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BR

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

191.70USD+1.24 (+0.65%)Delayed as of 09 May 2024, 09:57 am ET

Market Summary

BR
USD191.70+1.24
Delayedas of 09 May 2024, 09:57 am
0.65%

BR Stock Price

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BR RSI Chart

BR Valuation

Market Cap

22.5B

Price/Earnings (Trailing)

32.19

Price/Sales (Trailing)

3.52

EV/EBITDA

33.44

Price/Free Cashflow

22.33

BR Price/Sales (Trailing)

BR Profitability

Operating Margin

50.49%

EBT Margin

8.04%

Return on Equity

30.83%

Return on Assets

8.51%

Free Cashflow Yield

4.48%

BR Fundamentals

BR Revenue

Revenue (TTM)

6.4B

Rev. Growth (Yr)

4.91%

Rev. Growth (Qtr)

22.88%

BR Earnings

Earnings (TTM)

699.0M

Earnings Growth (Yr)

7.66%

Earnings Growth (Qtr)

203.98%

Breaking Down BR Revenue

52 Week Range

144.54192.31
(Low)(High)

Last 7 days

-1.6%

Last 30 days

-7.0%

Last 90 days

-4.3%

Trailing 12 Months

24.8%

How does BR drawdown profile look like?

BR Financial Health

Current Ratio

1.39

Debt/Equity

1.55

Debt/Cashflow

0.3

BR Investor Care

Dividend Yield

1.64%

Dividend/Share (TTM)

3.13

Shares Dilution (1Y)

0.17%

Diluted EPS (TTM)

5.87

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs
Net sales
YearQ1Q2Q3Q4
20246.4B000
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
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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
May 07, 2024
NIXON PEABODY TRUST CO
added
28.53
86,345
394,970
0.04%
May 07, 2024
Arizona State Retirement System
reduced
-0.32
-50,197
6,629,060
0.05%
May 07, 2024
Hamilton Point Investment Advisors, LLC
reduced
-0.48
-42,003
4,631,850
0.89%
May 07, 2024
Meeder Advisory Services, Inc.
added
1.55
5,165
468,787
0.05%
May 07, 2024
Illinois Municipal Retirement Fund
unchanged
-
-7,000
1,590,000
0.02%
May 07, 2024
First Heartland Consultants, Inc.
added
41.42
105,000
360,000
0.04%
May 07, 2024
Empowered Funds, LLC
added
164
488,733
787,482
0.01%
May 07, 2024
HYMAN CHARLES D
unchanged
-
-1,000
200,000
0.01%
May 07, 2024
Headlands Technologies LLC
new
-
259,967
259,967
0.06%
May 07, 2024
SEI INVESTMENTS CO
added
4.13
141,362
4,021,320
0.01%

1–10 of 47

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
May 08, 2024
10-Q
Quarterly Report
May 08, 2024
8-K
Current Report
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
196.3B
64.6B
-5.95% 18.43%
27.92
3.04
2.26% 1.32%
155.8B
62.1B
-10.52% 40.17%
19.04
2.51
2.45% 346.26%
33.7B
19.3B
-4.70% 9.88%
16.09
1.74
-0.58% -9.32%
29.6B
21.1B
-13.39% 31.26%
27.14
1.4
-7.67% -0.37%
22.5B
6.4B
-7.05% 24.82%
32.19
3.52
7.68% 26.07%
MID-CAP
9.4B
7.3B
11.78% 38.99%
23.98
1.29
10.28% 6.24%
5.0B
1.7B
2.84% 1.42%
27.5
3
12.34% 15.10%
4.6B
4.4B
0.74% 55.35%
21.98
1.05
-5.37% -17.11%
3.6B
13.9B
-4.70% -12.30%
-7.83
0.26
-6.57% -164.76%
1.7B
6.7B
-21.88% -8.93%
-9.14
0.25
-6.72% 6.15%
SMALL-CAP
1.7B
302.0M
13.51% 1590.82%
2.8K
4.93
-16.01% -96.16%
841.7M
312.6M
-6.38% 28.96%
372.94
2.69
-2.04% 106.54%
781.5M
3.7B
14.03% 30.38%
-2.64
0.21
-2.41% -62.64%
480.9M
36.9M
-8.72% 12.38%
-11.38
13.02
20.62% 24.62%
130.0M
61.7M
-28.43% 9.04%
31.17
2.11
2.22% 29.66%

Broadridge Financial Solutions Inc News

Latest updates
Simply Wall St • 113 minutes ago
Houston Chronicle • 8 hours ago
Yahoo New Zealand News • 06 May 2024 • 06:13 am

