Brown & Brown, Inc’s (BRO) Stock: A Week-by-Week Analysis

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In the past week, BRO stock has gone down by -1.99%, with a monthly gain of 3.11% and a quarterly surge of 6.74%. The volatility ratio for the week is 1.33%, and the volatility levels for the last 30 days are 1.75% for Brown & Brown, Inc The simple moving average for the past 20 days is -0.35% for BRO’s stock, with a 16.03% simple moving average for the past 200 days.

Is It Worth Investing in Brown & Brown, Inc (NYSE: BRO) Right Now?

Brown & Brown, Inc (NYSE: BRO) has a higher price-to-earnings ratio of 30.22x compared to its average ratio, The 36-month beta value for BRO is at 0.84. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 6 as “hold,” and 0 as “sell.”

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The public float for BRO is 236.65M, and currently, shorts hold a 1.65% of that float. The average trading volume for BRO on December 05, 2024 was 1.49M shares.

BRO) stock’s latest price update

The stock price of Brown & Brown, Inc (NYSE: BRO) has plunged by -0.17 when compared to previous closing price of 111.14, but the company has seen a -1.99% decline in its stock price over the last five trading sessions. zacks.com reported 2024-11-27 that Brown & Brown (BRO) reported earnings 30 days ago. What’s next for the stock?

Analysts’ Opinion of BRO

Argus, on the other hand, stated in their research note that they expect to see BRO reach a price target of $120. The rating they have provided for BRO stocks is “Buy” according to the report published on September 24th, 2024.

Barclays gave a rating of “Equal Weight” to BRO, setting the target price at $108 in the report published on September 05th of the current year.

BRO Trading at 3.05% 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 -2.81% of loss for the given period.

Volatility was left at 1.75%, however, over the last 30 days, the volatility rate increased by 1.33%, as shares surge +0.23% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.46% upper at present.

During the last 5 trading sessions, BRO fell by -1.89%, which changed the moving average for the period of 200-days by +34.07% in comparison to the 20-day moving average, which settled at $111.34. In addition, Brown & Brown, Inc saw 56.02% 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 ORMOND RIVERSIDE, L P, who proposed sale 29,921 shares at the price of $111.75 back on Nov 26 ’24. After this action, ORMOND RIVERSIDE, L P now owns shares of Brown & Brown, Inc, valued at $3,343,690 using the latest closing price.

BROWN HYATT J, the Chairman of Brown & Brown, Inc, sale 389,007 shares at $111.75 during a trade that took place back on Nov 25 ’24, which means that BROWN HYATT J is holding 36,029,921 shares at $43,471,532 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 7.44. 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 had a better performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others 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.

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