A new trading day began on Tuesday, with Brown & Brown, Inc (NYSE: BRO) stock price down -0.39% from the previous day of trading, before settling in for the closing price of $109.78. BRO’s price has ranged from $69.13 to $114.08 over the past 52 weeks.
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During the last 5-year period, the sales growth of Financial Sector giant was 16.22%. Meanwhile, its annual earnings per share averaged 33.93%. With a float of $236.23 million, this company’s outstanding shares have now reached $284.60 million.
Let’s determine the extent of company efficiency that accounts for 16152 employees. In terms of profitability, gross margin is 79.93%, operating margin of 30.03%, and the pretax margin is 29.73%.
Brown & Brown, Inc (BRO) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Insurance Brokers Industry. The insider ownership of Brown & Brown, Inc is 17.39%, while institutional ownership is 74.23%. 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) Earnings and Forecasts
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
Here are Brown & Brown, Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.73. Likewise, its price to free cash flow for the trailing twelve months is 30.48.
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)
Looking closely at Brown & Brown, Inc (NYSE: BRO), its last 5-days average volume was 1.21 million, which is a drop from its year-to-date volume of 1.32 million. As of the previous 9 days, the stock’s Stochastic %D was 37.06%. Additionally, its Average True Range was 1.93.
During the past 100 days, Brown & Brown, Inc’s (BRO) raw stochastic average was set at 81.65%, which indicates a significant increase from 52.60% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.89% in the past 14 days, which was higher than the 18.77% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $105.62, while its 200-day Moving Average is $93.94. However, in the short run, Brown & Brown, Inc’s stock first resistance to watch stands at $110.01. Second resistance stands at $110.66. The third major resistance level sits at $111.58. If the price goes on to break the first support level at $108.44, it is likely to go to the next support level at $107.52. Should the price break the second support level, the third support level stands at $106.87.
Brown & Brown, Inc (NYSE: BRO) Key Stats
With a market capitalization of 31.27 billion, the company has a total of 285,958K Shares Outstanding. Currently, annual sales are 4,257 M while annual income is 870,500 K. The company’s previous quarter sales were 1,186 M while its latest quarter income was 234,000 K.