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/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Revenue22.9%1,7271,4051,4311,8391,6461,2931,2831,7231,5341,2601,1931,5321,3901,0551,0171,3621,2509699491,2111,225
Costs and Expenses11.2%1,4241,2811,2831,3851,3591,1851,1961,3811,2881,1911,0901,2501,1519769391,0631,024942875970991
  S&GA Expenses5.7%236223207226221197205234210212176234190169152179151161148159144
EBITDA Margin-0.2%0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.12*0.13*---------
Interest Expenses-50.3%25.0051.0020.0051.0026.0047.0013.0036.005.0036.005.0023.002.0021.0010.0021.0010.0014.0014.0012.0011.00
Income Taxes204.0%53.0017.0022.0093.0052.0014.005.0071.0047.005.0011.0076.0052.0013.008.0065.0044.000.008.0047.0051.00
Earnings Before Taxes-----------------21111.0064.00230224
EBT Margin-1.3%0.08*0.08*0.08*0.08*0.09*0.09*0.09*0.09*0.09*0.10*0.10*0.10*---------
Net Income204.0%21470.0091.0032419958.0050.0024817747.0067.0026016556.0066.0023016710.0056.00183172
Net Income Margin0.9%0.11*0.11*0.11*0.10*0.09*0.09*0.09*0.09*0.10*0.10*0.11*0.11*---------
Free Cashflow3.9%185178-66.70712170113-21045070.0035.00-141440---------
Balance Sheet
(In Millions)
Balance Sheet
(In Millions)
(*) denotes actual numbers (not divided by Millions)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Assets2.7%8,2158,0008,0718,2338,4328,0518,0918,1698,3508,1168,0288,1205,1874,8584,7504,8904,9144,3854,2203,8813,602
  Current Assets14.8%1,5651,3641,3271,3931,5681,2831,2221,3281,4951,2671,2111,2611,3791,1491,1201,3281,3611,0111,0951,0421,195
    Cash Equivalents-14.9%236277234252332280227225277281317275356366357477402234358273292
  Net PPE8.2%155143144146138143145151165170167177167167162162154138186189183
  Goodwill0.7%3,4523,4293,4453,4623,4473,3883,4343,4853,5783,6643,67727.001,7231,7061,70118.001,7051,6611,49527.001,257
Liabilities0.3%5,9485,9325,9585,9936,4336,2656,1876,2506,5286,3686,2756,3113,5973,4243,3363,5433,7113,2593,0772,7532,337
  Current Liabilities15.6%1,1229719242,3981,1631,0199921,3131,1771,0889671,2881,0038387441,3411,2551,1251,041803705
  Long Term Debt-3.8%3,5143,6533,6822,2354,0774,1054,0643,7934,1674,1574,1663,8881,7381,7711,7761,3881,6801,4491,3691,4701,174
    LT Debt, Current----1,179-----------400400400399--
    LT Debt, Non Current-100.0%-3,6533,6822,2354,0774,1054,0643,7934,1674,1574,1663,8881,7381,7711,7761,3881,6801,4491,3691,4701,174
Shareholder's Equity9.7%2,2672,0682,1132,2411,9991,7871,9041,9191,8211,7481,7541,8091,5891,4341,4141,3471,2031,1251,1431,1281,266
  Retained Earnings3.9%3,2053,0863,1103,1132,8752,7612,7892,8242,6512,5492,5772,5842,3902,2922,3022,3032,1352,0302,0822,0881,960
  Additional Paid-In Capital2.5%1,5451,5071,4811,4371,4241,4021,3801,3451,3331,3081,2641,2461,2411,2201,1991,1791,1691,1501,1311,1091,108
Shares Outstanding0.3%118118118118118118118117117116116116---------
Float------15,677---21,192---17,614---14,073---
Cashflow (Last 12 Months)
(In Thousands)
Cashflow (Quarterly)
(In Thousands)
(*) denotes actual numbers (not divided by Thousands)
Description(%) Q/Q2024Q12023Q42023Q32023Q22023Q12022Q42022Q32022Q22022Q12021Q42021Q32021Q22021Q12020Q42020Q32020Q22020Q12019Q42019Q32019Q22019Q1
Cashflow From Operations9.3%207,400189,800-62,000729,200175,500123,100-204,500457,40080,70040,800-135,400450,600106,200127,500-44,200442,600144,10097,900-86,400399,100135,800
  Share Based Compensation-100.0%-20,50016,40015,70020,90020,90015,60013,60018,50022,70013,60012,25017,60018,30010,40013,20017,30018,50011,80011,65017,400
Cashflow From Investing-82.7%-40,200-22,000-14,400-31,300-14,000-21,500-13,600-29,400-27,100-17,500-36,400-2,588,700-21,100-35,200-8,700-13,800-96,700-244,900-86,300-384,400-17,100
Cashflow From Financing-69.1%-208,900-123,50057,300-778,000-113,600-45,900222,800-474,400-55,600-57,800217,0002,052,900-98,500-83,900-72,700-350,400121,10022,400258,100-34,300-76,900
  Dividend Payments0.1%94,20094,10085,60085,30085,40085,30075,00074,80074,70074,40066,80066,60066,60066,30062,20061,80062,00061,80055,40056,10056,100
  Buy Backs-25.0%300400161,10020,6001,2004002,10020,7004001,700-20,500200-80018,80050,500--277,500-
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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 May 08 2024, market cap of Broadridge Financial Solutions Inc is 22.5 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 May 08 2024, BR's PE ratio (Price to Earnings) is 32.19 and Price to Sales (PS) ratio is 3.52. 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 0.193 (multiply by 100 for percentage) rate of return.