Brown & Brown Inc. (NYSE:BRO) went down by -2.35% from its latest closing price compared to the recent 1-year high of $59.46. The company’s stock price has collected -3.49% of loss in the last five trading sessions. Press Release reported on 09/08/21 that Brown & Brown, Inc. joins S&P 500
Is It Worth Investing in Brown & Brown Inc. (NYSE :BRO) Right Now?
Brown & Brown Inc. (NYSE:BRO) scored a price-to-earnings ratio above its average ratio, recording 27.94 x from its present earnings ratio. Plus, the 36-month beta value for BRO is at 0.70. Opinions of the stock are interesting as 2 analysts out of 10 who provided ratings for Brown & Brown Inc. declared the stock was a “buy,” while 1 rated the stock as “overweight,” 7 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $59.43, which is $2.76 above the current price. BRO currently public float of 233.56M and currently shorts hold a 1.53% ratio of that float. Today, the average trading volume of BRO was 1.04M shares.
BRO’s Market Performance
BRO stocks went down by -3.49% for the week, with a monthly jump of 0.63% and a quarterly performance of 5.97%, while its annual performance rate touched 24.20%. The volatility ratio for the week stands at 1.95% while the volatility levels for the past 30 days are set at 1.45% for Brown & Brown Inc.. The simple moving average for the period of the last 20 days is -2.93% for BRO stocks with a simple moving average of 12.10% for the last 200 days.
Analysts’ Opinion of BRO
Many brokerage firms have already submitted their reports for BRO stocks, with Wolfe Research repeating the rating for BRO by listing it as a “Peer Perform.” The predicted price for BRO in the upcoming period, according to Wolfe Research is $61 based on the research report published on August 17th of the current year 2021.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see BRO reach a price target of $54, previously predicting the price at $50. The rating they have provided for BRO stocks is “Outperform” according to the report published on January 19th, 2021.
Goldman gave a rating of “Buy” to BRO, setting the target price at $54 in the report published on January 08th of the current year.
BRO Trading at 1.10% from the 50-Day Moving Average
After a stumble in the market that brought BRO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.65% of loss for the given period.
Volatility was left at 1.45%, however, over the last 30 days, the volatility rate increased by 1.95%, as shares sank -0.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.53% upper at present.
During the last 5 trading sessions, BRO fell by -3.49%, which changed the moving average for the period of 200-days by +22.33% in comparison to the 20-day moving average, which settled at $57.78. In addition, Brown & Brown Inc. saw 18.33% 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 BRO starting from Boyd Stephen M, who sale 7,050 shares at the price of $58.03 back on Aug 25. After this action, Boyd Stephen M now owns 40,225 shares of Brown & Brown Inc., valued at $409,083 using the latest closing price.
PROCTOR H PALMER JR, the Director of Brown & Brown Inc., purchase 2,000 shares at $54.98 during a trade that took place back on Jul 29, which means that PROCTOR H PALMER JR is holding 37,431 shares at $109,960 based on the most recent closing price.
Stock Fundamentals for BRO
Current profitability levels for the company are sitting at:
- +28.58 for the present operating margin
- +94.84 for the gross margin
The net margin for Brown & Brown Inc. stands at +17.80. The total capital return value is set at 13.36, while invested capital returns managed to touch 8.48. Equity return is now at value 14.60, with 6.20 for asset returns.
Based on Brown & Brown Inc. (BRO), the company’s capital structure generated 61.59 points at debt to equity in total, while total debt to capital is 38.12. Total debt to assets is 25.41, with long-term debt to equity ratio resting at 58.57. Finally, the long-term debt to capital ratio is 36.24.
When we switch over and look at the enterprise to sales, we see a ratio of 5.40, with the company’s debt to enterprise value settled at 0.16. The receivables turnover for the company is 2.44 and the total asset turnover is 0.31.