Boston Properties Inc. [BXP] Revenue clocked in at $2.99 billion, down -22.27% YTD: What’s Next?

Boston Properties Inc. [NYSE: BXP] jumped around 5.12 points on Monday, while shares priced at $107.16 at the close of the session, up 5.02%. Boston Properties Inc. stock is now -22.27% down from its year-to-date (YTD) trading value. BXP Stock saw the intraday high of $107.90 and lowest of $104.71 per share. The company’s 52-week high price is 147.83, which means current price is +49.73% above from all time high which was touched on 02/19/20.

Compared to the average trading volume of 1.78M shares, BXP reached a trading volume of 1945417 in the most recent trading day, which is why market watchdogs consider the stock to be active.

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What do top market gurus say about Boston Properties Inc. [BXP]?

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BXP shares is $114.22 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BXP stock is a recommendation set at 2.20. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Jefferies have made an estimate for Boston Properties Inc. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on April 16, 2020. The new note on the price target was released on March 10, 2020, representing the official price target for Boston Properties Inc. stock. Previously, the target price had yet another raise to $152, while Mizuho analysts kept a Neutral rating on BXP stock.

The Average True Range (ATR) for Boston Properties Inc. is set at 4.80, with the Price to Sales ratio for BXP stock in the period of the last 12 months amounting to 5.30. The Price to Book ratio for the last quarter was 2.84, with the Price to Cash per share for the same quarter was set at 4.47. Price to Free Cash Flow for BXP in the course of the last twelve months was 49.19.

How has BXP stock performed recently?

Boston Properties Inc. [BXP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.40. With this latest performance, BXP shares gained by 24.82% in over the last four-week period, additionally sinking by -22.97% over the last 6 months – not to mention a drop of -21.30% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BXP stock in for the last two-week period is set at 69.36, with the RSI for the last a single of trading hit 79.81, and the three-weeks RSI is set at 62.27 for Boston Properties Inc. [BXP]. The present Moving Average for the last 50 days of trading for this stock 89.84, while it was recorded at 98.39 for the last single week of trading, and 121.60 for the last 200 days.

Boston Properties Inc. [BXP]: Deeper insight into the fundamentals

Earnings analysis for Boston Properties Inc. [BXP]

With the latest financial reports released by the company, Boston Properties Inc. posted 1.06/share EPS, while the average EPS was predicted by analysts to be reported at 0.77/share.When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 37.70%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BXP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Boston Properties Inc. go to 7.00%.

Insider trade positions for Boston Properties Inc. [BXP]

There are presently around $15,448 million, or 99.20% of BXP stock, in the hands of institutional investors. The top three institutional holders of BXP stocks are: VANGUARD GROUP INC with ownership of 20,362,923, which is approximately 0.629% of the company’s market cap and around 0.20% of the total institutional ownership; BLACKROCK INC., holding 16,060,750 shares of the stock with an approximate value of $1.64 billion in BXP stocks shares; and NORGES BANK, currently with $1.33 billion in BXP stock with ownership of nearly 22.598% of the company’s market capitalization.

Positions in Boston Properties Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 258 institutional holders increased their position in Boston Properties Inc. [NYSE:BXP] by around 13,182,249 shares. Additionally, 245 investors decreased positions by around 10,151,114 shares, while 66 investors held positions by with 128,056,192 shares. The mentioned changes placed institutional holdings at 151,389,555 shares, according to the latest SEC report filing. BXP stock had 57 new institutional investments in for a total of 679,736 shares, while 65 institutional investors sold positions of 664,278 shares during the same period.

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