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Broadridge Financial Solutions Inc Stock Research

BR

146.57USD+1.46(+1.01%)Market Closed

Market Summary

USD146.57+1.46
Market Closed
1.01%

BR Alerts

BR Stock Price

BR RSI Chart

BR Valuation

Market Cap

17.3B

Price/Earnings (Trailing)

32.39

Price/Sales (Trailing)

2.96

Price/Free Cashflow

40.77

BR Price/Sales (Trailing)

BR Profitability

Return on Equity

29.81%

Return on Assets

6.62%

Free Cashflow Yield

2.45%

BR Fundamentals

BR Revenue

Revenue (TTM)

5.8B

Revenue Y/Y

2.64%

Revenue Q/Q

0.75%

BR Earnings

Earnings (TTM)

532.6M

Earnings Y/Y

21.82%

Earnings Q/Q

14.09%

Price Action

52 Week Range

130.00180.67
(Low)(High)

Last 7 days

4.3%

Last 30 days

5.3%

Last 90 days

9.9%

Trailing 12 Months

-4.0%

BR Financial Health

Current Ratio

1.26

Debt/Equity

1.98

Debt/Cashflow

0.12

BR Investor Care

Dividend Yield

1.86%

Dividend/Share (TTM)

2.73

Shares Dilution (1Y)

0.94%

Diluted EPS (TTM)

4.48

Peers (Alternatives to Broadridge Financial Solutions)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
350.7B
22.2B
2.80% 1.98%
35.32
15.77
17.76% 14.31%
180.1B
62.4B
8.43% -14.31%
25.54
2.89
16.08% 13.77%
118.5B
60.5B
2.26% 5.85%
72.31
1.96
5.54% -71.46%
40.7B
17.5B
-10.41% -49.37%
-75.24
2.32
-0.73% -425.19%
17.3B
5.8B
5.26% -4.03%
32.39
2.96
8.54% -1.33%
MID-CAP
7.9B
2.4B
-5.10% 3.05%
47.54
3.38
27.02% 23.58%
5.9B
14.8B
-8.09% -21.67%
8.19
0.4
-10.79% 217.70%
5.5B
3.4B
2.25% -14.02%
24.02
1.65
12.13% 226.60%
4.2B
4.5B
-13.30% -39.64%
4.57
0.93
-11.74% 13.01%
SMALL-CAP
748.9M
3.9B
-12.94% -33.53%
-4.12
0.19
-6.81% -550.00%
583.0M
279.2M
-18.89% -55.52%
45.42
2.09
27.35% 125.63%
281.1M
417.8M
- -
-10.38
1.26
224.00% -66.06%
263.0M
2.0B
-18.66% -82.05%
-2.48
0.13
-3.63% 76.37%
43.7M
69.4M
-4.92% -51.40%
-7.96
0.63
12.09% -1604.81%

Financials for Broadridge Financial Solutions

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue0.6%5,8335,8005,7095,5185,374
  S&GA Expenses-1.8%847862832831811
Costs and Expenses-0.1%5,0505,0554,9494,8184,681
EBITDA-668----
EBITDA Margin-0.12*----
EBT Margin-0.10*----
Interest Expenses11.2%10191.0082.0069.0066.00
Net Income2.0%533522539551540
Net Income Margin1.4%0.09*0.09*0.09*0.10*-
Free Cahsflow22.4%423346415404-
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets-0.5%8,0518,0918,1698,3508,116
  Current Assets5.0%1,2831,2221,3281,4951,267
    Cash Equivalents23.3%280227225277281
  Inventory-29.00----
  Net PPE-1.2%143145151165170
  Goodwill-1.3%3,3883,4343,4853,5783,664
Liabilities1.3%6,2656,1876,2506,5286,368
  Current Liabilities2.7%1,0199921,3131,1771,088
    LT Debt, Non Current1.0%4,1054,0643,7934,1674,157
Shareholder's Equity-6.2%1,7871,9041,9191,8211,748
  Retained Earnings-1.0%2,7612,7892,8242,6512,549
  Additional Paid-In Capital1.6%1,4021,3801,3451,3331,308
Shares Outstanding0%118118117117117
Float-21,192----
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations22.0%457374444437462
  Share Based Compensation-2.6%69.0070.0068.0067.0066.00
Cashflow From Investing-4.6%-91.60-87.60-110-2,669-2,663
Cashflow From Financing3.3%-353-365-3702,1572,114
  Dividend Payments3.6%310299291283274
  Buy Backs-5.2%24.0025.0023.0023.0022.00

Risks for BR

What is the probability of a big loss on BR?

