As of close of business last night, Box Inc’s stock clocked out at $30.00, up 1.42% from its previous closing price of $29.58. In other words, the price has increased by $+0.42 from its previous closing price. On the day, 3218347 shares were traded. BOX stock price reached its highest trading level at $30.30 during the session, while it also had its lowest trading level at $29.75.
Ratios:
To gain a deeper understanding of BOX’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 8.95 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 13.59. For the most recent quarter (mrq), Quick Ratio is recorded 1.17 and its Current Ratio is at 1.17. In the meantime, Its Debt-to-Equity ratio is 8.06 whereas as Long-Term Debt/Eq ratio is at 7.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on December 15, 2023, initiated with a Buy rating and assigned the stock a target price of $36.
RBC Capital Mkts Downgraded its Sector Perform to Underperform on January 10, 2023, whereas the target price for the stock was revised from $28 to $24.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 09 ’24 when Smith Dylan C sold 13,000 shares for $27.47 per share. The transaction valued at 357,097 led to the insider holds 1,408,702 shares of the business.
Smith Dylan C sold 13,000 shares of BOX for $323,882 on Jan 10 ’24. The Chief Financial Officer now owns 1,421,702 shares after completing the transaction at $24.91 per share. On Jan 09 ’24, another insider, Berkovitch Eli, who serves as the VP Chief Acct Ofr & Controller of the company, sold 7,750 shares for $24.94 each. As a result, the insider received 193,285 and left with 136,733 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BOX now has a Market Capitalization of 4.33B and an Enterprise Value of 4.83B. As of this moment, Box’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.40, and their Forward P/E ratio for the next fiscal year is 16.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.22. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.15. Its current Enterprise Value per Revenue stands at 4.66 whereas that against EBITDA is 47.39.
Stock Price History:
Over the past 52 weeks, BOX has reached a high of $31.94, while it has fallen to a 52-week low of $23.29. The 50-Day Moving Average of the stock is 26.37, while the 200-Day Moving Average is calculated to be 27.04.
Shares Statistics:
It appears that BOX traded 1.85M shares on average per day over the past three months and 4.22M shares per day over the past ten days. A total of 144.35M shares are outstanding, with a floating share count of 137.67M. Insiders hold about 4.13% of the company’s shares, while institutions hold 88.40% stake in the company. Shares short for BOX as of Feb 29, 2024 were 8.03M with a Short Ratio of 4.34, compared to 8.18M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 5.59% and a Short% of Float of 7.36%.
Earnings Estimates
As of right now, 10 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.36 for the current quarter, with a high estimate of $0.4 and a low estimate of $0.35, while EPS last year was $0.32. The consensus estimate for the next quarter is $0.39, with high estimates of $0.43 and low estimates of $0.37.
Analysts are recommending an EPS of between $1.77 and $1.53 for the fiscal current year, implying an average EPS of $1.6. EPS for the following year is $1.86, with 11 analysts recommending between $2.39 and $1.67.
Revenue Estimates
A total of 11 analysts have provided revenue estimates for BOX’s current fiscal year. The highest revenue estimate was $1.09B, while the lowest revenue estimate was $1.08B, resulting in an average revenue estimate of $1.08B. In the same quarter a year ago, actual revenue was $1.04B, up 4.40% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $1.16B in the next fiscal year. The high estimate is $1.19B and the low estimate is $1.14B. The average revenue growth estimate for next year is up 7.00% from the average revenue estimate for this year.
