Investors are looking at Franklin Resources, Inc. (NYSE:BEN)’s short data, trying to figure out market sentiment on which way the market thinks the stock is moving. The firm has 5.99% of total shares float short, yielding a short ratio of 4.93.
Investing in the stock market will always come with ups and downs. There are so many different factors that can have an impact on the day to day movements of stock prices. Finding the correct investing strategy may take some time. Many investors may have the tendency to become impatient when the portfolio is not performing up to snuff. Sometimes an original plan may be solid, but it needs some time to start to work itself out. Staying on the right track can be much easier said than done. There are always forces leading the investor to question their holdings. Giving up on a strategy too early can result in a lot of second guessing. There may be a time when the plan needs to be modified to adapt with changing market environments, but pulling the cord based on some early trouble may not be the best solution.
When the stock portfolio is diversified, there is a good chance that some stocks will be winners and some will be losers. Regularly reviewing portfolio performance can help the investor stay the course. Keeping track of performance can help spot stocks that might no longer be beneficial to the goals of the investor. There may be times after a review where nothing needs to be adjusted, but staying ahead of the curve can put the individual in a good place when the investing waters become choppy.
They hope that the stock price will fall or that the company will fail and go bankrupt, leading the equity holders to ruin. The short sellers will then buy the stock back at a much lower price and replace the borrowed shares, pocketing the difference.
Shorting a stock can be very risky if the price doesn’t decline like planned and, in fact, increases. It’s important for any investor to understand the dangers and potentially catastrophic financial losses of short selling.
RECENT PERFORMANCE AND RECOMMENDATION
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Franklin Resources, Inc. (NYSE:BEN)’s stock was -22.58%. Over the last week of the month, it was 0.55%, -3.65% over the last quarter, and -8.40% for the past six months.
Over the past 50 days, Franklin Resources, Inc. stock’s -7.44% off of the high and 9.78% removed from the low. Their 52-Week High and Low are noted here. -27.01% away from the high and 9.78% from the low.
The consensus analysts recommendation at this point stands at 3.40 on Franklin Resources, Inc. (NYSE:BEN).
This is based on a 1-5 scale where 1 indicates a Strong Buy and 5 a Strong Sell. The same analysts are predicting that the company shares will trade to $30.12 within the next 12-18 months.
As we move closer to the end of the year, investors might be closely monitoring key economic reports. Staying on top of the most recent reports can help the individual see the overall landscape a bit clearer. It may be overwhelming to keep up with every single report that comes out, but knowing which information has a bigger impact on stock investments may help the investor. Investors may already be trying to gauge how they will set themselves up for success over the next couple of quarters. They may be still going over all the latest company earnings reports trying to identify some names that can give the portfolio a boost as we move into the New Year.
Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples.
They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.