A Peek At What Box Inc. (BOX) Insiders Are Doing

Box Inc. (NYSE:BOX) saw an upside of 0.86% to close Monday at $25.70 after adding $0.22 on the day. The 5-day average trading volume is 2,167,100 shares of the company’s common stock. It has gained $26.08 in the past week. An average of 2,912,045 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,389,078.

BOX’s 1-month performance is 12.52% or $2.86 on its low of $22.18 reached on 09/20/21. The company’s shares have touched a 52-week low of $15.07 and high of $27.41, with the stock’s rally to the 52-week high happening on 07/02/21. YTD, BOX has achieved 42.38% or $7.65. However, the current price is down -6.23%% from the 52-week high price.


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Insider Transactions

On Sep 10, 32 days have gone by since the last insider trading activity for Box Inc. (BOX). Smith Dylan C (Chief Financial Officer) most recently sold 15,000 shares at $23.59 per share on Sep 10. This transaction cost the insider $353,850. Director, Hammonds Kimberly, sold 15,699 shares at a price of $26.03 on Sep 01. Then, on Aug 31, Director Hammonds Kimberly sold 14,889 shares at a price of $25.77 per share. This transaction amounted to $383,633.

Valuation Metrics

Box Inc. (BOX) has a trailing price-to-earnings (P/E) ratio of 29.20 for the broader industry and 36.91 for the sector.BOX stock has a beta of 1.28. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 4.81 while the price to cash flow ratio at 16.63.

Box Inc.’s quick ratio for the period ended July 30 was 1.80, with the current ratio over the same period at 1.80 meaning that BOX stock is able to fulfill its debt obligations. In terms of profitability, the gross margin trailing 12 months is 70.80%. The trailing 12-month EBITDA margin is 9.86% while for the period ending July 30; Box Inc.’s operating margin was -2.70%. The firm’s gross profit as reported stood at $546.03 million against revenue of $770.77 million.

Earnings Surprise

For the quarterly period ending July 30 this year, Box Inc.’s cash and short-term investments amounted to $50.0 million against total debt of $670.7 million. Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected BOX to announce $0.19 per share in earnings in its latest quarter, but it posted $0.21, representing a 10.50% surprise. EBITDA for the quarter stood at more than $24.66 million. BOX stock balance sheet for the quarter ending July 30 shows that total liabilities totaled 1.68 billion, with total debt at $670.7 million. Shareholders hold equity totaling $151.55 million

Technical Picture

Let’s look briefly at Box Inc. (BOX) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 11 October was 64.31% to suggest the stock is trending Neutral, with historical volatility in this time period at 28.64%.

The stock’s 5-day moving average is $25.40, reflecting a +4.51% or $1.11 change from its current price. BOX is currently trading +9.83% above its 20-day SMA, +10.87% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +7.44% and +33.02% respectively.

Stochastic %K and %D was 90.38% and 89.73% and the average true range (ATR) pointed at 0.85. The RSI (14) points at 59.22%, while the 14-day stochastic is at 87.46% with the period’s ATR at 0.85. The stock’s 9-day MACD Oscillator is pointing at 0.74 and 0.81 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for Box Inc. (NYSE: BOX), Morgan Stanley downgraded it to an Equal-weight rating. They previously had an Overweight rating on the stock. Analysts offering their rating for BOX stock have a consensus rating for the stock as Overweight. Currently, 2 brokerage advisors rate BOX as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 6 have offered a “buy” rating.

What is BOX’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $19.00 and a high of $32.00, with their median price target at $29.00. Looking at these predictions, the average price target given by analysts is for Box Inc. (BOX) stock is $27.67.

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