Brown & Brown, Inc (NYSE: BRO) has a price-to-earnings ratio of 29.85x that is above its average ratio. Additionally, the 36-month beta value for BRO is 0.83. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 8 rating it as “hold,” and 2 rating it as “sell.”
The public float for BRO is 236.23M and currently, short sellers hold a 1.91% ratio of that float. The average trading volume of BRO on November 21, 2024 was 1.46M shares.
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BRO) stock’s latest price update
The stock price of Brown & Brown, Inc (NYSE: BRO) has surged by 0.24 when compared to previous closing price of 109.35, but the company has seen a -2.06% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-15 that DAYTONA BEACH, Fla., Nov. 15, 2024 (GLOBE NEWSWIRE) — Brown & Brown, Inc. (NYSE:BRO) is proud to announce that our team of companies earned the 2025 Military Friendly® Employer designation.
BRO’s Market Performance
Brown & Brown, Inc (BRO) has seen a -2.06% fall in stock performance for the week, with a 3.95% gain in the past month and a 5.73% surge in the past quarter. The volatility ratio for the week is 1.60%, and the volatility levels for the past 30 days are at 1.82% for BRO. The simple moving average for the past 20 days is 1.33% for BRO’s stock, with a 16.49% simple moving average for the past 200 days.
Analysts’ Opinion of BRO
Many brokerage firms have already submitted their reports for BRO stocks, with Argus repeating the rating for BRO by listing it as a “Buy.” The predicted price for BRO in the upcoming period, according to Argus is $120 based on the research report published on September 24, 2024 of the current year 2024.
Barclays, on the other hand, stated in their research note that they expect to see BRO reach a price target of $108. The rating they have provided for BRO stocks is “Equal Weight” according to the report published on September 05th, 2024.
Wells Fargo gave a rating of “Overweight” to BRO, setting the target price at $112 in the report published on August 12th of the current year.
BRO Trading at 3.60% 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 -3.92% of loss for the given period.
Volatility was left at 1.82%, however, over the last 30 days, the volatility rate increased by 1.60%, as shares surge +3.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.85% upper at present.
During the last 5 trading sessions, BRO fell by -2.06%, which changed the moving average for the period of 200-days by +39.79% in comparison to the 20-day moving average, which settled at $108.17. In addition, Brown & Brown, Inc saw 54.14% 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 BRO starting from BROWN HYATT J, who sale 134,640 shares at the price of $104.51 back on Aug 29 ’24. After this action, BROWN HYATT J now owns 0 shares of Brown & Brown, Inc, valued at $14,071,226 using the latest closing price.
HYATT BROWN, the Director of Brown & Brown, Inc, proposed sale 134,640 shares at $104.51 during a trade that took place back on Aug 29 ’24, which means that HYATT BROWN is holding shares at $14,070,766 based on the most recent closing price.
Stock Fundamentals for BRO
Current profitability levels for the company are sitting at:
- 0.3 for the present operating margin
- 0.8 for the gross margin
The net margin for Brown & Brown, Inc stands at 0.23. The total capital return value is set at 0.13. Equity return is now at value 17.81, with 6.59 for asset returns.
Based on Brown & Brown, Inc (BRO), the company’s capital structure generated 0.36 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 0.56. The interest coverage ratio of the stock is 6.98.
Currently, EBITDA for the company is 1.47 billion with net debt to EBITDA at 1.77. When we switch over and look at the enterprise to sales, we see a ratio of 7.35. The receivables turnover for the company is 1.19for trailing twelve months and the total asset turnover is 0.27.
Conclusion
In conclusion, Brown & Brown, Inc (BRO) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it 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.
