Broadridge Financial Solutions Inc. (NYSE:BR) has a beta of 0.88, a 12-month trailing P/E ratio of 36.26, and a growth ratio of 3.13. The stock’s Relative Strength Index (RSI) is 49.16, with weekly volatility at 1.38% and ATR at 2.48. The BR stock’s 52-week price range has touched low of $121.05 and a $167.54 high. Its shares traded lower over the last trading session, losing -0.31% on 06/17/21. The shares fell to a low of $159.29 before closing at $159.72. Intraday shares traded counted 0.46 million, which was 8.79% higher than its 30-day average trading volume of 500.58K. BR’s previous close was $160.22 while the outstanding shares total 115.80M.
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 $18.39 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.
BR were able to record 118.3 million as free cash flow during the 08/10/2021 quarter of the year, this saw their quarterly net cash flow reduce by -120.8 million. In cash movements, the company had a total of 189.5 million as operating cash flow.
Potential earnings growth for Broadridge Financial Solutions Inc. (BR)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/10/2021 quarter of the year, Broadridge Financial Solutions Inc. recorded a total of 1.39 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 10.07% coming in sequential stages and their sales for the 08/10/2021 quarter increasing by 24.1%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 960.5 million trying to sell their products during the last quarter, with the result yielding a gross income of 429.3 million. This allows shareholders to hold on to 115.80M with the recently reported earning now reading 1.42 cents per share. This is a figure that compared to analyst’s prediction for their 08/10/2021 (1.76 cents a share).
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, VP, Deputy GC and CGO, Matlin Laura sold 1,369 shares of the company’s stock in a transaction that recorded on May 20. The sale was performed at an average price of 160.05, for a total value of 219,104. As the sale deal closes, the Corporate Vice President, AMSTERDAM ADAM D now sold 20,936 shares of the company’s stock, valued at 3,108,858. Also, Director, BRUN LESLIE A sold 4,550 shares of the company’s stock in a deal that was recorded on Feb 12. The shares were price at an average price of 147.52 per share, with a total market value of 671,227. Following this completion of acquisition, the Director, Duelks Robert N now holds 3,699 shares of the company’s stock, valued at 535,728. 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 $175.83.