BAM stock: buy or sell?

BAM stock price: $57.23 -0.42% At close on November 19th, 2019

Updated on:
November 19th, 2019

4

After several days of continuous hikes in past weeks, Brookfield Asset Management decreased -0.42% to $57.23.

Brookfield Asset Management Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm invests in the property, power, and infrastructure sectors.

Should I buy BAM stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. Having a trading strategy helps to make decisions easier, quicker and with less hesitations. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.

These 2 buy setups are elegible for Brookfield Asset Management stock right now:

Buy setupElegible
New all-time highYes
New 52 week highYes
Price crossing up 200d MANo
100d MA crossing up 200d MANo

Is Brookfield Asset Management stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 10 ratings published for BAM stock in the last month.

The general sentiment of these ratings is bullish for BAM stock, with 10 positive ratings.
Is BAM a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-9-27Royal Bank of Canadan/aOutperform
2019-9-27Royal Bank of Canadan/aOutperform
2019-9-27Citigroupn/aBuy
2019-8-9TD Securitiesn/aBuy
2019-8-9BMO Capital Marketsn/aOutperform
2019-8-12Royal Bank of Canadan/aOutperform
2019-7-9Citigroupn/aBuy
2019-4-5BMO Capital Marketsn/aBuy
2019-2-19Royal Bank of Canadan/aOutperform
2019-2-15TD Securitiesn/aBuy

BAM stock analysis

Daily outlook

After climbing to all-time highs several times in past weeks, Brookfield Asset Management decreased -0.42% to $57.23.

Brookfield Asset Management decreased -0.42% to $57.23 after marking all time highs on Thursday. On Thursday, BAM hit new all time highs, pushing higher previous ATH of $57.33 recorded on Wednesday. New ATHs are usual entry points for many trading setups as there aren't higher resistences. For the last 41 days when BAM stock price broke up the SMA50d line, it gained $6.19 (12.13%).

BAM stock chart (daily)

Weekly outlook

After climbing for 4 weeks, this week Brookfield Asset Management stayed constant a lame -0.33%, closing at $57.23. Late September BAM collapsed a godawful -5.08% in just one week.

In a weekly time frame, Brookfield Asset Management stock is drawing an uptrend with rising tops and bottoms. Now trading in between its last bottom and last top, BAM might consolidate in a flat-base, waiting to break out over or down under . Not so far away is the last all-time high Brookfield Asset Management marked last week. Since mid January when BAM stock price broke up the SMA40w line, it gained $16.96 (42.12%).

BAM stock chart (weekly)

BAM stock price history

BAM stock went public on December 30th, 1983 with a price of $0.111. Since then, BAM stock surged a 51,927.30%, with a yearly average of 1,483.60%. If you had invested $1,000 in BAM stock in 1983, it would worth $519,273.00 today.

1: Adjusted price after possible price splits or reverse-splits.

BAM stock historical price chart

BAM stock reached all-time highs on Thursday with a price of $58.10.

BAM stock price target is $58.10

How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We detected 9 price predictions for BAM stock published in the last month:
BAM stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-9-27Royal Bank of CanadaReiterates$54.00$57.005.6%
2019-9-27Royal Bank of CanadaRaises Target$54.00$57.005.6%
2019-9-27CitigroupRaises Target$56.00$62.5011.6%
2019-8-9TD SecuritiesRaises Target$63.00$67.006.3%
2019-8-9BMO Capital MarketsRaises Target$55.00$59.007.3%
2019-8-12Royal Bank of CanadaRaises Target$50.00$54.008%
2019-7-9CitigroupRaises Target$54.00$56.003.7%
2019-2-19Royal Bank of CanadaRaises Target$47.00$48.002.1%
2019-2-15TD SecuritiesRaises Target$57.00$62.008.8%
(in average)$54.40$58.107.0%
Moving in a range from $67.00 and $48.00, the price prediction for Brookfield Asset Management stock is $58.10. In average, analysts' outlook on BAM price target is positive, increasing the target by a 7.00% from previous estimations.

