BR Intrinsic Value – Broadridge Financial Solutions to Release Q3 Earnings on November 5, According to Zacks Report
October 31, 2024
☀️Trending News
Broadridge Financial Solutions ($NYSE:BR) is a leading provider of technology-driven solutions for the financial services industry. The company offers a wide range of services, including investor communications, securities processing, and data and analytics solutions. According to a recent report by Zacks, a leading investment research firm, Broadridge Financial Solutions is scheduled to release its third quarter earnings on November 5 before the market opens. This highly anticipated event has drawn the attention of investors and analysts alike, as they eagerly await the company’s financial performance for the quarter. With a strong track record of consistently delivering solid financial results, Broadridge is expected to once again report strong earnings for the third quarter. This trend is likely to continue in the third quarter, supported by the company’s ongoing investments in technology and its strategic partnerships with major players in the financial industry.
In addition to its financial results, investors will also be interested in hearing about any new developments or initiatives from Broadridge. The company has been actively expanding its global presence and recently announced the acquisition of a leading European fund transaction platform. This move is expected to enhance Broadridge’s capabilities in the European market and provide additional growth opportunities. The company’s strong market position, innovative solutions, and consistent growth make it a top choice for investors looking for long-term stability and potential growth. As always, it will be important to closely monitor the company’s earnings and any updates or announcements during the earnings call on November 5.
Earnings
The previous earnings report for Broadridge Financial Solutions, which covered the second quarter of fiscal year 2024 ending December 31, 2021, showed a total revenue of 1259.6 million USD and a net income of 47.2 million USD. These numbers represent a decrease of 2.6% in total revenue and a decrease of 17.9% in net income compared to the previous year. This decline in performance could potentially be attributed to various factors such as market conditions, industry trends, and changes in customer behavior. Despite the decrease in the previous quarter’s performance, Broadridge Financial Solutions has seen a steady growth in total revenue over the last three years. In fact, their total revenue has increased from 1259.6 million USD to 1405.0 million USD during this period. This indicates the company’s resilience and ability to adapt to changing market conditions, and it will be interesting to see if this trend continues in the upcoming earnings report.
Investors and analysts will be eagerly awaiting the release of Broadridge Financial Solutions’ third quarter earnings report to gain a better understanding of the company’s financial health and future prospects. The report will also provide insights into any potential challenges or opportunities that the company may be facing, which could impact its performance in the upcoming quarters. Overall, the upcoming earnings report from Broadridge Financial Solutions is expected to be a significant event for investors, as it will shed light on the company’s current standing and potential growth prospects. With a track record of consistent growth and a strong position in the financial solutions industry, the company’s earnings report will be closely watched by stakeholders and industry experts alike.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for BR. More…
| Total Revenues | Net Income | Net Margin |
| 6.32k | 683.8 | 10.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for BR. More…
| Operations | Investing | Financing |
| 1.03k | -81.7 | -957.8 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for BR. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8k | 5.93k | 17.57 |
Key Ratios Snapshot
Some of the financial key ratios for BR are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.5% | 14.1% | 16.2% |
| FCF Margin | ROE | ROA |
| 15.1% | 30.6% | 8.0% |
Stock Price
Investors and analysts alike will be eagerly awaiting this report, as it will provide insight into the company’s financial performance and overall health. On Wednesday, BROADRIDGE FINANCIAL SOLUTIONS stock opened at $214.57 and closed at $212.49, marking a decrease of 0.08% from the previous day’s closing price of $212.66. This slight dip in stock price may be attributed to market fluctuations or investors’ cautiousness ahead of the earnings release. Broadridge Financial Solutions has been expanding its product offerings and investing in new technologies to better serve its clients and stay ahead of competitors. This has been reflected in its strong financial performance in recent years, with steady revenue and earnings growth. The third quarter earnings report will provide insight into how these investments are paying off and whether the company is on track to meet its long-term growth targets.
In addition to the financial results, investors will also be looking for updates on any new partnerships or developments within Broadridge Financial Solutions. The company has been actively pursuing strategic acquisitions and partnerships to enhance its capabilities and expand its market reach. Overall, the upcoming earnings report for Broadridge Financial Solutions is highly anticipated and could have a significant impact on the company’s stock price. Investors should keep a close eye on the release and consider both the financial results and any updates on the company’s growth strategy when making investment decisions. Live Quote…
Analysis – BR Intrinsic Value
After conducting a thorough analysis, I can confidently say that the overall state of BROADRIDGE FINANCIAL SOLUTIONS is promising. Our team at GoodWhale has closely examined various factors such as financial performance, market trends, and industry conditions to determine the company’s current standing. One key aspect that we looked at is the fair value of BROADRIDGE FINANCIAL SOLUTIONS shares. According to our proprietary Valuation Line, the fair value of a single share is approximately $179.1. This valuation takes into account several factors, including the company’s financials, growth potential, and market conditions. However, upon further investigation, we found that BROADRIDGE FINANCIAL SOLUTIONS stock is currently trading at $212.49. This means that the stock is currently overvalued by 18.6%. While this may be seen as a positive for investors who currently hold shares in the company, it also raises concerns about potential future corrections in the stock price. Overall, our analysis shows that BROADRIDGE FINANCIAL SOLUTIONS is in a strong position, but investors should exercise caution when considering its current stock price. While overvaluation can be a good thing in the short term, it may lead to a decrease in value in the long run. As always, we recommend carefully considering all factors and consulting with a financial advisor before making any investment decisions. More…
Peers
Broadridge Financial Solutions Inc. is a provider of investor communications and technology-driven solutions to banks, broker-dealers, asset and wealth managers, and corporations. Headquartered in New York, United States, Broadridge employs over 10,000 people in 18 countries.
Broadridge’s main competitors are RTS Technology Holdings Bhd, Fact Inc, and Information Services Group Inc.
– RTS Technology Holdings Bhd ($KLSE:03039)
RTS Technology Holdings Bhd has a market cap of 20.53M as of 2022, a Return on Equity of 15.84%. The company is an investment holding company. Through its subsidiaries, the Company is engaged in the provision of management services, as well as trading of electrical and electronic products.
– Fact Inc ($OTCPK:FCTI)
Fact Inc is a publicly traded company with a market capitalization of 552.17k as of 2022. The company has a return on equity of 98.84%. Fact Inc is engaged in the business of providing financial data and analytics solutions to clients in a variety of industries. The company’s products and services are used by clients to make informed decisions about investments, risk management, and other financial matters.
– Information Services Group Inc ($NASDAQ:III)
Information Services Group Inc is a publicly traded company that provides technology research and advisory services. The company has a market capitalization of 232.55 million as of 2022 and a return on equity of 19.28%. ISG was founded in 2006 and is headquartered in Stamford, Connecticut.
Summary
Broadridge Financial Solutions is set to release its earnings report on November 5, which will provide valuable insights for investors. Analysts expect the company to report a positive earnings per share (EPS) and revenue growth. This is based on the company’s strong performance in recent quarters, with increased demand for its technology solutions in the financial sector.
Investors should pay attention to the company’s revenue and EPS figures, as well as any updates on its business outlook and potential growth opportunities. Overall, Broadridge Financial Solutions appears to be a solid investment option with potential for continued success in the future.
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