Box Inc [NYSE: BOX] slipped around -1.08 points on Wednesday, while shares priced at $32.39 at the close of the session, down -3.23%.
Compared to the average trading volume of 1.58M shares, BOX reached a trading volume of 5075263 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 $36.62 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 2.15. 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.
DA Davidson have made an estimate for Box Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on December 18, 2024. While these analysts kept the previous recommendation, BofA Securities raised their target price to Buy. The new note on the price target was released on December 12, 2024, representing the official price target for Box Inc stock. Previously, the target price had yet another drop from $35 to $32, while Morgan Stanley kept a Equal-Weight rating on BOX stock.
The Average True Range (ATR) for Box Inc is set at 0.85, with the Price to Sales ratio for BOX stock in the period of the last 12 months amounting to 4.34. Price to Free Cash Flow for BOX in the course of the last twelve months was 14.62 with Quick ratio for the last quarter at 1.57.
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 -0.49. With this latest performance, BOX shares dropped by -3.40% in over the last four-week period, additionally sinking by -0.64% over the last 6 months – not to mention a rise of 22.04% 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 40.38, with the RSI for the last a single of trading hit 35.83, and the three-weeks RSI is set at 43.76 for Box Inc [BOX]. The present Moving Average for the last 50 days of trading for this stock 32.79, while it was recorded at 32.74 for the last single week of trading, and 30.71 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 1.57 and a Current Ratio set at 1.57.
Earnings analysis for Box Inc [BOX]
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 2.33%.
Insider trade positions for Box Inc [BOX]
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 5.5257%.