Financials and fundamental analysis

Earnings date and Earnings per Share

After presenting its last earnings report on February, Brookfield Asset Management . As soon as we get its posted EPS from the earnings report, we will extend this review.
BAM earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.08n/a
2017-Q2-n/a0.19n/a
2017-Q3-n/a0.2n/a
2017-Q4-n/an/an/a
2018-Q12018-05-10n/a1.16n/a
2018-Q22018-08-09n/a0.77n/a
2018-Q32018-11-08n/a1.07n/a
2018-Q42019-02-14n/a1.35n/a
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw an amazing gain of 39.19% to $56,771.00 million dollars. In contrast, its profit margin (compared to sales) raised to 6.31%, that is $3,584.00 million.

BAM annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$21,460 M-$2,180 M10.2%-
2014$18,364 M-14.43%$3,110 M16.9%42.66%
2015$19,913 M8.43%$2,341 M11.8%-24.73%
2016$24,411 M22.59%$1,651 M6.8%-29.47%
2017$40,786 M67.08%$1,462 M3.6%-11.45%
2018$56,771 M39.19%$3,584 M6.3%145.14%

Quarterly financial results

Brookfield Asset Management posted $16,006.00 million in revenues for 2018-Q4, a 7.73% improvement compared to previous quarter. Reported quarter earnings marked $1,884.00 million with a profit margin of 11.77%. Profit margin boosted a 10.67% compared to previous quarter when profit margin was 1.10%. When comparing turnover to same quarter last year, Brookfield Asset Management sales marked an extraordinary gain and climbed a 22.51%. Looking back to recent quarterly results, Brookfield Asset Management posted 3 negative quarters in a row.
BAM quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$7,940 M-$-49 M-0.6%-
2017-Q2$12,700 M59.95%$303 M2.4%-717.81%
2017-Q3$12,276 M-3.34%$228 M1.9%-24.64%
2017-Q4$13,065 M6.43%$1,046 M8.0%358.77%
2018-Q1$12,631 M-3.32%$857 M6.8%-18.07%
2018-Q2$13,276 M5.11%$680 M5.1%-20.65%
2018-Q3$14,858 M11.92%$163 M1.1%-76.03%
2018-Q4$16,006 M7.73%$1,884 M11.8%1,055.83%

Brookfield Asset Management ownership

When you are planning to invest in a company, it's worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Brookfield Asset Management, of all outstanding shares are owned by its staff.

Bearish positions for BAM stock account 0.00%, no big difference from last month.

For a better understanding, the following table shows ownership data compared to other related companies:

BAMBLKBPY
Market cap$56.9 B$76.2 B$8.5 B
Total shares994.7 M154.6 M439.4 M
Float shares842.8 M151.5 M348.7 M
  - Institutional holdings (%)0.0%83.5%68.8%
  - Insider holdings (%)0.0%3.8%0.9%
Shares in short selling0.0%0.0%0.0%

BAM summary

Tuesday, November 19th, 2019
Open$57.51
Close$57.23
Day range$56.90 - $57.74
Previous close$57.47
Session gain-0.42%
Average true range$0.71
50d mov avg$54.11
100d mov avg$51.99
200d mov avg$49.14
Daily pattern
Weekly pattern lt06a

Brookfield Asset Management performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. For Brookfield Asset Management, the benchmark is made against BlackRock and Brookfield Property Partners.
Stock3m6m12m
BAMBrookfield Asset ...13.48%23.13%35.36%
BLKBlackRock21.97%14.87%24.99%
BPYBrookfield Proper...4.99%1.74%14.24%

Brookfield Asset Management competitors

Creating a list of competitors for Brookfield Asset Management it's tough. We selected 2 public companies that are related to and can be considered as competitors of Brookfield Asset Management:

Latest BAM stock news