A Closer Look At Box Inc. (BOX)’s Financials

As of Friday close, Box Inc.’s (NYSE:BOX) stock was up $0.94, moving up 3.39 percent to $28.67. The average number of shares traded per day over the past five days has been 2,392,640 shares. 2 times new highs have been achieved over the past 5 days, with a -$0.84 fall in that time frame. In the last twenty days, the average volume was 1,909,705, while in the previous 50 days, it was 2,039,122.


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Since last month, BOX stock retreated -9.53%. Shares of the company fell to $27.09 on 05/12/22, the lowest level in the past month. A 52-week high of $33.04 was reached on 04/20/22 after having rallying from a 52-week low of $22.15. Since the beginning of this year, BOX’s stock price has risen by 9.47% or $2.48, and marked a new high 17 times. However, the stock has declined by -13.23% since its 52-week high.

Box Inc. (BOX) last reported insider trading activity 4 days ago on May 10. Smith Dylan C, the Chief Financial Officer of the company, disposed of 15,000 shares for $29.05 on May 10. It resulted in a $435,675 divestment by the insider. Smith Dylan C sold 15,000 shares at an average price of $28.62 on Apr 11. The insider now owns 1,477,315 shares following the transaction. On Mar 28, VP Chief Acct Ofr & Controller Berkovitch Eli sold 8,000 shares at $28.36 apiece. The transaction was valued at $226,920.

Financial Health

In the three months ended October 30, Box Inc.’s quick ratio stood at 1.30, while its current ratio was 1.30, showing that the company is able to pay off its debt. On the profitability front, the trailing twelve-month gross margin is 71.50% percent. In the year ended October 30, operating margins totaled -3.20%. Based on annual data, BOX earned $624.85 million in gross profit and brought in $874.33 million in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was -91.90%. Return on equity (ROE) for the past 12 months was 30.90%.

In Box Inc.’s quarter-end financial report for October 30, it reported total debt of $367.46 million against cash and short-term investments of $170.0 million. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. BOX’s revenue fell -37.4% to $224.04 million during the quarter, while net income inched up to $139.95 million. While analysts expected Box Inc. to report $0.21 quarterly earnings, the actual figure was $0.22 per share, beating the consensus estimate by 4.80%. During the quarter, the company generated $31.54 million in EBITDA. The liabilities of Box Inc. were 1.79 billion at the end of its most recent quarter ended October 30, and its total debt was $650.72 million. The value of shareholders’ equity is $143.42 million.

Technical Picture

This quick technical analysis looks at Box Inc.’s (BOX) price momentum. With a historical volatility rate of 43.38%, the RSI 9-day stood at 41.36% on 13 May.

With respect to its five-day moving average, the current Box Inc. price is down by -2.85% percent or -$0.84. At present, BOX shares trade -6.98% below its 20-day simple moving average and +10.57% percent above its 100-day simple moving average. However, the stock is currently trading approximately +7.98% above its SMA50 and +17.84% above its SMA200.

Stochastic coefficient K was 20.19% and Stochastic coefficient D was 14.55%, while ATR was 1.25. Given the Stochastic reading of 32.24% for the 14-day period, the RSI (14) reading has been calculated as 44.60%. As of today, the MACD Oscillator reading stands at -1.18, while the 14-day reading stands at -1.55.

Analyst Ratings

JP Morgan upgraded its rating on Box Inc. (NYSE: BOX) to a Neutral in a note to investors on March 03, 2022. The analysts firm previously had an Underweight rating on the stock.Box Inc. (BOX) has been rated Overweight by analysts. According to 0 brokerage firms , BOX is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 1 analyst rate Box Inc. stock as buy, with 4 recommending it as overweight.

With a median target price of $32.00, the current consensus forecast for the stock is $25.00 – $44.00. Based on these forecasts, analysts predict Box Inc. (BOX) will achieve an average price target of $32.57.

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