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BR - Broadridge Financial Solutions Inc Stock Price, Fair Value and News

195.09USD-0.82 (-0.42%)Market Closed

Market Summary

BR
USD195.09-0.82
Market Closed
-0.42%

BR Stock Price

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BR RSI Chart

BR Valuation

Market Cap

23.0B

Price/Earnings (Trailing)

33.6

Price/Sales (Trailing)

3.64

EV/EBITDA

35.08

Price/Free Cashflow

23.13

BR Price/Sales (Trailing)

BR Profitability

Operating Margin

49.85%

EBT Margin

8.14%

Return on Equity

33.07%

Return on Assets

8.55%

Free Cashflow Yield

4.32%

BR Fundamentals

BR Revenue

Revenue (TTM)

6.3B

Rev. Growth (Yr)

8.67%

Rev. Growth (Qtr)

-1.82%

BR Earnings

Earnings (TTM)

683.9M

Earnings Growth (Yr)

22.26%

Earnings Growth (Qtr)

-22.66%

Breaking Down BR Revenue

Last 7 days

0.9%

Last 30 days

-3.6%

Last 90 days

-6.3%

Trailing 12 Months

38.2%

How does BR drawdown profile look like?

BR Financial Health

Current Ratio

1.4

Debt/Equity

1.77

Debt/Cashflow

0.28

BR Investor Care

Dividend Yield

1.56%

Dividend/Share (TTM)

3.05

Shares Dilution (1Y)

0.07%

Diluted EPS (TTM)

5.75

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20235.9B6.1B6.2B6.3B
20225.5B5.7B5.8B5.8B
20214.8B5.0B5.2B5.4B
20204.4B4.5B4.6B4.7B
20194.5B4.4B4.3B4.4B
20184.4B4.3B4.4B4.3B
20173.8B4.1B4.2B4.3B
20162.9B2.9B3.2B3.5B
20152.7B2.7B2.7B2.8B
20142.5B2.6B2.6B2.6B
20132.4B2.4B2.5B2.5B
20122.3B2.3B2.3B2.3B
20112.1B2.2B2.2B2.3B
20102.2B2.2B2.2B2.1B
200902.1B2.1B2.1B
GRUFITY'S FAIR VALUE MODEL

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Very Expensive Stocks: $11,022


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S&P 500 Index
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Tracking the Latest Insider Buys and Sells of Broadridge Financial Solutions Inc

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
Apr 08, 2024
carey thomas p
sold (taxes)
-292,366
202
-1,442
corporate vp
Apr 05, 2024
duelks robert n
acquired
-
-
77.00
-
Apr 05, 2024
keller brett
acquired
-
-
42.00
-
Apr 05, 2024
murray eileen k
acquired
-
-
6.00
-
Apr 05, 2024
brun leslie a
acquired
-
-
110
-
Apr 05, 2024
flowers melvin l
acquired
-
-
6.00
-
Apr 05, 2024
carter pamela l
acquired
-
-
18.00
-
Apr 05, 2024
zavery amit
acquired
-
-
24.00
-
Apr 05, 2024
nazareth annette l.
acquired
-
-
12.00
-
Apr 05, 2024
markus maura a.
acquired
-
-
65.00
-

1–10 of 50

Which funds bought or sold BR recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
Apr 23, 2024
TrueWealth Advisors, LLC
reduced
-32.9
-125,763
253,229
0.10%
Apr 23, 2024
PFG Private Wealth Management, LLC
unchanged
-
-219
50,396
0.03%
Apr 23, 2024
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
reduced
-3.33
-4,680,720
53,433,100
0.53%
Apr 23, 2024
Venturi Wealth Management, LLC
added
13.36
29,135
255,461
0.02%
Apr 23, 2024
AMALGAMATED BANK
reduced
-20.8
-1,394,000
5,202,000
0.04%
Apr 23, 2024
HALL LAURIE J TRUSTEE
unchanged
-
-2,000
461,000
0.16%
Apr 23, 2024
Walter Public Investments Inc.
added
0.52
13,126
15,969,700
3.12%
Apr 23, 2024
WASHINGTON TRUST Co
reduced
-1.09
-201,947
13,095,900
0.48%
Apr 23, 2024
Livforsakringsbolaget Skandia, Omsesidigt
unchanged
-
-332
62,629
-%
Apr 23, 2024
BSW Wealth Partners
new
-
302,901
302,901
0.05%

1–10 of 50

Are Funds Buying or Selling BR?

