The price of Broadridge Financial Solutions Inc. (NYSE: BR) closed at $148.17 in the last session, down -1.24% from day before closing price of $150.03. In other words, the price has decreased by -$1.86 from its previous closing price. On the day, 584300 shares were traded. BR stock price reached its highest trading level at $149.91 during the session, while it also had its lowest trading level at $147.33.
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We take a closer look at BR’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 53.03 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 106.26. For the most recent quarter (mrq), Quick Ratio is recorded 1.30 and its Current Ratio is at 1.30. In the meantime, Its Debt-to-Equity ratio is 2.04 whereas as Long-Term Debt/Eq ratio is at 2.04.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 19 when Matlin Laura sold 4,052 shares for $153.73 per share. The transaction valued at 622,913 led to the insider holds 5,825 shares of the business.
Duelks Robert N sold 1,200 shares of BR for $185,214 on May 05. The Director now owns 33,635 shares after completing the transaction at $154.34 per share. On May 04, another insider, KALENKA ROBERT F, who serves as the Corporate Vice President of the company, sold 17,433 shares for $152.63 each. As a result, the insider received 2,660,729 and left with 26,488 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BR now has a Market Capitalization of 18.04B and an Enterprise Value of 22.12B. As of this moment, Broadridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.74, and their Forward P/E ratio for the next fiscal year is 19.70. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.96 while its Price-to-Book (P/B) ratio in mrq is 8.73. Its current Enterprise Value per Revenue stands at 3.72 whereas that against EBITDA is 19.62.
Stock Price History:
Over the past 52 weeks, BR has reached a high of $183.33, while it has fallen to a 52-week low of $131.35. The 50-Day Moving Average of the stock is 146.11, while the 200-Day Moving Average is calculated to be 148.24.
According to the various share statistics, BR traded on average about 582.20K shares per day over the past 3-months and 502.59k shares per day over the past 10 days. A total of 117.70M shares are outstanding, with a floating share count of 116.87M. Insiders hold about 0.60% of the company’s shares, while institutions hold 90.40% stake in the company. Shares short for BR as of Apr 27, 2023 were 2.62M with a Short Ratio of 2.79M, compared to 2.24M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 2.22% and a Short% of Float of 2.53%.
Dividends & Splits
The forward annual dividend rate for BR is 2.90, which was 2.82 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 1.88%, it implies a Forward Annual Dividend Yield of 1.89%. The stock’s 5-year Average Dividend Yield is 1.59.
The company has 7 analysts who recommend its stock at the moment. On average, analysts expect EPS of $3.11 for the current quarter, with a high estimate of $3.16 and a low estimate of $3.08, while EPS last year was $2.65. The consensus estimate for the next quarter is $0.88, with high estimates of $0.93 and low estimates of $0.82.
Analysts are recommending an EPS of between $6.96 and $6.89 for the fiscal current year, implying an average EPS of $6.92. EPS for the following year is $7.52, with 7 analysts recommending between $7.61 and $7.36.
According to 6 analysts, the current quarter’s revenue is expected to be $1.88B. It ranges from a high estimate of $1.91B to a low estimate of $1.86B. As of the current estimate, Broadridge Financial Solutions Inc.’s year-ago sales were $1.72B, an estimated increase of 9.30% from the year-ago figure. For the next quarter, 4 analysts are estimating revenue of $1.35B, an increase of 7.50% less than the figure of $9.30% in the same quarter last year. There is a high estimate of $1.36B for the next quarter, whereas the lowest estimate is $1.34B.
A total of 7 analysts have provided revenue estimates for BR’s current fiscal year. The highest revenue estimate was $6.13B, while the lowest revenue estimate was $6.09B, resulting in an average revenue estimate of $6.11B. In the same quarter a year ago, actual revenue was $5.71B, up 7.00% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $6.48B in the next fiscal year. The high estimate is $6.56B and the low estimate is $6.43B. The average revenue growth estimate for next year is up 6.20% from the average revenue estimate for this year.