Box Inc [BOX] stock is trading at $27.35, down -0.58%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The BOX shares have gain 4.91% over the last week, with a monthly amount glided 4.35%, and 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 May 22, 2024, when Morgan Stanley downgraded its rating to a Equal-Weight and also revised its price target to $32 from $35. Previously, UBS started tracking the stock with Buy rating on December 15, 2023, and set its price target to $36. On August 30, 2023, downgrade downgraded it’s rating to Hold. RBC Capital Mkts downgraded its rating to a Underperform and decreased its price target to $24 on January 10, 2023. JP Morgan upgraded its rating to a Overweight and raised its price target to $34 on December 12, 2022. Credit Suisse started tracking with a Outperform rating for this stock on November 22, 2022, and assigned it a price target of $36. In a note dated October 03, 2022, Morgan Stanley upgraded an Overweight rating on this stock and boosted its target price from $32 to $34.
Box Inc [BOX] stock has fluctuated between $23.29 and $30.98 over the past year. Currently, Wall Street analysts expect the stock to reach $32.33 within the next 12 months. Box Inc [NYSE: BOX] shares were valued at $27.35 at the most recent close of the market. An investor can expect a potential return of 18.21% based on the average BOX price forecast.
Analyzing the BOX fundamentals
Box Inc [NYSE:BOX] reported sales of 1.05B for the trailing twelve months, which represents a growth of 5.07%. Gross Profit Margin for this corporation currently stands at 0.76% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.13%. To continue investigating profitability, this company’s Return on Assets is posted at 0.12, Equity is 9.05 and Total Capital is 0.1. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 4.19.
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 27.15 points at the first support level, and at 26.94 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.59, and for the 2nd resistance point, it is at 27.83.
Ratios To Look Out For
For context, Box Inc’s Current Ratio is 1.26. As well, the Quick Ratio is 1.26, while the Cash Ratio is 0.76. Considering the valuation of this stock, the price to sales ratio is 3.79 and price to earnings (TTM) ratio is 37.53.
Transactions by insiders
Recent insider trading involved Smith Dylan C, Officer, that happened on Aug 09 ’24 when 13000.0 shares were purchased. Chief Financial Officer, Smith Dylan C completed a deal on Jul 10 ’24 to sell 13000.0 shares. Meanwhile, VP Chief Acct Ofr & Controller Berkovitch Eli sold 2500.0 shares on Jul 09 ’24.
