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Blue Foundry Bancorp (NASDAQ:BLFY) shareholders have endured a 11% loss from investing in the stock a year ago

·3-min read

It's understandable if you feel frustrated when a stock you own sees a lower share price. But sometimes a share price fall can have more to do with market conditions than the performance of the specific business. Over the year the Blue Foundry Bancorp (NASDAQ:BLFY) share price fell 11%. However, that's better than the market's overall decline of 12%. Blue Foundry Bancorp hasn't been listed for long, so although we're wary of recent listings that perform poorly, it may still prove itself with time.

With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies.

See our latest analysis for Blue Foundry Bancorp

Because Blue Foundry Bancorp made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. When a company doesn't make profits, we'd generally expect to see good revenue growth. Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.

Blue Foundry Bancorp grew its revenue by 23% over the last year. We think that is pretty nice growth. Considering the limp overall market, the share price loss of 11% over the year isn't too bad. We'd venture the revenue growth helped inspire some faith from holders. So growth investors might like to put this one on the watchlist to see if revenue keeps trending in the right direction.

The graphic below depicts how earnings and revenue have changed over time (unveil the exact values by clicking on the image).

earnings-and-revenue-growth
earnings-and-revenue-growth

It's good to see that there was some significant insider buying in the last three months. That's a positive. That said, we think earnings and revenue growth trends are even more important factors to consider. So we recommend checking out this free report showing consensus forecasts

A Different Perspective

Blue Foundry Bancorp shareholders are down 11% over twelve months. That's reasonably close to the the market return of -12%. Unfortunately, last year's performance may indicate unresolved challenges, and the share price has continued to drop, down 4.0% over the last three months. It's not uncommon to see companies without long term track records disappoint shareholders. If you want to research this stock further, the data on insider buying is an obvious place to start. You can click here to see who has been buying shares - and the price they paid.

If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: insiders have been buying them).

Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on US exchanges.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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