At the time of writing, Brown & Brown, Inc. [BRO] stock is trading at $103.01, down -0.33%. 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 1.54% over the last week, with a monthly amount glided 0.01%, 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 September 24, 2024, when Argus initiated its Buy rating and assigned the stock a price target of $120. Previously, Barclays started tracking the stock with Equal Weight rating on September 05, 2024, and set its price target to $108. On August 12, 2024, upgrade upgraded it’s rating to Overweight and revised its price target to $112 on the stock. BofA Securities upgraded its rating to a Neutral and increased its price target to $101 on May 22, 2024. BofA Securities downgraded its rating to a Underperform and raised its price target to $86 on March 13, 2024. Jefferies downgraded its rating to Hold for this stock on January 09, 2024, and downed its price target to $78. In a note dated January 08, 2024, RBC Capital Mkts upgraded an Outperform rating on this stock but restated the target price of $81.
For the past year, the stock price of Brown & Brown, Inc. fluctuated between $66.73 and $106.02. Currently, Wall Street analysts expect the stock to reach $87.75 within the next 12 months. Brown & Brown, Inc. [NYSE: BRO] shares were valued at $103.01 at the most recent close of the market. An investor can expect a potential drop of -14.81% 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.69.
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 102.44 points at the first support level, and at 101.88 for the second support level. However, for the 1st resistance point, the stock is sitting at 103.65, and for the 2nd resistance point, it is at 104.29.
Ratios To Look Out For
Considering the valuation of this stock, the price to sales ratio is 6.49, the price to book ratio is 4.87 and price to earnings (TTM) ratio is 29.65.
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.
