How to Buy Broadridge Financial Solutions Stock
Broadridge Financial Solutions Inc
Broadridge Financial Solutions is a information technology service company located in New York, United States, which is part of the Technology sector, and is traded under the ticker BR on the NYSE exchange.
Broadridge Financial Solutions stock last closed at $192.98, down 0.24% from the previous day, and has increased 32.33% in one year. It has overperformed other stocks in the Information Technology Services industry by 0.24 percentage points. Broadridge Financial Solutions stock is currently +38.32% from its 52-week low of $139.52, and -8.21% from its 52-week high of $210.24.
As of Apr 18, 2024, there are 117.77M shares of BR outstanding. The market value of BR is $22.73B. In the past 24 hours, 391,863 BR shares were traded.
How to Buy Broadridge Financial Solutions Stock
Not sure how to invest in Broadridge Financial Solutions stock? Here's how.
- Choose where to buy Broadridge Financial Solutions stock: You need to pick a stock brokerage, but don't worry - we've analyzed dozens of online stock brokerages and apps to help you choose where to buy Broadridge Financial Solutions stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit money your brokerage account: Choose your method of payment and add your info.
- Analyze Broadridge Financial Solutions stock: The Broadridge Financial Solutions ticker symbol is BR. Is Broadridge Financial Solutions stock a good investment? Should you buy shares of BR? How do BR's underlying business fundamentals look? Do top analysts think Broadridge Financial Solutions is a good buy? Why has BR's stock price moved recently? (Hint: Our stock market research website can help you understand if BR is a good stock to buy).
- Place your BR trade: Decide if you will purchase BR shares at the current market price or use a limit order to buy BR stock at a given price.
- Get key alerts regarding your BR investment: Create a watchlist to important notifications about your new investment in Broadridge Financial Solutions stock.
Step 1: Choose where to buy Broadridge Financial Solutions stock
You need an online brokerage account in order to access the NYSE market and buy BR shares.
Our preferred brokerage: eToro
Based on our experience, eToro is the best online stock brokerage. eToro gives you:
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- Social investing: eToro has a community with more than 20 million users globally. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other financial assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 2: Create your brokerage account
Now that you've chosen the best brokerage, the next step is to fill out some personal information so you can buy BR today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on the best stock trading app for beginners, you can securely and quickly fund your account:
Watch the walkthrough below if you need help transferring funds into your brokerage account.
Step 4: Analyze Broadridge Financial Solutions stock
After you have identified the best place to buy Broadridge Financial Solutions stock, it's very important to evaluate their stock prior to buying, so you truly understand the risk as well as the upside.
Broadridge Financial Solutions Metrics
Broadridge Financial Solutions Due Diligence Checks
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on BR's stock page.
What is the fair value of BR stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge BR's true value.
Using relative valuations metrics:
- BR may be overvalued based on its P/E ratio of 33.22x, relative to Information Technology Services industry P/E ratio of 23.62x
- BR could be overvalued based on its P/B ratio of 10.99x, relative to Information Technology Services industry P/B ratio of 4.52x
- BR may be overvalued based on its PEG ratio of 2.24x
You can access additional valuation research on BR's stock here.
BR Financial Health
Positive Health Checks:
- BR profit margin has gone up from 9.1% to 10.8% in the past year.
- BR's operating cash flow of $1.03B allows it to safely service it's debt of $3.65B.
- There are more short-term assets than short-term liabilities on the BR balance sheet.
- BR earnings of $1.01B is not enough to cover its interest payments.
Negative Health Checks:
- BR has a relatively high debt to equity ratio of 2.87.
- Total BR debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the BR balance sheet.
Do Wall Street analysts think it's a good time to buy Broadridge Financial Solutions stock
Out of 5 Equities analysts who give recommendations on BR, the consensus analyst rating on Broadridge Financial Solutions is a Buy
Please keep in mind that analyst forecasts are not recommendations, nor are they investment advice.
You can dig deeper into what analysts are saying on the Broadridge Financial Solutions stock forecast page.
BR Technicals
BR Performance Numbers
Last year, BR earnings were $683.80M. Over the last five year, BR's earnings have gone up by 8.92% per year. This was faster than the Information Technology Services industry average of 7.56%.
Last year, BR revenue was $6.32B. During the last 5 year, BR's revenue has increased by 7.92% per year. This was faster than the Information Technology Services industry average of 7.57%.
You can research BR's earnings and revenue performance here.
Are BR executives and large shareholders buying or selling the stock?
Over the past year, insiders at BR have sold more shares than they have bought.
Thomas P. Carey, Corporate VP of BR, was the latest BR insider to sell. They sold $292,365.50 worth of BR stock on Apr 8, 2024.
Learn more about who owns BR stock here.
Can I get consistent income from BR stock?
Broadridge Financial Solutions pays a dividend of 1.62%, compared to the Information Technology Services industry's average dividend yield of 2.58%. If you owned $1,000 of BR stock, you would have received $16.19 in the past year.
Broadridge Financial Solutions dividend payments have consistently grown over the past decade and have remained stable.
Dig into more info about Broadridge Financial Solutions dividend yield and history here.
What others are saying about BR
One of the major reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your BR trade
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at a given price, use a limit order.
Click the Open button and your broker will place your order.
If you require additional help buying stocks on eToro, click the how to video below:
Step 6: Get key alerts regarding your BR investment
Now that you own some BR shares, you'll want to keep up with your investment.
Put BR on a watchlist to monitor your BR stock.
BR Feed
How to Buy Stock in Broadridge Financial Solutions
To summarize, here are the 6 steps for buying Broadridge Financial Solutions stock:
- Choose where to buy Broadridge Financial Solutions stock
- Create your brokerage account
- Deposit money your brokerage account
- Analyze Broadridge Financial Solutions stock
- Place your BR trade
- Get key alerts regarding your BR investment
If you are looking for a brokerage, eToro is our favorite option.
Get Started with eToro TodayIf you want to monitor your investment in Broadridge Financial Solutions, hit the button below to create your watchlist.
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