BAM stock: buy or sell?

BAM stock price: $68.08 -0.31% At close on February 21st, 2020

Updated on:
February 21st, 2020

4

Brookfield Asset Management shares peaked new all time highs again on Feb 21st, marking to $68.41. Shares ended at $68.08 and stayed steady -0.31%.

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?

Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

These 2 buy setups work for Brookfield Asset Management stock 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?

Banks and financial institutions publish stock ratings everyday. Unfortunately, we couldn't find any rating for BAM stock for the last month.

BAM stock analysis

Daily outlook

Even closing lower ($68.08, -0.31%), Brookfield Asset Management reached new all time high at $68.41.

Brookfield Asset Management shares set new all time highs again on February 21st, marking to $68.41. Shares ended at $68.08 and stayed constant -0.31%. Since price and SMA50d lines crossed up on October, BAM climbed $17.32 (34.12%).

BAM stock chart (daily)

Weekly outlook

Brookfield Asset Management shares set new all time highs again this week, marking to $68.41. Shares ended at $68.08 and remained constant 0.18% during the week. Last week BAM skyrocketed an exceptional 6.36% in just one week. Counting this, it's been 3 green weeks in a row, gaining $6.87 or 11.01%.

BAM shows a strong mid-term uptrend with several rising tops and rising bottoms. Since its last bottom late December 2019, BAM climbed unceasignly breaking out to new all time highs. Since early June 2019 when BAM stock price broke up the SMA20w line, it gained $22.62 (49.76%).

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 61,790.90%, with an average of 1,716.40% per year. If you had invested $1,000 in BAM stock in 1983, it would worth $617,909.00 today.

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

BAM stock historical price chart

BAM stock reached all-time highs on February 21st with a price of $68.41.

BAM stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. 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. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not found any price prediction for Brookfield Asset Management stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After publishing its last earnings report , 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

In 2018, Brookfield Asset Management annual turnover rocketed a dazzling 39.19% to $56,771.00 million dollars from $40,786.00 marked in 2017. When comparing 2018 vs 2017, instead, profit margin (that is, the net income divided by revenues) inched a 2.73% to 6.31%.

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 reported $16,006.00 million in sales for 2018-Q4, a 7.73% improvement compared to previous quarter. Reported quarter earnings marked $1,884.00 M with a profit margin of 11.77%. Profit margin climbed a 10.67% compared to previous quarter when profit margin was 1.10%. When comparing sales to same quarter last year, Brookfield Asset Management sales marked an astounding gain and boosted 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 buy shares of a stock, it's worth to review its ownership structure.

Brookfield Asset Management shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a of all shares.

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

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

BAM
Market cap$71.5 B
Total shares1,050.0 M
Float shares890.5 M
  - Institutional holdings (%)0.0%
  - Insider holdings (%)0.0%
Shares in short selling0.0%

BAM summary

Friday, February 21st, 2020
Open$68.24
Close$68.08
Day range$67.40 - $68.41
Previous close$68.29
Session gain-0.31%
Average true range$1.08
50d mov avg$61.04
100d mov avg$58.00
200d mov avg$53.51
Daily pattern
Weekly pattern lb03c

Brookfield Asset Management performance

To better understand Brookfield Asset Management performance you must compare its gains with other related stocks in same sector or industry. For Brookfield Asset Management, the benchmark is made against .
Stock3m6m12m
BAMBrookfield Asset ...19.90%35.75%55.58%

Brookfield Asset Management competitors

Unfortunately, we could not find any public company that could be defined as Brookfield Asset Management competitor. This doesn't mean Brookfield Asset Management does not have any competitor in the market, it's just we could not detected it.

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