60.8%


Probability that Broadridge Financial Solutions stock will be more than 20% underwater in next one year

31.5%


Probability that Broadridge Financial Solutions stock will be more than 30% underwater in next one year.

0%


Probability that Broadridge Financial Solutions stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does BR drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Broadridge Financial Solutions was unfortunately bought at previous high price.

Drawdowns

Returns for BR

Cumulative Returns on BR

22.1%


10-Year Cumulative Returns

15.8%


7-Year Cumulative Returns

7.8%


5-Year Cumulative Returns

17.6%


3-Year Cumulative Returns

What are the long-term rolling returns for BR?

FIve years rolling returns for Broadridge Financial Solutions.

Annualized Returns

Which funds bought or sold BR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-27
Neo Ivy Capital Management
sold off
-100
-6,000
-
-%
2023-03-23
ETF MANAGERS GROUP, LLC
added
4.46
-18,527
618,473
0.03%
2023-03-23
MetLife Investment Management, LLC
reduced
-1.63
-439,531
4,683,680
0.04%
2023-03-22
Campion Asset Management
sold off
-100
-203,000
-
-%
2023-03-17
American Portfolios Advisors
added
3.06
29,925
719,724
0.03%
2023-03-15
B. Riley Wealth Advisors, Inc.
reduced
-30.94
-209,542
377,458
0.01%
2023-03-10
MATHER GROUP, LLC.
new
-
441,086
441,086
0.01%
2023-03-10
BAILLIE GIFFORD & CO
reduced
-5.78
-64,949,300
457,285,000
0.48%
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-19.37
-2,561,650
7,657,350
0.01%
2023-03-06
Rockefeller Capital Management L.P.
added
1.34
-92,000
1,496,000
0.01%

1–10 of 49

Latest Funds Activity

Are funds buying BR calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own BR
No. of Funds

Broadridge Financial Solutions News

MarketWatch

Broadridge Financial Solutions Inc. stock rises Friday, still underperforms market.

MarketWatch,
7 hours ago

Exchange News Direct

Marketscreener.com

Schedule 13G FIlings of Broadridge Financial Solutions

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
12.12%
14,255,958
SC 13G/A
Feb 08, 2023
morgan stanley
5.6%
6,577,256
SC 13G
Jan 25, 2023
blackrock inc.
9.0%
10,628,720
SC 13G
Feb 09, 2022
vanguard group inc
11.67%
13,606,219
SC 13G/A
Feb 03, 2022
blackrock inc.
8.2%
9,566,678
SC 13G/A
Feb 11, 2021
janus henderson group plc
5.5%
6,354,526
SC 13G/A
Feb 10, 2021
vanguard group inc
11.65%
13,469,527
SC 13G/A
Jan 29, 2021
blackrock inc.
8.2%
9,454,406
SC 13G/A
Feb 13, 2020
janus henderson group plc
5.5%
6,250,226
SC 13G/A
Feb 11, 2020
vanguard group inc
12.46%
14,293,496
SC 13G/A

BR Fair Value

Broadridge Financial Solutions fair value in different scenarios

The table shows the Fair Value estimates for Broadridge Financial Solutions for various scenarios. Disclaimer: These are just estimations from a model. None of the models are good at predicting the future. Please dont buy or sell stocks based on these outputs.
Fair ValueVery PessimisticPessimisticBase CaseOptimisticVery Optimistic
Very Low Inflation

67.94

-53.65%

86.59

-40.92%

122.99

-16.09%

160.15

9.27%

190.83

30.20%
Current Inflation

62.17

-57.58%

78.03

-46.76%

108.53

-25.95%

139.42

-4.88%

164.83

12.46%
Very High Inflation

55.07

-62.43%

67.74

-53.78%

91.59

-37.51%

115.50

-21.20%

135.11

-7.82%

Historical Broadridge Financial Solutions Fair Value Estimates


Very Pessimistic Case
Pessimistic Case
Fair Value
Optimistic Case
Very Optimistic Case
Closing Stock Price

Recent SEC filings of Broadridge Financial Solutions

View All Filings
Date Filed Form Type Document
Mar 02, 2023
8-K
Current Report
Feb 27, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading
Feb 17, 2023
4
Insider Trading

