Franklin Resources, Inc. [NYSE: BEN] surged by $0.27 during the normal trading session on while it closed the day at $20.24.
Franklin Resources, Inc. stock has also loss -3.34% of its value over the past 7 days. However, BEN stock has declined by -14.24% in the 3 months of the year. Over the past six months meanwhile, it has lost -26.19% and lost -32.06% year-on date.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The market cap for BEN stock reached $10.59 billion, with 495.94 million shares outstanding and 280.55 million shares in the current float. Compared to the average trading volume of 4.25M shares, BEN reached a trading volume of 5400628 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here’s what leading stock market gurus have to say about 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 $22.73 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 3.80. 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.
Barclays have made an estimate for Franklin Resources, Inc. shares, keeping their opinion on the stock as Underweight, with their previous recommendation back on August 27, 2024. While these analysts kept the previous recommendation, Wells Fargo raised their target price from $24 to $30. The new note on the price target was released on January 08, 2024, representing the official price target for Franklin Resources, Inc. stock. Previously, the target price had yet another raise to $32, while TD Cowen analysts kept a Market Perform rating on BEN stock. On July 10, 2023, analysts increased their price target for BEN shares from 20 to 24.
The Average True Range (ATR) for Franklin Resources, Inc. is set at 0.67, with the Price to Sales ratio for BEN stock in the period of the last 12 months amounting to 1.28. The Price to Book ratio for the last quarter was 0.82, with the Price to Cash per share for the same quarter was set at 7.86. Price to Free Cash Flow for BEN in the course of the last twelve months was 10.26.
BEN stock trade performance evaluation
Franklin Resources, Inc. [BEN] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -3.34. With this latest performance, BEN shares dropped by -8.99% in over the last four-week period, additionally sinking by -26.19% over the last 6 months – not to mention a drop of -23.94% 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 39.78, with the RSI for the last a single of trading hit 39.45, and the three-weeks RSI is set at 40.44 for Franklin Resources, Inc. [BEN]. The present Moving Average for the last 50 days of trading for this stock 22.24, while it was recorded at 20.18 for the last single week of trading, and 25.11 for the last 200 days.
Earnings per share (EPS) analysis for Franklin Resources, Inc. [BEN] stock
With the latest financial reports released by the company, Franklin Resources, Inc. posted 0.84/share EPS, while the average EPS was predicted by analysts to be reported at 0.59/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 0.25. 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 4.58%.
Franklin Resources, Inc. [BEN]: Institutional Ownership
There are presently around $49.98%, or 93.97%% of BEN stock, in the hands of institutional investors. The top three institutional holders of BEN stocks are: VANGUARD GROUP INC with ownership of 35.59 million shares, which is approximately 6.866%. POWER CORP OF CANADA, holding 32.22 million shares of the stock with an approximate value of $$720.17 million in BEN stocks shares; and POWER CORP OF CANADA, currently with $$715.57 million in BEN stock with ownership which is approximately 6.176%.
