Franklin Resources, Inc (NYSE: BEN) kicked off on Monday, down -0.75% from the previous trading day, before settling in for the closing price of $22.76. Over the past 52 weeks, BEN has traded in a range of $18.94-$30.32.
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During the last 5-year period, the sales growth of Financial Sector giant was 10.40%. While this was happening, its average annual earnings per share was recorded 0.81%. 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) Breakdown of a Key Holders of the stock
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 45.16%. 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) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 0.81% 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
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 1.39. Likewise, its price to free cash flow for the trailing twelve months is 15.13.
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 4.03 million, which is a jump from its year-to-date volume of 4.01 million. As of the previous 9 days, the stock’s Stochastic %D was 87.33%. Additionally, its Average True Range was 0.52.
During the past 100 days, Franklin Resources, Inc’s (BEN) raw stochastic average was set at 67.25%, which indicates a significant decrease from 80.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 21.21% in the past 14 days, which was lower than the 34.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $20.89, while its 200-day Moving Average is $23.06. However, in the short run, Franklin Resources, Inc’s stock first resistance to watch stands at $22.80. Second resistance stands at $23.02. The third major resistance level sits at $23.15. If the price goes on to break the first support level at $22.45, it is likely to go to the next support level at $22.32. Now, if the price goes above the second support level, the third support stands at $22.10.
Franklin Resources, Inc (NYSE: BEN) Key Stats
The company with the Market Capitalisation of 11.87 billion has total of 523,668K 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.
