Blue Foundry Bancorp (BLFY) vs. Its Competitors Head-To-Head Analysis

Blue Foundry Bancorp (NASDAQ:BLFY) is one of 919 publicly-traded companies in the “Banks” industry, but how does it contrast to its peers? We will compare Blue Foundry Bancorp to similar companies based on the strength of its earnings, risk, institutional ownership, dividends, profitability, analyst recommendations and valuation.

Volatility and Risk

Blue Foundry Bancorp has a beta of 0.55, indicating that its stock price is 45% less volatile than the S&P 500. Comparatively, Blue Foundry Bancorp’s peers have a beta of 0.61, indicating that their average stock price is 39% less volatile than the S&P 500.

Profitability

This table compares Blue Foundry Bancorp and its peers’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Blue Foundry Bancorp	-9.82%	-2.84%	-0.44%
Blue Foundry Bancorp Competitors	15.65%	9.44%	0.93%

Earnings and Valuation

This table compares Blue Foundry Bancorp and its peers gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Blue Foundry Bancorp	$49.07 million	-$11.91 million	-28.78
Blue Foundry Bancorp Competitors	$139.38 billion	$2.42 billion	21.06

Blue Foundry Bancorp’s peers have higher revenue and earnings than Blue Foundry Bancorp. Blue Foundry Bancorp is trading at a lower price-to-earnings ratio than its peers, indicating that it is currently more affordable than other companies in its industry.

Institutional & Insider Ownership

56.5% of Blue Foundry Bancorp shares are held by institutional investors. Comparatively, 47.9% of shares of all “Banks” companies are held by institutional investors. 5.3% of Blue Foundry Bancorp shares are held by insiders. Comparatively, 9.7% of shares of all “Banks” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Blue Foundry Bancorp and its peers, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Blue Foundry Bancorp	1	0	0	0	1.00
Blue Foundry Bancorp Competitors	7483	30222	27804	1478	2.35

As a group, “Banks” companies have a potential upside of 16.29%. Given Blue Foundry Bancorp’s peers stronger consensus rating and higher probable upside, analysts plainly believe Blue Foundry Bancorp has less favorable growth aspects than its peers.

Summary

Blue Foundry Bancorp peers beat Blue Foundry Bancorp on 12 of the 13 factors compared.

About Blue Foundry Bancorp

Blue Foundry Bancorp operates as a bank holding company for Blue Foundry Bank, a savings bank that offers various banking products and services for individuals and businesses in the United States. The company offers saving, time, and non-interest bearing deposits; demand accounts; and loans, such as one-to-four family residential property, multi-family, residential real estate, non-residential real estate, consumer, construction, and commercial and industrial loans, as well as junior liens and home equity lines of credit. The company was formerly known as Boiling Springs Bancorp and changed its name to Blue Foundry Bancorp in July 2019. Blue Foundry Bancorp was founded in 1939 and is based in Rutherford, New Jersey.