Broadridge Financial Solutions, Inc (NYSE: BR) is 0.85% higher on its value in year-to-date trading and has touched a low of $188.30 and a high of $247.01 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 $242.40 in the last trading session, with the day’s loss setting it -14.39%.
Currently trading at $228.01, the stock is -2.15% and -2.98% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.05 million and changing -5.94% at the moment leaves the stock 1.39% off its SMA200. BR registered 16.16% gain for a year compared to 6-month gain of 6.70%. The firm has a 50-day simple moving average (SMA 50) of $235.0198 and a 200-day simple moving average (SMA200) of $224.88795.
The stock witnessed a -6.83% loss in the last 1 month and extending the period to 3 months gives it a -4.65%, and is -4.25% 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 2.84% over the week and 3.44% over the month.
Broadridge Financial Solutions, Inc (BR) has around 14600 employees, a market worth around $26.68B and $6.68B in sales. Current P/E ratio is 35.67 and Fwd P/E is 24.56. Profit margin for the company is 11.36%. Distance from 52-week low is 21.09% and -7.69% from its 52-week high. The company has generated returns on investments over the last 12 months (12.53%).
with sales reaching $2.07B over the same period.The EPS is expected to grow by 10.51% this year, but quarterly earnings will post 6.63% year-over-year. Quarterly sales are estimated to grow 6.24% in year-over-year returns.
1442.0 institutions hold shares in Broadridge Financial Solutions, Inc (BR), with institutional investors hold 93.01% of the company’s shares. The shares outstanding are 117.00M, and float is at 116.35M with Short Float at 1.08%. Institutions hold 92.43% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 14.29 million shares valued at $2.81 billion. The investor’s holdings represent 12.1369 of the BR Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 10.13 million shares valued at $1.99 billion to account for 8.6037 of the shares outstanding. The other top investors are MORGAN STANLEY which holds 5.72 million shares representing 4.8568 and valued at over $1.13 billion, while STATE STREET CORP holds 4.3588 of the shares totaling 5.13 million with a market value of $1.01 billion.
Broadridge Financial Solutions, Inc (BR) Insider Activity
The most recent transaction is an insider sale by Gokey Timothy C, the company’s CEO. SEC filings show that Gokey Timothy C sold 11,724 shares of the company’s common stock on Apr 02 ’25 at a price of $245.07 per share for a total of $2.87 million. Following the sale, the insider now owns 0.14 million shares.
Still, SEC filings show that on Mar 10 ’25, Gokey Timothy C (CEO) disposed off 95,956 shares at an average price of $235.43 for $22.59 million. The insider now directly holds 169,788 shares of Broadridge Financial Solutions, Inc (BR).
