At the time of writing, Brown & Brown, Inc. [BRO] stock is trading at $105.13, up 0.46%. 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 3.07% over the last week, with a monthly amount glided 4.30%, 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 August 12, 2024, when Wells Fargo upgraded its rating to a Overweight and also boosted its price target to $112 from $94. Previously, BofA Securities upgraded its rating to Neutral on May 22, 2024, and elevated its price target to $101. On March 13, 2024, downgrade downgraded it’s rating to Underperform and revised its price target to $86 on the stock. Jefferies downgraded its rating to a Hold and decreased its price target to $78 on January 09, 2024. RBC Capital Mkts upgraded its rating to a Outperform but $81 remained the price target by the analyst firm on January 08, 2024. Goldman upgraded its rating to Buy for this stock on January 08, 2024, and downed its price target to $83. In a note dated December 15, 2023, Keefe Bruyette downgraded an Mkt Perform rating on this stock and revised its target price from $78 to $71.
For the past year, the stock price of Brown & Brown, Inc. fluctuated between $66.73 and $105.02. Currently, Wall Street analysts expect the stock to reach $84.86 within the next 12 months. Brown & Brown, Inc. [NYSE: BRO] shares were valued at $105.13 at the most recent close of the market. An investor can expect a potential drop of -19.28% based on the average BRO price forecast.
Analyzing the BRO fundamentals
According to Brown & Brown, Inc. [NYSE:BRO], the company’s sales were 4.53B for trailing twelve months, which represents an 12.48% jump. Gross Profit Margin for this corporation currently stands at 0.85% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.29%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.18 and Total Capital is 0.12. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.69.
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 104.47 points at the first support level, and at 103.81 for the second support level. However, for the 1st resistance point, the stock is sitting at 105.62, and for the 2nd resistance point, it is at 106.11.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.62, the price to book ratio is 4.97 and price to earnings (TTM) ratio is 30.26.
Transactions by insiders
Recent insider trading involved BROWN HYATT J, Chairman, that happened on Aug 29 ’24 when 0.13 million shares were sold. Director, HYATT BROWN completed a deal on Aug 29 ’24 to buy 0.13 million shares. Meanwhile, EVP, CFO and Treasurer Watts R. Andrew sold 2500.0 shares on Aug 08 ’24.
