Analyst Ratings for Broadridge Financial Solutions Inc. (BR)Updated: 2017-07-26
Broadridge Financial Solutions Inc. (NYSE:BR) was awarded an average rating of Hold from investment analysts following the stock. A consensus rating of Overweight was previously issued for BR last month.
Of the 5 analysts covering the stock, 1 gave it a buy rating, 0 gave an overweight rating, 4 issued a hold rating, 0 gave an underweight rating, and 0 issued a sell rating. Today, there are 1 more analysts optimistic about the company future as compared with 90 days ago. Meanwhile, the number of analysts pessimistic about the company has increased by 0.
A number of analysts gave price targets for BR. The highest price target was 85, implying potential capital gains of 11.11 percent. The most pessimistic analyst gave a price target of 72, which equates to a potential downside of -5.88 percent. Many analysts are not unbiased in their coverage of stocks, including price targets and stock ratings, so care must be taken in interpreting numbers released by them.
Analysts have revised their earnings estimates downwards for this quarter, by about -0.29 percent on average, compared to last month. The average change in earnings estimates over the last 90 days is -3.43 percent. Meanwhile, fiscal year estimates have been revised downwards by -0.32 percent, compared to last month. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0.32 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 1 analysts made negative revisions. During this time, 0 analysts made positive revisions in their estimates for this fiscal year's earnings, while 1 analysts decreased their estimates.
Analysts estimate earnings of BR to grow at a rate of 36.81 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. PEG ratios below 1 are often considered desirable, even though it may be more relevant to compare the ratio to that of a firm's competitors. The PEG ratio of BR is 0.81.
BR has traded between a high of 78.00 and a low of 59.86 over the past year. The current market price is above the trailing year's low by 27.8 percent, and 1.92 percent below the high. BR has a P/E ratio of 29.88. Investors typically compare the P/E ratio to a company's peers in the industry. The BR value stock report compares BR to some of its peers using value stock charts. The stock has a market capitalization of $9.01 billion. BR will post this quarters earnings in days, on 0000-00-00.