Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry worldwide. More Details
Solid track record established dividend payer.
Share Price & News
How has Broadridge Financial Solutions's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BR is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: BR's weekly volatility (2%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: BR underperformed the US IT industry which returned 30.7% over the past year.
Return vs Market: BR underperformed the US Market which returned 35.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Broadridge Financial Solutions's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDoes Broadridge Financial Solutions (NYSE:BR) Have A Healthy Balance Sheet?
3 weeks ago | Simply Wall StBoasting A 33% Return On Equity, Is Broadridge Financial Solutions, Inc. (NYSE:BR) A Top Quality Stock?
1 month ago | Simply Wall StDid You Participate In Any Of Broadridge Financial Solutions' (NYSE:BR) Fantastic 168% Return ?
Is Broadridge Financial Solutions undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: BR ($173.49) is trading above our estimate of fair value ($150.68)
Significantly Below Fair Value: BR is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: BR is poor value based on its PE Ratio (38.8x) compared to the US IT industry average (35.8x).
PE vs Market: BR is poor value based on its PE Ratio (38.8x) compared to the US market (18.1x).
Price to Earnings Growth Ratio
PEG Ratio: BR is poor value based on its PEG Ratio (3.9x)
Price to Book Ratio
PB vs Industry: BR is overvalued based on its PB Ratio (12.7x) compared to the US IT industry average (5.2x).
How is Broadridge Financial Solutions forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BR's forecast earnings growth (10.1% per year) is above the savings rate (2%).
Earnings vs Market: BR's earnings (10.1% per year) are forecast to grow slower than the US market (15% per year).
High Growth Earnings: BR's earnings are forecast to grow, but not significantly.
Revenue vs Market: BR's revenue (5.8% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: BR's revenue (5.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BR's Return on Equity is forecast to be high in 3 years time (36.9%)
How has Broadridge Financial Solutions performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BR has high quality earnings.
Growing Profit Margin: BR's current net profit margins (10.7%) are higher than last year (9.5%).
Past Earnings Growth Analysis
Earnings Trend: BR's earnings have grown by 11% per year over the past 5 years.
Accelerating Growth: BR's earnings growth over the past year (24.2%) exceeds its 5-year average (11% per year).
Earnings vs Industry: BR earnings growth over the past year (24.2%) exceeded the IT industry 19.3%.
Return on Equity
High ROE: Whilst BR's Return on Equity (32.52%) is high, this metric is skewed due to their high level of debt.
How is Broadridge Financial Solutions's financial position?
Financial Position Analysis
Short Term Liabilities: BR's short term assets ($1.4B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: BR's short term assets ($1.4B) do not cover its long term liabilities ($2.6B).
Debt to Equity History and Analysis
Debt Level: BR's debt to equity ratio (109.3%) is considered high.
Reducing Debt: BR's debt to equity ratio has increased from 90.9% to 109.3% over the past 5 years.
Debt Coverage: BR's debt is well covered by operating cash flow (36.4%).
Interest Coverage: BR's interest payments on its debt are well covered by EBIT (13.1x coverage).
What is Broadridge Financial Solutions's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: BR's dividend (1.33%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: BR's dividend (1.33%) is low compared to the top 25% of dividend payers in the US market (3.55%).
Stability and Growth of Payments
Stable Dividend: BR's dividends per share have been stable in the past 10 years.
Growing Dividend: BR's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (50.6%), BR's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BR's dividends in 3 years are forecast to be well covered by earnings (38.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tim Gokey (59 yo)
Mr. Timothy C. Gokey, also known as Tim, has been Chief Executive Officer of Broadridge Financial Solutions, Inc. January 02, 2019. He served as Chief Operating Officer at Broadridge Financial Solutions, I...
CEO Compensation Analysis
Compensation vs Market: Tim's total compensation ($USD9.15M) is about average for companies of similar size in the US market ($USD11.20M).
Compensation vs Earnings: Tim's compensation has increased by more than 20% in the past year.
Experienced Management: BR's management team is considered experienced (2 years average tenure).
Experienced Board: BR's board of directors are considered experienced (3.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BR insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 13.7%.
Broadridge Financial Solutions, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Broadridge Financial Solutions, Inc.
- Ticker: BR
- Exchange: NYSE
- Founded: 1962
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: US$22.641b
- Shares outstanding: 130.50m
- Website: https://www.broadridge.com
Number of Employees
- Broadridge Financial Solutions, Inc.
- 5 Dakota Drive
- Suite 300
- Lake Success
- New York
- United States
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry worldwide. The company’s Investor Communication Solutions segment p...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/08/01 22:13|
|End of Day Share Price||2021/07/30 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.