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The closing price of Broadridge Financial Solutions, Inc. (NYSE: BR) was $190.46 for the day, down -5.41% from the previous closing price of $201.36. In other words, the price has decreased by -$5.41 from its previous closing price. On the day, 0.88 million shares were traded. BR stock price reached its highest trading level at $198.725 during the session, while it also had its lowest trading level at $188.3001.
Ratios:
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 95.21 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.26. For the most recent quarter (mrq), Quick Ratio is recorded 1.40 and its Current Ratio is at 1.39. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.55.
On April 24, 2023, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $169.
On December 14, 2022, Morgan Stanley started tracking the stock assigning a Equal-Weight rating and target price of $160.Morgan Stanley initiated its Equal-Weight rating on December 14, 2022, with a $160 target price.
Insider Transactions:
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 Mar 07 ’24 when DESCHUTTER DOUGLAS RICHARD sold 12,200 shares for $204.71 per share. The transaction valued at 2,497,474 led to the insider holds 32,480 shares of the business.
Duelks Robert N sold 830 shares of BR for $167,311 on Feb 29 ’24. The Director now owns 5,445 shares after completing the transaction at $201.58 per share. On Feb 28 ’24, another insider, Carey Thomas P, who serves as the Corporate VP of the company, sold 12,731 shares for $201.02 each. As a result, the insider received 2,559,131 and left with 13,303 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, BR now has a Market Capitalization of 22430855168 and an Enterprise Value of 27311915008. As of this moment, Broadridge’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.48, and their Forward P/E ratio for the next fiscal year is 22.38. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.50 while its Price-to-Book (P/B) ratio in mrq is 9.91. Its current Enterprise Value per Revenue stands at 4.321 whereas that against EBITDA is 18.706.
Stock Price History:
Over the past 52 weeks, BR has reached a high of $210.24, while it has fallen to a 52-week low of $144.54. The 50-Day Moving Average of the stock is -4.86%, while the 200-Day Moving Average is calculated to be -0.01%.
Shares Statistics:
BR traded an average of 450.39K shares per day over the past three months and 354570 shares per day over the past ten days. A total of 118.10M shares are outstanding, with a floating share count of 116.96M. Insiders hold about 0.69% of the company’s shares, while institutions hold 89.64% stake in the company. Shares short for BR as of 1713139200 were 883223 with a Short Ratio of 1.96, compared to 1710460800 on 1352336. Therefore, it implies a Short% of Shares Outstanding of 883223 and a Short% of Float of 0.86.
Dividends & Splits
With its trailing 12-month dividend rate of 1.45, BR has a forward annual dividend rate of 3.12. Against a Trailing Annual Dividend Yield of 0.007201033The stock’s 5-year Average Dividend Yield is 1.63.
