Blackstone Inc (NYSE: BX) is -19.99% lower on its value in year-to-date trading and has touched a low of $115.66 and a high of $200.28 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 BX stock was last observed hovering at around $135.69 in the last trading session, with the day’s gains setting it 1.8%.
Currently trading at $137.49, the stock is -0.86% and 0.60% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.69 million and changing 1.33% at the moment leaves the stock -12.55% off its SMA200. BX registered 14.44% gain for a year compared to 6-month loss of -26.78%.
The stock witnessed a -5.47% gain in the last 1 month and extending the period to 3 months gives it a -8.17%, and is -2.76% 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 2.28% over the week and 1.71% over the month.
Blackstone Inc (BX) has around 4895 employees, a market worth around $166.81B and $12.63B in sales. Current P/E ratio is 41.59 and Fwd P/E is 21.50. Profit margin for the company is 20.14%. Distance from 52-week low is 18.87% and -31.35% from its 52-week high. The company has generated returns on investments over the last 12 months (12.17%).
The EPS is expected to grow by 3.90% this year
The shares outstanding are 737.93M, and float is at 721.86M with Short Float at 1.64%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 65.14 million shares valued at $8.06 billion. The investor’s holdings represent 8.4688 of the BX Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 47.26 million shares valued at $5.85 billion to account for 6.1445 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 37.15 million shares representing 4.8304 and valued at over $4.6 billion, while STATE STREET CORP holds 3.8575 of the shares totaling 29.67 million with a market value of $3.67 billion.
Blackstone Inc (BX) Insider Activity
The most recent transaction is an insider sale by Blackstone Holdings IV L.P., the company’s 10% Owner. SEC filings show that Blackstone Holdings IV L.P. sold 3,000,000 shares of the company’s common stock on Jun 09 ’25 at a price of $82.61 per share for a total of $247.83 million. Following the sale, the insider now owns 0.13 million shares.
Blackstone Inc disclosed in a document filed with the SEC on May 16 ’25 that Blackstone Holdings IV L.P. (10% Owner) sold a total of 1,557,994 shares of the company’s common stock. The trade occurred on May 16 ’25 and was made at $80.91 per share for $126.05 million. Following the transaction, the insider now directly holds 0.18 million shares of the BX stock.
Still, SEC filings show that on May 19 ’25, Blackstone Holdings IV L.P. (10% Owner) disposed off 234,563 shares at an average price of $80.91 for $18.98 million. The insider now directly holds 174,974 shares of Blackstone Inc (BX).