Box Inc (BOX) stock: 12-month forecast projects 16.78% potential return%

A share price of Box Inc [BOX] is currently trading at $27.12, up 1.69%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The BOX shares have gain 3.24% over the last week, with a monthly amount drifted -4.30%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Box Inc [NYSE: BOX] stock has seen the most recent analyst activity on December 15, 2023, when UBS initiated its Buy rating and assigned the stock a price target of $36. Previously, Craig Hallum downgraded its rating to Hold on August 30, 2023. On January 10, 2023, downgrade downgraded it’s rating to Underperform and revised its price target to $24 on the stock. JP Morgan upgraded its rating to a Overweight and increased its price target to $34 on December 12, 2022. Credit Suisse initiated its recommendation with a Outperform and recommended $36 as its price target on November 22, 2022. Morgan Stanley upgraded its rating to Overweight for this stock on October 03, 2022, and upped its price target to $34. In a note dated September 13, 2022, KeyBanc Capital Markets initiated an Overweight rating and provided a target price of $34 on this stock.

Box Inc experienced fluctuations in its stock price throughout the past year between $23.29 and $31.94. Currently, Wall Street analysts expect the stock to reach $31.67 within the next 12 months. Box Inc [NYSE: BOX] shares were valued at $27.12 at the most recent close of the market. An investor can expect a potential return of 16.78% based on the average BOX price forecast.

Analyzing the BOX fundamentals

Trailing Twelve Months sales for Box Inc [NYSE:BOX] were 1.04B which represents 2.50% growth. Gross Profit Margin for this corporation currently stands at 0.75% with Operating Profit Margin at 0.05%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.12%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is -9.32 and Total Capital is 0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of6.52.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 26.82 points at the first support level, and at 26.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.38, and for the 2nd resistance point, it is at 27.64.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Box Inc [NYSE:BOX] is 1.17. In addition, the Quick Ratio stands at 1.17 and the Cash Ratio stands at 0.57. Considering the valuation of this stock, the price to sales ratio is 3.77 and price to earnings (TTM) ratio is 40.14.

Transactions by insiders

Recent insider trading involved Smith Dylan C, Chief Financial Officer, that happened on Apr 10 ’24 when 13000.0 shares were sold. Director, EVAN DANA L completed a deal on Mar 28 ’24 to sell 11000.0 shares. Meanwhile, Director LEVIN DANIEL J sold 70000.0 shares on Mar 27 ’24.

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