 372 to 94.9B. BLK holds the highest valuation in this group at 94.9B. The lowest valued company is NVPLF at 372.
The average weekly price growth across all stocks in the Investment Managers Industry was 0.25%. For the same Industry, the average monthly price growth was -5.76%, and the average quarterly price growth was 215.57%. TLGN experienced the highest price growth at 191.04%, while CHAM experienced the biggest fall at -52.11%.
- 5/25/22 7:32 AM: Prospect Capital (PSEC, $7.37) was a top loser this week, declining -6.23%
- 5/25/22 7:32 AM: KKR & Co (KKR, $49.99) was a top loser this week, declining -5.82%
- 5/25/22 7:32 AM: Marygold Companies (The) (MGLD, $1.24) is a top weekly gainer for penny stocks, rising +15.89%
The average weekly volume growth across all stocks in the Investment Managers Industry was 51.89%. For the same stocks of the Industry, the average monthly volume growth was 39.67% and the average quarterly volume growth was 179.74%
- 5/14/22 4:16 AM: The volume for Manning & Napier stock increased for three consecutive days, resulting in a record-breaking daily growth of 475% of the 65-Day Volume Moving Average
- 5/13/22 4:49 AM: The volume for Manning & Napier stock increased for two consecutive days, resulting in a record-breaking daily growth of 401% of the 65-Day Volume Moving Average
- 5/12/22 5:32 AM: The volume for Manning & Napier stock increased for one day, resulting in a record-breaking daily growth of 612% of the 65-Day Volume Moving Average
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Latest blogs by Sarah Patel
Top Blogs
