Home Sectors Financial Services Stock in the Spotlight: Brookline Bancorp (NASDAQ: BRKL)

Stock in the Spotlight: Brookline Bancorp (NASDAQ: BRKL)

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Brookline Bancorp trades as part of the financial services sector and banking industry. The company CEO is Paul A. Perrault. Brookline Bancorp Inc operates as a multi-bank holding company. Its offers commercial, business and retail banking services, including a full complement of cash management products, on-line banking services, consumer and residential loans.

Previous Intraday Trading Performance:

The BRKL stock showed a previous change of -1.13% with an open at 15.00 and a close of 14.84. It reached an intraday high of 15.02 and a low of 14.82.

SeekingAlpha:  Brookline Bancorp, Inc. (BRKL) CEO Paul Perrault on Q1 2019 Results – Earnings Call Transcript

Liquidity:

The stock has a market cap of $1.2b with 79.8m shares outstanding, of which the float is 76.5m shares. Trading volume reached 205,636 shares compared to its average volume of 214,169 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Brookline Bancorp shares returned 1.16% and in the past 30 trading days it returned 0.31%. Over three months, it changed -1.15%. In one year it has changed -19.82% and within that year its 52-week high was 19.35 and its 52-week low was 12.84. BRKL stock is 15.58% above its 52 Week Low.

Our calculations show a 200 day moving average of 15.21 and a 50 day moving average of 14.92. Currently BRKL stock is trading -2.43% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

SeekingAlpha:  Brookline Bancorp, Inc. (BRKL) CEO Paul Perrault on Q1 2019 Results – Earnings Call Transcript

Earnings:

The last annual fiscal EPS for the company was reported at 1.04 that ended on 31st of December 2018, which according to the previous close, that is a PE of 14.27. Based on 1 analyst estimate, the estimated EPS for the next quarter is 0.27. The TTM EPS is 1.07, which comes to a TTM PE of 13.87. Historically, the PE high was 28.50 and the PE low was 13.87. BRKL stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/24/2019): 0.28
4thQtr of 2018 (Reported on 01/30/2019): 0.26
3rdQtr of 2018 (Reported on 10/24/2018): 0.28
2ndQtr of 2018 (Reported on 07/25/2018): 0.26
1stQtr of 2018 (Reported on 04/25/2018): 0.24

The dividend per share is currently 0.44, which is a dividend yield of 2.96%. Also, the payout ratio is 41.12%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 15.33, which means it is possibly undervalued and has a margin of safety of 3.17%.

Indicators to Watch:

The current calculated beta is 0.89.

SeekingAlpha:  Tracking Southeastern Asset Management Portfolio – Q1 2019 Update

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 10.29%, return on assets is 1.23%, profit margin is 25.58%, price-to-sales is 3.39 and price-to-book is 1.33.

Company Scores:

All scores are out of six:
 1  :Valuation Score
 4  :Past Performance Score
 6  :Financial Strength Score
 1  :Future Growth Score
 4  :Dividend Score
 3  :Overall Score

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John Jones
Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.