On Monday, Franklin Resources, Inc (NYSE: BEN) was 3.46% up from the session before settling in for the closing price of $21.96. A 52-week range for BEN has been $18.94 – $30.32.
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During the last 5-year period, the sales growth of Financial Sector giant was 10.40%. When this article was written, the company’s average yearly earnings per share was at 0.69%. With a float of $280.15 million, this company’s outstanding shares have now reached $523.60 million.
Let’s determine the extent of company efficiency that accounts for 10200 employees. 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 Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Franklin Resources, Inc stocks. The insider ownership of Franklin Resources, Inc is 46.50%, while institutional ownership is 45.17%. 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) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.65 earnings per share (EPS) during the time that was better than consensus figure (set at 0.58) by 0.07. 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 -18.46% drop over the previous five years of trading.
Franklin Resources, Inc (NYSE: BEN) Trading Performance Indicators
You can see what Franklin Resources, Inc (BEN) 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 1.39. Likewise, its price to free cash flow for the trailing twelve months is 15.16.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.86, 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)
Looking closely at Franklin Resources, Inc (NYSE: BEN), its last 5-days average volume was 3.97 million, which is a drop from its year-to-date volume of 4.02 million. As of the previous 9 days, the stock’s Stochastic %D was 86.66%. Additionally, its Average True Range was 0.53.
During the past 100 days, Franklin Resources, Inc’s (BEN) raw stochastic average was set at 69.65%, which indicates a significant decrease from 95.78% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.20% in the past 14 days, which was lower than the 34.05% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.73, while its 200-day Moving Average is $23.15. However, in the short run, Franklin Resources, Inc’s stock first resistance to watch stands at $23.00. Second resistance stands at $23.27. The third major resistance level sits at $23.75. If the price goes on to break the first support level at $22.25, it is likely to go to the next support level at $21.77. Should the price break the second support level, the third support level stands at $21.50.
Franklin Resources, Inc (NYSE: BEN) Key Stats
There are 523,668K outstanding shares of the company, which has a market capitalization of 11.90 billion. As of now, sales total 8,478 M while income totals 464,800 K. Its latest quarter income was 2,211 M while its last quarter net income were -84,700 K.
