Broadridge Financial Solutions Inc. (NYSE:BR) shares traded higher over the last trading session, gaining 1.37% on 05/14/21. The shares fell to a low of $161.76 before closing at $163.18. Intraday shares traded counted 0.34 million, which was 32.29% higher than its 30-day average trading volume of 507.93K. BR’s previous close was $160.97 while the outstanding shares total 115.80M. The firm has a beta of 0.87, a 12-month trailing P/E ratio of 37.04, and a growth ratio of 3.19. The stock’s Relative Strength Index (RSI) is 57.45, with weekly volatility at 2.15% and ATR at 3.02. The BR stock’s 52-week price range has touched low of $110.74 and a $167.54 high.
Investors have identified the Information Technology Services company Broadridge Financial Solutions Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $18.69 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Broadridge Financial Solutions Inc. (BR) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For BR, the company has in raw cash 355.8 million on their books with 0.0 currently as liabilities. How the trend is over time is what investors should be concerned about. In terms of their assets, the company currently has 1.38 billion total, with 1.0 billion as their total liabilities.
Having a look at the company’s valuation, the company is expected to record 6.21 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on BR sounds very interesting.
Is the stock of BR attractive?
In related news, Corporate Vice President, AMSTERDAM ADAM D sold 20,936 shares of the company’s stock in a transaction that recorded on Feb 18. The sale was performed at an average price of 148.49, for a total value of 3,108,858. As the sale deal closes, the Director, BRUN LESLIE A now sold 4,550 shares of the company’s stock, valued at 671,227. Also, Director, Duelks Robert N sold 3,699 shares of the company’s stock in a deal that was recorded on Feb 11. The shares were price at an average price of 144.83 per share, with a total market value of 535,728. Following this completion of acquisition, the President, PERRY CHRISTOPHER JOHN now holds 24,790 shares of the company’s stock, valued at 3,771,104. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.60%.
2 out of 8 analysts covering the stock have rated it a Buy, while 4 have maintained a Hold recommendation on Broadridge Financial Solutions Inc.. 0 analysts has assigned a Sell rating on the BR stock. The 12-month mean consensus price target for the company’s shares has been set at $172.17.