Detailed Review Of Prospects For Franklin Resources, Inc. Stock

Currently, Franklin Resources, Inc. [BEN] is trading at $27.42, down -0.11%. An important factor to consider is whether the stock is rising or falling in short-term value. The BEN shares have gain 1.52% over the last week, with a monthly amount glided 2.97%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Franklin Resources, Inc. [NYSE: BEN] stock has seen the most recent analyst activity on January 08, 2024, when Wells Fargo upgraded its rating to a Equal Weight and also boosted its price target to $30 from $24. Previously, TD Cowen started tracking the stock with Market Perform rating on January 04, 2024, and set its price target to $32. Wells Fargo started tracking the stock assigning a Underweight rating and suggested a price target of $26 on December 15, 2022. Credit Suisse initiated its recommendation with a Neutral and recommended $21 as its price target on October 19, 2022. BofA Securities downgraded its rating to Underperform for this stock on September 08, 2022, and downed its price target to $25.

This stock has fluctuated between a low of $21.88 and a high of $30.32 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $27.75 within the next 12 months. Franklin Resources, Inc. [NYSE: BEN] shares were valued at $27.42 at the most recent close of the market. An investor can expect a potential return of 1.2% based on the average BEN price forecast.

Analyzing the BEN fundamentals

Trailing Twelve Months sales for Franklin Resources, Inc. [NYSE:BEN] were 7.93B which represents 1.92% growth. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.19%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.09 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.05.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 27.19 points at the first support level, and at 26.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.60, and for the 2nd resistance point, it is at 27.78.

Ratios To Look Out For

Considering the valuation of this stock, the price to sales ratio is 1.82, the price to book ratio is 1.13 and price to earnings (TTM) ratio is 14.47.

Transactions by insiders

Recent insider trading involved Sethi Alok, EVP, Head of Global Operations, that happened on Dec 14 when 22000.0 shares were sold. EVP, Head of Global Operations, Sethi Alok completed a deal on Dec 05 to sell 25000.0 shares. Meanwhile, Director Byerwalter Mariann H sold 6011.0 shares on Oct 10.

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