Franklin Resources, Inc (BEN)’s Day in Review: Closing at 19.97, Down by -0.84

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After finishing at $20.14 in the prior trading day, Franklin Resources, Inc (NYSE: BEN) closed at $19.97, down -0.84%. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 4.59 million shares were traded. BEN stock price reached its highest trading level at $20.675 during the session, while it also had its lowest trading level at $19.96.

Ratios:

Our goal is to gain a better understanding of BEN by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 2.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.33. In the meantime, Its Debt-to-Equity ratio is 1.05 whereas as Long-Term Debt/Eq ratio is at 1.04.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wells Fargo on September 12, 2024, initiated with a Equal Weight rating and assigned the stock a target price of $20.

On August 27, 2024, Barclays started tracking the stock assigning a Underweight rating and target price of $20.

Wells Fargo Upgraded its Underweight to Equal Weight on January 08, 2024, whereas the target price for the stock was revised from $24 to $30.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 16 ’24 when FRANKLIN RESOURCES INC sold 2,209 shares for $46.04 per share. The transaction valued at 101,707 led to the insider holds 28,000 shares of the business.

FRANKLIN RESOURCES INC sold 2,610 shares of BEN for $123,795 on Dec 10 ’24. The Affiliate of Investment Adv now owns 32,909 shares after completing the transaction at $47.43 per share. On Oct 16 ’24, another insider, FRANKLIN RESOURCES INC, who serves as the Affiliate of Investment Adv of the company, sold 8,467 shares for $43.69 each. As a result, the insider received 369,943 and left with 51,019 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BEN now has a Market Capitalization of 10457649152 and an Enterprise Value of 13039266816. As of this moment, Franklin’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.19, and their Forward P/E ratio for the next fiscal year is 7.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.23 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 1.538 whereas that against EBITDA is 7.723.

Stock Price History:

Over the past 52 weeks, BEN has reached a high of $30.32, while it has fallen to a 52-week low of $18.94. The 50-Day Moving Average of the stock is -6.40%, while the 200-Day Moving Average is calculated to be -12.05%.

Shares Statistics:

The stock has traded on average 4.19M shares per day over the past 3-months and 3835070 shares per day over the last 10 days, according to various share statistics. A total of 523.60M shares are outstanding, with a floating share count of 280.59M. Insiders hold about 46.42% of the company’s shares, while institutions hold 45.14% stake in the company. Shares short for BEN as of 1732838400 were 26171196 with a Short Ratio of 6.24, compared to 1730332800 on 27481441. Therefore, it implies a Short% of Shares Outstanding of 26171196 and a Short% of Float of 8.37.

Dividends & Splits

In the trailing 12 months, BEN’s forward annual dividend rate was 1.24, compared to 1.24 this year. Against a Trailing Annual Dividend Yield of 0.06156902The stock’s 5-year Average Dividend Yield is 4.58.

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