The Money Machine Rolls On

The Money Machine Rolls On
Photo by Ed Robertson / Unsplash

BlackRock Q1 FY12/24 Earnings Analysis.

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An Easy Name To Own

BlackRock is the biggest Big Money in town, the Grand Poobah of Matters Fiscal. So when times are good in risk assets - and times are good in risk assets - it’s usually a good time to own $BLK stock. The name has been a high performer within our Inner Circle Financial Sector Model portfolio since June 2023; this quarter’s numbers look strong too, with revenue growth accelerating for the last five quarters at the same time that EBITDA and cashflow margins have also ticked up a little. The balance sheet remains a tower of strength even after factoring in pension liabilities. On fundamentals this is an easy name to own. Below we lay out the headline numbers (before the paywall) and then take a look at the detailed financials, valuation analysis and our stock price projection, technical analysis and rating (after the paywall).

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BlackRock Headline Financials

Detailed Fundamental Analysis