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 with an additional office in Calgary, Canada; Dubai, United Arab Emirates; Edinburgh, United Kingdom; Fort Lauderdale, United States; Hyderabad, India; London, United Kingdom; Rancho Cordova, United states; Shanghai, China; Singapore; Stamford, United States; and Vienna, Austria.
Outflow Challenges | Franklin Resources faces significant asset outflows, surpassing internal and external expectations, potentially impacting its market position and financial performance. |
Industry Headwinds | Explore how shifts towards passive investing and fee pressures are affecting Franklin Resources' growth prospects in the competitive asset management landscape. |
Global Opportunities | Delve into Franklin Resources' potential to leverage its international presence and product innovation to reverse outflow trends and tap into growth markets. |
Analyst Outlook | Keefe, Bruyette & Woods sets an Underperform rating with a $23 price target, reflecting concerns about the company's ability to navigate current challenges. |
Metrics to compare | BEN | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipBENPeersSector | |
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P/E Ratio | 23.5x | 13.0x | 8.6x | |
PEG Ratio | −0.46 | 0.39 | 0.03 | |
Price/Book | 0.8x | 1.8x | 1.0x | |
Price / LTM Sales | 1.3x | 2.7x | 2.7x | |
Upside (Analyst Target) | −7.7% | −0.7% | 14.4% | |
Fair Value Upside | Unlock | 9.1% | 4.0% | Unlock |