Box Inc [NYSE: BOX] traded at a high on Thursday, posting a 1.03 gain after which it closed the day’ session at $33.51.
The results of the trading session contributed to over 4735230 shares changing hands. Over the past one week, the price volatility of Box Inc stands at 1.99% while the volatility over the past one month is 1.92%.
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The market cap for BOX stock reached $4.80 billion, with 144.35 million shares outstanding and 137.41 million shares in the current float. Compared to the average trading volume of 2.23M shares, BOX reached a trading volume of 4735230 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Box Inc [BOX]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BOX shares is $33.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BOX stock is a recommendation set at 2.36. 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.
Morgan Stanley have made an estimate for Box Inc shares, keeping their opinion on the stock as Equal-Weight, with their previous recommendation back on May 22, 2024. While these analysts kept the previous recommendation, UBS raised their target price to Buy. The new note on the price target was released on December 15, 2023, representing the official price target for Box Inc stock. On January 10, 2023, analysts decreased their price target for BOX shares from 28 to 24.
The Average True Range (ATR) for Box Inc is set at 0.67, with the Price to Sales ratio for BOX stock in the period of the last 12 months amounting to 4.53. Price to Free Cash Flow for BOX in the course of the last twelve months was 14.73 with Quick ratio for the last quarter at 1.18.
How has BOX stock performed recently?
Box Inc [BOX] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -2.25. With this latest performance, BOX shares gained by 4.82% in over the last four-week period, additionally plugging by 29.48% over the last 6 months – not to mention a rise of 28.93% 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 BOX stock in for the last two-week period is set at 54.41, with the RSI for the last a single of trading hit 52.36, and the three-weeks RSI is set at 55.71 for Box Inc [BOX]. The present Moving Average for the last 50 days of trading for this stock 32.76, while it was recorded at 33.43 for the last single week of trading, and 28.77 for the last 200 days.
Box Inc [BOX]: Deeper insight into the fundamentals
Box Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.18 and a Current Ratio set at 1.18.
Earnings analysis for Box Inc [BOX]
With the latest financial reports released by the company, Box Inc posted 0.36/share EPS, while the average EPS was predicted by analysts to be reported at 0.38/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -0.02. 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 BOX. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Box Inc go to 20.00%.
Insider trade positions for Box Inc [BOX]
There are presently around $100.21%, or 103.74%% of BOX stock, in the hands of institutional investors. The top three institutional holders of BOX stocks are: BLACKROCK INC. with ownership of 25.5 million shares, which is approximately 17.5499%. VANGUARD GROUP INC, holding 17.47 million shares of the stock with an approximate value of $$462.03 million in BOX stocks shares; and VANGUARD GROUP INC, currently with $$210.49 million in BOX stock with ownership which is approximately 5.479%.
