Box Inc (NYSE: BOX) is 36.90% higher on its value in year-to-date trading and has touched a low of $23.29 and a high of $35.74 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BOX stock was last observed hovering at around $35.51 in the last trading session, with the day’s loss setting it -0.45%.
Currently trading at $35.06, the stock is 3.80% and 6.56% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.32 million and changing -1.27% at the moment leaves the stock 21.17% off its SMA200. BOX registered 36.26% gain for a year compared to 6-month gain of 30.58%. The firm has a 50-day simple moving average (SMA 50) of $32.9004 and a 200-day simple moving average (SMA200) of $28.93515.
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The stock witnessed a 9.32% loss in the last 1 month and extending the period to 3 months gives it a 6.44%, and is 5.70% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.28% over the week and 2.15% over the month.
Box Inc (BOX) has around 2530 employees, a market worth around $4.96B and $1.06B in sales. Current P/E ratio is 44.48 and Fwd P/E is 18.95. Profit margin for the company is 10.91%. Distance from 52-week low is 50.54% and -1.90% from its 52-week high. The company has generated returns on investments over the last 12 months (22.76%).
The EPS is expected to grow by 14.24% this year
531.0 institutions hold shares in Box Inc (BOX), with institutional investors hold 103.98% of the company’s shares. The shares outstanding are 144.35M, and float is at 137.41M with Short Float at 12.75%. Institutions hold 100.45% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 25.5 million shares valued at $674.22 million. The investor’s holdings represent 17.5499 of the BOX Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 17.47 million shares valued at $462.03 million to account for 12.0266 of the shares outstanding. The other top investors are EARNEST PARTNERS LLC which holds 7.96 million shares representing 5.479 and valued at over $210.49 million, while STATE STREET CORP holds 3.8224 of the shares totaling 5.55 million with a market value of $146.85 million.
Box Inc (BOX) Insider Activity
The most recent transaction is an insider sale by LAZAR JACK R, the company’s Director. SEC filings show that LAZAR JACK R sold 2,500 shares of the company’s common stock on Nov 12 ’24 at a price of $34.75 per share for a total of $86875.0. Following the sale, the insider now owns 26697.0 shares.
Box Inc disclosed in a document filed with the SEC on Nov 12 ’24 that EVAN DANA L (Director) sold a total of 3,548 shares of the company’s common stock. The trade occurred on Nov 12 ’24 and was made at $35.00 per share for $0.12 million. Following the transaction, the insider now directly holds 0.11 million shares of the BOX stock.
Still, SEC filings show that on Nov 13 ’24, EVAN DANA L (Director) disposed off 2,978 shares at an average price of $35.00 for $0.1 million. The insider now directly holds 106,073 shares of Box Inc (BOX).