Latest Insider Trading transactions for BR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-02-24
Duelks Robert N
sold
-201,017
141
-1,425
-
2023-01-31
Reese Edmund
acquired
-
-
1,721
corporate vp and cfo
2023-01-31
Reese Edmund
sold (taxes)
-147,804
150
-983
corporate vp and cfo
2023-01-05
BRUN LESLIE A
acquired
-
-
136
-
2023-01-05
Markus Maura A.
acquired
-
-
79.00
-
2023-01-05
KELLER BRETT
acquired
-
-
47.00
-
2023-01-05
Zavery Amit
acquired
-
-
24.00
-
2023-01-05
PERNA THOMAS J
acquired
-
-
95.00
-
2023-01-05
Duelks Robert N
acquired
-
-
95.00
-
2023-01-05
MURRAY EILEEN K
acquired
-
-
3.00
-

1–10 of 50

Timothy C. Gokey
13700
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry worldwide. 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 offers ProxyEdge, an electronic proxy delivery and voting solution. It also distributes regulatory reports, class action, and corporate action/reorganization event information, as well as tax reporting solutions; and provides content management, composition, and omni-channel distribution of regulatory, marketing, and transactional information, as well as mutual fund trade processing services. This segment offers data and analytics solutions; solutions for public corporations and mutual funds; financial reporting document composition and management solutions; SEC disclosure and filing 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 offers desktop productivity tools, data aggregation, performance reporting, portfolio management, order capture and execution, trade confirmation, margin, cash management, clearance and settlement, asset servicing, reference data management, reconciliations, securities financing and collateral optimization, compliance and regulatory reporting, and portfolio accounting and custody-related services. It also provides business process outsourcing services; technology solutions, such as portfolio management, compliance, and operational workflow solutions; and capital market and wealth management solutions. The company was founded in 1962 and is headquartered in Lake Success, New York.

BR Income Statement

2022-12-31
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2022
Dec. 31, 2021
Income Statement [Abstract]    
Revenues$ 1,292.9$ 1,259.6$ 2,576.2$ 2,452.5
Operating expenses:    
Cost of revenues988.2978.41,978.71,892.5
Selling, general and administrative expenses196.8212.3402.1387.8
Total operating expenses1,185.01,190.72,380.82,280.3
Operating income107.968.9195.4172.1
Interest expense, net(34.1)(21.4)(61.0)(44.0)
Other non-operating income (expenses), net(1.9)4.4(7.1)2.0
Earnings before income taxes71.951.9127.3130.1
Provision for income taxes14.44.719.315.7
Net earnings$ 57.5$ 47.2$ 108.0$ 114.4
Basic earnings per share (in dollars per share)$ 0.49$ 0.40$ 0.92$ 0.98
Diluted earnings per share (in dollars per share)$ 0.48$ 0.40$ 0.91$ 0.97
Weighted-average shares outstanding:    
Basic (in shares)117.7116.6117.6116.4
Diluted (in shares)118.9118.7118.9118.5

BR Balance Sheet

2022-12-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2022
Jun. 30, 2022
Current assets:  
Cash and cash equivalents$ 280.0$ 224.7
Accounts receivable, net of allowance for doubtful accounts of $5.9 and $6.8, respectively860.2946.9
Other current assets142.5156.8
Total current assets1,282.71,328.4
Property, plant and equipment, net143.3150.9
Goodwill3,388.23,484.9
Intangible assets, net931.21,077.1
Deferred client conversion and start-up costs1,437.91,232.3
Other non-current assets867.9895.3
Total assets8,051.38,168.8
Current liabilities:  
Payables and accrued expenses824.21,114.9
Contract liabilities194.7198.5
Total current liabilities1,018.91,313.4
Long-term debt4,105.43,793.0
Deferred taxes404.4446.1
Contract liabilities261.1215.8
Other non-current liabilities474.8481.5
Total liabilities6,264.76,249.8
Commitments and contingencies
Stockholders’ equity:  
Preferred stock: Authorized, 25.0 shares; issued and outstanding, none0.00.0
Common stock, $0.01 par value: 650.0 shares authorized; 154.5 and 154.5 shares issued, respectively; and 117.7 and 117.3 shares outstanding, respectively1.61.6
Additional paid-in capital1,401.91,344.7
Retained earnings2,761.32,824.0
Treasury stock, at cost: 36.8 and 37.2 shares, respectively(2,017.2)(2,024.8)
Accumulated other comprehensive income (loss)(361.0)(226.3)
Total stockholders’ equity1,786.61,919.1
Total liabilities and stockholders’ equity$ 8,051.3$ 8,168.8