Box Inc (NYSE: BOX) is -1.01% lower on its value in year-to-date trading and has touched a low of $24.56 and a high of $35.74 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The BOX stock was last observed hovering at around $30.82 in the last trading session, with the day’s gains setting it 0.46%.
Currently trading at $31.28, the stock is -1.66% and -4.76% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.85 million and changing 1.49% at the moment leaves the stock 5.66% off its SMA200. BOX registered 25.07% gain for a year compared to 6-month gain of 19.34%. The firm has a 50-day simple moving average (SMA 50) of $32.8582 and a 200-day simple moving average (SMA200) of $29.5901.
The stock witnessed a -3.72% loss in the last 1 month and extending the period to 3 months gives it a -4.37%, and is -0.67% down 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 1.92% over the week and 1.83% over the month.
Box Inc (BOX) has around 2530 employees, a market worth around $4.50B and $1.07B in sales. Current P/E ratio is 39.04 and Fwd P/E is 17.09. Profit margin for the company is 10.95%. Distance from 52-week low is 27.39% and -12.48% from its 52-week high. The company has generated returns on investments over the last 12 months (15.86%).
with sales reaching $279.19M over the same period.The EPS is expected to grow by 15.95% this year, but quarterly earnings will post 5.02% year-over-year. Quarterly sales are estimated to grow 6.21% in year-over-year returns.
Box Inc (BOX) Top Institutional Holders
533.0 institutions hold shares in Box Inc (BOX), with institutional investors hold 104.03% of the company’s shares. The shares outstanding are 143.95M, and float is at 137.91M with Short Float at 10.90%. Institutions hold 100.49% 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 Smith Dylan C, the company’s Chief Financial Officer. SEC filings show that Smith Dylan C sold 13,000 shares of the company’s common stock on Jan 10 ’25 at a price of $31.05 per share for a total of $0.4 million. Following the sale, the insider now owns 1.47 million shares.
Box Inc disclosed in a document filed with the SEC on Jan 10 ’25 that Berkovitch Eli (VP Chief Acct Ofr & Controller) sold a total of 4,791 shares of the company’s common stock. The trade occurred on Jan 10 ’25 and was made at $31.06 per share for $0.15 million. Following the transaction, the insider now directly holds 0.13 million shares of the BOX stock.
Still, SEC filings show that on Jan 10 ’25, Berkovitch Eli (Officer) Proposed Sale 4,791 shares at an average price of $31.06 for $0.15 million. The insider now directly holds shares of Box Inc (BOX).
