Buy tech sell-off, Wedbush’s Ives says: ’this is a 1996 moment, not 1999’
Bread Financial Holdings Inc (BFH) stock reached a significant milestone by hitting a 52-week high of $67.41, with InvestingPro data showing the stock trading at fair value. This achievement marks a positive trajectory for the company, reflecting a robust performance over the past year, supported by management’s aggressive share buybacks and a P/E ratio of 11.24x. The stock’s 1-year change stands at an impressive 21.92%, with an even stronger 32.57% gain over the past six months. This rise can be attributed to various factors, including strategic business decisions and favorable market conditions, which have bolstered investor confidence and contributed to the stock’s recent peak. InvestingPro analysis reveals additional positive indicators, with 6 analysts recently revising earnings upward for the upcoming period. Discover more insights and 8 additional ProTips with an InvestingPro subscription.
In other recent news, Bread Financial Holdings, Inc. reported its second-quarter 2025 earnings with an adjusted earnings per share (EPS) of $3.15, significantly exceeding analysts’ projections of $1.92. However, the company’s revenue of $929 million did not meet the expected $939.84 million, showing a 1% decrease compared to the previous year. Additionally, Bread Financial announced a new $200 million share repurchase program, which the company can adjust based on market conditions and other factors. In a performance update, Bread Financial revealed improved credit metrics for July 2025, with the net loss rate decreasing to 7.6% from 8.0% in the same month last year. The net principal losses also fell to $114 million from $120 million year-over-year. These recent developments reflect the company’s efforts to manage financial performance and shareholder value.
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