Box Inc (NYSE:BOX) shares traded 0.42% up during most recent session to reach at the closing price of $19.3. The stock exchanged hands 1.18 Million shares versus average trading capacity of 2.49 Million shares, yielding a market cap of $2.74 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $25.77 within the next 52-weeks. The mean target projections are based on 13 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Box Inc (NYSE:BOX) high price target of $33 and with a conservative view have low price target of $21.
William Blair “Initiates Coverage On” Box Inc (NYSE:BOX) in a research note issued to investors on 12/11/18 to Outperform with price target of $0.
Additionally on 11/20/18 Morgan Stanley “Maintained” Box Inc (NYSE:BOX) to Equal-Weight setting price target at $21 and on 10/15/18 Raymond James “Maintained” the stock to Outperform at $25. Furthermore on 10/09/18 Deutsche Bank “Initiates Coverage On” the stock to Hold at $22.
On the other hand the company has Relative Strength Index (RSI 14) of 58.29 along with Average True Range (ATR 14) of 0.93, Consequently Box Inc (NYSE:BOX)’s weekly and monthly volatility is 4.00%, 5.09% respectively. The company’s beta value is at 1.3.
In terms of Buy, Sell or Hold recommendations, Box Inc (NYSE:BOX) has analysts’ mean recommendation of 1.9. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Box Inc (NYSE:BOX)’s minimum EPS for the current quarter is at $0.02 and can go high up to $0.03. The consensus mean EPS for the current quarter is at $0.02 derived from a total of 15 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.06 earnings per share for the same quarter during last year.
Previously Box Inc (NYSE:BOX) reported $-0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.07 by $0.01. The company posted an earnings surprise of 14.3%.
Box Inc (NYSE:BOX)’s revenue estimates for the current quarter are $164.17 Million according to 13 number of analysts, for the current quarter the company has high revenue estimates of $164.4 Million in contradiction of low revenue estimates of $163.8 Million. For the current year the company’s revenue estimates are $608.94 Million compared to low analyst estimates of $608.6 Million and high estimates of $609.92 Million according to 14 number of analysts.
Currently Box Inc (NYSE:BOX)’s shares owned by insiders are 1.1%, whereas shares owned by institutional owners are 66.9%. However the six-month change in the insider ownership was recorded -36.36%, as well as three-month change in the institutional ownership was recorded -1.02%.
Box Inc (NYSE:BOX)’s trailing twelve month revenues are $581.3 Million, whereas its price to sales ratio for the same period is 4.71. Its book value per share for the most recent quarter is $0.18 while its price to book ratio for the same period is 107.22, as for as the company’s cash per share for the most recent quarter is $1.41, however its price to cash per share ratio for the same period is 13.69. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.