Investors must take note of Broadridge Financial Solutions Inc.’s (BR) performance last week, which was 3.53%.

On January 24, 2023, Broadridge Financial Solutions Inc. (NYSE: BR) opened at $150.44, higher 0.08% from the last session. During the day, the shares moved up to $151.825 and dropped to $148.80 before settling in for the closing price of $150.14. Price fluctuations for BR have ranged from $131.35 to $183.33 over the past 52 weeks.

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Annual sales at Technology sector company grew by 6.60% over the past five years. Company’s average yearly earnings per share was noted -2.10% at the time writing. With a float of $116.87 million, this company’s outstanding shares have now reached $117.50 million.

Let’s look at the performance matrix of the company that is accounted for 14300 employees. In terms of profitability, gross margin is +28.23, operating margin of +14.15, and the pretax margin is +11.72.

Broadridge Financial Solutions Inc. (BR) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Information Technology Services industry is another important factor to consider. The insider ownership of Broadridge Financial Solutions Inc. is 0.60%, while institutional ownership is 90.40%. The most recent insider transaction that took place on Nov 22, was worth 6,259,278. In this transaction Director of this company sold 42,417 shares at a rate of $147.57, taking the stock ownership to the 29,704 shares. Before that another transaction happened on Aug 26, when Company’s Executive Chairman sold 1,985 for $176.34, making the entire transaction worth $350,035. This insider now owns 0 shares in total.

Broadridge Financial Solutions Inc. (BR) Latest Financial update

If we go through the results of last quarter, which was made public on 9/29/2022, the company posted $0.84 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at $0.88) by -$0.04. This company achieved a net margin of +9.40 while generating a return on equity of 28.92. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.19 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -2.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.80% during the next five years compared to 11.00% growth over the previous five years of trading.

Broadridge Financial Solutions Inc. (NYSE: BR) Trading Performance Indicators

Check out the current performance indicators for Broadridge Financial Solutions Inc. (BR). In the past quarter, the stock posted a quick ratio of 1.20. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.97. Likewise, its price to free cash flow for the trailing twelve months is 369.14.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 4.40, a number that is poised to hit 0.90 in the next quarter and is forecasted to reach 7.50 in one year’s time.

Technical Analysis of Broadridge Financial Solutions Inc. (BR)

Broadridge Financial Solutions Inc. (NYSE: BR) saw its 5-day average volume 0.47 million, a positive change from its year-to-date volume of 0.46 million. As of the previous 9 days, the stock’s Stochastic %D was 91.54%. Additionally, its Average True Range was 3.41.

During the past 100 days, Broadridge Financial Solutions Inc.’s (BR) raw stochastic average was set at 44.29%, which indicates a significant decrease from 91.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.33% in the past 14 days, which was lower than the 32.13% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $141.67, while its 200-day Moving Average is $149.16. Nevertheless, the first resistance level for the watch stands at $151.79 in the near term. At $153.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $154.81. If the price goes on to break the first support level at $148.76, it is likely to go to the next support level at $147.27. The third support level lies at $145.74 if the price breaches the second support level.

Broadridge Financial Solutions Inc. (NYSE: BR) Key Stats

There are currently 117,655K shares outstanding in the company with a market cap of 17.20 billion. Presently, the company’s annual sales total 5,709 M according to its annual income of 539,100 K. Last quarter, the company’s sales amounted to 1,283 M and its income totaled 50,400 K.

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