Workflow
BrightSphere Investment (BSIG)
icon
Search documents
Is the Options Market Predicting a Spike in BrightSphere (BSIG) Stock?
ZACKS· 2024-09-19 13:10
Investors in BrightSphere Investment Group Inc. (BSIG) need to pay close attention to the stock based on moves in the options market lately. That is because the Oct 18, 2024 $22.50 Put had some of the highest implied volatility of all equity options today. What is Implied Volatility? Implied volatility shows how much movement the market is expecting in the future. Options with high levels of implied volatility suggest that investors in the underlying stocks are expecting a big move in one direction or the o ...
New Analysts Initiate Coverage: 3 Stock to Watch
ZACKS· 2024-08-13 13:50
Group 1 - The initiation of coverage by analysts can significantly benefit investors and influence financial markets, as analysts provide critical insights into a company's financial health and industry trends [1] - Stocks like Compania de Minas Buenaventura S.A.A. (BVN), BrightSphere Investment Group Inc. (BSIG), and ServisFirst Bancshares, Inc. (SFBS) have recently gained attention from analysts, indicating potential investment opportunities [2] - New analyst coverage often leads to gradual upward price movements for stocks, with positive recommendations resulting in more substantial price reactions compared to negative ones [3] Group 2 - Investors tend to pay more attention to stocks with new analyst recommendations, which can prompt portfolio managers to build positions based on fresh insights [4] - It is advisable to consider the average change in broker recommendations rather than focusing on a single recommendation change, as multiple upgrades and increased coverage are significant indicators of a stock's potential [5] - A prudent investment strategy should focus on the number of analyst recommendations that have increased recently, providing insights into overall sentiment and potential stock trajectory [6] Group 3 - Screening criteria for identifying promising stocks include having a greater number of broker ratings than four weeks ago and an average broker rating that is better than four weeks ago [7] - Additional screening parameters include a stock price of at least $5 and an average daily volume of at least 100,000 shares to attract investor interest [8] Group 4 - Compania de Minas Buenaventura S.A.A. (BVN) has seen an 83.4% share price increase over the past year, outperforming the industry average of 34.3% [9] - BrightSphere Investment Group Inc. (BSIG) shares have gained 12.3% over the past year, with EPS estimates rising to $2.31 for 2024, reflecting analysts' optimism [10] - ServisFirst Bancshares, Inc. (SFBS) shares have increased by 21.4% over the past year, contrasting with a 5.4% decline in the industry [11]
BrightSphere Investment (BSIG) - 2024 Q2 - Quarterly Report
2024-08-08 12:05
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38979 BrightSphere Investment Group Inc. (Exact name of registrant as specified in its charter) Delaware 47-11 ...
BrightSphere Investment (BSIG) - 2024 Q2 - Earnings Call Transcript
2024-08-02 00:41
BrightSphere Investment Group Inc. (NYSE:BSIG) Q2 2024 Earnings Conference Call August 1, 2024 11:00 AM ET Company Participants Melody Huang - Senior Vice President, Director of Finance and Investor Relations Suren Rana - President and Chief Executive Officer Conference Call Participants Michael Cyprys - Morgan Stanley Kenneth Lee - RBC Capital Markets John Dunn - Evercore ISI Operator Welcome to the BrightSphere Investment Group Earnings Conference Call and Webcast for the Second Quarter 2024. During the c ...
BrightSphere Investment (BSIG) - 2024 Q2 - Earnings Call Presentation
2024-08-01 23:42
Contact: Investor Relations ir@bsig.com (617) 369-7300 Exhibit 99.1 BrightSphere Reports Financial and Operating Results for the Second Quarter Ended June 30, 2024 • U.S. GAAP earnings per share of $0.29 for the quarter, compared to $0.27 for Q2'23 • U.S. GAAP net income attributable to controlling interests of $11.0 million for the quarter, compared to $11.4 million for Q2'23 • ENI earnings per share of $0.45 for the quarter, compared to $0.28 for Q2'23 • AUM of $112.6 billion at June 30, 2024 compared to ...
BrightSphere Investment Group (BSIG) Tops Q2 Earnings and Revenue Estimates
ZACKS· 2024-08-01 13:47
BrightSphere Investment Group (BSIG) came out with quarterly earnings of $0.45 per share, beating the Zacks Consensus Estimate of $0.43 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4.65%. A quarter ago, it was expected that this asset manager would post earnings of $0.34 per share when it actually produced earnings of $0.44, delivering a surprise of 29.41%. Over the last four q ...
BrightSphere Investment (BSIG) - 2024 Q2 - Quarterly Results
2024-08-01 11:37
Contact: Investor Relations ir@bsig.com (617) 369-7300 Exhibit 99.1 BrightSphere Reports Financial and Operating Results for the Second Quarter Ended June 30, 2( . . . . . U.S. GAAP earnings per share of $0.29 for the quarter, compared to $0.27 for Q2'23 U.S. GAAP net income attributable to controlling interests of $11.0 million for the quarter, compared to $11.4 million f ENI earnings per share of $0.45 for the quarter, compared to $0.28 for Q2'23 AUM of $112.6 billion at June 30, 2024 compared to $110.4 b ...
BrightSphere Investment Group (BSIG) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
ZACKS· 2024-07-25 15:07
Zacks Consensus Estimate Investors should keep in mind that the direction of estimate revisions by each of the covering analysts may not always get reflected in the aggregate change. While the sustainability of the immediate price change and future earnings expectations will mostly depend on management's discussion of business conditions on the earnings call, it's worth handicapping the probability of a positive EPS surprise. Estimate Revisions Trend Estimate revisions ahead of a company's earnings release ...
Has BrightSphere Investment Group (BSIG) Outpaced Other Finance Stocks This Year?
ZACKS· 2024-07-23 14:40
For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is BrightSphere Investment Group (BSIG) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out. Within the past quarter, the Zacks Consensus Estimate for BSIG's full-year earnings has moved 4.1% higher. This is a sign of improving analyst sentiment and a positive earnings outlook trend. The consensus estimate for BankUnit ...
3 Stocks in Focus as New Analysts Initiate Coverage
ZACKS· 2024-07-23 14:05
To create a prudent investment strategy, it's worthwhile to concentrate on the number of analyst recommendations that have increased in recent weeks. This approach can offer valuable insights into the overall sentiment and potential trajectory of a stock, helping investors make well-informed decisions. Sensus Healthcare: Headquartered in Boca Raton, FL, this company specializes in manufacturing and selling radiation therapy devices to healthcare providers around the globe. SRTS' shares have rallied 173.3% y ...