Shares of Box, Inc. (NYSE:BOX – Get Free Report) have been assigned a consensus rating of “Hold” from the nine research firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell recommendation, five have given a hold recommendation and three have given a buy recommendation to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is $37.80.
A number of research analysts recently commented on the company. UBS Group boosted their price target on BOX from $29.00 to $37.00 and gave the stock a “neutral” rating in a report on Wednesday, August 26th. Morgan Stanley boosted their price target on shares of BOX from $33.00 to $36.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 26th. Bank of America restated a “buy” rating on shares of BOX in a research report on Wednesday, August 26th. Royal Bank Of Canada reiterated an “underperform” rating and issued a $26.00 target price on shares of BOX in a research report on Wednesday, August 26th. Finally, Citigroup raised their price target on BOX from $37.00 to $40.00 and gave the company a “buy” rating in a report on Wednesday, August 26th.
View Our Latest Analysis on BOX
Insider Activity
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Principal Financial Group Inc. boosted its stake in BOX by 10.2% in the 1st quarter. Principal Financial Group Inc. now owns 1,010,921 shares of the software maker’s stock worth $23,898,000 after purchasing an additional 93,516 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in shares of BOX in the second quarter worth $484,000. Fort Washington Investment Advisors Inc. OH lifted its stake in shares of BOX by 4.4% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 1,029,407 shares of the software maker’s stock worth $24,335,000 after buying an additional 43,520 shares during the period. Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in shares of BOX during the fourth quarter worth $2,247,000. Finally, Janus Henderson Group PLC grew its holdings in shares of BOX by 74.9% during the first quarter. Janus Henderson Group PLC now owns 1,147,381 shares of the software maker’s stock valued at $27,141,000 after buying an additional 491,505 shares during the last quarter. Hedge funds and other institutional investors own 86.74% of the company’s stock.
BOX Price Performance
Shares of BOX opened at $33.72 on Friday. BOX has a one year low of $21.34 and a one year high of $36.34. The firm has a market capitalization of $4.63 billion, a P/E ratio of 48.86, a PEG ratio of 11.36 and a beta of 0.73. The business has a fifty day moving average of $32.13 and a 200 day moving average of $27.37.
BOX (NYSE:BOX – Get Free Report) last released its quarterly earnings results on Tuesday, August 25th. The software maker reported $0.40 EPS for the quarter, meeting the consensus estimate of $0.40. BOX had a net margin of 10.59% and a negative return on equity of 20.97%. The firm had revenue of $321.15 million during the quarter, compared to analyst estimates of $319.33 million. During the same quarter in the prior year, the firm earned $0.33 EPS. The business’s revenue for the quarter was up 9.2% compared to the same quarter last year. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. Analysts expect that BOX will post 0.32 EPS for the current fiscal year.
BOX Company Profile
Box, Inc is a cloud content management company that helps organizations securely store, manage, share and collaborate on files and business information. Its platform is designed to support content throughout its lifecycle, from creation and collaboration to retention, governance and secure disposal.
The company’s primary offering, the Box Content Cloud, includes tools for file storage and sharing, document collaboration, workflow automation, electronic signatures, content security and compliance management.
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