Franklin Resources Inc (NYSE: BEN) has reported a loss for its fourth fiscal quarter (ending September 30) of $-0.19 versus $0.58 for the same period a year ago — a decline of -133%. For the latest four quarters through September 30, E.P.S. were $0.85 versus $1.72 for the same period a year ago — a decline of -51%.
Recent Price Action
Franklin Resources Inc (NYSE: BEN) stock closed at $20.16 on 11/4/24 after a decline of -3.3%. Moreover, trading volume in this decline was exceptionally high at 265% of normal. The stock has declined -1.0% during the last week and has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
BEN’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Franklin Resources has a current Value Trend Rating of B (Positive). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Franklin Resources has a very high Appreciation Score of 94 but a slightly negative Power Rating of 35, leading to the Positive Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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