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Broadridge Financial Solutions Inc Stock Research

BR

176.99USD-2.06(-1.15%)Market Closed
Watchlist

Market Summary

USD176.99-2.06
Market Closed
-1.15%

BR Alerts

  • 4 major insider sales recently.

BR Stock Price

BR RSI Chart

BR Valuation

Market Cap

20.9B

Price/Earnings (Trailing)

33.15

Price/Sales (Trailing)

3.45

Price/Free Cashflow

26.63

BR Price/Sales (Trailing)

BR Profitability

Return on Equity

27.74%

Return on Assets

6.58%

Free Cashflow Yield

3.76%

BR Fundamentals

BR Revenue

Revenue (TTM)

6.1B

Revenue Y/Y

6.74%

Revenue Q/Q

11.75%

BR Earnings

Earnings (TTM)

630.6M

Earnings Y/Y

30.63%

Earnings Q/Q

63.27%

Price Action

52 Week Range

130.00189.08
(Low)(High)

Last 7 days

-4.4%

Last 30 days

-5.7%

Last 90 days

8.0%

Trailing 12 Months

23.9%

BR Financial Health

Current Ratio

1.35

BR Investor Care

Dividend Yield

1.64%

Dividend/Share (TTM)

2.9

Shares Dilution (1Y)

0.68%

Diluted EPS (TTM)

5.3

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales

Latest Insider Trading transactions for BR

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2023-09-26
Zavery Amit
acquired
-
-
142
-
2023-09-26
KELLER BRETT
acquired
-
-
155
-
2023-09-26
Nazareth Annette L.
acquired
-
-
155
-
2023-09-26
MURRAY EILEEN K
acquired
-
-
155
-
2023-09-19
SCHIFELLITE ROBERT
acquired
8,314,570
118
70,181
corporate svp
2023-09-06
Gokey Timothy C
sold
-11,015,400
185
-59,341
ceo
2023-09-06
Gokey Timothy C
acquired
3,679,710
50.95
72,222
ceo
2023-08-30
PERRY CHRISTOPHER JOHN
sold
-2,392,940
186
-12,834
president
2023-08-30
PERRY CHRISTOPHER JOHN
acquired
1,581,450
111
14,236
president
2023-08-30
Gumbs Keir D
sold
-501,079
186
-2,688
cvp and chief legal officer

1–10 of 50

Which funds bought or sold BR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-09-21
Baystate Wealth Management LLC
unchanged
-
1,632
13,659
-%
2023-09-20
BARCLAYS PLC
added
10.18
52,606,000
267,253,000
0.17%
2023-09-12
Farther Finance Advisors, LLC
added
4.81
12,355
79,337
0.02%
2023-09-07
ST GERMAIN D J CO INC
new
-
65,093
65,093
-%
2023-09-01
Portside Wealth Group, LLC
new
-
280,410
280,410
0.05%
2023-08-29
EFG Asset Management (Americas) Corp.
reduced
-1.18
129,968
1,244,050
0.29%
2023-08-28
DT Investment Partners, LLC
unchanged
-
102,699
718,636
0.08%
2023-08-25
Brown Shipley& Co Ltd
added
233
83,760
113,953
0.05%
2023-08-25
STRATEGY ASSET MANAGERS LLC
added
1.78
40,748
312,056
0.07%
2023-08-24
Alberta Investment Management Corp
reduced
-56.58
-447,023
430,638
-%

1–10 of 47

Latest Funds Activity

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

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

Recent SEC filings of Broadridge Financial Solutions

View All Filings
Date Filed Form Type Document
Sep 27, 2023
4
Insider Trading
Sep 27, 2023
4
Insider Trading
Sep 27, 2023
4
Insider Trading
Sep 27, 2023
4
Insider Trading
Sep 27, 2023
ARS
ARS
Sep 27, 2023
DEF 14A
DEF 14A
Sep 27, 2023
DEFA14A
DEFA14A
Sep 20, 2023
4
Insider Trading
Sep 13, 2023
8-K
Current Report
Sep 07, 2023
4
Insider Trading

