Box, Inc. (NYSE:BOX) Receives Average Rating of “Hold” from Analysts

Box, Inc. (NYSE:BOX) has been assigned an average recommendation of “Hold” from the nine brokerages that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell rating, five have given a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $37.80.

A number of research analysts recently commented on the company. Bank of America restated a “buy” rating on shares of BOX in a research report on Wednesday, August 26th. UBS Group increased their price objective on shares of BOX from $29.00 to $37.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 26th. Morgan Stanley raised their target price on shares of BOX from $33.00 to $36.00 and gave the company an “equal weight” rating in a report on Wednesday, August 26th. DA Davidson boosted their target price on shares of BOX from $45.00 to $50.00 and gave the company a “buy” rating in a research report on Wednesday, August 26th. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating and set a $26.00 price target on shares of BOX in a report on Wednesday, August 26th.

BOX Price Performance

Shares of NYSE:BOX opened at $35.22 on Friday. The business’s 50 day simple moving average is $31.42 and its 200 day simple moving average is $26.97. BOX has a 1 year low of $21.34 and a 1 year high of $36.34. The company has a market capitalization of $4.83 billion, a P/E ratio of 51.04, a P/E/G ratio of 11.97 and a beta of 0.73.

BOX (NYSE:BOX) last announced its quarterly earnings data on Tuesday, August 25th. The software maker reported $0.40 earnings per share for the quarter, meeting the consensus estimate of $0.40. The firm had revenue of $321.15 million during the quarter, compared to analysts’ expectations of $319.33 million. BOX had a negative return on equity of 20.97% and a net margin of 10.59%.The company’s quarterly revenue was up 9.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.33 EPS. BOX has set its Q3 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.540-1.540 EPS. On average, sell-side analysts anticipate that BOX will post 0.32 EPS for the current fiscal year.

Insider Activity

In other BOX news, CFO Dylan Smith sold 17,000 shares of the firm’s stock in a transaction on Wednesday, June 10th. The stock was sold at an average price of $26.00, for a total value of $442,000.00. Following the sale, the chief financial officer owned 1,364,049 shares of the company’s stock, valued at approximately $35,465,274. This trade represents a 1.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Eli Berkovitch sold 3,850 shares of BOX stock in a transaction on Monday, August 31st. The shares were sold at an average price of $35.99, for a total value of $138,561.50. Following the completion of the transaction, the vice president owned 105,404 shares in the company, valued at approximately $3,793,489.96. The trade was a 3.52% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 75,546 shares of company stock valued at $2,094,798 in the last three months. Company insiders own 3.99% of the company’s stock.

Institutional Trading of BOX

Large investors have recently bought and sold shares of the business. Geneos Wealth Management Inc. acquired a new position in BOX during the first quarter worth about $31,000. Employees Retirement System of Texas acquired a new stake in shares of BOX in the 3rd quarter valued at approximately $35,000. CIBC Private Wealth Group LLC boosted its stake in shares of BOX by 1,778.1% in the 3rd quarter. CIBC Private Wealth Group LLC now owns 1,202 shares of the software maker’s stock valued at $39,000 after purchasing an additional 1,138 shares in the last quarter. Hantz Financial Services Inc. grew its holdings in shares of BOX by 337.7% during the 4th quarter. Hantz Financial Services Inc. now owns 2,018 shares of the software maker’s stock valued at $60,000 after purchasing an additional 1,557 shares during the last quarter. Finally, Toronto Dominion Bank acquired a new position in BOX during the 4th quarter worth approximately $60,000. 86.74% of the stock is owned by institutional investors and hedge funds.

BOX Company Profile

Box, Inc is a leading provider of cloud content management and file sharing solutions designed to support enterprises in securely managing, accessing and collaborating on digital content from anywhere. The company offers a unified platform that enables organizations to store, share and automate workflows across various departments, enhancing productivity and ensuring governance over sensitive information. Box’s services are tailored to meet the needs of industries such as healthcare, financial services, government and media, where compliance and data security are paramount.

The core offerings of Box include its Content Cloud platform, which provides content collaboration, workflow automation, data classification and secure file sharing.