Market Summary
USD176.99-2.06
Market Closed-1.15%
BR Alerts
BR Stock Price
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BR Price/Sales (Trailing)
BR Profitability
BR Fundamentals
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BR Earnings
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
BR Investor Care
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Net sales
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Latest Insider Trading transactions for BR
Filter Transactions| Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
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 |
Which funds bought or sold BR recently?
View All Details| Datesorted ascending | Fund Name | Type | % 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 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
BR Alerts
Schedule 13G FIlings of Broadridge Financial Solutions
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
MA | 374.5B | 23.6B | -4.75% | 39.22% | 36.61 | 15.87 | 13.06% | 5.47% |
ACN | 194.7B | 63.6B | -5.94% | 20.34% | 27.18 | 3.06 | 6.65% | 8.08% |
IBM | 128.1B | 60.5B | -4.83% | 21.39% | 63.29 | 2.12 | 1.42% | -63.78% |
SQ | 26.2B | 19.7B | -25.75% | -21.46% | -96.92 | 1.33 | 20.89% | 45.06% |
BR | 20.9B | 6.1B | -5.73% | 23.91% | 33.15 | 3.45 | 6.16% | 16.97% |
| MID-CAP | ||||||||
WEX | 8.0B | 2.5B | -6.84% | 47.12% | 38.55 | 3.25 | 17.75% | -7.81% |
DXC | 5.5B | 14.2B | 0.19% | -13.60% | 7.64 | 0.37 | -10.50% | -216.97% |
WU | 4.9B | 4.4B | 5.12% | -2.74% | 6.54 | 1.12 | -9.80% | -15.47% |
EEFT | 3.9B | 3.5B | -9.26% | 4.51% | 14.48 | 1.11 | 11.08% | 99.02% |
| SMALL-CAP | ||||||||
RPAY | 663.4B | 290.5M | -21.27% | 5.38% | -20.8K | 2.3K | 12.47% | -281.17% |
CNDT | 770.4M | 3.8B | 11.36% | 5.69% | -2.33 | 0.2 | -4.55% | -409.35% |
UIS | 265.7M | 2.0B | -9.57% | -52.45% | -2.51 | 0.13 | 1.13% | -9.87% |
USIO | 51.9M | 77.8M | 16.57% | 51.54% | -30.54 | 0.67 | 15.15% | 49.72% |
UEPS | - | 528.0M | - | - | - | - | 137.17% | -115.54% |
Broadridge Financial Solutions News
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) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Revenue | 2.0% | 6,061 | 5,945 | 5,833 | 5,800 | 5,709 | 5,518 | 5,374 | 5,169 | 4,994 | 4,824 | 4,684 | 4,598 | 4,529 | 4,378 | 4,353 | 4,338 | 4,362 | 4,471 | 4,319 | 4,378 | 4,330 |
| Cost Of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,170 |
| Costs and Expenses | 0.1% | 5,125 | 5,121 | 5,050 | 5,055 | 4,949 | 4,818 | 4,681 | 4,466 | 4,315 | 4,128 | 4,001 | 3,968 | 3,904 | 3,811 | 3,779 | 3,712 | 3,710 | 3,793 | 3,743 | 3,765 | 3,732 |
| S&GA Expenses | -1.0% | 849 | 858 | 847 | 862 | 832 | 831 | 811 | 768 | 744 | 690 | 651 | 643 | 639 | 619 | 612 | 592 | 578 | 604 | 598 | 585 | 565 |
| EBITDA | - | - | - | - | - | - | - | 668 | 653 | 640 | 635 | 639 | 647 | 651 | 652 | 666 | 716 | 738 | 765 | - | - | - |
| 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 Expenses | 12.2% | 137 | 122 | 101 | 91.00 | 82.00 | 69.00 | 66.00 | 51.00 | 56.00 | 54.00 | 62.00 | 55.00 | 59.00 | 50.00 | 50.00 | 48.00 | 43.00 | 42.00 | 41.00 | 41.00 | 41.00 |
