Franklin Resources Inc. (NYSE:BEN) went down by -0.43% from its latest closing price compared to the recent 1-year high of $30.73. The company’s stock price has collected 1.00% of gains in the last five trading sessions. Press Release reported on 04/01/21 that Templeton Global Income Fund (“GIM”) Announces Its First Monthly Distribution Pursuant to Previously Announced Managed Distribution Plan and Additional Investment Strategies
Is It Worth Investing in Franklin Resources Inc. (NYSE :BEN) Right Now?
Franklin Resources Inc. (NYSE:BEN) scored a price-to-earnings ratio above its average ratio, recording 19.47 x from its present earnings ratio. Plus, the 36-month beta value for BEN is at 1.28. Opinions of the stock are interesting as 2 analysts out of 15 who provided ratings for Franklin Resources Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 7 rated it as “hold,” and 6 as “sell.”
The average price from analysts is $27.32, which is -$3.6 below the current price. BEN currently public float of 288.52M and currently shorts hold a 7.54% ratio of that float. Today, the average trading volume of BEN was 3.65M shares.
BEN’s Market Performance
BEN stocks went up by 1.00% for the week, with a monthly jump of 14.88% and a quarterly performance of 24.94%, while its annual performance rate touched 94.81%. The volatility ratio for the week stands at 2.26% while the volatility levels for the past 30 days are set at 3.09% for Franklin Resources Inc.. The simple moving average for the period of the last 20 days is 4.22% for BEN stocks with a simple moving average of 29.65% for the last 200 days.
Analysts’ Opinion of BEN
Many brokerage firms have already submitted their reports for BEN stocks, with BMO Capital Markets repeating the rating for BEN by listing it as a “Outperform.” The predicted price for BEN in the upcoming period, according to BMO Capital Markets is $36 based on the research report published on March 29th of the current year 2021.
Goldman, on the other hand, stated in their research note that they expect to see BEN reach a price target of $24. The rating they have provided for BEN stocks is “Sell” according to the report published on January 05th, 2021.
Keefe Bruyette gave a rating of “Mkt Perform” to BEN, setting the target price at $23 in the report published on November 23rd of the previous year.
BEN Trading at 9.46% from the 50-Day Moving Average
After a stumble in the market that brought BEN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -1.04% of loss for the given period.
Volatility was left at 3.09%, however, over the last 30 days, the volatility rate increased by 2.26%, as shares surge +14.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.88% upper at present.
During the last 5 trading sessions, BEN rose by +1.00%, which changed the moving average for the period of 200-days by +34.80% in comparison to the 20-day moving average, which settled at $29.38. In addition, Franklin Resources Inc. saw 21.69% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at BEN starting from Plafker Jed A., who sale 20,782 shares at the price of $28.67 back on Mar 24. After this action, Plafker Jed A. now owns 147,219 shares of Franklin Resources Inc., valued at $595,785 using the latest closing price.
Shaneyfelt Gwen L, the Chief Accounting Officer of Franklin Resources Inc., sale 5,000 shares at $30.32 during a trade that took place back on Mar 18, which means that Shaneyfelt Gwen L is holding 68,749 shares at $151,600 based on the most recent closing price.
Stock Fundamentals for BEN
Current profitability levels for the company are sitting at:
- +24.25 for the present operating margin
- +66.68 for the gross margin
The net margin for Franklin Resources Inc. stands at +14.10. The total capital return value is set at 9.43, while invested capital returns managed to touch 6.14. Equity return is now at value 7.60, with 4.30 for asset returns.
Based on Franklin Resources Inc. (BEN), the company’s capital structure generated 49.15 points at debt to equity in total, while total debt to capital is 32.95. Total debt to assets is 24.59, with long-term debt to equity ratio resting at 47.06. Finally, the long-term debt to capital ratio is 31.55.
When we switch over and look at the enterprise to sales, we see a ratio of 2.24, with the company’s debt to enterprise value settled at 0.40. The receivables turnover for the company is 5.45 and the total asset turnover is 0.32.