On Tuesday, Franklin Resources, Inc (NYSE: BEN) was 0.22% up from the session before settling in for the closing price of $22.30. A 52-week range for BEN has been $18.94 – $30.32.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 10.40%. When this article was written, the company’s average yearly earnings per share was at 0.69%. With a float of $280.27 million, this company’s outstanding shares have now reached $523.60 million.
Considering the fact that the conglomerate employs 10200 people, you should pay attention to its efficiency factor. 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 46.48%, while institutional ownership is 45.16%. The most recent insider transaction that took place on Dec 10 ’24, was worth 123,795. In this transaction Affiliate of Investment Adv of this company sold 2,610 shares at a rate of $47.43, taking the stock ownership to the 32,909 shares. Before that another transaction happened on Oct 16 ’24, when Company’s Affiliate of Investment Adv sold 8,467 for $43.69, making the entire transaction worth $369,943. This insider now owns 51,019 shares in total.
Franklin Resources, Inc (BEN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.59 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 1.37. Likewise, its price to free cash flow for the trailing twelve months is 14.91.
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)
Compared to the last year’s volume of 4.02 million, its volume of 4.6 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 23.40%. Additionally, its Average True Range was 0.56.
During the past 100 days, Franklin Resources, Inc’s (BEN) raw stochastic average was set at 66.06%, which indicates a significant increase from 53.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.62% in the past 14 days, which was lower than the 34.01% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.09, while its 200-day Moving Average is $22.92. Nevertheless, the first resistance level for the watch stands at $22.60 in the near term. At $22.84, the stock is likely to face the second major resistance level. The third major resistance level sits at $23.19. If the price goes on to break the first support level at $22.01, it is likely to go to the next support level at $21.66. Should the price break the second support level, the third support level stands at $21.42.
Franklin Resources, Inc (NYSE: BEN) Key Stats
There are 523,668K outstanding shares of the company, which has a market capitalization of 11.70 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.