| Earnings Before Taxes | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 515 | 528 | 582 | 607 | 635 | 537 | 576 | 561 |
| 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 Income | 13.7% | 631 | 555 | 533 | 522 | 539 | 551 | 540 | 549 | 548 | 517 | 519 | 472 | 463 | 416 | 421 | 461 | 482 | 506 | 443 | 455 | 428 |
| 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% | - | 523 | 423 | 346 | 415 | 404 | 429 | 506 | 588 | 576 | 609 | 578 | 536 | 487 | 485 | - | - | - | - | - | - |
Balance Sheet(In Millions)
| Balance Sheet | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Assets | -2.4% | 8,233 | 8,432 | 8,051 | 8,091 | 8,169 | 8,350 | 8,116 | 8,028 | 8,120 | 5,187 | 4,858 | 4,750 | 4,890 | 4,914 | 4,385 | 4,220 | 3,881 | 3,602 | 3,358 | 3,382 | 3,305 |
| Current Assets | -11.2% | 1,393 | 1,568 | 1,283 | 1,222 | 1,328 | 1,495 | 1,267 | 1,211 | 1,261 | 1,379 | 1,149 | 1,120 | 1,328 | 1,361 | 1,011 | 1,095 | 1,042 | 1,195 | 966 | 968 | 991 |
| Cash Equivalents | -23.9% | 252 | 332 | 280 | 227 | 225 | 277 | 281 | 317 | 275 | 356 | 366 | 357 | 477 | 402 | 234 | 358 | 273 | 292 | 250 | 205 | 264 |
| Net PPE | 5.5% | 146 | 138 | 143 | 145 | 151 | 165 | 170 | 167 | 177 | 167 | 167 | 162 | 162 | 154 | 138 | 186 | 189 | 183 | 188 | 193 | 204 |
| Goodwill | 0.4% | 3,462 | 3,447 | 3,388 | 3,434 | 3,485 | 3,578 | 3,664 | 3,677 | 1,956 | 1,723 | 1,706 | 1,701 | 18.00 | 1,705 | 1,661 | 1,495 | 182 | 1,257 | 1,254 | 1,258 | 76.00 |
| Liabilities | -6.9% | 5,993 | 6,433 | 6,265 | 6,187 | 6,250 | 6,528 | 6,368 | 6,275 | 6,311 | 3,597 | 3,424 | 3,336 | 3,543 | 3,711 | 3,259 | 3,077 | 2,753 | 2,337 | 2,235 | 2,148 | 2,210 |
| Current Liabilities | 106.2% | 2,398 | 1,163 | 1,019 | 992 | 1,313 | 1,177 | 1,088 | 967 | 1,288 | 1,003 | 838 | 744 | 1,341 | 1,255 | 1,125 | 1,041 | 803 | 705 | 598 | 573 | 777 |
| LT Debt, Current | - | 1,179 | - | - | - | - | - | - | - | - | - | - | - | 400 | 400 | 400 | 399 | - | - | - | - | - |
| LT Debt, Non Current | -45.2% | 2,235 | 4,077 | 4,105 | 4,064 | 3,793 | 4,167 | 4,157 | 4,166 | 3,888 | 1,738 | 1,771 | 1,776 | 1,388 | 1,680 | 1,449 | 1,369 | 1,470 | 1,174 | 1,194 | 1,144 | 1,053 |
| Shareholder's Equity | 12.1% | 2,241 | 1,999 | 1,787 | 1,904 | 1,919 | 1,821 | 1,748 | 1,754 | 1,809 | 1,589 | 1,434 | 1,414 | 1,347 | 1,203 | 1,125 | 1,143 | 1,128 | 1,266 | 1,123 | 1,234 | 1,094 |
| Retained Earnings | 8.3% | 3,113 | 2,875 | 2,761 | 2,789 | 2,824 | 2,651 | 2,549 | 2,577 | 2,584 | 2,390 | 2,292 | 2,302 | 2,303 | 2,135 | 2,030 | 2,082 | 2,088 | 1,960 | 1,844 | 1,850 | 1,727 |
| Additional Paid-In Capital | 0.9% | 1,437 | 1,424 | 1,402 | 1,380 | 1,345 | 1,333 | 1,308 | 1,264 | 1,246 | 1,241 | 1,220 | 1,199 | 1,179 | 1,169 | 1,150 | 1,131 | 1,109 | 1,108 | 1,088 | 1,069 | 1,049 |
| Shares Outstanding | 0.3% | 118 | 118 | 118 | 118 | 117 | 117 | 117 | 116 | 116 | 116 | 116 | 115 | 115 | 115 | 115 | 114 | 114 | 116 | 116 | 116 | 116 |
Cashflow (Last 12 Months)(In Millions)
| Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
| Cashflow From Operations | 49.3% | 823 | 552 | 457 | 374 | 444 | 437 | 462 | 549 | 640 | 632 | 670 | 640 | 598 | 555 | 546 | 626 | 617 | 637 | 634 | 691 | 694 |
| Share Based Compensation | 3.0% | 73.00 | 71.00 | 69.00 | 70.00 | 68.00 | 67.00 | 66.00 | 62.00 | 59.00 | 60.00 | 59.00 | 59.00 | 61.00 | 59.00 | 59.00 | 59.00 | 58.00 | 63.00 | 60.00 | 57.00 | 55.00 |
| 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 | -370 | 2,157 | 2,114 | 2,088 | 1,798 | -605 | -385 | -279 | 51.00 | 367 | 169 | 31.00 | -173 | -568 | -547 | -541 | -449 |
| Dividend Payments | 3.3% | 331 | 321 | 310 | 299 | 291 | 283 | 274 | 266 | 262 | 257 | 252 | 248 | 241 | 235 | 229 | 224 | 211 | 198 | 184 | 170 | 166 |
| Buy Backs | -0.4% | 24.00 | 24.00 | 24.00 | 25.00 | 23.00 | 23.00 | 22.00 | 21.00 | 22.00 | 20.00 | 70.00 | 70.00 | 69.00 | 328 | 278 | 397 | 398 | 368 | 394 | 276 | 277 |
BR Income Statement
2023-06-30Consolidated 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 revenues | 4,275.5 | 4,116.9 | 3,570.8 |
| Selling, general and administrative expenses | 849.0 | 832.3 | 744.3 |
| Total operating expenses | 5,124.5 | 4,949.2 | 4,315.0 |
| Operating income | 936.4 | 759.9 | 678.7 |
| Interest expense, net | (135.5) | (84.7) | (55.2) |
| Other non-operating income (expenses), net | (6.0) | (3.0) | 72.7 |
| Total | 794.9 | 672.2 | 696.2 |
| Provision for income taxes | 164.3 | 133.1 | 148.7 |
| 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) | 117.7 | 116.7 | 115.7 |
| Diluted (in shares) | 119.0 | 118.5 | 117.8 |
BR Balance Sheet
2023-06-30Consolidated 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, respectively | 974.0 | 946.9 |
| Other current assets | 166.2 | 156.8 |
| Total current assets | 1,392.5 | 1,328.4 |
| Property, plant and equipment, net | 145.7 | 150.9 |
| Goodwill | 3,461.6 | 3,484.9 |
| Intangible assets, net | 1,467.2 | 1,077.1 |
| Deferred client conversion and start-up costs | 937.0 | 1,232.3 |
| Other non-current assets | 829.2 | 895.3 |
| Total assets | 8,233.2 | 8,168.8 |
| Current liabilities: | ||
| Current portion of long-term debt | 1,178.5 | 0.0 |
| Payables and accrued expenses | 1,019.5 | 1,114.9 |
| Contract liabilities | 199.8 | 198.5 |
| Total current liabilities | 2,397.8 | 1,313.4 |
| Long-term debt | 2,234.7 | 3,793.0 |
| Deferred taxes | 391.3 | 446.1 |
| Contract liabilities | 492.8 | 215.8 |
| Other non-current liabilities | 476.0 | 481.5 |
| Total liabilities | 5,992.6 | 6,249.8 |
| Commitments and contingencies | ||
| Stockholders’ equity: | ||
| Preferred stock: Authorized, 25.0 shares; issued and outstanding, none | 0.0 | 0.0 |
| 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, respectively | 1.6 | 1.6 |
| Additional paid-in capital | 1,436.8 | 1,344.7 |
| Retained earnings | 3,113.0 | 2,824.0 |
| 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’ equity | 2,240.6 | 1,919.1 |
| Total liabilities and stockholders’ equity | $ 8,233.2 | $ 8,168.8 |
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.