Broadridge Financial Solutions (NYSE:BR – Get Free Report) updated its FY 2025 earnings guidance on Friday. The company provided earnings per share guidance of 8.350-8.660 for the period, compared to the consensus earnings per share estimate of 8.550. The company issued revenue guidance of -.
Broadridge Financial Solutions Stock Performance
Shares of NYSE BR traded down $0.74 during mid-day trading on Friday, reaching $238.38. 188,309 shares of the company were exchanged, compared to its average volume of 466,068. The stock has a market capitalization of $27.86 billion, a P/E ratio of 41.24 and a beta of 1.08. The company has a quick ratio of 1.39, a current ratio of 1.39 and a debt-to-equity ratio of 1.63. The company’s 50-day simple moving average is $231.10 and its 200-day simple moving average is $219.96. Broadridge Financial Solutions has a twelve month low of $188.30 and a twelve month high of $241.45.
Broadridge Financial Solutions (NYSE:BR – Get Free Report) last issued its quarterly earnings data on Friday, January 31st. The business services provider reported $1.56 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.24. Broadridge Financial Solutions had a return on equity of 41.79% and a net margin of 10.57%. During the same period last year, the business posted $0.92 EPS. As a group, research 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
Several research analysts have recently commented on BR shares. Morgan Stanley raised their target price on shares of Broadridge Financial Solutions from $200.00 to $207.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 6th. Wolfe Research reiterated a “peer perform” rating on shares of Broadridge Financial Solutions in a research report on Thursday, December 12th. UBS Group assumed coverage on Broadridge Financial Solutions in a research note on Thursday, November 21st. They issued a “neutral” rating and a $250.00 price target for the company. DA Davidson reissued a “neutral” rating and issued a $215.00 target price on shares of Broadridge Financial Solutions in a report on Tuesday, January 21st. Finally, Royal Bank of Canada reaffirmed an “outperform” rating and set a $246.00 price target on shares of Broadridge Financial Solutions in a report on Wednesday, November 6th. Six investment analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $226.71.
View Our Latest Research Report on BR
Insider Activity at Broadridge Financial Solutions
In other news, Director Maura A. Markus sold 3,880 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $227.02, for a total transaction of $880,837.60. Following the sale, the director now directly owns 27,788 shares in the company, valued at approximately $6,308,431.76. The trade was a 12.25 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Douglas Richard Deschutter sold 24,185 shares of the firm’s stock in a transaction that occurred on Thursday, November 7th. The shares were sold at an average price of $220.21, for a total transaction of $5,325,778.85. Following the completion of the transaction, the insider now owns 27,137 shares of the company’s stock, valued at approximately $5,975,838.77. This trade represents a 47.12 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 54,532 shares of company stock valued at $12,264,846. 1.30% of the stock is owned by insiders.
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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