While Franklin Resources, Inc has overperformed by 0.35%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, BEN fell by -7.44%, with highs and lows ranging from $30.32 to $18.94, whereas the simple moving average fell by -1.40% in the last 200 days.
On September 12, 2024, Wells Fargo started tracking Franklin Resources, Inc (NYSE: BEN) recommending Equal Weight. A report published by Barclays on August 27, 2024, Initiated its previous ‘Underweight’ rating for BEN. Wells Fargo also Upgraded BEN shares as ‘Equal Weight’, setting a target price of $30 on the company’s shares in a report dated January 08, 2024. TD Cowen Initiated an Market Perform rating on January 04, 2024, and assigned a price target of $32. BMO Capital Markets initiated its ‘Market Perform’ rating for BEN, as published in its report on July 10, 2023. Wells Fargo’s report from December 15, 2022 suggests a price prediction of $26 for BEN shares, giving the stock a ‘Underweight’ rating. Credit Suisse also rated the stock as ‘Neutral’.
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Analysis of Franklin Resources, Inc (BEN)
The current dividend for BEN investors is set at $1.24 per share, indicating investors will get a return regardless of how the company performs over the next quarter. Further, the quarter-over-quarter increase in sales is 14.68%, showing a positive trend in the upcoming months.
There are several well-rounded types of analysis and research techniques that can be used to gain a clear view of Franklin Resources, Inc’s future performance, with equity being one of the most critical indicators. The goal here is to ensure that your current return on equity of 3.53% is sufficient for you to turn a profit off your investment.
As an indicator of volatility for any stock, average volume can also be very valuable, and BEN is recording an average volume of 4.22M. On a monthly basis, the volatility of the stock is set at 2.65%, whereas on a weekly basis, it is put at 2.08%, with a gain of 4.79% over the past seven days. Furthermore, long-term investors anticipate a median target price of $19.64, showing decline from the present price of $22.76, which can serve as yet another indication of whether BEN is worth investing in or should be passed over.
How Do You Analyze Franklin Resources, Inc Shares?
Franklin Resources, Inc (BEN) is based in the USA and is one of the most prominent companies operating in the Asset Management market. When comparing Franklin Resources, Inc shares with other companies under Financial, the P/E value is an influential factor to note. This is because it represents an indication of the future growth of the company in terms of investors’ expectations. Ultimately, the value of the latter should demonstrate steady, rapid growth, which is an accurate measure of the company’s progress. In addition to the value of 26.43, there is a growth in quarterly earnings of -131.19%.
Apart from looking at the fundamentals, you should also pay attention to the number of company employees who own shares. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 46.50%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 45.16% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
BEN shares are owned by institutional investors to the tune of 45.16% at present.
