Franklin Resources, Inc (BEN) Stock Sees a-0.15 Decrease

In the past week, BEN stock has gone down by -6.58%, with a monthly decline of -5.80% and a quarterly plunge of -2.76%. The volatility ratio for the week is 3.90%, and the volatility levels for the last 30 days are 2.74% for Franklin Resources, Inc The simple moving average for the last 20 days is -6.52% for BEN’s stock, with a simple moving average of -9.59% for the last 200 days.

Is It Worth Investing in Franklin Resources, Inc (NYSE: BEN) Right Now?

The price-to-earnings ratio for Franklin Resources, Inc (NYSE: BEN) is 23.75x, which is above its average ratio. Moreover, the 36-month beta value for BEN is 1.43. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 8 as “hold,” and 2 as “sell.”

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The public float for BEN is 280.59M and currently, short sellers hold a 9.33% of that float. On December 24, 2024, BEN’s average trading volume was 4.13M shares.

BEN) stock’s latest price update

Franklin Resources, Inc (NYSE: BEN) has experienced a decline in its stock price by -0.15 compared to its previous closing price of 20.49. However, the company has seen a fall of -6.58% in its stock price over the last five trading days. accesswire.com reported 2024-12-20 that NEW YORK, NY / ACCESSWIRE / December 20, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Franklin Resources, Inc. (“Franklin” or “the Company”) (NYSE:BEN). Investors who purchased Franklin securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/BEN.

Analysts’ Opinion of BEN

Many brokerage firms have already submitted their reports for BEN stocks, with Wells Fargo repeating the rating for BEN by listing it as a “Equal Weight.” The predicted price for BEN in the upcoming period, according to Wells Fargo is $20 based on the research report published on September 12, 2024 of the current year 2024.

Barclays, on the other hand, stated in their research note that they expect to see BEN reach a price target of $20. The rating they have provided for BEN stocks is “Underweight” according to the report published on August 27th, 2024.

Wells Fargo gave a rating of “Equal Weight” to BEN, setting the target price at $30 in the report published on January 08th of the current year.

BEN Trading at -4.16% 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 -32.52% of loss for the given period.

Volatility was left at 2.74%, however, over the last 30 days, the volatility rate increased by 3.90%, as shares sank -6.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.74% upper at present.

During the last 5 trading sessions, BEN fell by -6.58%, which changed the moving average for the period of 200-days by -27.06% in comparison to the 20-day moving average, which settled at $21.89. In addition, Franklin Resources, Inc saw -31.32% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at BEN starting from FRANKLIN RESOURCES INC, who sale 2,209 shares at the price of $46.04 back on Dec 16 ’24. After this action, FRANKLIN RESOURCES INC now owns 28,000 shares of Franklin Resources, Inc, valued at $101,707 using the latest closing price.

FRANKLIN RESOURCES INC, the Affiliate of Investment Adv of Franklin Resources, Inc, sale 2,610 shares at $47.43 during a trade that took place back on Dec 10 ’24, which means that FRANKLIN RESOURCES INC is holding 32,909 shares at $123,795 based on the most recent closing price.

Stock Fundamentals for BEN

Current profitability levels for the company are sitting at:

  • 0.11 for the present operating margin
  • 0.67 for the gross margin

The net margin for Franklin Resources, Inc stands at 0.06. The total capital return value is set at 0.03. Equity return is now at value 3.53, with 1.38 for asset returns.

Based on Franklin Resources, Inc (BEN), the company’s capital structure generated 0.49 points at debt to capital in total, while cash flow to debt ratio is standing at 0.08. The debt to equity ratio resting at 0.97. The interest coverage ratio of the stock is 9.46.

Currently, EBITDA for the company is 796.8 million with net debt to EBITDA at 6.0. When we switch over and look at the enterprise to sales, we see a ratio of 2.3. The receivables turnover for the company is 5.7for trailing twelve months and the total asset turnover is 0.26.

Conclusion

To wrap up, the performance of Franklin Resources, Inc (BEN) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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