Broadridge Financial Solutions (NYSE:BR – Get Free Report) issued an update on its FY 2025 earnings guidance on Thursday morning. The company provided EPS guidance of 8.350-8.660 for the period, compared to the consensus EPS estimate of 8.500. The company issued revenue guidance of -.
Broadridge Financial Solutions Price Performance
Shares of BR stock opened at $227.78 on Friday. The firm’s 50-day moving average is $215.95 and its two-hundred day moving average is $208.12. The company has a market capitalization of $26.63 billion, a PE ratio of 39.41 and a beta of 1.05. Broadridge Financial Solutions has a 12 month low of $180.31 and a 12 month high of $230.00. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.39 and a quick ratio of 1.39.
Broadridge Financial Solutions (NYSE:BR – Get Free Report) last released its quarterly earnings results on Tuesday, November 5th. The business services provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.97 by $0.03. The business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.48 billion. Broadridge Financial Solutions had a net margin of 10.57% and a return on equity of 41.79%. The business’s revenue was down .6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.09 EPS. Analysts predict that Broadridge Financial Solutions will post 8.53 earnings per share for the current year.
Broadridge Financial Solutions Dividend Announcement
Wall Street Analyst Weigh In
A number of equities research analysts have recently issued reports on BR shares. Morgan Stanley boosted their price target on shares of Broadridge Financial Solutions from $200.00 to $207.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 6th. JPMorgan Chase & Co. lifted their price objective on shares of Broadridge Financial Solutions from $224.00 to $225.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. StockNews.com cut shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a report on Saturday, November 9th. Finally, Royal Bank of Canada restated an “outperform” rating and issued a $246.00 price objective on shares of Broadridge Financial Solutions in a report on Wednesday, November 6th. Four equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, Broadridge Financial Solutions currently has an average rating of “Hold” and an average price target of $217.83.
Get Our Latest Report on Broadridge Financial Solutions
Insiders Place Their Bets
In other Broadridge Financial Solutions news, Chairman Richard J. Daly sold 21,938 shares of the business’s stock in a transaction that occurred on Friday, September 6th. The shares were sold at an average price of $207.66, for a total transaction of $4,555,645.08. Following the completion of the transaction, the chairman now owns 105,094 shares in the company, valued at $21,823,820.04. The trade was a 17.27 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Maura A. Markus sold 3,880 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $227.02, for a total transaction of $880,837.60. Following the transaction, the director now owns 27,788 shares of the company’s stock, valued at $6,308,431.76. This trade represents a 12.25 % decrease in their position. The disclosure for this sale can be found here. Insiders sold 115,696 shares of company stock worth $24,782,982 in the last 90 days. Corporate insiders own 1.30% of the company’s stock.
Broadridge Financial Solutions Company Profile
Broadridge Financial Solutions, Inc provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions.
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