The closing price of Broadridge Financial Solutions Inc. (NYSE: BR) was $147.10 for the day, up 1.73% from the previous closing price of $144.60. In other words, the price has increased by $+2.50 from its previous closing price. On the day, 922849 shares were traded. BR stock price reached its highest trading level at $148.40 during the session, while it also had its lowest trading level at $145.80.
Our analysis of BR’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 75.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 366.17. For the most recent quarter (mrq), Quick Ratio is recorded 1.20 and its Current Ratio is at 1.20. In the meantime, Its Debt-to-Equity ratio is 2.13 whereas as Long-Term Debt/Eq ratio is at 2.13.
Upgrades & Downgrades
On February 03, 2021, BTIG Research Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $176.
On December 18, 2020, Truist started tracking the stock assigning a Buy rating and target price of $175.Truist initiated its Buy rating on December 18, 2020, with a $175 target price.
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 26 when DALY RICHARD J sold 1,985 shares for $176.34 per share. The transaction valued at 350,035 led to the insider holds 0 shares of the business.
DALY RICHARD J sold 72,983 shares of BR for $12,797,449 on Aug 26. The Executive Chairman now owns 143,170 shares after completing the transaction at $175.35 per share. On Aug 19, another insider, PERRY CHRISTOPHER JOHN, who serves as the President of the company, sold 3,702 shares for $176.28 each. As a result, the insider received 652,577 and left with 72,810 shares of the company.
As of this moment, Broadridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.40, and their Forward P/E ratio for the next fiscal year is 19.52. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.83. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.94 while its Price-to-Book (P/B) ratio in mrq is 9.08.
Stock Price History:
Over the past 52 weeks, BR has reached a high of $185.40, while it has fallen to a 52-week low of $131.35. The 50-Day Moving Average of the stock is 147.37, while the 200-Day Moving Average is calculated to be 150.79.
BR traded an average of 593.41K shares per day over the past three months and 640.85k shares per day over the past ten days. A total of 117.50M shares are outstanding, with a floating share count of 116.85M. Insiders hold about 0.60% of the company’s shares, while institutions hold 90.50% stake in the company. Shares short for BR as of Oct 13, 2022 were 1.78M with a Short Ratio of 1.74M, compared to 1.72M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.15% and a Short% of Float of 1.27%.
Dividends & Splits
With its trailing 12-month dividend rate of 2.23, BR has a forward annual dividend rate of 2.90. Against a Trailing Annual Dividend Yield of 1.54%, it implies a Forward Annual Dividend Yield of 2.00%. The stock’s 5-year Average Dividend Yield is 1.54.
The firm’s stock currently is rated by 5 analysts. On average, analysts expect EPS of $0.87 for the current quarter, with a high estimate of $0.93 and a low estimate of $0.82, while EPS last year was $1.07. The consensus estimate for the next quarter is $0.95, with high estimates of $1.01 and low estimates of $0.83.
Analysts are recommending an EPS of between $7.07 and $6.88 for the fiscal current year, implying an average EPS of $7.01. EPS for the following year is $7.64, with 5 analysts recommending between $7.84 and $7.46.
A total of 6 analysts have provided revenue estimates for BR’s current fiscal year. The highest revenue estimate was $6.17B, while the lowest revenue estimate was $6.09B, resulting in an average revenue estimate of $6.12B. In the same quarter a year ago, actual revenue was $5.71B, up 7.20% from the average estimate. Based on 5 analysts’ estimates, the company’s revenue will be $6.43B in the next fiscal year. The high estimate is $6.54B and the low estimate is $6.29B. The average revenue growth estimate for next year is up 5.10% from the average revenue estimate for this year.