Broadridge Financial Solutions Stock Today

BR Stock  USD 193.38  0.40  0.21%   

Performance

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Odds Of Distress

Less than 13

 
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Low
Broadridge Financial is selling at 193.38 as of the 21st of April 2024; that is 0.21 percent up since the beginning of the trading day. The stock's lowest day price was 193.33. Broadridge Financial has less than a 13 % chance of experiencing some financial distress in the next two years of operation, but has generated negative returns over the last 90 days. Equity ratings for Broadridge Financial Solutions are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of May 2022 and ending today, the 21st of April 2024. Click here to learn more.
Business Domain
Commercial & Professional Services
IPO Date
2nd of April 2007
Category
Technology
Classification
Industrials
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry. The company was founded in 1962 and is headquartered in Lake Success, New York. Broadridge Financial operates under Information Technology Services classification in the United States and is traded on New York Stock Exchange. The company has 117.77 M outstanding shares of which 871.54 K shares are currently sold short in the market by investors with about 2.0 days to cover all shorted shares. More on Broadridge Financial Solutions

Broadridge Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Broadridge Financial's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Broadridge Financial or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
ESG Sustainability
Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary, Broadridge Financial's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Broadridge Financial's managers, analysts, and investors.
Environment Score
Governance Score
Social Score
CEOTimothy Gokey
Thematic Ideas
(View all Themes)
Business ConcentrationData Processing & Outsourced Services, Commercial & Professional Services, Industrials, NYSE Composite, Stock Exchange Of, SP 500 Index, SET Total Return, Technology, Business Services, Industrials, Professional Services, Information Technology Services, Technology (View all Sectors)
Average Analyst Recommendation
Analysts covering Broadridge Financial report their recommendations after researching Broadridge Financial's financial statements, talking to executives and customers, or listening in on Broadridge Financial's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Broadridge Financial. The Broadridge consensus assessment is calculated by taking the average forecast from all of the analysts covering Broadridge Financial.
Financial Strength
Based on the analysis of Broadridge Financial's profitability, liquidity, and operating efficiency, Broadridge Financial Solutions may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. Financial strength of Broadridge Financial is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.07430.0689
Significantly Up
Slightly volatile
Asset Turnover1.10.85
Significantly Up
Slightly volatile
Gross Profit Margin0.220.27
Significantly Down
Pretty Stable
Total Current Liabilities2.9 B2.8 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total4.3 B4.1 B
Sufficiently Up
Slightly volatile
Total Assets9.9 B9.5 B
Sufficiently Up
Slightly volatile
Total Current Assets984.1 M1.3 B
Significantly Down
Slightly volatile
Total Cash From Operating Activities505.9 M946.8 M
Way Down
Slightly volatile
Broadridge Financial's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Broadridge Financial's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Broadridge Financial's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Broadridge Financial's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Broadridge Financial's financial leverage. It provides some insight into what part of Broadridge Financial's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Broadridge Financial's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Broadridge Financial deploys its capital and how much of that capital is borrowed.
Liquidity
Broadridge Financial cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company reports 3.41 B of total liabilities with total debt to equity ratio (D/E) of 2.27, which may imply that the company relies heavily on debt financing. Broadridge Financial has a current ratio of 1.21, indicating that it is in a questionable position to pay out its debt commitments in time. Debt can assist Broadridge Financial until it has trouble settling it off, either with new capital or with free cash flow. So, Broadridge Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Broadridge Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Broadridge to invest in growth at high rates of return. When we think about Broadridge Financial's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

67.23 Million
Broadridge Financial Solutions (BR) is traded on New York Stock Exchange in USA. It is located in 5 Dakota Drive, Lake Success, NY, United States, 11042 and employs 14,700 people. Broadridge Financial is listed under Data Processing & Outsourced Services category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a market capitalization of 22.77 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Broadridge Financial's market, we take the total number of its shares issued and multiply it by Broadridge Financial's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Broadridge Financial is active under Professional Services sector as part of Industrials industry. The entity has 117.77 M outstanding shares of which 871.54 K shares are currently sold short in the market by investors with about 2.0 days to cover all shorted shares. Broadridge Financial Solutions reports about 252.3 M in cash with 823.3 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.93.
Check Broadridge Financial Probability Of Bankruptcy
Ownership Allocation
Broadridge Financial retains a total of 117.77 Million outstanding shares. The majority of Broadridge Financial Solutions outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Broadridge Financial to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Broadridge Financial. Please pay attention to any change in the institutional holdings of Broadridge Financial Solutions as this could imply that something significant has changed or is about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.
Check Broadridge Ownership Details

