Broadridge Financial Solutions, Inc. (NYSE: BR) is 1.57% higher on its value in year-to-date trading and has touched a low of $166.73 and a high of $223.81 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BR stock was last observed hovering at around $209.65 in the last trading session, with the day’s loss setting it -0.66%.
Currently trading at $208.99, the stock is -0.77% and 2.27% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.76 million and changing -0.31% at the moment leaves the stock 5.29% off its SMA200. BR registered 15.56% gain for a year compared to 6-month gain of 6.37%.
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The stock witnessed a 0.50% loss in the last 1 month and extending the period to 3 months gives it a 3.40%, and is -3.26% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.65% over the week and 2.43% over the month.
Broadridge Financial Solutions, Inc. (BR) has around 14600 employees, a market worth around $24.39B and $6.51B in sales. Current P/E ratio is 35.63 and Fwd P/E is 22.36. Profit margin for the company is 10.73%. Distance from 52-week low is 25.35% and -6.62% from its 52-week high. The company has generated returns on investments over the last 12 months (12.23%).
Broadridge Financial Solutions, Inc. quarterly earnings per share for the current quarter are estimated at 0.99 with sales reaching $1.49B over the same period.The EPS is expected to grow by 10.00% this year, but quarterly earnings will post 6.90% year-over-year.
1274.0 institutions hold shares in Broadridge Financial Solutions, Inc. (BR), with institutional investors hold 94.73% of the company’s shares. The shares outstanding are 116.70M, and float is at 115.92M with Short Float at 0.88%. Institutions hold 94.10% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 13.99 million shares valued at $$2.87 billion. The investor’s holdings represent 11.8872 of the BR Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 9.72 million shares valued at $$1.99 billion to account for 8.2609 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 6.02 million shares representing 5.1122 and valued at over $$1.23 billion, while STATE STREET CORP holds 4.1494 of the shares totaling 4.88 million with a market value of $$1.0 billion.
Broadridge Financial Solutions, Inc. (BR) Insider Activity
The most recent transaction is an insider sale by PERRY CHRISTOPHER JOHN, the company’s President. SEC filings show that PERRY CHRISTOPHER JOHN sold 200 shares of the company’s common stock on Aug 15 ’24 at a price of $210.15 per share for a total of $42030.0. Following the sale, the insider now owns 67231.0 shares.
Still, SEC filings show that on Aug 14 ’24, PERRY CHRISTOPHER JOHN (President) disposed off 31,539 shares at an average price of $207.37 for $6.54 million. The insider now directly holds 67,215 shares of Broadridge Financial Solutions, Inc. (BR).
