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.
Investment analysts gave a few price targets for BR. The highest price target was 85, implying a possible profit of 11.11 percent. The minimum price target given was 72, which equates to a potential downside of -5.88 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -0.29 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -3.43 percent. Over the past 30 days, FY earnings estimates have also changed downwards by -0.32 percent. If we look at the last 90 days instead, we find a net average change of 0.32 percent in FY estimates.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts made positive revisions to their quarterly estimates over the past month, while 1 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 1 analysts that revised their FY estimates downwards.
Analysts estimate earnings of BR to grow at a rate of 36.81 percent. People on Wall Street often look at a company's PEG ratio. Smaller PEG ratios are desirable, because that is often interpreted as the company being fairly priced relative to its growth rate. PEG ratios below 1 are often considered desirable, but many choose to perform ratio comparisons with other companies in the industry. BR has a PEG ratio of 0.81.
In the trailing 52-weeks, BR hit 78.00 at the highest peak, while it's lowest trading point was 59.86. The current market price is above the trailing year's low by 27.8 percent, and 1.92 percent lower than its 52-week high. BR has a price/earnings 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.