On Tuesday, Brown & Brown, Inc. (NYSE: BRO) was -0.14% down from the session before settling in for the closing price of $81.03. A 52-week range for BRO has been $58.71 – $87.99.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 16.22%. When this article was written, the company’s average yearly earnings per share was at 27.06%. With a float of $235.00 million, this company’s outstanding shares have now reached $284.60 million.
Considering the fact that the conglomerate employs 16152 people, you should pay attention to its efficiency factor.
Brown & Brown, Inc. (BRO) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Brown & Brown, Inc. stocks. The insider ownership of Brown & Brown, Inc. is 17.77%, while institutional ownership is 73.61%. The most recent insider transaction that took place on Mar 13 ’24, was worth 7,804,964. In this transaction Chairman of this company sold 91,677 shares at a rate of $85.14, taking the stock ownership to the 37,368,928 shares. Before that another transaction happened on Mar 12 ’24, when Company’s Chairman sold 144,323 for $85.96, making the entire transaction worth $12,405,289. This insider now owns 37,460,605 shares in total.
Brown & Brown, Inc. (BRO) Earnings and Forecasts
According to the Wall Street analysts, stocks earnings will be around 27.06% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.40% during the next five years compared to 20.15% growth over the previous five years of trading.
Brown & Brown, Inc. (NYSE: BRO) Trading Performance Indicators
You can see what Brown & Brown, Inc. (BRO) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 5.43. Likewise, its price to free cash flow for the trailing twelve months is 24.59.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.05, a number that is poised to hit 1.07 in the next quarter and is forecasted to reach 3.88 in one year’s time.
Technical Analysis of Brown & Brown, Inc. (BRO)
Compared to the last year’s volume of 1.33 million, its volume of 1.29 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 2.21%. Additionally, its Average True Range was 1.29.
During the past 100 days, Brown & Brown, Inc.’s (BRO) raw stochastic average was set at 62.51%, which indicates a significant increase from 0.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 14.54% in the past 14 days, which was lower than the 19.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $83.87, while its 200-day Moving Average is $74.88. Nevertheless, the first resistance level for the watch stands at $81.45 in the near term. At $81.97, the stock is likely to face the second major resistance level. The third major resistance level sits at $82.25. If the price goes on to break the first support level at $80.65, it is likely to go to the next support level at $80.37. Should the price break the second support level, the third support level stands at $79.85.
Brown & Brown, Inc. (NYSE: BRO) Key Stats
There are 285,341K outstanding shares of the company, which has a market capitalization of 23.13 billion. As of now, sales total 4,257 M while income totals 870,500 K. Its latest quarter income was 1,026 M while its last quarter net income were 268,700 K.
