Franklin Resources, Inc. (BEN) – An Investment to Strengthen Your Portfolio

Tyle Craig Steven, EVP, Gen. Counsel & Secretary, subtracted 10,924 shares of Franklin Resources, Inc. (BEN) from its portfolio at the rate of $32.04 per share valuing $350,024 on Jun 03. The insider left behind 104,241 shares of the company to its portfolio. Before making a move on any particular stock, readers often pay close attention to support and resistance markers. The last reported price for shares of Franklin Resources, Inc. (BEN) was $28.39. Currently, the 1st Resistance Point for this stock is $28.77, with a 2nd Resistance Point sitting at $29.23. Meanwhile, this company’s stock has a 1st Support Level at $28.00 and a 2nd Support Level at $27.69. Franklin Resources, Inc. (BEN) stock has lost -$2.22, or -7.27%, in the past five days. In the last full month, these shares have lost -$6.88, or -19.55%. In the past three months, this stock’s price has fallen by -$5.82, or -17.05%. This year-to-date, Franklin Resources, Inc. (BEN) shares have lost -$1.35, or -4.55%.

Analyzing price projection indicators is a helpful way to determine whether a potential stock buy is a wise choice for profits in the short term, medium term, and long term. For Franklin Resources, Inc. (BEN) stock, 50% of short-term indicators suggest that these shares are a “ Sell .” Meanwhile, Hold % of medium-term indicators point to this stock being a “.”

In the most recently-reported fiscal quarter, which ended in Jun-19, Franklin Resources, Inc. (BEN) reported earnings of $0.65 per share. Wall Street analysts, on average, were expecting the company to report earnings of $0.62 per share, representing a 0.03 difference and 4.25% surprise. In the previous quarter ending in Mar-19, the reported earnings of $0.72 represented a 0.1 difference from the consensus estimate calling for $0.62 per share, which was a 15.42% surprise.

For the current fiscal quarter, which is set to end in 09/2019, the average earnings estimate is $0.68 per share. This estimate came from a total of 6 Wall Street Analysts. Of those market experts, the high estimate was $0.71 and the low estimate was $0.64. In the year-ago quarter, Franklin Resources, Inc. (BEN) generated per-share earnings of $0.79. If the analysts are correct about the current quarter’s earnings, the growth will be -13.92%.

Turning our focus now to insider trading activity, there have been 0 purchases (0 shares in total) and 1 sale (10,924 shares in total) in the last 3 months. In the last 6 months, there have been 1 insider buys amounting to 13,247 shares and 2 insider sales amounting to 21,587 shares. In the past full year, 27 insider purchases were made (involving 369,226 shares) and 14 insider sell-offs equivalent to 590,576 shares.

Looking at this company’s capital structure, its Total Debt to Total Equity is 7.36, its Total Debt to Total Capital is 6.85, and its Total Debt to Total Assets is now 5.06. Looking even further ahead into the future, its Long-Term Debt to Equity is 7.36 and its Long-Term Debt to Total Capital is 6.85.