Analysts Ratings on Franklin Resources Inc (BEN)

The shares of Franklin Resources, Inc. (NYSE:BEN)currently has mean rating of 3.2 while 0 analyst have recommended the shares as ‘BUY’ ,1 recommended as ‘OUTPERFORM’ and 10 recommended as ‘HOLD’.The rating score is on a scale of 1 to 5 where 1 stands for strong buy and 5 stands for sell

The mean price target for the shares of Franklin Resources, Inc. (NYSE:BEN)is at $36.71 while the highest price target suggested by the analysts is $43.00 and low price target is $28.00. The mean price target is calculated keeping in view the consensus of 14 brokerage firms.

The company’s mean estimate for sales for the current quarter ending Jun 16 is 1.63B by 10 analysts. The means estimate of sales for the year ending Sep 16 is 6.64B by 13 analysts.

The average estimate of EPS for the current fiscal quarter for Franklin Resources, Inc. (NYSE:BEN)stands at $0.68 while the EPS for the current year is fixed at $2.71 by 13.00 analysts

The next one year’s EPS estimate is set at 2.80 by 16.00 analysts while a year ago the analysts suggested the company’s EPS at $2.71. The analysts also projected the company’s long-term growth at -6.03% for the upcoming five years

In its latest quarter ended on 31 Mar 2016 , Franklin Resources, Inc. (NYSE:BEN)reported earnings of $0.61. The posted earnings missed the analyst’s consensus by $-0.03 with the surprise factor of -4.70%. In the matter of earnings surprises, the term ‘Cockroach Effect’ is often implied. Cockroach Effect is a market theory that suggests that when a company reveals bad news to the public, there may be many more related negative events that have yet to be revealed. In the case of earnings surprises, if a company is suggesting a negative earnings surprise it means there are more to come.

Franklin Resources, Inc. (NYSE:BEN) traded down -2.35% during trading on Friday, hitting $35.20 . The stock had a trading volume of 4.8 M shares. The firm has a 50 day moving average of $36.73 and a 200-day moving average of $36.68. The stock has a market cap of $20.13B and a price-to-earnings ratio of 12.47. On Jun 22, 2015 the shares registered one year high at $51.94 and the one year low was seen on Feb 11, 2016.

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California.