Berkshire Hills Bancorp Stock Today
| BHLB Stock | USD 21.76 0.05 0.23% |
Performance0 of 100
| Odds Of DistressLess than 6
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Berkshire Hills is trading at 21.76 as of the 23rd of April 2024, a 0.23 percent increase since the beginning of the trading day. The stock's open price was 21.71. Berkshire Hills has only a 6 % chance of going through financial distress over the next few years, but has generated negative returns over the last 90 days. Equity ratings for Berkshire Hills Bancorp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of July 2023 and ending today, the 23rd of April 2024. Click here to learn more.
Business Domain Banks | IPO Date 28th of June 2000 | Category Financial Services | Classification Financials |
Berkshire Hills Bancorp, Inc. operates as the bank holding company for Berkshire Bank that provides various banking products and services. Berkshire Hills Bancorp, Inc. was founded in 1846 and is headquartered in Boston, Massachusetts. Berkshire Hills operates under BanksRegional classification in the United States and is traded on New York Stock Exchange. The company has 43.41 M outstanding shares of which 850.7 K shares are currently shorted by private and institutional investors with about 3.4 trading days to cover. More on Berkshire Hills Bancorp
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Follow Valuation Options Odds of Bankruptcy
Financial Report 18th of July 2024
Berkshire Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Berkshire Hills' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Berkshire Hills or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Michael Daly | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NYSE Composite, SP Small-Cap 600, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering Berkshire Hills report their recommendations after researching Berkshire Hills' financial statements, talking to executives and customers, or listening in on Berkshire Hills' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Berkshire Hills Bancorp. The Berkshire consensus assessment is calculated by taking the average forecast from all of the analysts covering Berkshire Hills. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the key indicators related to Berkshire Hills' liquidity, profitability, solvency, and operating efficiency, Berkshire Hills Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Berkshire Hills Bancorp is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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Berkshire Hills' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Berkshire Hills' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Berkshire Hills' financial leverage. It provides some insight into what part of Berkshire Hills' total assets is financed by creditors.
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Berkshire Hills Bancorp (BHLB) is traded on New York Stock Exchange in USA. It is located in 60 State Street, Boston, MA, United States, 02109 and employs 61 people. Berkshire Hills is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 942.54 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Berkshire Hills's market, we take the total number of its shares issued and multiply it by Berkshire Hills's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Berkshire Hills Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 43.41 M outstanding shares of which 850.7 K shares are currently shorted by private and institutional investors with about 3.4 trading days to cover.
Berkshire Hills Bancorp currently holds about 694.91 M in cash with 155.08 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 14.54.
Check Berkshire Hills Probability Of Bankruptcy
Ownership AllocationBerkshire Hills Bancorp retains a total of 43.41 Million outstanding shares. The majority of Berkshire Hills Bancorp outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Berkshire Hills Bancorp to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Berkshire Hills. Please pay attention to any change in the institutional holdings of Berkshire Hills Bancorp as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Berkshire Ownership Details
Berkshire Stock Price Odds Analysis
What are Berkshire Hills' target price odds to finish over the current price? Depending on a normal probability distribution, the odds of Berkshire Hills jumping above the current price in 90 days from now is about 67.94%. The Berkshire Hills Bancorp probability density function shows the probability of Berkshire Hills stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.5144 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Berkshire Hills will likely underperform. Additionally, berkshire Hills Bancorp has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Berkshire Hills to move above the current price in 90 days from now is about 67.94 (This Berkshire Hills Bancorp probability density function shows the probability of Berkshire Stock to fall within a particular range of prices over 90 days) .
Berkshire Stock Institutional Holders
Institutional Holdings refers to the ownership stake in Berkshire Hills that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Berkshire Hills' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Berkshire Hills' value.| Instituion | Recorded On | Shares | |
| Boston Partners Global Investors, Inc | 2023-12-31 | 618.2 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 579.5 K | |
| Northern Trust Corp | 2023-12-31 | 540.4 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 525.1 K | |
| American Century Companies Inc | 2023-12-31 | 486.1 K | |
| Nuveen Asset Management, Llc | 2023-12-31 | 433.5 K | |
| Aristotle Capital Boston, Llc | 2023-12-31 | 430.8 K | |
| Holdco Asset Management, L.p. | 2023-12-31 | 401.7 K | |
| Goldman Sachs Group Inc | 2023-12-31 | 389.8 K | |
| Blackrock Inc | 2023-12-31 | 6.3 M | |
| Vanguard Group Inc | 2023-12-31 | 5 M |
Berkshire Hills Historical Income Statement
Berkshire Hills Bancorp Income Statement is one of the three primary financial statements used for reporting Berkshire's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Berkshire Hills Bancorp revenue and expense. Berkshire Hills Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, Berkshire Hills' Depreciation And Amortization is projected to increase significantly based on the last few years of reporting. The current year's Interest Expense is expected to grow to about 53.2 M, whereas Selling General Administrative is forecasted to decline to about 94.6 M. View More FundamentalsBerkshire Stock Against Markets
Picking the right benchmark for Berkshire Hills stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Berkshire Hills stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Berkshire Hills is critical whether you are bullish or bearish towards Berkshire Hills Bancorp at a given time. Please also check how Berkshire Hills' historical prices are related to one of the top price index indicators.
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Berkshire Hills Corporate Directors
Berkshire Hills corporate directors refer to members of a Berkshire Hills board of directors. The board of directors generally takes responsibility for the Berkshire Hills' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Berkshire Hills' board members must vote for the resolution. The Berkshire Hills board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Williar Dunlaevy | Director | Profile | |
| Patrick Sheehan | Independent Director | Profile | |
| Laurie Moffatt | Independent Director | Profile | |
| Cornelius Mahoney | Independent Director | Profile |
How to buy Berkshire Stock?
Before investing in Berkshire Hills, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Berkshire Hills. To buy Berkshire Hills stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Berkshire Hills. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Berkshire Hills stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Berkshire Hills Bancorp stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Berkshire Hills Bancorp stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Berkshire Hills Bancorp, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Berkshire Stock please use our How to Invest in Berkshire Hills guide.
Already Invested in Berkshire Hills Bancorp?
The danger of trading Berkshire Hills Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Berkshire Hills is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Berkshire Hills. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Berkshire Hills Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Berkshire Hills Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Berkshire Hills' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Berkshire Hills Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Berkshire Hills Bancorp Stock: Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Berkshire Hills Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
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When running Berkshire Hills' price analysis, check to measure Berkshire Hills' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Berkshire Hills is operating at the current time. Most of Berkshire Hills' value examination focuses on studying past and present price action to predict the probability of Berkshire Hills' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Berkshire Hills' price. Additionally, you may evaluate how the addition of Berkshire Hills to your portfolios can decrease your overall portfolio volatility.
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Is Berkshire Hills' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Berkshire Hills. If investors know Berkshire will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Berkshire Hills listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.075 | Dividend Share 0.72 | Earnings Share 1.6 | Revenue Per Share 7.53 | Quarterly Revenue Growth (0.53) |
The market value of Berkshire Hills Bancorp is measured differently than its book value, which is the value of Berkshire that is recorded on the company's balance sheet. Investors also form their own opinion of Berkshire Hills' value that differs from its market value or its book value, called intrinsic value, which is Berkshire Hills' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Berkshire Hills' market value can be influenced by many factors that don't directly affect Berkshire Hills' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Berkshire Hills' value and its price as these two are different measures arrived at by different means. Investors typically determine if Berkshire Hills is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Berkshire Hills' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.