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BHLB
Stock ticker: NYSE
AS OF
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Price
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Capitalization
919.26M

BHLB Berkshire Hills Bancorp Forecast, Technical & Fundamental Analysis

a regional bank

Industry RegionalBanks
Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for BHLB with price predictions
07:00 PM EST Nov 27, 2023

BHLB in downward trend: price may drop because broke its higher Bollinger Band on November 14, 2023

BHLB broke above its upper Bollinger Band on November 14, 2023. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 45 similar instances where the stock broke above the upper band. In of the 45 cases the stock fell afterwards. This puts the odds of success at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 54 cases where BHLB's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where BHLB declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on November 02, 2023. You may want to consider a long position or call options on BHLB as a result. In of 89 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for BHLB just turned positive on November 01, 2023. Looking at past instances where BHLB's MACD turned positive, the stock continued to rise in of 48 cases over the following month. The odds of a continued upward trend are .

BHLB moved above its 50-day moving average on November 02, 2023 date and that indicates a change from a downward trend to an upward trend.

The 10-day moving average for BHLB crossed bullishly above the 50-day moving average on November 08, 2023. This indicates that the trend has shifted higher and could be considered a buy signal. In of 16 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where BHLB advanced for three days, in of 289 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 208 cases where BHLB Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron SMR rating for this company is (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 Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued 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 (0.959) is normal, around the industry mean (1.011). P/E Ratio (9.042) is within average values for comparable stocks, (17.407). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (2.347). Dividend Yield (0.034) settles around the average of (0.045) among similar stocks. P/S Ratio (2.037) is also within normal values, averaging (2.570).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating fairly steady price growth. BHLB’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 (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.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. BHLB’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 81, placing this stock worse than average.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are US Bancorp (NYSE:USB), Itau Unibanco Holding SA (NYSE:ITUB), PNC Financial Services Group (NYSE:PNC), Banco Bradesco SA (NYSE:BBD), Deutsche Bank Aktiengesellschaft (NYSE:DB), Huntington Bancshares (NASDAQ:HBAN), Regions Financial Corp (NYSE:RF), KeyCorp (NYSE:KEY), Veritex Holdings (NASDAQ:VBTX).

Industry description

Regional banks have a smaller reach than major banks, and cater mostly to one region of a country, such as a state or within a group of states. They offer services often similar – albeit with some limitations/smaller scale – compared to major banks. Taking deposits, making loans, mortgages, leases, credit cards , fund management, insurance and investment banking. SunTrust Banks, State Street Corp., M&T Bank Corp. are some examples of U.S. regional banks.

Market Cap

The average market capitalization across the Regional Banks Industry is 5.55B. The market cap for tickers in the group ranges from 10.73K to 139.25B. HDB holds the highest valuation in this group at 139.25B. The lowest valued company is ACBCQ at 10.73K.

High and low price notable news

The average weekly price growth across all stocks in the Regional Banks Industry was 1%. For the same Industry, the average monthly price growth was 5%, and the average quarterly price growth was 5%. SUPV experienced the highest price growth at 31%, while QCCO experienced the biggest fall at -44%.

Volume

The average weekly volume growth across all stocks in the Regional Banks Industry was 27%. For the same stocks of the Industry, the average monthly volume growth was -11% and the average quarterly volume growth was -21%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 50
P/E Growth Rating: 65
Price Growth Rating: 49
SMR Rating: 37
Profit Risk Rating: 80
Seasonality Score: 7 (-100 ... +100)
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A.I. Advisor
published Earnings

BHLB is expected to report earnings to rise 2.96% to 46 cents per share on January 25

Berkshire Hills Bancorp BHLB Stock Earnings Reports
Q4'23
Est.
$0.46
Q3'23
Missed
by $0.04
Q2'23
Missed
by $0.03
Q1'23
Missed
by $0.02
Q4'22
Est.
$0.64
The last earnings report on October 20 showed earnings per share of 44 cents, missing the estimate of 49 cents. With 7.15K shares outstanding, the current market capitalization sits at 919.26M.
A.I.Advisor
published Dividends

BHLB is expected to pay dividends on November 30, 2023

Berkshire Hills Bancorp BHLB Stock Dividends
A dividend of $0.18 per share will be paid with a record date of November 30, 2023, and an ex-dividend date of November 15, 2023. The last dividend of $0.18 was paid on August 31. Read more...
A.I. Advisor
published General Information

General Information

a regional bank

Industry RegionalBanks

Profile
Fundamentals
Details
Industry
Regional Banks
Address
60 State Street
Phone
+1 617 641-9206
Employees
1310
Web
https://www.berkshirebank.com
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BHLB and

Correlation & Price change

A.I.dvisor indicates that over the last year, BHLB has been closely correlated with BANR. These tickers have moved in lockstep 83% of the time. This A.I.-generated data suggests there is a high statistical probability that if BHLB jumps, then BANR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BHLB
1D Price
Change %
BHLB100%
-0.43%
BANR - BHLB
83%
Closely correlated
-0.36%
STBA - BHLB
83%
Closely correlated
+0.14%
PFS - BHLB
80%
Closely correlated
-0.40%
RNST - BHLB
80%
Closely correlated
-0.26%
INDB - BHLB
80%
Closely correlated
+0.05%
More

Groups containing BHLB

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To BHLB
1D Price
Change %
BHLB100%
-0.43%
BHLB
(undefined stocks)
86%
Closely correlated
+2.28%
regional banks
(undefined stocks)
82%
Closely correlated
+1.91%
banks
(undefined stocks)
82%
Closely correlated
+1.61%