Broadridge Financial Solutions (NYSE:BR – Get Free Report) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 8.350-8.660 for the period, compared to the consensus EPS estimate of 8.500. The company issued revenue guidance of -.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on BR shares. JPMorgan Chase & Co. lifted their target price on Broadridge Financial Solutions from $224.00 to $225.00 and gave the company a “neutral” rating in a research report on Tuesday, August 20th. Morgan Stanley increased their price objective on Broadridge Financial Solutions from $200.00 to $207.00 and gave the company an “equal weight” rating in a report on Wednesday, November 6th. Royal Bank of Canada reissued an “outperform” rating and issued a $246.00 price target on shares of Broadridge Financial Solutions in a research report on Wednesday, November 6th. Finally, StockNews.com lowered shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, November 9th. Four analysts have rated the stock with a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $217.83.
View Our Latest Stock Analysis on Broadridge Financial Solutions
Broadridge Financial Solutions Stock Performance
Broadridge Financial Solutions (NYSE:BR – Get Free Report) last issued its earnings results on Tuesday, November 5th. The business services provider reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.03. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.48 billion. Broadridge Financial Solutions had a net margin of 10.57% and a return on equity of 41.79%. The firm’s revenue for the quarter was down .6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.09 earnings per share. On average, equities analysts forecast that Broadridge Financial Solutions will post 8.53 earnings per share for the current fiscal year.
Insider Activity at Broadridge Financial Solutions
In other Broadridge Financial Solutions news, President Christopher John Perry sold 162 shares of the stock in a transaction on Monday, August 19th. The stock was sold at an average price of $210.00, for a total transaction of $34,020.00. Following the sale, the president now owns 67,267 shares in the company, valued at approximately $14,126,070. This represents a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other Broadridge Financial Solutions news, Director Maura A. Markus sold 3,880 shares of the business’s stock in a transaction dated Monday, November 11th. The stock was sold at an average price of $227.02, for a total transaction of $880,837.60. Following the completion of the sale, the director now owns 27,788 shares of the company’s stock, valued at approximately $6,308,431.76. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, President Christopher John Perry sold 162 shares of the business’s stock in a transaction dated Monday, August 19th. The stock was sold at an average price of $210.00, for a total value of $34,020.00. Following the sale, the president now owns 67,267 shares of the company’s stock, valued at $14,126,070. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. In the last three months, insiders have sold 140,996 shares of company stock valued at $30,073,732. Insiders own 1.30% of the company’s stock.
Broadridge Financial Solutions Company Profile
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.
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