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Broadridge Financial Solutions, Inc. (BR)

193.38 +0.40 (+0.21%)
At close: 4:00 PM EDT
192.79 -0.59 (-0.31%)
After hours: 4:04 PM EDT
Loading Chart for BR
DELL
  • Previous Close 192.98
  • Open 193.94
  • Bid --
  • Ask --
  • Day's Range 193.33 - 194.92
  • 52 Week Range 139.52 - 210.24
  • Volume 372,368
  • Avg. Volume 536,298
  • Market Cap (intraday) 22.775B
  • Beta (5Y Monthly) 0.98
  • PE Ratio (TTM) 33.75
  • EPS (TTM) 5.73
  • Earnings Date Apr 30, 2024 - May 6, 2024
  • Forward Dividend & Yield 3.20 (1.66%)
  • Ex-Dividend Date Mar 14, 2024
  • 1y Target Est 209.13

Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry. The company's Investor Communication Solutions segment processes and distributes proxy materials to investors in equity securities and mutual funds, as well as facilitates related vote processing services; and distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions. It also offers ProxyEdge, an electronic proxy delivery and voting solution; data-driven solutions and an end-to-end platform for content management, composition, and omni-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund trade processing services; solutions for public corporations and mutual funds; data and analytics solutions; SEC filing and capital markets transaction services; registrar, stock transfer, and record-keeping services; and omni-channel customer communications solutions, as well as operates Broadridge Communications Cloud platform that creates, delivers, and manages communications and customer engagement activities. Its Global Technology and Operations segment provides solutions that automate the front-to-back transaction lifecycle of equity, mutual fund, fixed income, foreign exchange and exchange-traded derivatives, order capture and execution, trade confirmation, margin, cash management, clearing and settlement, reference data management, reconciliations, securities financing and collateral management, asset servicing, compliance and regulatory reporting, portfolio accounting, and custody-related services. This segment also offers business process outsourcing services; technology solutions, such portfolio management, compliance, fee billing, and operational support solutions; and capital market and wealth and investment management solutions. The company was founded in 1962 and is headquartered in Lake Success, New York.

www.broadridge.com

14,700

Full Time Employees

June 30

Fiscal Year Ends

Recent News: BR

Performance Overview: BR

Trailing total returns as of 4/19/2024, which may include dividends or other distributions. Benchmark is

.

YTD Return

BR
5.64%
S&P 500
4.14%

1-Year Return

BR
34.88%
S&P 500
19.55%

3-Year Return

BR
29.70%
S&P 500
18.68%

5-Year Return

BR
86.92%
S&P 500
70.99%

Compare To: BR

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Statistics: BR

Valuation Measures

As of 4/18/2024
  • Market Cap

    22.73B

  • Enterprise Value

    26.33B

  • Trailing P/E

    33.62

  • Forward P/E

    22.47

  • PEG Ratio (5yr expected)

    1.63

  • Price/Sales (ttm)

    3.64

  • Price/Book (mrq)

    10.99

  • Enterprise Value/Revenue

    4.16

  • Enterprise Value/EBITDA

    19.79

Financial Highlights

Profitability and Income Statement

  • Profit Margin

    10.82%

  • Return on Assets (ttm)

    7.89%

  • Return on Equity (ttm)

    35.48%

  • Revenue (ttm)

    6.32B

  • Net Income Avi to Common (ttm)

    683.8M

  • Diluted EPS (ttm)

    5.73

Balance Sheet and Cash Flow

  • Total Cash (mrq)

    277.7M

  • Total Debt/Equity (mrq)

    187.41%

  • Levered Free Cash Flow (ttm)

    846.19M

Research Analysis: BR

Analyst Price Targets

185.00 Low
209.13 Average
193.38 Current
239.00 High
 

Fair Value

Overvalued
% Return
193.38 Current
 

Analyst Recommendations

  • Strong Buy
  • Buy
  • Hold
  • Underperform
  • Sell
 

Earnings

Consensus EPS
 

Research Reports: BR

  • BR: Lowering target price to $203.00

    BROADRIDGE FINANCIAL SOLUTIO has an Investment Rating of HOLD; a target price of $203.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Neutral
    Price Target
     
  • BR: Raising target price to $218.00

    BROADRIDGE FINANCIAL SOLUTIO has an Investment Rating of HOLD; a target price of $218.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Neutral
    Price Target
     
  • BR: Raising target price to $213.00

    BROADRIDGE FINANCIAL SOLUTIO has an Investment Rating of HOLD; a target price of $213.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Neutral
    Price Target
     
  • BR: What does Argus have to say about BR?

    BROADRIDGE FINANCIAL SOLUTIO has an Investment Rating of HOLD; a target price of $212.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Medium.

    Rating
    Neutral
    Price Target
     

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