Franklin Resources, Inc (NYSE: BEN) kicked off on Tuesday, down -0.46% from the previous trading day, before settling in for the closing price of $21.57. Over the past 52 weeks, BEN has traded in a range of $18.94-$30.32.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 10.26%. While this was happening, its average annual earnings per share was recorded 0.69%. With a float of $279.83 million, this company’s outstanding shares have now reached $523.60 million.
The extent of productivity of a business whose workforce counts for 9200 workers is very important to gauge. In terms of profitability, gross margin is 66.66%, operating margin of 10.9%, and the pretax margin is 9.76%.
Franklin Resources, Inc (BEN) Insider and Institutional Ownership
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 46.50%, while institutional ownership is 44.16%. The most recent insider transaction that took place on Oct 16 ’24, was worth 369,943. In this transaction Affiliate of Investment Adv of this company sold 8,467 shares at a rate of $43.69, taking the stock ownership to the 51,019 shares. Before that another transaction happened on Oct 18 ’24, when Company’s Affiliate of Investment Adv sold 7,900 for $43.71, making the entire transaction worth $345,315. This insider now owns 36,519 shares in total.
Franklin Resources, Inc (BEN) Latest Financial update
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.65 earnings per share (EPS), higher than consensus estimate (set at 0.57) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.58 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.86% during the next five years compared to -18.40% 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. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.32. Likewise, its price to free cash flow for the trailing twelve months is 10.88.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.88, a number that is poised to hit 0.56 in the next quarter and is forecasted to reach 2.60 in one year’s time.
Technical Analysis of Franklin Resources, Inc (BEN)
The latest stats from [Franklin Resources, Inc, BEN] show that its last 5-days average volume of 3.29 million was inferior to 4.04 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 76.89%. Additionally, its Average True Range was 0.60.
During the past 100 days, Franklin Resources, Inc’s (BEN) raw stochastic average was set at 46.59%, which indicates a significant decrease from 80.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.19% in the past 14 days, which was lower than the 33.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.34, while its 200-day Moving Average is $23.38. Now, the first resistance to watch is $21.66. This is followed by the second major resistance level at $21.84. The third major resistance level sits at $22.05. If the price goes on to break the first support level at $21.27, it is likely to go to the next support level at $21.06. The third support level lies at $20.88 if the price breaches the second support level.
Franklin Resources, Inc (NYSE: BEN) Key Stats
The company with the Market Capitalisation of 11.23 billion has total of 522,998K Shares Outstanding. Its annual sales at the moment are 8,478 M in contrast with the sum of 464,800 K annual income. Company’s last quarter sales were recorded 2,211 M and last quarter income was -84,700 K.
