Franklin Resources Inc. [BEN] shares are down more than -14.13% this year and recently increased 0.02% or $0.5 to settle at $23.66. Analysts expect BEN to shrink earnings at a -5.29% annual rate over the next 5 years. BEN has a short ratio of 9.05. This implies that the market is currently less bullish on the outlook for BEN.

On 12, October 2020, Franklin Resources, Inc. Announces Month-End Assets Under Management. According to news published on Yahoo Finance, Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management of $1,418.9 billion at September 30, 2020, compared to $1,441.3 billion at August 31, 2020.

Analyst Birdseye View:

The most recent analyst activity for Franklin Resources Inc. [NYSE:BEN] stock was on September 29, 2020, when it was Resumed with a Neutral rating from JP Morgan, which also raised its 12-month price target on the stock to $23. Before that, on October 09, 2020, BofA Securities Recapitulated a Buy rating and elevated its amount target to $26. On September 03, 2020, Morgan Stanley Resumed an Underweight rating and boosted its price target on this stock to $20. On February 25, 2020, Goldman Upgrade a Neutral rating and increased its price target from $25 to $28. On February 20, 2020, BMO Capital Markets Upgrade a Market perform rating and increased its price target to $24. On January 31, 2020, Keefe Bruyette Upgrade a Mkt perform rating and boosted its amount target on this stock to $28. On January 02, 2020, Wells Fargo Downgrade an Underweight rating and boosted its target amount on this stock to $25.

In the past 52 weeks of trading, this stock has oscillated between a low of $14.91 and a peak of $29.27. Right now, the middling Wall Street analyst 12-month amount mark is $22.00. At the most recent market close, shares of Franklin Resources Inc. [NYSE:BEN] were valued at $23.66. According to the average price forecast, investors can expect a potential return of 3.0%.

FUNDAMENTAL ANALYSIS

Franklin Resources Inc. [NYSE:BEN] most recently reported quarterly sales of 1.21 billion, which represented growth of -19.50%. This publicly-traded organization’s revenue is $598,854 per employee, while its income is $123,417 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 8.19, 11.96, 12.81 and 11.16 respectively.

If looking now at the Principal structure of this organization, it shows its whole liability to the whole Principal at 7.02 and the whole liability to whole assets at 5.15. It shows enduring liability to the whole principal at 6.80 and enduring liability to assets at 0.05 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 22.88 points at 1st support level, the second support level is making up to 22.60. But as of 1st resistance point, this stock is sitting at 23.49 and at 23.81 for 2nd resistance point.

Franklin Resources Inc. [BEN] reported its earnings at $0.7 per share in the fiscal quarter closing of 6/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.55/share signifying the difference of 0.15 and 27.30% surprise value. Comparing the previous quarter ending of 3/30/2020, the stated earnings were $0.66 calling estimates for $0.42/share with the difference of 0.24 depicting the surprise of 57.10%.

Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.53, it’s amount to book ratio is 1.45 and showing 11.30 of P/E (TTM) ratio.

Insider Stories

The most recent insider trade was by Byerwalter Mariann H, Director, and it was the sale of 1827.0 shares on Aug 17. Tyle Craig Steven, the EVP & General Counsel, completed a sale of 5000.0 shares on Jun 01. On Mar 02, Tyle Craig Steven, EVP & General Counsel, completed a sale of 5000.0 shares.