On Tuesday, Brown & Brown, Inc (NYSE: BRO) opened lower -0.58% from the last session, before settling in for the closing price of $119.87. Price fluctuations for BRO have ranged from $80.33 to $120.39 over the past 52 weeks.
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Annual sales at Financial sector company grew by 15.12% over the past five years. Company’s average yearly earnings per share was noted 8.99% at the time writing. With a float of $236.87 million, this company’s outstanding shares have now reached $286.00 million.
Let’s look at the performance matrix of the company that is accounted for 17403 employees. In terms of profitability, gross margin is 69.54%, operating margin of 23.62%, and the pretax margin is 27.09%.
Brown & Brown, Inc (BRO) Insider Updates
A key investor’s attitude towards the stock of the Insurance Brokers industry is another important factor to consider. The insider ownership of Brown & Brown, Inc is 17.16%, while institutional ownership is 75.26%. The most recent insider transaction that took place on Nov 26 ’24, was worth 3,343,690. Before that another transaction happened on Nov 25 ’24, when Company’s Chairman sold 389,007 for $111.75, making the entire transaction worth $43,471,532. This insider now owns 36,029,921 shares in total.
Brown & Brown, Inc (BRO) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.02 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.99% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 9.65% during the next five years compared to 19.72% growth over the previous five years of trading.
Brown & Brown, Inc (NYSE: BRO) Trading Performance Indicators
Check out the current performance indicators for Brown & Brown, Inc (BRO). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.09. Likewise, its price to free cash flow for the trailing twelve months is 31.20.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.46, a number that is poised to hit 1.29 in the next quarter and is forecasted to reach 4.55 in one year’s time.
Technical Analysis of Brown & Brown, Inc (BRO)
Brown & Brown, Inc (NYSE: BRO) saw its 5-day average volume 2.01 million, a positive change from its year-to-date volume of 1.63 million. As of the previous 9 days, the stock’s Stochastic %D was 92.49%. Additionally, its Average True Range was 1.82.
During the past 100 days, Brown & Brown, Inc’s (BRO) raw stochastic average was set at 92.95%, which indicates a significant increase from 88.91% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.15% in the past 14 days, which was lower than the 18.41% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $106.96, while its 200-day Moving Average is $102.08. Nevertheless, the first resistance level for the watch stands at $120.24 in the near term. At $121.32, the stock is likely to face the second major resistance level. The third major resistance level sits at $122.02. If the price goes on to break the first support level at $118.46, it is likely to go to the next support level at $117.76. Assuming the price breaks the second support level, the third support level stands at $116.68.
Brown & Brown, Inc (NYSE: BRO) Key Stats
There are currently 285,932K shares outstanding in the company with a market cap of 34.07 billion. Presently, the company’s annual sales total 4,805 M according to its annual income of 993,000 K. Last quarter, the company’s sales amounted to 1,183 M and its income totaled 209,000 K.
