On Tuesday, Brown & Brown, Inc (NYSE: BRO) opened higher 2.04% from the last session, before settling in for the closing price of $105.45. Price fluctuations for BRO have ranged from $69.13 to $107.67 over the past 52 weeks.
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Annual sales at Financial sector company grew by 16.22% over the past five years. Company’s average yearly earnings per share was noted 33.93% at the time writing. With a float of $236.11 million, this company’s outstanding shares have now reached $284.60 million.
Let’s look at the performance matrix of the company that is accounted for 16152 employees. In terms of profitability, gross margin is 79.93%, operating margin of 29.15%, and the pretax margin is 29.73%.
Brown & Brown, Inc (BRO) Insider Updates
A key investor’s attitude towards the stock of the Insurance Brokers industry is another important factor to consider. The insider ownership of Brown & Brown, Inc is 17.43%, while institutional ownership is 74.32%. The most recent insider transaction that took place on Aug 29 ’24, was worth 14,071,226. In this transaction Chairman of this company sold 134,640 shares at a rate of $104.51, taking the stock ownership to the 0 shares. Before that another transaction happened on Aug 29 ’24, when Company’s Director proposed sale 134,640 for $104.51, making the entire transaction worth $14,070,766.
Brown & Brown, Inc (BRO) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 33.93% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.31% 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
Check out the current performance indicators for Brown & Brown, Inc (BRO). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.62. Likewise, its price to free cash flow for the trailing twelve months is 29.99.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.67, a number that is poised to hit 0.77 in the next quarter and is forecasted to reach 4.09 in one year’s time.
Technical Analysis of Brown & Brown, Inc (BRO)
Brown & Brown, Inc (NYSE: BRO) saw its 5-day average volume 1.12 million, a negative change from its year-to-date volume of 1.32 million. As of the previous 9 days, the stock’s Stochastic %D was 64.12%. Additionally, its Average True Range was 1.80.
During the past 100 days, Brown & Brown, Inc’s (BRO) raw stochastic average was set at 99.64%, which indicates a significant increase from 98.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 15.77% in the past 14 days, which was lower than the 18.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $104.31, while its 200-day Moving Average is $92.28. Nevertheless, the first resistance level for the watch stands at $108.41 in the near term. At $109.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $110.84. If the price goes on to break the first support level at $105.98, it is likely to go to the next support level at $104.37. Assuming the price breaks the second support level, the third support level stands at $103.55.
Brown & Brown, Inc (NYSE: BRO) Key Stats
There are currently 285,958K shares outstanding in the company with a market cap of 30.77 billion. Presently, the company’s annual sales total 4,257 M according to its annual income of 870,500 K. Last quarter, the company’s sales amounted to 1,186 M and its income totaled 234,000 K.
