More about Franklin Resources, Inc.
Regulatory Filings for Franklin Resources, Inc.
Fundamentals for Franklin Resources, Inc.
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Fundamentals for Franklin Resources, Inc.
Business Operations:
Sector: Financial ServicesIndustry: Asset Management
Franklin Resources, Inc. is a publicly owned asset investment manager. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Calgary, Alberta; Dubai, United Arab Emirates; Edinburgh, Midlothian; Fort Lauderdale, Florida; Hyderabad, India; London, Greater London; Rancho Cordova, California; Shanghai, Shanghai Province; Singapore; Stamford, Connecticut; and Vienna.
Revenue projections:
BEN is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
| currentRatio | 5.564000 |
|---|---|
| forwardPE | 9.617234 |
| debtToEquity | 24.587000 |
| earningsGrowth | 0.606000 |
| revenueGrowth | 0.034000 |
| grossMargins | 0.370350 |
| operatingMargins | 0.165230 |
| trailingEps | 1.080000 |
| forwardEps | 2.858930 |
BEN's current ratio being 5.564 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, BEN can easily cover its immediate liabilities, reflecting solid financial health.
BEN's low Debt-to-Equity ratio demonstrates that the company is not over-leveraged. This means it maintains a healthy balance between debt and equity, lowering financial risk and contributing to overall financial stability, which could attract risk-averse investors.
BEN's forward EPS is higher than its trailing EPS, suggesting the company is expected to improve its profitability this financial year. This reflects growing confidence in BEN's earnings potential, with forecasts indicating better financial performance than in the prior year.
Price projections:
BEN's price has often been near the lower end of the projected range. This ongoing trend suggests that investor confidence might be waning, and the stock could face challenges in gaining upward momentum.
Insider Transactions:
1 BEN shares were sold in recent transactions, with market price at 17.510000228881836.4 purchases of Franklin Resources, Inc. were executed, with market price of 19.922500133514404.Without any clear pattern in insider transactions, it's challenging to predict the company's future path or interpret the significance of the activity.
Recommendation changes over time:
Analysts have shown a sell bias toward Franklin Resources, Inc., signaling potential caution for investors. However, it's recommended to base investment decisions on a wider range of market indicators to get a fuller understanding of the stock's trajectory, avoiding overreliance on a single sentiment.
Share holdings:
The 80.0% public stake in BEN, alongside the promoters' 5.0%, increases the float, leading to price volatility. This fluctuation may not appeal to long-term investors who seek stability and predictable returns in their investment portfolios.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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