Peers (Alternatives to Broadridge Financial Solutions)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
374.5B
23.6B
-4.75% 39.22%
36.61
15.87
13.06% 5.47%
194.7B
63.6B
-5.94% 20.34%
27.18
3.06
6.65% 8.08%
128.1B
60.5B
-4.83% 21.39%
63.29
2.12
1.42% -63.78%
26.2B
19.7B
-25.75% -21.46%
-96.92
1.33
20.89% 45.06%
20.9B
6.1B
-5.73% 23.91%
33.15
3.45
6.16% 16.97%
MID-CAP
8.0B
2.5B
-6.84% 47.12%
38.55
3.25
17.75% -7.81%
5.5B
14.2B
0.19% -13.60%
7.64
0.37
-10.50% -216.97%
4.9B
4.4B
5.12% -2.74%
6.54
1.12
-9.80% -15.47%
3.9B
3.5B
-9.26% 4.51%
14.48
1.11
11.08% 99.02%
SMALL-CAP
663.4B
290.5M
-21.27% 5.38%
-20.8K
2.3K
12.47% -281.17%
770.4M
3.8B
11.36% 5.69%
-2.33
0.2
-4.55% -409.35%
265.7M
2.0B
-9.57% -52.45%
-2.51
0.13
1.13% -9.87%
51.9M
77.8M
16.57% 51.54%
-30.54
0.67
15.15% 49.72%
-
528.0M
- -
-
-
137.17% -115.54%

Broadridge Financial Solutions News

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Returns for BR

Cumulative Returns on BR

20.8%


10-Year Cumulative Returns

16.6%


7-Year Cumulative Returns

8.1%


5-Year Cumulative Returns

11.5%


3-Year Cumulative Returns

Risks for BR

What is the probability of a big loss on BR?

69.2%


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

Financials for Broadridge Financial Solutions

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Last 12 Months)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Revenue2.0%6,0615,9455,8335,8005,7095,5185,3745,1694,9944,8244,6844,5984,5294,3784,3534,3384,3624,4714,3194,3784,330
Cost Of Revenue---------------------3,170
Costs and Expenses0.1%5,1255,1215,0505,0554,9494,8184,6814,4664,3154,1284,0013,9683,9043,8113,7793,7123,7103,7933,7433,7653,732
  S&GA Expenses-1.0%849858847862832831811768744690651643639619612592578604598585565
EBITDA-------668653640635639647651652666716738765---
EBITDA Margin-------0.12*0.13*0.13*0.13*0.14*0.14*0.14*0.15*0.15*0.17*0.17*0.17*---
Interest Expenses12.2%13712210191.0082.0069.0066.0051.0056.0054.0062.0055.0059.0050.0050.0048.0043.0042.0041.0041.0041.00
Earnings Before Taxes--------------515528582607635537576561
EBT Margin-------0.10*0.10*0.10*0.11*0.11*0.11*0.11*0.12*0.12*0.13*0.14*0.14*---
Net Income13.7%631555533522539551540549548517519472463416421461482506443455428
Net Income Margin-100.0%-0.09*0.09*0.09*0.09*0.10*0.10*0.11*0.11*0.11*0.11*0.10*0.10*0.10*0.10*------
Free Cashflow-100.0%-523423346415404429506588576609578536487485------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Assets-2.4%8,2338,4328,0518,0918,1698,3508,1168,0288,1205,1874,8584,7504,8904,9144,3854,2203,8813,6023,3583,3823,305
  Current Assets-11.2%1,3931,5681,2831,2221,3281,4951,2671,2111,2611,3791,1491,1201,3281,3611,0111,0951,0421,195966968991
    Cash Equivalents-23.9%252332280227225277281317275356366357477402234358273292250205264
  Net PPE5.5%146138143145151165170167177167167162162154138186189183188193204
  Goodwill0.4%3,4623,4473,3883,4343,4853,5783,6643,6771,9561,7231,7061,70118.001,7051,6611,4951821,2571,2541,25876.00
Liabilities-6.9%5,9936,4336,2656,1876,2506,5286,3686,2756,3113,5973,4243,3363,5433,7113,2593,0772,7532,3372,2352,1482,210
  Current Liabilities106.2%2,3981,1631,0199921,3131,1771,0889671,2881,0038387441,3411,2551,1251,041803705598573777
    LT Debt, Current-1,179-----------400400400399-----
    LT Debt, Non Current-45.2%2,2354,0774,1054,0643,7934,1674,1574,1663,8881,7381,7711,7761,3881,6801,4491,3691,4701,1741,1941,1441,053
Shareholder's Equity12.1%2,2411,9991,7871,9041,9191,8211,7481,7541,8091,5891,4341,4141,3471,2031,1251,1431,1281,2661,1231,2341,094
  Retained Earnings8.3%3,1132,8752,7612,7892,8242,6512,5492,5772,5842,3902,2922,3022,3032,1352,0302,0822,0881,9601,8441,8501,727
  Additional Paid-In Capital0.9%1,4371,4241,4021,3801,3451,3331,3081,2641,2461,2411,2201,1991,1791,1691,1501,1311,1091,1081,0881,0691,049
Shares Outstanding0.3%118118118118117117117116116116116115115115115114114116116116116
Cashflow (Last 12 Months)
(In Millions)
Cashflow (Last 12 Months)
(In Millions)
Description(%) Q/Q2023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q42018Q32018Q2
Cashflow From Operations49.3%823552457374444437462549640632670640598555546626617637634691694
  Share Based Compensation3.0%73.0071.0069.0070.0068.0067.0066.0062.0059.0060.0059.0059.0061.0059.0059.0059.0058.0063.0060.0057.0055.00
Cashflow From Investing-2.4%-80.40-78.50-91.60-87.60-110-2,669-2,663-2,681-2,653-78.80-154-364-441-812-732-503-433-120-195-224-249
Cashflow From Financing-73.9%-714-411-353-365-3702,1572,1142,0881,798-605-385-27951.0036716931.00-173-568-547-541-449
  Dividend Payments3.3%331321310299291283274266262257252248241235229224211198184170166
  Buy Backs-0.4%24.0024.0024.0025.0023.0023.0022.0021.0022.0020.0070.0070.0069.00328278397398368394276277

