Franklin Resources Inc

Company Profile

Franklin Resources Inc had its IPO on 1984-09-07 under the ticker symbol BEN.

The company operates in the Financial Services sector and Asset Management industry. Franklin Resources Inc has a staff strength of 9,200 employees.

Stock update

Shares of Franklin Resources Inc opened at $25.87 at the start of the last trading session i.e. 2023-09-12.

The stocks traded within a range of $25.83 - $26.46, and closed at $26.11.

This is a +0.58% increase from the previous day's closing price.

A total volume of 2,698,744 shares were traded at the close of the day’s session.

In the last one week, shares of Franklin Resources Inc have slipped by -2.83%.

Franklin Resources Inc's Key Ratios

Franklin Resources Inc has a market cap of $12.54 billion, indicating a price to book ratio of 1.1798 and a price to sales ratio of 1.5744.

In the last 12-months Franklin Resources Inc’s revenue was $7.86 billion with a gross profit of $3.52 billion and an EBITDA of $2.11 billion. The EBITDA ratio measures Franklin Resources Inc's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Franklin Resources Inc’s operating margin was 21.3% while its return on assets stood at 3.81% with a return of equity of 7.01%.

In Q1, Franklin Resources Inc’s quarterly earnings growth was a negative -44.5% while revenue growth was a negative 7.4%.

Franklin Resources Inc’s PE and PEG Ratio

Forward PE

11.2486

Trailing PE

14.7294

PEG

39.698

Its diluted EPS in the last 12-months stands at $1.7 per share while it has a forward price to earnings multiple of 11.2486 and a PEG multiple of 39.698. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Franklin Resources Inc’s profitability.

Franklin Resources Inc stock is trading at a EV to sales ratio of 2.1894 and a EV to EBITDA ratio of 8.2153. Its price to sales ratio in the trailing 12-months stood at 1.5744.

Franklin Resources Inc stock pays annual dividends of $1.18 per share, indicating a yield of 4.91% and a payout ratio of 43.38%.

Balance sheet and cash flow metrics

Total Assets

$29.09 billion

Total Liabilities

$1.47 billion

Operating Cash Flow

$-1152400000.00

Capital Expenditure

$15.40 million

Dividend Payout Ratio

43.38%

Franklin Resources Inc ended 2024 with $29.09 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $29.09 billion while shareholder equity stood at $11.83 billion.

Franklin Resources Inc ended 2024 with $339.60 million in deferred long-term liabilities, $1.47 billion in other current liabilities, 50100000.00 in common stock, $12.26 billion in retained earnings and $6.01 billion in goodwill. Its cash balance stood at $4.28 billion and cash and short-term investments were $4.28 billion. The company’s total short-term debt was $522,600,000 while long-term debt stood at $3.36 billion.

Franklin Resources Inc’s total current assets stands at $5.58 billion while long-term investments were $2.38 billion and short-term investments were $987.10 million. Its net receivables were $1.30 billion compared to accounts payable of $979.20 million and inventory worth $0.

In 2024, Franklin Resources Inc's operating cash flow was $-1152400000.00 while its capital expenditure stood at $15.40 million.

Comparatively, Franklin Resources Inc paid $0.43 in dividends in 2024.

Other key metrics

Current Trading Price

$26.11

52-Week High

$33.9764

52-Week Low

$19.779

Analyst Target Price

$24.41

Franklin Resources Inc stock is currently trading at $26.11 per share. It touched a 52-week high of $33.9764 and a 52-week low of $33.9764. Analysts tracking the stock have a 12-month average target price of $24.41.

Its 50-day moving average was $27.49 and 200-day moving average was $27 The short ratio stood at 5.08 indicating a short percent outstanding of 0%.

Around 4309% of the company’s stock are held by insiders while 4970.5% are held by institutions.