Broadridge Financial Solutions (NYSE:BR) Updates FY 2025 Earnings Guidance

Broadridge Financial Solutions (NYSE:BR) updated its FY 2025 earnings guidance on Thursday. The company provided EPS guidance of 8.350-8.660 for the period, compared to the consensus EPS estimate of 8.500. The company issued revenue guidance of -.

Broadridge Financial Solutions Trading Up 0.9 %

Shares of BR opened at $229.01 on Thursday. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.39 and a quick ratio of 1.39. Broadridge Financial Solutions has a 1-year low of $179.79 and a 1-year high of $230.00. The stock has a market cap of $26.77 billion, a price-to-earnings ratio of 39.62 and a beta of 1.05. The firm has a 50 day simple moving average of $215.21 and a 200-day simple moving average of $207.66.

Broadridge Financial Solutions (NYSE:BR) last released its quarterly earnings results on Tuesday, November 5th. The business services provider reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.97 by $0.03. Broadridge Financial Solutions had a return on equity of 41.79% and a net margin of 10.57%. The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.48 billion. During the same quarter last year, the business posted $1.09 earnings per share. Broadridge Financial Solutions’s revenue was down .6% compared to the same quarter last year. Equities analysts forecast that Broadridge Financial Solutions will post 8.53 EPS for the current fiscal year.

Analysts Set New Price Targets

BR has been the topic of a number of recent research reports. JPMorgan Chase & Co. upped their target price on shares of Broadridge Financial Solutions from $224.00 to $225.00 and gave the company a “neutral” rating in a report on Tuesday, August 20th. Morgan Stanley upped their price objective on shares of Broadridge Financial Solutions from $200.00 to $207.00 and gave the company an “equal weight” rating in a research note on Wednesday, November 6th. StockNews.com cut shares of Broadridge Financial Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, November 9th. Finally, Royal Bank of Canada reiterated an “outperform” rating and issued a $246.00 price target on shares of Broadridge Financial Solutions in a report on Wednesday, November 6th. Four research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $217.83.

Insider Buying and Selling

In other news, VP Thomas P. Carey sold 10,757 shares of the business’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $226.82, for a total transaction of $2,439,902.74. Following the completion of the sale, the vice president now directly owns 12,689 shares of the company’s stock, valued at $2,878,118.98. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In other Broadridge Financial Solutions news, President Christopher John Perry sold 300 shares of Broadridge Financial Solutions stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $210.00, for a total transaction of $63,000.00. Following the transaction, the president now directly owns 67,254 shares of the company’s stock, valued at $14,123,340. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, VP Thomas P. Carey sold 10,757 shares of the business’s stock in a transaction that occurred on Monday, November 11th. The stock was sold at an average price of $226.82, for a total transaction of $2,439,902.74. Following the sale, the vice president now owns 12,689 shares of the company’s stock, valued at approximately $2,878,118.98. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 140,996 shares of company stock valued at $30,073,732. Insiders own 1.30% of the company’s stock.

About Broadridge Financial Solutions

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.