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.
As of close of business last night, Boston Properties, Inc.’s stock clocked out at $59.25, down -4.27% from its previous closing price of $61.89. In other words, the price has decreased by -$4.27 from its previous closing price. On the day, 2.34 million shares were traded. BXP stock price reached its highest trading level at $61.26 during the session, while it also had its lowest trading level at $56.8.
Ratios:
To gain a deeper understanding of BXP’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 5.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.36. In the meantime, Its Debt-to-Equity ratio is 2.82 whereas as Long-Term Debt/Eq ratio is at 2.49.
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, Deutsche Bank on January 30, 2024, initiated with a Hold rating and assigned the stock a target price of $74.
On January 02, 2024, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $57 to $80.
On October 03, 2023, Wedbush started tracking the stock assigning a Neutral rating and target price of $62.Wedbush initiated its Neutral rating on October 03, 2023, with a $62 target price.
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 Mar 06 ’24 when RITCHEY RAYMOND A sold 14,150 shares for $62.84 per share. The transaction valued at 889,149 led to the insider holds 0 shares of the business.
Kevorkian Eric G sold 1,000 shares of BXP for $66,430 on Sep 11 ’23. The SVP, CLO and Secretary now owns 994 shares after completing the transaction at $66.43 per share. On Sep 05 ’23, another insider, RITCHEY RAYMOND A, who serves as the Senior EVP of the company, sold 65,000 shares for $67.11 each. As a result, the insider received 4,362,085 and left with 0 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, BXP now has a Market Capitalization of 9305152512 and an Enterprise Value of 26703355904. As of this moment, Boston’s Price-to-Earnings (P/E) ratio for their current fiscal year is 49.00, and their Forward P/E ratio for the next fiscal year is 32.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 1.41. Its current Enterprise Value per Revenue stands at 8.251 whereas that against EBITDA is 14.469.
Stock Price History:
Over the past 52 weeks, BXP has reached a high of $73.97, while it has fallen to a 52-week low of $46.80. The 50-Day Moving Average of the stock is -5.89%, while the 200-Day Moving Average is calculated to be -5.97%.
Shares Statistics:
It appears that BXP traded 1.39M shares on average per day over the past three months and 1272910 shares per day over the past ten days. A total of 157.01M shares are outstanding, with a floating share count of 156.64M. Insiders hold about 0.24% of the company’s shares, while institutions hold 100.52% stake in the company. Shares short for BXP as of 1713139200 were 8188532 with a Short Ratio of 5.89, compared to 1710460800 on 7472030. Therefore, it implies a Short% of Shares Outstanding of 8188532 and a Short% of Float of 7.140000000000001.
Dividends & Splits
With its trailing 12-month dividend rate of 3.92, BXP has a forward annual dividend rate of 3.92. Against a Trailing Annual Dividend Yield of 0.06333818The stock’s 5-year Average Dividend Yield is 4.52.
Earnings Estimates
A detailed examination of Boston Properties, Inc. (BXP) is currently in progress, with 8.0 analysts providing valuable insights into its market dynamics.On average, analysts expect EPS of $0.54 for the current quarter, with a high estimate of $0.64 and a low estimate of $0.47, while EPS last year was $0.66. The consensus estimate for the next quarter is $0.55, with high estimates of $0.64 and low estimates of $0.48.
Analysts are recommending an EPS of between $2.56 and $1.85 for the fiscal current year, implying an average EPS of $2.19. EPS for the following year is $2.06, with 9.0 analysts recommending between $2.46 and $1.41.
Revenue Estimates
In the current quarter, 8 analysts expect revenue to total $816.61M. It ranges from a high estimate of $835.31M to a low estimate of $783.08M. As of the current estimate, Boston Properties, Inc.’s year-ago sales were $817.15MFor the next quarter, 8 analysts are estimating revenue of $823.09M. There is a high estimate of $845.11M for the next quarter, whereas the lowest estimate is $783.93M.
A total of 12 analysts have provided revenue estimates for BXP’s current fiscal year. The highest revenue estimate was $3.37B, while the lowest revenue estimate was $3.07B, resulting in an average revenue estimate of $3.26B. In the same quarter a year ago, actual revenue was $3.26BBased on 12 analysts’ estimates, the company’s revenue will be $3.36B in the next fiscal year. The high estimate is $3.5B and the low estimate is $3.13B.
