Added to YB: 2026-08-27
Pitch date: 2026-08-20
BR [bullish]
Broadridge Financial Solutions, Inc.
+1.45%
current return
Author Info
Bob’s Payment Stock Substack is a former analyst and portfolio manager. Fundamental buy-and-hold investor. Talking stocks and markets. Focus on Payments, Financial Technology, and Payroll and HCM. Sign up for the newsletter.
Company Info
Broadridge Financial Solutions, Inc. provides investor communications and technology-driven solutions for the financial services industry in the United States and internationally.
Market Cap
$21.1B
Pitch Price
$179.00
Price Target
N/A
Dividend
2.35%
EV/EBITDA
12.88
P/E
19.32
EV/Sales
3.24
Sector
Professional Services
Category
value
Payments and FinTech Earnings Recap: Q2 2026 - Broadridge Financial Solutions, Inc.
BR (earnings): FQ4 closed sales rebounded, beating recently-lowered guide by ~$40MM; FY26 closed sales $305MM (+6%), ~in-line w/ original midpoint, easing concerns. FY27 guide back to historical algo: 6-8% recurring rev growth, 8-12% EPS, >100% FCF conversion. Position growth (key driver) intact: equity +12%, fund +6%; organic recurring rev +6% (10-yr avg); backlog $470MM (+9%); pipeline +1/3 YoY supports FY27 sales outlook $290-330MM. Risks: SEC e-delivery rule modest recurring-rev headwind over 2-3yr; tokenized securities unknown (BR building hybrid model). Valuation: <16x NTM EPS vs low-to-mid 20s decade avg — too cheap for virtual proxy monopoly + regulatory/comms franchise (~70% of profits).
Read full article (2 min)