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Blackstone Inc (NYSE: BX) closed the day trading at $145.63 down -4.22% from the previous closing price of $152.04. In other words, the price has decreased by -$4.22 from its previous closing price. On the day, 5.48 million shares were traded.
Ratios:
For a better understanding of BX, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 81.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 112.26. In the meantime, Its Debt-to-Equity ratio is 1.50 whereas as Long-Term Debt/Eq ratio is at 1.44.
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 the company, Wells Fargo on December 12, 2024, Downgraded its rating to Equal Weight and sets its target price to $195 from $188 previously.
On December 09, 2024, TD Cowen Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $149 to $230.
Piper Sandler Downgraded its Overweight to Neutral on October 09, 2024, while the target price for the stock was maintained at $149.
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 Feb 18 ’25 when Porat Ruth bought 301 shares for $164.85 per share. The transaction valued at 49,686 led to the insider holds 36,829 shares of the business.
Porat Ruth bought 74 shares of BX for $12,240 on Feb 18 ’25. The Director now owns 8,575 shares after completing the transaction at $164.82 per share. On Dec 12 ’24, another insider, Blackstone Holdings IV L.P., who serves as the 10% Owner of the company, sold 335,487 shares for $81.17 each. As a result, the insider received 27,233,157 and left with 204,333 shares of the company.
Valuation Measures:
As of this moment, Blackstone’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.18, and their Forward P/E ratio for the next fiscal year is 20.96. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.24 while its Price-to-Book (P/B) ratio in mrq is 21.66.
Stock Price History:
Over the past 52 weeks, BX has reached a high of $200.28, while it has fallen to a 52-week low of $114.76. The 50-Day Moving Average of the stock is -14.13%, while the 200-Day Moving Average is calculated to be -5.16%.
Shares Statistics:
A total of 731.93M shares are outstanding, with a floating share count of 722.29M. Insiders hold about 40.73% of the company’s shares, while institutions hold 42.50% stake in the company.