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

Unveiling Broadridge Financial Solutions Inc's Major ShareHolders

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 13, 2024
vanguard group inc
11.86%
13,950,662
SC 13G/A
Jan 25, 2024
blackrock inc.
8.3%
9,754,088
SC 13G/A
Dec 11, 2023
morgan stanley
4.3%
5,081,333
SC 13G/A
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

Recent SEC filings of Broadridge Financial Solutions Inc

View All Filings
Date Filed Form Type Document
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading
Apr 08, 2024
4
Insider Trading

Peers (Alternatives to Broadridge Financial Solutions Inc)

NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
197.2B
64.6B
-6.09% 15.80%
28.04
3.05
2.26% 1.32%
168.6B
61.9B
-2.56% 46.12%
22.48
2.73
2.20% 357.72%
33.6B
19.4B
-6.24% 15.50%
15.81
1.74
-0.39% -7.16%
32.3B
21.4B
-5.18% 45.78%
29.25
1.51
-9.99% -0.92%
23.0B
6.3B
-3.58% 38.18%
33.6
3.64
8.37% 28.40%
MID-CAP
8.5B
7.3B
1.46% 24.71%
21.51
1.15
10.28% 6.24%
4.9B
1.6B
-4.30% -9.24%
26.56
3.01
15.48% 29.09%
4.7B
4.5B
1.38% 36.47%
21.65
1.07
-2.85% -18.20%
3.8B
13.9B
1.99% -9.70%
-8.27
0.28
-6.57% -164.76%
1.8B
6.9B
-17.83% -6.93%
1.8K
0.26
-3.11% 100.31%
SMALL-CAP
1.5B
302.0M
1.60% 1270.85%
2.8K
4.93
-16.01% -96.16%
778.0M
312.9M
-17.22% -8.33%
-440.78
2.49
0.78% 93.96%
644.6M
3.7B
-4.95% -8.08%
-2.18
0.17
-3.53% -62.64%
454.5M
34.9M
-17.27% 34.48%
-9.89
13.04
15.41% 23.14%
133.9M
61.7M
-34.38% 7.65%
32.1
2.17
2.22% 29.66%

