Franklin Resources Inc. (NYSE: BEN) kicked off on May 19, 2023, at the price of $24.82, down -0.73% from the previous trading day. During the day, the shares moved up to $24.82 and dropped to $24.19 before settling in for the closing price of $24.67. Over the past 52 weeks, BEN has traded in a range of $20.24-$34.37.
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Financial Sector giant saw their annual sales surged by 5.30% over the last five years. While this was happening, its average annual earnings per share was recorded -29.20%. With a float of $283.20 million, this company’s outstanding shares have now reached $490.70 million.
The firm has a total of 9200 workers. Let’s measure their productivity. In terms of profitability, gross margin is +72.74, operating margin of +23.73, and the pretax margin is +21.09.
Franklin Resources Inc. (BEN) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Asset Management Industry. The insider ownership of Franklin Resources Inc. is 18.70%, while institutional ownership is 47.90%. The most recent insider transaction that took place on Apr 28, was worth 25,000,000. In this transaction Affiliate – Investment Adviser of this company bought 2,465,483 shares at a rate of $10.14, taking the stock ownership to the 4,955,483 shares. Before that another transaction happened on Feb 01, when Company’s EVP, Technology and Operations sold 29,503 for $31.09, making the entire transaction worth $917,325. This insider now owns 92,132 shares in total.
Franklin Resources Inc. (BEN) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 3/30/2023, the organization reported $0.61 earnings per share (EPS), higher than consensus estimate (set at $0.56) by $0.05. This company achieved a net margin of +15.10 while generating a return on equity of 10.91. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.62 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -29.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -4.32% during the next five years compared to -3.40% drop over the previous five years of trading.
Franklin Resources Inc. (NYSE: BEN) Trading Performance Indicators
Take a look at Franklin Resources Inc.’s (BEN) current performance indicators. Last quarter, stock had a price to sales ratio for the trailing twelve months stands at 1.57. Likewise, its price to free cash flow for the trailing twelve months is 17.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.66, a number that is poised to hit 0.59 in the next quarter and is forecasted to reach 2.56 in one year’s time.
Technical Analysis of Franklin Resources Inc. (BEN)
Analysing the last 5-days average volume posted by the [Franklin Resources Inc., BEN], we can find that recorded value of 2.19 million was lower than the volume posted last year of 3.63 million. As of the previous 9 days, the stock’s Stochastic %D was 31.52%. Additionally, its Average True Range was 0.65.
During the past 100 days, Franklin Resources Inc.’s (BEN) raw stochastic average was set at 4.91%, which indicates a significant decrease from 26.56% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.75% in the past 14 days, which was lower than the 27.64% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.17, while its 200-day Moving Average is $26.62.
Franklin Resources Inc. (NYSE: BEN) Key Stats
The company with the Market Capitalisation of 12.36 billion has total of 500,863K Shares Outstanding. Its annual sales at the moment are 8,275 M in contrast with the sum of 1,292 M annual income. Company’s last quarter sales were recorded 1,927 M and last quarter income was 194,200 K.
