The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Brown & Brown, Inc (NYSE: BRO) closed at $102.93 down -2.60% from its previous closing price of $105.68. In other words, the price has decreased by -$2.60 from its previous closing price. On the day, 1.74 million shares were traded. BRO stock price reached its highest trading level at $105.22 during the session, while it also had its lowest trading level at $102.145.
Ratios:
For a deeper understanding of Brown & Brown, Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 10.85 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.69. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.55.
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, Morgan Stanley on December 05, 2024, initiated with a Overweight rating and assigned the stock a target price of $134.
On September 24, 2024, Argus started tracking the stock assigning a Buy rating and target price of $120.
On September 05, 2024, Barclays started tracking the stock assigning a Equal Weight rating and target price of $108.Barclays initiated its Equal Weight rating on September 05, 2024, with a $108 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Nov 26 ’24 when ORMOND RIVERSIDE, L P bought 29,921 shares for $111.75 per share.
BROWN HYATT J sold 389,007 shares of BRO for $43,471,532 on Nov 25 ’24. The Chairman now owns 36,029,921 shares after completing the transaction at $111.75 per share. On Nov 26 ’24, another insider, BROWN HYATT J, who serves as the Chairman of the company, sold 29,921 shares for $111.75 each. As a result, the insider received 3,343,672 and left with 36,000,000 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, BRO now has a Market Capitalization of 30220044288 and an Enterprise Value of 32299696128. As of this moment, Brown’s Price-to-Earnings (P/E) ratio for their current fiscal year is 28.03, and their Forward P/E ratio for the next fiscal year is 25.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.48. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.33 while its Price-to-Book (P/B) ratio in mrq is 4.55. Its current Enterprise Value per Revenue stands at 7.085 whereas that against EBITDA is 21.134.
Stock Price History:
Over the past 52 weeks, BRO has reached a high of $114.15, while it has fallen to a 52-week low of $69.13. The 50-Day Moving Average of the stock is -4.54%, while the 200-Day Moving Average is calculated to be 7.28%.
Shares Statistics:
For the past three months, BRO has traded an average of 1.51M shares per day and 1208370 over the past ten days. A total of 286.00M shares are outstanding, with a floating share count of 236.65M. Insiders hold about 17.24% of the company’s shares, while institutions hold 74.21% stake in the company. Shares short for BRO as of 1732838400 were 3970905 with a Short Ratio of 2.59, compared to 1730332800 on 4508438. Therefore, it implies a Short% of Shares Outstanding of 3970905 and a Short% of Float of 1.66.
Dividends & Splits
According to the company, the forward annual dividend rate for BRO is 0.54, from 0.52 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0049205148The stock’s 5-year Average Dividend Yield is 0.67.