Broadridge Financial Solutions Inc News

Latest updates
MarketBeat • 17 hours ago
StockNews.com • 17 Apr 2024 • 03:47 pm

Broadridge Financial Solutions Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)
(In Millions)
Income Statement (Quarterly)
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Revenue-1.8%1,4051,4311,8391,6461,2931,2831,7231,5341,2601,1931,5321,3901,0551,0171,3621,2509699491,2111,225953
Costs and Expenses-0.2%1,2811,2831,3851,3591,1851,1961,3811,2881,1911,0901,2501,1519769391,0631,024942875970991875
  S&GA Expenses7.8%223207226221197205234210212176234190169152179151161148159144141
EBITDA Margin-0.2%0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.13*0.13*---------
Interest Expenses159.0%51.0020.0051.0026.0047.0013.0036.005.0036.005.0023.002.0021.0010.0021.0010.0014.0014.0012.0011.0011.00
Income Taxes-20.9%17.0022.0093.0052.0014.005.0071.0047.005.0011.0076.0052.0013.008.0065.0044.000.008.0047.0051.0014.00
Earnings Before Taxes----------------21111.0064.0023022464.00
EBT Margin-1.8%0.08*0.08*0.08*0.09*0.09*0.09*0.09*0.09*0.10*0.10*0.10*0.11*---------
Net Income-22.7%70.0091.0032419958.0050.0024817747.0067.0026016556.0066.0023016710.0056.0018317250.00
Net Income Margin0.1%0.11*0.11*0.10*0.09*0.09*0.09*0.09*0.10*0.10*0.11*0.11*0.11*---------
Free Cashflow366.4%178-66.70712170113-21045070.0035.00-14144095.00---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Assets-0.9%8,0008,0718,2338,4328,0518,0918,1698,3508,1168,0288,1205,1874,8584,7504,8904,9144,3854,2203,8813,6023,358
  Current Assets2.8%1,3641,3271,3931,5681,2831,2221,3281,4951,2671,2111,2611,3791,1491,1201,3281,3611,0111,0951,0421,195966
    Cash Equivalents18.4%277234252332280227225277281317275356366357477402234358273292250
  Net PPE-0.6%143144146138143145151165170167177167167162162154138186189183188
  Goodwill-0.4%3,4293,4453,4623,4473,3883,4343,4853,5783,6643,67727.001,7231,7061,70118.001,7051,6611,49527.001,2571,254
Liabilities-0.4%5,9325,9585,9936,4336,2656,1876,2506,5286,3686,2756,3113,5973,4243,3363,5433,7113,2593,0772,7532,3372,235
  Current Liabilities5.1%9719242,3981,1631,0199921,3131,1771,0889671,2881,0038387441,3411,2551,1251,041803705598
  Long Term Debt-0.8%3,6533,6822,2354,0774,1054,0643,7934,1674,1574,1663,8881,7381,7711,7761,3881,6801,4491,3691,4701,1741,194
    LT Debt, Current---1,179-----------400400400399---
    LT Debt, Non Current-0.8%3,6533,6822,2354,0774,1054,0643,7934,1674,1574,1663,8881,7381,7711,7761,3881,6801,4491,3691,4701,1741,194
Shareholder's Equity-2.1%2,0682,1132,2411,9991,7871,9041,9191,8211,7481,7541,8091,5891,4341,4141,3471,2031,1251,1431,1281,2661,123
  Retained Earnings-0.8%3,0863,1103,1132,8752,7612,7892,8242,6512,5492,5772,5842,3902,2922,3022,3032,1352,0302,0822,0881,9601,844
  Additional Paid-In Capital1.7%1,5071,4811,4371,4241,4021,3801,3451,3331,3081,2641,2461,2411,2201,1991,1791,1691,1501,1311,1091,1081,088
Shares Outstanding0.1%118118118118118118117117116116116116---------
Float-----15,677---21,192---17,614---14,073---11,044
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q12018Q4
Cashflow From Operations406.1%189,800-62,000729,200175,500123,100-204,500457,40080,70040,800-135,400450,600106,200127,500-44,200442,600144,10097,900-86,400399,100135,800177,600
  Share Based Compensation25.0%20,50016,40015,70020,90020,90015,60013,60018,50022,70013,60012,25017,60018,30010,40013,20017,30018,50011,80011,65017,40018,600
Cashflow From Investing-52.8%-22,000-14,400-31,300-14,000-21,500-13,600-29,400-27,100-17,500-36,400-2,588,700-21,100-35,200-8,700-13,800-96,700-244,900-86,300-384,400-17,100-15,700
Cashflow From Financing-315.5%-123,50057,300-778,000-113,600-45,900222,800-474,400-55,600-57,800217,0002,052,900-98,500-83,900-72,700-350,400121,10022,400258,100-34,300-76,900-116,100
  Dividend Payments9.9%94,10085,60085,30085,40085,30075,00074,80074,70074,40066,80066,60066,60066,30062,20061,80062,00061,80055,40056,10056,10056,500
  Buy Backs-99.8%400161,10020,6001,2004002,10020,7004001,700-20,500200-80018,80050,500--277,500-119,200

