At the time of writing, Brown & Brown, Inc. [BRO] stock is trading at $92.00, up 2.13%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BRO shares have gain 2.63% over the last week, with a monthly amount glided 2.91%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Brown & Brown, Inc. [NYSE: BRO] stock has seen the most recent analyst activity on May 22, 2024, when BofA Securities upgraded its rating to a Neutral and also boosted its price target to $101 from $91. Previously, BofA Securities downgraded its rating to Underperform on March 13, 2024, and elevated its price target to $86. On January 09, 2024, downgrade downgraded it’s rating to Hold and revised its price target to $78 on the stock. RBC Capital Mkts upgraded its rating to a Outperform but stick to its price target of $81 on January 08, 2024. Goldman upgraded its rating to a Buy and reduced its price target to $83 on January 08, 2024. Keefe Bruyette downgraded its rating to Mkt Perform for this stock on December 15, 2023, and downed its price target to $71. In a note dated December 12, 2023, BofA Securities initiated an Neutral rating and provided a target price of $77 on this stock.
For the past year, the stock price of Brown & Brown, Inc. fluctuated between $64.50 and $91.70. Currently, Wall Street analysts expect the stock to reach $77.83 within the next 12 months. Brown & Brown, Inc. [NYSE: BRO] shares were valued at $92.00 at the most recent close of the market. An investor can expect a potential drop of -15.4% based on the average BRO price forecast.
Analyzing the BRO fundamentals
According to Brown & Brown, Inc. [NYSE:BRO], the company’s sales were 4.40B for trailing twelve months, which represents an 12.72% jump. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.21%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.17 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.67.
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 90.44 points at the first support level, and at 88.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 92.84, and for the 2nd resistance point, it is at 93.67.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 5.97, the price to book ratio is 4.54 and price to earnings (TTM) ratio is 28.35.
Transactions by insiders
Recent insider trading involved Turpin Julie, EVP/Chief People Officer, that happened on Jun 07 ’24 when 3350.0 shares were sold. Chairman, BROWN HYATT J completed a deal on Mar 13 ’24 to sell 91677.0 shares. Meanwhile, Chairman BROWN HYATT J sold 0.14 million shares on Mar 12 ’24.
