Broadridge Financial Solutions, Inc. (BR) released Q4 and FY2019 results and FY2020 guidance on August 1, 2019. BR's share price has retraced from its late July 2019 level and in this article I look at whether the current valuation based on FY2020 guidance presents a buying opportunity. In my opinion, the current market environment is [...]
As a long-term Broadridge Financial Solutions (BR) shareholder I have a positive outlook on the company's future. I recommended the purchase of shares in early February 2019 when shares retraced to ~$94. Based on Q3 2019 results and earnings guidance released May 7, 2019 and BR's current share price I suggest investors wait for a [...]
Summary BR’s shares were grossly overvalued in August/September 2018 and the share price has subsequently retraced by just over 30% from the 52 week high. Q2 2019 and 1H 2019 results were released February 7th and the share price took a ~6.7% hit from the previous day’s close. The vast majority of investors make investment [...]
On November 6, 2018 Broadridge (BR) released Q1 2019 results and reaffirmed FY2019 guidance which it has provided at the time of its release of FY2018 financials on August 7, 2018. In my previous BR article I viewed shares as expensive and suggested investors patiently for a better entry point. Following the release of Q1 [...]
Summary BR shares dropped ~9.7% upon the November 6, 2018 release of good Q1 2019 results and the reaffirmation of encouraging FY2019 projections. In my August 7th article I indicated I was of the opinion that BR shares were overvalued and that investors should wait for BR shares to pullback. BR’s FY2017 – FY2020 growth [...]
There should be no need to speculate by investing in less than stellar companies. Invest in good solid companies and approach your investments like you are a business owner. Summary This company recently released its Q4 and FY2018 results and Mr. Market responded with a +11% increase in the company’s stock price. The Board [...]
Summary This company recently released its Q4 and FY2018 results and Mr. Market responded with a +11% increase in the company’s stock price. The Board approved a 33% increase in the annual dividend and the dividend’s compound annual growth rate since going public in 2007 is ~33.6%. Diluted EPS growth of 12% - 16% is [...]
This global fintech leader provides investor communications and technology-driven solutions to banks, broker-dealers, mutual funds and corporate issuers. Long-term shareholders have generated significant returns but its current valuation appears to be somewhat stretched. Summary This company has doubled its revenue since being spun off as a separate legal entity in 2007. Growth has been such [...]
Summary This company has doubled its revenue since being spun off as a separate legal entity in 2007. Growth has been such that within a span of 11 years this company has reached the stage where it recently became a member of the S&P500 (SPY). There is not much variance between Free Cash Flow and [...]
Summary Broadridge released its Q2 and 1st half of FY2018 results February 8, 2018. Projections have been revised upwards for the remainder of 2018. Changes in the US Tax Law have resulted in BR revising its FY2017 – 2020 Growth Objectives in Adjusted EPS from the 9% - 13% range to the 14% - 18% [...]
