MAY 28·finance.yahoo.com▼
Broadridge Financial Stock Outlook: Is Wall Street Bullish or Bearish?
Broadridge Financial Solutions (BR) has lagged peers and the S&P 500, down 38% over 52 weeks and 34.1% YTD versus SPX gains of 27.4% and 8.8%. After Q3 results on Apr. 30, shares fell 4.2% despite revenue of $1.95B (+7.8%) and adjusted EPS of $2.72 (vs $2.63 expected). Management cited longer sales cycles and delays on large deals. For FY ending June, analysts expect EPS of $9.55 (+11.7%). Morgan Stanley cut its target to $169 (Equal Weight).
MAY 21·GuruFocus▲
Broadridge Financial Solutions (BR) Declares $0.975 Quarterly Dividend
Broadridge Financial Solutions (BR) announced a quarterly dividend of $0.975 per share, maintaining its previous payout, with a forward yield of 2.64%. The company shows strong financial prospects with a GF Score™ of 83/100, high growth and profitability ranks, and a P/E ratio near its 10-year low, suggesting potential undervaluation. Insider buying activity further indicates confidence, although past insider selling warrants investor consideration.