As of Friday close, Boston Properties Inc.’s (NYSE:BXP) stock was down -$2.41, moving down -4.50 percent to $51.10. The average number of shares traded per day over the past five days has been 3,796,780 shares. 2 times new highs have been achieved over the past 5 days, with a -$6.34 fall in that time frame. In the last twenty days, the average volume was 1,860,065, while in the previous 50 days, it was 1,521,248.
Since last month, BXP stock retreated -30.18%. Shares of the company fell to $50.18 on 03/17/23, the lowest level in the past month. A 52-week high of $133.11 was reached on 02/02/23 after having rallying from a 52-week low of $51.60. Since the beginning of this year, BXP’s stock price has dropped by -24.39% or -$16.48, and marked a new high 10 times. However, the stock has declined by -61.61% since its 52-week high.
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Sponsored
BXP stock investors should be aware that Boston Properties Inc. (BXP) stock had its last reported insider trading activity 3 days ago on Mar 15. LUSTIG MATTHEW J, the Director of the company, purchased of 10,000 shares for $52.92 on Mar 15. It resulted in a $529,200 investment by the insider. RITCHEY RAYMOND A sold 22,472 shares at an average price of $89.96 on Aug 12. The insider now owns 0 shares following the transaction.
Valuation Metrics
Right now, Boston Properties Inc. (BXP) has a P/E ratio of about 9.47. The stock’s beta is 1.12. Besides these, the trailing price-to-sales (P/S) ratio of 2.78, the price-to-book (PB) ratio of 1.31, and the price-to-cash flow ratio of 20.56 may also be considered.
The latest dividend of $0.98 per share was paid out, remained unchanged from last year’s $0.98. On Tuesday December 17 2019, a $0.03 dividend increase was announced.
Financial Health
According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 2.36, and the total debt-to-equity ratio was 2.36. On the profitability front, the trailing twelve-month gross margin is 63.00% percent. In the year ended December 30, operating margins totaled 34.00%. Based on annual data, BXP earned $1.06 billion in gross profit and brought in $3.11 billion 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 5.10%. Return on equity (ROE) for the past 12 months was 14.10%.
In Boston Properties Inc.’s quarter-end financial report for December 30, it reported total debt of $3.27 billion against cash and short-term investments of $32.28 million. According to the earnings report, the company had a lower net income in the recent quarter than it did in the previous quarter. BXP’s revenue rose 7.44% to $790.52 million during the quarter, while net income inched up to $789.82 million. While analysts expected Boston Properties Inc. to report $0.65 quarterly earnings, the actual figure was $0.78 per share.
Technical Picture
This quick technical analysis looks at Boston Properties Inc.’s (BXP) price momentum. With a historical volatility rate of 41.10%, the RSI 9-day stood at 16.48% on 17 March.
With respect to its five-day moving average, the current Boston Properties Inc. price is down by -11.04% percent or -$6.34. At present, BXP shares trade -28.40% below its 20-day simple moving average and -29.52% percent below its 100-day simple moving average. However, the stock is currently trading approximately -23.40% below its SMA50 and -54.04% below its SMA200.
Stochastic coefficient K was 12.47% and Stochastic coefficient D was 11.06%, while ATR was 2.71. Given the Stochastic reading of 5.44% for the 14-day period, the RSI (14) reading has been calculated as 20.68%. As of today, the MACD Oscillator reading stands at -4.11, while the 14-day reading stands at -7.03.
Analyst Ratings
Boston Properties Inc. downgraded its rating on Boston Properties Inc. (NYSE: BXP) to a Hold in a note to investors on January 04, 2023. The analysts firm previously had a Buy rating on the stock.