Franklin Resources Inc. [NYSE: BEN] stock went on an upward path that rose over 1.17% on Tuesday, amounting to a one-week price decrease of less than -4.90%. Over the last 12 months, BEN stock dropped by -31.56%. The one-year Franklin Resources Inc. stock forecast points to a potential downside of -16.35. The average equity rating for BEN stock is currently 3.40, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $10.66 billion, with 491.50 million shares outstanding and 268.23 million shares in the current float. Compared to the average trading volume of 4.93M shares, BEN stock reached a trading volume of 3231295 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Franklin Resources Inc. [BEN]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BEN shares is $19.33 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BEN stock is a recommendation set at 3.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Goldman have made an estimate for Franklin Resources Inc. shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on February 25, 2020. The new note on the price target was released on February 20, 2020, representing the official price target for Franklin Resources Inc. stock. Previously, the target price had yet another raise from $25 to $28, while Keefe Bruyette kept a Mkt Perform rating on BEN stock.
The Average True Range (ATR) for Franklin Resources Inc. is set at 1.17, with the Price to Sales ratio for BEN stock in the period of the last 12 months amounting to 1.88. The Price to Book ratio for the last quarter was 1.12, with the Price to Cash per share for the same quarter was set at 12.74.
BEN Stock Performance Analysis:
Franklin Resources Inc. [BEN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.90. With this latest performance, BEN shares gained by 26.63% in over the last four-week period, additionally sinking by -13.47% over the last 6 months – not to mention a drop of -31.56% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BEN stock in for the last two-week period is set at 62.20, with the RSI for the last a single of trading hit 61.03, and the three-weeks RSI is set at 59.71 for Franklin Resources Inc. [BEN]. The present Moving Average for the last 50 days of trading for this stock 18.55, while it was recorded at 21.98 for the last single week of trading, and 23.68 for the last 200 days.
Insight into Franklin Resources Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and Franklin Resources Inc. [BEN] shares currently have an operating margin of +26.84 and a Gross Margin at +66.65. Franklin Resources Inc.’s Net Margin is presently recorded at +20.61.
Return on Total Capital for BEN is now 12.81, given the latest momentum, and Return on Invested Capital for the company is 11.15. Return on Equity for this stock inclined to 11.96, with Return on Assets sitting at 8.19. When it comes to the capital structure of this company, Franklin Resources Inc. [BEN] has a Total Debt to Total Equity ratio set at 7.55. Additionally, BEN Total Debt to Total Capital is recorded at 7.02, with Total Debt to Total Assets ending up at 5.15. Long-Term Debt to Equity for the company is recorded at 7.31, with the Long-Term Debt to Total Capital now at 6.80.
Reflecting on the efficiency of the workforce at the company, Franklin Resources Inc. [BEN] managed to generate an average of $123,417 per employee. Receivables Turnover for the company is 6.82 with a Total Asset Turnover recorded at a value of 0.40.
BEN Stock EPS
With the latest financial reports released by the company, Franklin Resources Inc. posted 0.48/share EPS, while the average EPS was predicted by analysts to be reported at 0.62/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -22.60%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BEN. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Franklin Resources Inc. go to -4.23%.
Franklin Resources Inc. [BEN] Insider Position Details
There are presently around $5,429 million, or 51.60% of BEN stock, in the hands of institutional investors. The top three institutional holders of BEN stocks are: VANGUARD GROUP INC with ownership of 37,016,574, which is approximately 2.455% of the company’s market cap and around 20.80% of the total institutional ownership; STATE STREET CORP, holding 27,642,060 shares of the stock with an approximate value of $614.48 million in BEN stocks shares; and BLACKROCK INC., currently with $549.83 million in BEN stock with ownership of nearly 4.195% of the company’s market capitalization.
Positions in Franklin Resources Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 239 institutional holders increased their position in Franklin Resources Inc. [NYSE:BEN] by around 34,650,348 shares. Additionally, 261 investors decreased positions by around 34,116,981 shares, while 74 investors held positions by with 175,431,491 shares. The mentioned changes placed institutional holdings at 244,198,820 shares, according to the latest SEC report filing. BEN stock had 58 new institutional investments in for a total of 15,702,073 shares, while 88 institutional investors sold positions of 4,689,188 shares during the same period.