Broadridge Financial Solutions, Inc. (NYSE: BR) has experienced a rise in its stock price by 0.19 compared to its previous closing price of 208.59. However, the company has seen a fall of -0.73% in its stock price over the last five trading days. prnewswire.com reported 2024-09-17 that Aspire Leaderboard placements highlight Broadridge’s strength in driving strategic communications experience and direction for customers globally NEW YORK, Sept. 17, 2024 /PRNewswire/ — Broadridge Financial Solutions, Inc. (NYSE: BR), a global Fintech leader, today announced it has been recognized, for the third year in a row, as a leading strategic communications and customer experience services provider in the 2024 Customer Communications Management (CCM) to Customer Experience Management (CXM) Aspire Leaderboard™.
Is It Worth Investing in Broadridge Financial Solutions, Inc. (NYSE: BR) Right Now?
Broadridge Financial Solutions, Inc. (NYSE: BR) has a price-to-earnings ratio that is above its average at 35.63x. The stock has a 36-month beta value of 1.06. Opinions on the stock are mixed, with 1 analysts rating it as a “buy,” 0 as “overweight,” 5 as “hold,” and 0 as “sell.”
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The public float for BR is 115.85M, and at present, short sellers hold a 1.18% of that float. On September 20, 2024, the average trading volume of BR was 546.68K shares.
BR’s Market Performance
BR’s stock has seen a -0.73% decrease for the week, with a -0.24% drop in the past month and a 4.53% gain in the past quarter. The volatility ratio for the week is 1.50%, and the volatility levels for the past 30 days are at 1.48% for Broadridge Financial Solutions, Inc.. The simple moving average for the past 20 days is -0.91% for BR’s stock, with a 3.39% simple moving average for the past 200 days.
Analysts’ Opinion of BR
RBC Capital Mkts, on the other hand, stated in their research note that they expect to see BR reach a price target of $169. The rating they have provided for BR stocks is “Outperform” according to the report published on April 24th, 2023.
Morgan Stanley gave a rating of “Equal-Weight” to BR, setting the target price at $160 in the report published on December 14th of the previous year.
BR Trading at -0.50% from the 50-Day Moving Average
After a stumble in the market that brought BR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.62% of loss for the given period.
Volatility was left at 1.48%, however, over the last 30 days, the volatility rate increased by 1.50%, as shares sank -1.02% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.19% upper at present.
During the last 5 trading sessions, BR fell by -0.73%, which changed the moving average for the period of 200-days by +6.95% in comparison to the 20-day moving average, which settled at $210.80. In addition, Broadridge Financial Solutions, Inc. saw 1.57% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BR starting from PERRY CHRISTOPHER JOHN, who sale 17,534 shares at the price of $213.41 back on Sep 10 ’24. After this action, PERRY CHRISTOPHER JOHN now owns 50,237 shares of Broadridge Financial Solutions, Inc., valued at $3,741,859 using the latest closing price.
CHRISTOPHER J PERRY, the Officer of Broadridge Financial Solutions, Inc., proposed sale 17,534 shares at $213.41 during a trade that took place back on Sep 10 ’24, which means that CHRISTOPHER J PERRY is holding shares at $3,741,859 based on the most recent closing price.
Stock Fundamentals for BR
Current profitability levels for the company are sitting at:
- 0.16 for the present operating margin
- 0.3 for the gross margin
The net margin for Broadridge Financial Solutions, Inc. stands at 0.11. The total capital return value is set at 0.16. Equity return is now at value 31.67, with 8.47 for asset returns.
Based on Broadridge Financial Solutions, Inc. (BR), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.31. The debt to equity ratio resting at 1.56. The interest coverage ratio of the stock is 7.24.
Currently, EBITDA for the company is 1.54 billion with net debt to EBITDA at 2.23. When we switch over and look at the enterprise to sales, we see a ratio of 4.25. The receivables turnover for the company is 6.11for trailing twelve months and the total asset turnover is 0.79. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.08.
Conclusion
To sum up, Broadridge Financial Solutions, Inc. (BR) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
