Box Inc. (NYSE:BOX) finished Thursday with an addition of $0.22 to close at $25.57, an upside of 0.87 percent. An average of 3,007,660 shares of common stock have been traded in the last five days. There was a gain of $1.90 in the past week. The last 20 days have seen an average of 3,199,135 shares traded, while the 50-day average volume stands at 2,407,520.
BOX stock has increased by 0.87% in the last month. The company shares reached their 1-month lowest point of $22.18 on 09/20/21. With the stock rallying to its 52-week high on 07/02/21, shares of the company touched a low of $15.07 and a high of $27.41 in 52 weeks. In spite of this, the price is down -6.70% from the 52-week high.
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28 days have passed since Box Inc. (BOX) last reported insider trading activity. Smith Dylan C, who is Chief Financial Officer, most recently acquired $15,000 shares at $23.59 per share on Sep 10. In this transaction, the insider spent $353,850. Director, Hammonds Kimberly, disposed of 15,699 shares at a price of $26.03 on Sep 01. The insider now owns more than $408,645 worth of shares. Prior to that, Director Hammonds Kimberly went on to Sale 14,889 shares at $25.77 each on Aug 31. An amount of $383,633 was transacted.
Box Inc. (BOX) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 37.11 for the sector. This means investors are optimistic about the stock’s future prospects. The stock’s beta is 1.30. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.55, and the price-to-cash flow ratio at 15.73.
The quick ratio of Box Inc. for the three months ended July 30 was 1.80, and the current ratio was 1.80, indicating that the company is able to meet its debt obligations. On the profitability front, the trailing 12-month gross margin is 70.80% against a 5-year average of 71.3%. Box Inc.’s EBITDA margin for the year ending July 30 is 9.86%, while its operating margin for the same period stands at -2.70%. Its gross profit as reported stood at $546.03 million compared to revenue of $770.77 million.
For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Box Inc.’s return on assets was -2.90%, compared to -20.9% over the last five years. In the past year, the return on investment has been -6.90%, and the 5-year average is -75.2%. Meanwhile, the return on equity (ROE) for the past 12 months has been -70.90% and the 5-year average holds at -331.2%. For the broader industry, ROE averaged 3.34 over the past year.
For the three-month period that ended July 30, Box Inc. had $50.0 million in cash. The analyst consensus anticipated Box Inc.’s latest quarter earnings to come in at $0.19 per share, but it turned out to be $0.21, a 10.50% surprise. For the recent quarter, EBITDA amounted to $24.66 million. Shareholders own equity worth $151.55 million.
From a technical analysis perspective, let’s take a brief look at Box Inc. (BOX) price momentum. RSI 9-day as of the close on 07 October was 63.51%, suggesting the stock is Neutral, with historical volatility in this time frame at 39.90%.
As of today, BOX’s price is $25.04 +8.03% or $1.90 from its 5-day moving average. BOX is currently trading +8.35% higher than its 20-day SMA and +8.53% higher than its 100-day SMA. However, the stock’s current price level is +8.95% above the SMA50 and +32.49% above the SMA200.
The stochastic %K and %D were 87.34% and 80.14%, respectively, and the average true range (ATR) was 0.90. With the 14-day stochastic at 93.65% and the average true range at 0.88, the RSI (14) stands at 58.53%. The stock has reached 0.64 on the 9-day MACD Oscillator while the 14-day reading was at 0.88.
Morgan Stanley downgraded Box Inc. (NYSE: BOX) to a an Equal-weight rating in its most recent analyst report. Previously, the stock was rated as a an Overweight.The consensus rating for Box Inc. (BOX) among analysts is Overweight. According to current brokerage recommendations, 2 brokerage firms advise that investors sell BOX, while 2 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 1 analysts, while 6 others rate it as a “buy”.
What is BOX’s price target for the next 12 months?
Analysts predict a range of price targets between $19.00 and $32.00, with a median target of $29.00. Taking a look at these predictions, the average price target given by analysts for Box Inc. (BOX) stock is $27.67.