Broadridge Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Broadridge Financial jumping above the current price in 90 days from now is about 97.0%. The Broadridge Financial Solutions probability density function shows the probability of Broadridge Financial stock to fall within a particular range of prices over 90 days. Allowing for the 90-day total investment horizon the stock has a beta coefficient of 1.1905 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Broadridge Financial will likely underperform. Additionally, broadridge Financial Solutions has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
  Odds Below 193.38HorizonTargetOdds Above 193.38
2.44%90 days
 193.38 
97.48%
Based on a normal probability distribution, the odds of Broadridge Financial to move above the current price in 90 days from now is about 97.0 (This Broadridge Financial Solutions probability density function shows the probability of Broadridge Stock to fall within a particular range of prices over 90 days) .

Broadridge Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Broadridge Financial that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Broadridge Financial's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Broadridge Financial's value.
InstituionRecorded OnShares
Jensen Investment Management2023-12-31
1.8 M
Barclays Plc2023-12-31
1.6 M
Stifel Financial Corp2023-12-31
1.5 M
Mitsubishi Ufj Asset Management Co.,ltd2023-12-31
1.5 M
Wells Fargo & Co2023-12-31
1.2 M
Northern Trust Corp2023-12-31
1.2 M
Bahl & Gaynor Inc.2023-12-31
1.1 M
Veritas Investment Partners (uk) Ltd.2023-12-31
M
Macquarie Group Ltd2023-12-31
M
Vanguard Group Inc2023-12-31
14 M
Blackrock Inc2023-12-31
9.8 M
View Broadridge Financial Diagnostics

Broadridge Financial Historical Income Statement

Broadridge Financial Solutions Income Statement is one of the three primary financial statements used for reporting Broadridge's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Broadridge Financial revenue and expense. Broadridge Financial Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Broadridge Financial's Net Income Applicable To Common Shares is relatively stable compared to the past year. As of 04/21/2024, Net Income is likely to grow to about 761.4 M, while Other Operating Expenses is likely to drop slightly above 3.1 B. View More Fundamentals

Broadridge Stock Against Markets

Picking the right benchmark for Broadridge Financial stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Broadridge Financial stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Broadridge Financial is critical whether you are bullish or bearish towards Broadridge Financial Solutions at a given time. Please also check how Broadridge Financial's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Broadridge Financial without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Broadridge Financial Corporate Directors

Broadridge Financial corporate directors refer to members of a Broadridge Financial board of directors. The board of directors generally takes responsibility for the Broadridge Financial's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Broadridge Financial's board members must vote for the resolution. The Broadridge Financial board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Robert DuelksIndependent DirectorProfile
Maura MarkusIndependent DirectorProfile
Pamela CarterIndependent DirectorProfile
Amit ZaveryIndependent DirectorProfile

How to buy Broadridge Stock?

Before investing in Broadridge Financial, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Broadridge Financial. To buy Broadridge Financial stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Broadridge Financial. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Broadridge Financial stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Broadridge Financial Solutions stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Broadridge Financial Solutions stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Broadridge Financial Solutions, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Broadridge Stock please use our How to Invest in Broadridge Financial guide.

Already Invested in Broadridge Financial Solutions?

The danger of trading Broadridge Financial Solutions is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Broadridge Financial is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Broadridge Financial. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Broadridge Financial is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Broadridge Financial is a strong investment it is important to analyze Broadridge Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Broadridge Financial's future performance. For an informed investment choice regarding Broadridge Stock, refer to the following important reports:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Broadridge Financial Solutions. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

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When running Broadridge Financial's price analysis, check to measure Broadridge Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Broadridge Financial is operating at the current time. Most of Broadridge Financial's value examination focuses on studying past and present price action to predict the probability of Broadridge Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadridge Financial's price. Additionally, you may evaluate how the addition of Broadridge Financial to your portfolios can decrease your overall portfolio volatility.
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Is Broadridge Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Broadridge Financial. If investors know Broadridge will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Broadridge Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.229
Dividend Share
3.05
Earnings Share
5.74
Revenue Per Share
53.656
Quarterly Revenue Growth
0.087
The market value of Broadridge Financial is measured differently than its book value, which is the value of Broadridge that is recorded on the company's balance sheet. Investors also form their own opinion of Broadridge Financial's value that differs from its market value or its book value, called intrinsic value, which is Broadridge Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Broadridge Financial's market value can be influenced by many factors that don't directly affect Broadridge Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Broadridge Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if Broadridge Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Broadridge Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.