A new trading day began on Monday, with Franklin Resources, Inc (NYSE: BEN) stock price down -0.15% from the previous day of trading, before settling in for the closing price of $20.49. BEN’s price has ranged from $18.94 to $30.32 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Financial sector saw sales topped by 10.40%. Meanwhile, its annual earnings per share averaged 1.20%. With a float of $280.59 million, this company’s outstanding shares have now reached $523.60 million.
The extent of productivity of a business whose workforce counts for 10200 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 Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Asset Management Industry. The insider ownership of Franklin Resources, Inc is 46.42%, while institutional ownership is 45.14%. The most recent insider transaction that took place on Dec 16 ’24, was worth 101,707. In this transaction Affiliate of Investment Adv of this company sold 2,209 shares at a rate of $46.04, taking the stock ownership to the 28,000 shares. Before that another transaction happened on Dec 10 ’24, when Company’s Affiliate of Investment Adv sold 2,610 for $47.43, making the entire transaction worth $123,795. This insider now owns 32,909 shares in total.
Franklin Resources, Inc (BEN) Performance Highlights and Predictions
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 1.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.00% 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
Here are Franklin Resources, Inc’s current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.29. Likewise, its price to free cash flow for the trailing twelve months is 14.01.
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 2.57 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 5.01 million was superior to 4.04 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 12.52%. Additionally, its Average True Range was 0.62.
During the past 100 days, Franklin Resources, Inc’s (BEN) raw stochastic average was set at 35.03%, which indicates a significant increase from 15.62% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.03% in the past 14 days, which was lower than the 34.56% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.35, while its 200-day Moving Average is $22.63. Now, the first resistance to watch is $20.63. This is followed by the second major resistance level at $20.80. The third major resistance level sits at $20.98. If the price goes on to break the first support level at $20.28, it is likely to go to the next support level at $20.10. Assuming the price breaks the second support level, the third support level stands at $19.93.
Franklin Resources, Inc (NYSE: BEN) Key Stats
With a market capitalization of 10.99 billion, the company has a total of 523,668K Shares Outstanding. Currently, annual sales are 8,478 M while annual income is 464,800 K. The company’s previous quarter sales were 2,211 M while its latest quarter income was -84,700 K.
