home Latest News What's The Story Behind Brookfield Asset Management Inc. (NYSE:BAM) – TopChronicle

What's The Story Behind Brookfield Asset Management Inc. (NYSE:BAM) – TopChronicle

This post was originally published on this site

Brookfield Asset Management Inc. (NYSE:BAM) closed its last session at $40.77. The stock traded within a range of $40.23 and $41.06. The company operates in the Financial Services sector with a market capitalization of 39.87 Million. Trading volume for Brookfield Asset Management Inc. was 1.18 Million in its previous trading session. Currently, Brookfield Asset Management Inc. (NYSE:BAM) has an average volume of 1.09 Million.

Company Profile

Brookfield Asset Management Inc. is an asset manager. Focused on property, power and infrastructure assets, the company has assets under management and is co-listed on the New York and Toronto Stock Exchanges under the symbol BAM. At Brookfield they continually strive to ensure that they have sound corporate governance practices to maintain investor confidence in the way in which they do business. To ensure it communicates with there practices and commitment to strong corporate governance, they are proud to share with its Statement of Corporate Governance, Corporate Disclosure Policy, Code of Business Conduct and Ethics and other related information on its corporate governance initiatives and practices.

Analyst Views

Brookfield Asset Management Inc. (NYSE:BAM) received a Buy rating from 4 analysts. 3 analysts gave its stock an Outperform rating. 1 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

EPS & Financials

Brookfield Asset Management Inc. (NYSE:BAM) reported its EPS in the last quarter as $1.02/Share beating the analyst estimate of $0.15/Share by a difference of $0.87. This showed a surprise of 580% in the last quarter earnings.

For the current quarter, 1 analysts are projecting a mean EPS of $0.16/share. According to their observations and findings, the stock could provide a high EPS of $0.16/share and a low EPS of $0.16/share.

Analysts believe that the company has the potential to earn average revenue of $5.58 Billion for the current quarter. According to their predictions high & low revenue estimates are 5.58 Billion and 5.58 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with MEDIUM volatility. Brookfield Asset Management Inc. (NYSE:BAM) has a 20-Day average volume of 805194. According to today’s trading volume Brookfield Asset Management Inc. is ABOVE its 20-Day Avg. volume with the stock showing ABOVE Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BEARISH trend as well.

The company currently has an insider ownership of 12.9 Percent and Institutional ownership of 61.4 Percent. The return on assets stands at 0.2%, Return on Equity currently is 2% and the Return on Investment value is 4.3%.

Brookfield Asset Management Inc. (NYSE:BAM) gross margin percentage stands at 20.6% while its operating margin for the past trailing twelve month is 8 percent and its overall profit margin (ttm) is 1.1 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 3.44% with a 50-Day Simple Moving Average of 3.58 percent. As of today, the company has a SMA200 (200-day simple moving average) of 0.29 Percent. The Stock has YTD (year to date) performance of -6.36 percent.

The TTM operating margin for the company stands at 8%. The return on invested capital is at 4.3%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 22.35.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 0.29%, and has a solid year to date (YTD) performance of -6.36% which means that the stock is constantly adding to its value from the previous fiscal year end price.