In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $32.50 in the prior trading day, Box Inc (NYSE: BOX) closed at $32.56, up 0.18%. In other words, the price has increased by $0.18 from its previous closing price. On the day, 2.23 million shares were traded. BOX stock price reached its highest trading level at $33.08 during the session, while it also had its lowest trading level at $32.51.
Ratios:
Our goal is to gain a better understanding of BOX 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 6.80 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 14.90. For the most recent quarter (mrq), Quick Ratio is recorded 1.57 and its Current Ratio is at 1.57. In the meantime, Its Debt-to-Equity ratio is 54.62 whereas as Long-Term Debt/Eq ratio is at 52.77.
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, Morgan Stanley on May 22, 2024, Downgraded its rating to Equal-Weight and sets its target price to $32 from $35 previously.
On December 15, 2023, UBS started tracking the stock assigning a Buy rating and target price of $36.
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 Nov 12 ’24 when LAZAR JACK R sold 2,500 shares for $34.75 per share. The transaction valued at 86,875 led to the insider holds 26,697 shares of the business.
EVAN DANA L sold 3,548 shares of BOX for $124,180 on Nov 12 ’24. The Director now owns 109,051 shares after completing the transaction at $35.00 per share. On Nov 13 ’24, another insider, EVAN DANA L, who serves as the Director of the company, sold 2,978 shares for $35.00 each. As a result, the insider received 104,230 and left with 106,073 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 4679002624 and an Enterprise Value of 5420492288. As of this moment, Box’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.64, and their Forward P/E ratio for the next fiscal year is 17.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.03. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.42. Its current Enterprise Value per Revenue stands at 5.118 whereas that against EBITDA is 59.584.
Stock Price History:
Over the past 52 weeks, BOX has reached a high of $35.74, while it has fallen to a 52-week low of $23.78. The 50-Day Moving Average of the stock is -1.32%, while the 200-Day Moving Average is calculated to be 11.50%.
Shares Statistics:
The stock has traded on average 2.09M shares per day over the past 3-months and 2444450 shares per day over the last 10 days, according to various share statistics. A total of 143.95M shares are outstanding, with a floating share count of 137.86M. Insiders hold about 4.07% of the company’s shares, while institutions hold 99.66% stake in the company. Shares short for BOX as of 1731628800 were 17514751 with a Short Ratio of 8.40, compared to 1728950400 on 15098381. Therefore, it implies a Short% of Shares Outstanding of 17514751 and a Short% of Float of 17.870001.
