Broadridge Financial Solutions, Inc. (BR) Shares on the Decline: Short-term Analysis

Broadridge Financial Solutions, Inc. [BR] stock is trading at $214.69, down -0.16%. An important factor to consider is whether the stock is rising or falling in short-term value. The BR shares have gain 1.98% over the last week, with a monthly amount glided 0.86%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Broadridge Financial Solutions, Inc. [NYSE: BR] stock has seen the most recent analyst activity on October 17, 2023, when Wolfe Research upgraded its rating to a Peer Perform. Previously, RBC Capital Mkts started tracking the stock with Outperform rating on April 24, 2023, and set its price target to $169. On December 14, 2022, Morgan Stanley initiated with a Equal-Weight rating and assigned a price target of $160 on the stock. BTIG Research upgraded its rating to a Buy but $176 remained the price target by the analyst firm on February 03, 2021. Truist started tracking with a Buy rating for this stock on December 18, 2020, and assigned it a price target of $175. In a note dated August 12, 2020, BTIG Research downgraded an Neutral rating on this stock.

Broadridge Financial Solutions, Inc. [BR] stock has fluctuated between $166.73 and $223.81 over the past year. Currently, Wall Street analysts expect the stock to reach $176 within the next 12 months. Broadridge Financial Solutions, Inc. [NYSE: BR] shares were valued at $214.69 at the most recent close of the market. An investor can expect a potential drop of -18.02% based on the average BR price forecast.

Analyzing the BR fundamentals

Broadridge Financial Solutions, Inc. [NYSE:BR] reported sales of 6.51B for the trailing twelve months, which represents a growth of 5.73%. Gross Profit Margin for this corporation currently stands at 0.3% with Operating Profit Margin at 0.16%, Pretax Profit Margin comes in at 0.13%, and Net Profit Margin reading is 0.11%. To continue investigating profitability, this company’s Return on Assets is posted at 0.08, Equity is 0.32 and Total Capital is 0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.56.

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 212.79 points at the first support level, and at 210.90 for the second support level. However, for the 1st resistance point, the stock is sitting at 216.07, and for the 2nd resistance point, it is at 217.46.

Ratios To Look Out For

For context, Broadridge Financial Solutions, Inc.’s Current Ratio is 1.08. On the other hand, the Quick Ratio is 1.06, and the Cash Ratio is 0.21. Considering the valuation of this stock, the price to sales ratio is 3.85, the price to book ratio is 11.56 and price to earnings (TTM) ratio is 36.60.

Transactions by insiders

Recent insider trading involved PERRY CHRISTOPHER JOHN, President, that happened on Sep 10 ’24 when 17534.0 shares were sold. Officer, CHRISTOPHER J PERRY completed a deal on Sep 10 ’24 to buy 17534.0 shares. Meanwhile, Executive Chairman DALY RICHARD J sold 21938.0 shares on Sep 06 ’24.

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