BR Income Statement

2023-12-31
Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended6 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Income Statement [Abstract]    
Revenues$ 1,405.0$ 1,292.9$ 2,836.0$ 2,576.2
Operating expenses:    
Cost of revenues1,057.2988.22,132.51,978.7
Selling, general and administrative expenses223.4196.8430.8402.1
Total operating expenses1,280.61,185.02,563.22,380.8
Operating income124.4107.9272.8195.4
Interest expense, net(36.3)(34.1)(69.7)(61.0)
Other non-operating expenses, net(0.4)(1.9)(2.6)(7.1)
Earnings before income taxes87.671.9200.5127.3
Provision for income taxes17.414.439.419.3
Net earnings$ 70.3$ 57.5$ 161.2$ 108.0
Basic earnings per share (in dollars per share)$ 0.60$ 0.49$ 1.37$ 0.92
Diluted earnings per share (in dollars per share)$ 0.59$ 0.48$ 1.35$ 0.91
Weighted-average shares outstanding:    
Basic (in shares)117.7117.7117.8117.6
Diluted (in shares)119.1118.9119.1118.9

BR Balance Sheet

2023-12-31
Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2023
Jun. 30, 2023
Current assets:  
Cash and cash equivalents$ 277.0$ 252.3
Accounts receivable, net of allowance for doubtful accounts of $6.6 and $7.2, respectively892.2974.0
Other current assets194.4166.2
Total current assets1,363.61,392.5
Property, plant and equipment, net143.2145.7
Goodwill3,429.33,461.6
Intangible assets, net1,347.61,467.2
Deferred client conversion and start-up costs930.6937.0
Other non-current assets785.5829.2
Total assets7,999.88,233.2
Current liabilities:  
Current portion of long-term debt0.01,178.5
Payables and accrued expenses778.31,019.5
Contract liabilities192.8199.8
Total current liabilities971.22,397.8
Long-term debt3,652.92,234.7
Deferred taxes346.4391.3
Contract liabilities482.3492.8
Other non-current liabilities479.4476.0
Total liabilities5,932.25,992.6
Commitments and contingencies
Stockholders’ equity:  
Preferred stock: Authorized, 25.0 shares; issued and outstanding, none0.00.0
Common stock, $0.01 par value: 650.0 shares authorized; 154.5 and 154.5 shares issued, respectively; and 117.7 and 118.1 shares outstanding, respectively1.61.6
Additional paid-in capital1,506.81,436.8
Retained earnings3,085.93,113.0
Treasury stock, at cost: 36.7 and 36.4 shares, respectively(2,176.6)(2,026.1)
Accumulated other comprehensive income (loss)(350.0)(284.7)
Total stockholders’ equity2,067.62,240.6
Total liabilities and stockholders’ equity$ 7,999.8$ 8,233.2
BR
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 analytics 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. 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.
 CEO
 WEBSITEbroadridge.com
 INDUSTRYIT Services
 EMPLOYEES14700

Broadridge Financial Solutions Inc Frequently Asked Questions


What is the ticker symbol for Broadridge Financial Solutions Inc? What does BR stand for in stocks?

BR is the stock ticker symbol of Broadridge Financial Solutions Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Broadridge Financial Solutions Inc (BR)?

As of Wed Apr 24 2024, market cap of Broadridge Financial Solutions Inc is 22.98 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of BR stock?

You can check BR's fair value in chart for subscribers.

What is the fair value of BR stock?

You can check BR's fair value in chart for subscribers. The fair value of Broadridge Financial Solutions Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Broadridge Financial Solutions Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for BR so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Broadridge Financial Solutions Inc a good stock to buy?

The fair value guage provides a quick view whether BR is over valued or under valued. Whether Broadridge Financial Solutions Inc is cheap or expensive depends on the assumptions which impact Broadridge Financial Solutions Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for BR.

What is Broadridge Financial Solutions Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Wed Apr 24 2024, BR's PE ratio (Price to Earnings) is 33.6 and Price to Sales (PS) ratio is 3.64. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. BR PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Broadridge Financial Solutions Inc's stock?

In the past 10 years, Broadridge Financial Solutions Inc has provided 0.2 (multiply by 100 for percentage) rate of return.