In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
After finishing at $1015.66 in the prior trading day, Blackrock Inc (NYSE: BLK) closed at $1014.50, down -0.11%. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 0.71 million shares were traded. BLK stock price reached its highest trading level at $1027.55 during the session, while it also had its lowest trading level at $1006.22.
Ratios:
Our goal is to gain a better understanding of BLK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 11.19 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 35.51. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.34.
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, Wells Fargo on September 12, 2024, initiated with a Overweight rating and assigned the stock a target price of $1000.
On August 27, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $985.
TD Cowen Upgraded its Market Perform to Outperform on January 16, 2024, whereas the target price for the stock was revised from $819 to $938.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 30 ’25 when Kushel J. Richard sold 10,000 shares for $1072.64 per share. The transaction valued at 10,726,365 led to the insider holds 68,433 shares of the business.
Kushel J. Richard bought 10,000 shares of BLK for $10,726,365 on Jan 30 ’25. On Jan 21 ’25, another insider, Kushel J. Richard, who serves as the Senior Managing Director of the company, sold 10,000 shares for $1010.00 each. As a result, the insider received 10,100,000 and left with 68,433 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, BLK now has a Market Capitalization of 157124755456 and an Enterprise Value of 151523737600. As of this moment, Blackrock’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.16, and their Forward P/E ratio for the next fiscal year is 18.90. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.98. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.49 while its Price-to-Book (P/B) ratio in mrq is 3.65. Its current Enterprise Value per Revenue stands at 7.826 whereas that against EBITDA is 19.745.
Stock Price History:
The Beta on a monthly basis for BLK is 1.29, which has changed by 0.28045893 over the last 52 weeks, in comparison to a change of 0.208081 over the same period for the S&P500. Over the past 52 weeks, BLK has reached a high of $1084.22, while it has fallen to a 52-week low of $745.55. The 50-Day Moving Average of the stock is -1.20%, while the 200-Day Moving Average is calculated to be 11.62%.
Shares Statistics:
The stock has traded on average 762.80K shares per day over the past 3-months and 842450 shares per day over the last 10 days, according to various share statistics. A total of 154.90M shares are outstanding, with a floating share count of 143.64M. Insiders hold about 7.25% of the company’s shares, while institutions hold 75.84% stake in the company. Shares short for BLK as of 1735603200 were 1364118 with a Short Ratio of 1.73, compared to 1732838400 on 1926939. Therefore, it implies a Short% of Shares Outstanding of 1364118 and a Short% of Float of 0.89.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 2.43.
