BXP Inc (NYSE: BXP) is -1.57% lower on its value in year-to-date trading and has touched a low of $56.46 and a high of $90.11 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 BXP stock was last observed hovering at around $72.44 in the last trading session, with the day’s gains setting it 0.75%.
Currently trading at $73.19, the stock is 0.29% and -5.69% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.09 million and changing 1.04% at the moment leaves the stock 2.47% off its SMA200. BXP registered 9.37% gain for a year compared to 6-month gain of 8.87%. The firm has a 50-day simple moving average (SMA 50) of $77.6032 and a 200-day simple moving average (SMA200) of $71.42285.
The stock witnessed a -9.16% loss in the last 1 month and extending the period to 3 months gives it a -16.26%, and is 7.40% 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 1.88% over the week and 2.76% over the month.
BXP Inc (BXP) has around 836 employees, a market worth around $12.74B and $3.38B in sales. Current P/E ratio is 31.74 and Fwd P/E is 37.96. Profit margin for the company is 10.75%. Distance from 52-week low is 29.63% and -18.78% from its 52-week high. The company has generated returns on investments over the last 12 months (1.63%).
with sales reaching $854.04M over the same period.The EPS is expected to grow by 67.11% this year, but quarterly earnings will post 3.65% year-over-year. Quarterly sales are estimated to grow 3.03% in year-over-year returns.
BXP Inc (BXP) Top Institutional Holders
892.0 institutions hold shares in BXP Inc (BXP), with institutional investors hold 104.07% of the company’s shares. The shares outstanding are 157.98M, and float is at 157.72M with Short Float at 4.63%. Institutions hold 103.85% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 23.57 million shares valued at $1.45 billion. The investor’s holdings represent 15.0127% of the BXP Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 18.63 million shares valued at $1.15 billion to account for 11.8666 of the shares outstanding. The other top investors are NORGES BANK which holds 12.7 million shares representing 8.0872% and valued at over $781.54 million, while STATE STREET CORP holds 6.9557 of the shares totaling 10.92 million with a market value of $682.9 million.
BXP Inc (BXP) Insider Activity
The most recent transaction is an insider sale by RITCHEY RAYMOND A, the company’s Senior EVP. SEC filings show that RITCHEY RAYMOND A sold 21,835 shares of the company’s common stock on Sep 09 ’24 at a price of $74.25 per share for a total of $1.62 million. Following the sale, the insider now owns 0.0 shares.
Still, SEC filings show that on Aug 23 ’24, Otteni Peter V (Executive Vice President) disposed off 4,785 shares at an average price of $73.44 for $0.35 million. The insider now directly holds 0 shares of BXP Inc (BXP).