BR Income Statement

2023-06-30
Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
12 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]   
Revenues$ 6,060.9$ 5,709.1$ 4,993.7
Operating expenses:   
Cost of revenues4,275.54,116.93,570.8
Selling, general and administrative expenses849.0832.3744.3
Total operating expenses5,124.54,949.24,315.0
Operating income936.4759.9678.7
Interest expense, net(135.5)(84.7)(55.2)
Other non-operating income (expenses), net(6.0)(3.0)72.7
Total794.9672.2696.2
Provision for income taxes164.3133.1148.7
Net earnings$ 630.6$ 539.1$ 547.5
Basic earnings per share (in dollars per share)$ 5.36$ 4.62$ 4.73
Diluted earnings per share (in dollars per share)$ 5.30$ 4.55$ 4.65
Weighted-average shares outstanding:   
Basic (in shares)117.7116.7115.7
Diluted (in shares)119.0118.5117.8

BR Balance Sheet

2023-06-30
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Jun. 30, 2022
Current assets:  
Cash and cash equivalents$ 252.3$ 224.7
Accounts receivable, net of allowance for doubtful accounts of $7.2 and $6.8, respectively974.0946.9
Other current assets166.2156.8
Total current assets1,392.51,328.4
Property, plant and equipment, net145.7150.9
Goodwill3,461.63,484.9
Intangible assets, net1,467.21,077.1
Deferred client conversion and start-up costs937.01,232.3
Other non-current assets829.2895.3
Total assets8,233.28,168.8
Current liabilities:  
Current portion of long-term debt1,178.50.0
Payables and accrued expenses1,019.51,114.9
Contract liabilities199.8198.5
Total current liabilities2,397.81,313.4
Long-term debt2,234.73,793.0
Deferred taxes391.3446.1
Contract liabilities492.8215.8
Other non-current liabilities476.0481.5
Total liabilities5,992.66,249.8
Commitments and contingencies
Stockholders’ equity:  
Preferred stock: Authorized, 25.0 shares; issued and outstanding, none0.00.0
Common stock, $0.01 par value: Authorized, 650.0 shares; issued, 154.5 and 154.5 shares, respectively; outstanding, 118.1 and 117.3 shares, respectively1.61.6
Additional paid-in capital1,436.81,344.7
Retained earnings3,113.02,824.0
Treasury stock, at cost: 36.4 and 37.2 shares, respectively(2,026.1)(2,024.8)
Accumulated other comprehensive income (loss)(284.7)(226.3)
Total stockholders’ equity2,240.61,919.1
Total liabilities and stockholders’ equity$ 8,233.2$ 8,168.8
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.