Brookline Bancorp, Inc (NASDAQ: BRKL) Recovers 23.47% From 52-Week Low, Is BRKL Still A High-Risk, High-Reward Play?

Brookline Bancorp, Inc (NASDAQ:BRKL) currently has a daily average trading volume of 556.94K but it saw 435536 shares traded in last market. With a market cap of 889.71M USD, the company’s current market price of $9.89 came rising about 0.92 while comparing to the previous closing price of $9.80. In past 52 weeks, the stock remained buoying in the range of price level as high as $13.15 and as low as $8.01. In the recent trading on the day, stock has struck highest price mark of $9.78 while lowest mark touched by it was $9.97.

Taking a look at 20-day trading activity of Brookline Bancorp, Inc (BRKL) gives us an average price of $10.34, while its current price level is -24.79% below from 52-week high level whereas it is 23.47% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $11.08 while that of 200 days or SMA-200 reads an average of $10.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.66% during that period while stretching the period over a month that increases to 3.61%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 38.55 which implies that the stock is in neutral territory.

Raymond James upgraded its recommendation for the stock as a “Strong Buy” from “Mkt Perform” on December 20, 2024 while assigning a price target of $16. Keefe Bruyette issued its recommendations for the stock as it upgraded the price target for the stock in the range of between $12 and $14.50.

Over the week, BRKL’s stock price is moving 3.78% up while it is -10.09% when we observe its performance for the past one month. Year-to-date it is -16.19% down and over the past year, the stock is showing an upside performance of 9.77%.

The company is expected to be releasing its next quarterly report on 2025-Jan-28, for which analysts forecasted an EPS of 0.22 while estimate for next year EPS is 1.38. In next quarter, company is expected to be making quarterly sales of $94.47M as analysts are expecting the sales for current fiscal year at $559.4M and seeing the company making $962.64M in sales next year. Moreover, analysts are in estimates of $91.38M for current-quarter revenue.

Currently, Brookline Bancorp, Inc’s total number of outstanding shares is 89.98M. Company’s return on investment (ROI) stands at 4.84% and return on equity (ROE) at 5.68%. It has a price to earnings ratio (P/E ratio) of 12.85 while having a 4.34 of forward P/E ratio. Stock’s beta reads 0.88. Stock has a price to book (P/B) ratio of 0.73 while price to sale or P/S ratio amounts to 1.36. Its return on asset (ROA) is 0.59% on average.