Broadridge Financial Solutions, Inc.

NYSE:BR

$236.02 USD

$0.22 (0.09%)

Volume
253.04K
Average Volume
524.74K
Market Capitalization
$27.59B
P/E Ratio
40.16
Dividend Yield
1.39%
Price Target
$196.50
Year High
$237.74
Year Low
$188.30
Payout Ratio
$0.55
Current Ratio
$1.39

Industry, Sector & symbol

Stock Exchange New York Stock Exchange
CEO Mr. Timothy C. Gokey
Industry Information Technology Services
Sector Technology
Current Symbol BR
CUSIP 11133T103
CIK 0001383312
Web https://www.broadridge.com
Phone 516 472 5400
Currency USD
Employees 14000
Country US

Liquidity

Debt-to-Equity Ratio 1.63
Payout Ratio 0.55
Current Ratio 1.39
Quick Ratio 1.39
Cash Ratio 0.30

Sales & Book Value

Annual Sales $6.51B
Price / Sales 4.25
Cash Flow 7.58
Price / Cash Flow 31.13
Price / Book 12.50

Price Target and Rating

Average Stock Price Forecast $196.50
High Stock Price Forecast $250.00
Low Stock Price Forecast $160.00
Forecast Upside/Downside 20.11%
Consensus Rating Sell
Rating Score(0-5) 2
Research Coverage 7 Analysts

Profitability

EPS (Most Recent Fiscal Year) $5.86
Trailing P/E Ratio 40.16
PEG Ratio -26.46
P/E Growth -26.46
Net Income $698.1M
Net Margin 10.57%
Pretax Margin 13.31%
Return on Equity 31.55%
Return on Assets 8.57%

Financials Score

AltmanZ Score 4.77
Piotroski Score 7.00
Working Capital 377.8M
Total Assets 8.02B
Ebit 1.1B
Market Cap 27.59B
Total Liabilities 5.81B

Poll Results

About Broadridge Financial Solutions, Inc. (NYSE:BR) Stock

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; data and analyt ... ics solutions; solutions for public corporations and mutual funds; 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. The company's 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, clearance 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 management solutions. The company was founded in 1962 and is headquartered in Lake Success, New York.

Broadridge Stock Rises 11% in a Month: What You Should Know

2024-11-27 12:11:13

BR gains advantages from its growth initiatives across governance, capital markets and wealth management.

LTX, A Broadridge Company, Announces Strategic Partnership with TransFICC to Improve Connectivity and Onboarding Speeds

2024-11-26 02:00:00

Sell-side clients benefit from simplified integration and connectivity to LTX, reduced operational risk and implementation costs and improved time-to-market NEW YORK , Nov. 26, 2024 /PRNewswire/ -- LTX, an AI-powered fixed income trading platform backed by global Fintech leader, Broadridge Financial Solutions Inc. (NYSE:BR), today announced its strategic partnership with TransFICC, a leading provider of e-trading technology for fixed income markets. This collaboration enables dealers to more quickly and efficiently onboard and connect to LTX, via TransFICC's One API for eTrading platform.

Broadridge to Participate in Upcoming Investor Event

2024-11-21 16:45:00

NEW YORK , Nov. 21, 2024 /PRNewswire/ -- Broadridge Financial Solutions, Inc. (NYSE:BR) announced that it will be participating at the UBS Global Technology and AI Conference, including a fireside chat with management, available on Broadridge's Investor Relations page at www.broadridge-ir.com. UBS Global Technology and AI Conference – Scottsdale, Arizona Date and Time: December 4, 10:55 A.M.

Broadridge initiated with a Neutral at UBS

2024-11-21 04:50:57

UBS initiated coverage of Broadridge with a Neutral rating and $250 price target. The analyst believes Broadridge is well positioned to deliver consistent recurring revenue growth in the mid- to high-single digits in the medium term, driven by favorable demographics and growing complexities in investment markets. However, with the stock's valuation is "fairly full," the analyst tells investors in a research note.

Broadridge Significantly Enhances Structured Product Trading Capabilities

2024-11-21 01:00:00

New enhancements address industry needs to quote at unprecedented scale, while optimizing trading technology to unlock significant efficiency gains for traders NEW YORK and LONDON , Nov. 21, 2024 /PRNewswire/ -- Broadridge Financial Solutions , Inc. (NYSE:BR), a global Fintech leader, today announced transformative enhancements to Tbricks, its high-performance multi-asset trading and market making solution. Broadridge's latest Structured Products Market Making enhancements are set to transform global trading operations, enabling trading desks to quote hundreds of thousands of structured products across multiple markets and distribution channels simultaneously.

Frequently Asked Questions

What is the current Broadridge Financial Solutions, Inc. (BR) stock price?

Broadridge Financial Solutions, Inc.(NYSE:BR) stock price is $236.02 in the last trading session. During the trading session, BR stock reached the peak price of $237.74 while $188.3 was the lowest point it dropped to. The percentage change in BR stock occurred in the recent session was 0.09% while the dollar amount for the price change in BR stock was $0.22.

BR's industry and sector of operation?

The NYSE listed BR is part of Information Technology Services industry that operates in the broader Technology sector.

Who are the executives of BR?

Ms. Hope M. Jarkowski | Corporate Vice President & Chief Legal Officer
Ms. Laura Matlin | Corporate Vice President, Deputy General Counsel & Chief Compliance Officer
Mr. Christopher J. Perry | President
Ms. Roz Smith | Chief Operating Officer
Mr. Tyler Derr | Chief Technology Officer

How many employees does BR have?

Number of BR employees currently stands at 14000. BR operates from 5 Dakota Drive, Lake Success, NY 11042, US.

Link for BR official website?

Official Website of BR is: https://www.broadridge.com

How do I contact BR?

BR could be contacted at phone #516 472 5400 and can also be accessed through its website. BR operates from 5 Dakota Drive, Lake Success, NY 11042, US.

How many shares of BR are traded daily?

The average number of BR shares traded daily for last 3 months was 524.74K.

What is the market cap of BR currently?

The market value of BR currently stands at $27.59B with its latest stock price at $236.02