Box, Inc. (NYSE:BOX) Given Consensus Recommendation of "Hold" by Analysts

Key Points

• Analysts rate Box “Hold” on average: Of nine covering firms, five recommend holding, three recommend buying and one recommends selling. The average 12-month price target is $35.33.
• Recent results modestly beat expectations: Box reported quarterly EPS of $0.37 versus the $0.36 consensus and revenue of $305.94 million, up 10.7% year over year. Shares opened at $33.66, near their 52-week high of $33.88.
• Insiders have been selling shares: Executives sold 77,996 shares worth roughly $2.12 million over the past three months, while institutional investors and hedge funds own 86.74% of the stock.

Box, Inc. (NYSE:BOX - Get Free Report) has been given an average rating of "Hold" by the nine research firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, five have assigned a hold rating and three have assigned a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is $35.3333.

Several brokerages recently commented on BOX. Citigroup increased their price objective on shares of BOX from $36.00 to $37.00 and gave the company a "buy" rating in a research note on Wednesday, May 27th. DA Davidson reaffirmed a "buy" rating and set a $45.00 target price on shares of BOX in a research note on Wednesday, May 27th. UBS Group upped their price target on shares of BOX from $28.00 to $29.00 and gave the stock a "neutral" rating in a report on Wednesday, May 27th. Wall Street Zen cut BOX from a "strong-buy" rating to a "buy" rating in a research note on Saturday, May 9th. Finally, Weiss Ratings raised BOX from a "hold (c-)" rating to a "hold (c)" rating in a report on Thursday, July 23rd.

BOX Stock Up 1.3%

NYSE:BOX opened at $33.66 on Tuesday. BOX has a twelve month low of $21.34 and a twelve month high of $33.88. The stock's 50-day simple moving average is $28.40 and its 200 day simple moving average is $25.83. The firm has a market capitalization of $4.66 billion, a PE ratio of 51.78, a price-to-earnings-growth ratio of 11.73 and a beta of 0.73.

BOX (NYSE:BOX - Get Free Report) last issued its earnings results on Tuesday, May 26th. The software maker reported $0.37 EPS for the quarter, topping the consensus estimate of $0.36 by $0.01. BOX had a negative return on equity of 24.19% and a net margin of 10.35%.The firm had revenue of $305.94 million during the quarter, compared to the consensus estimate of $304.39 million. During the same quarter in the previous year, the firm earned $0.30 earnings per share. The business's quarterly revenue was up 10.7% on a year-over-year basis. BOX has set its Q2 2027 guidance at 0.390-0.390 EPS and its FY 2027 guidance at 1.560-1.560 EPS. On average, analysts anticipate that BOX will post 0.31 EPS for the current fiscal year.

Insider Transactions at BOX

In related news, CFO Dylan C. Smith sold 17,000 shares of the firm's stock in a transaction that occurred on Wednesday, June 10th. The shares were sold at an average price of $26.00, for a total value of $442,000.00. Following the completion of the transaction, the chief financial officer owned 1,364,049 shares in the company, valued at $35,465,274. This trade represents a 1.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Aaron Levie sold 15,000 shares of the firm's stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $24.32, for a total transaction of $364,800.00. Following the completion of the transaction, the chief executive officer owned 2,874,673 shares of the company's stock, valued at approximately $69,912,047.36. This trade represents a 0.52% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 77,996 shares of company stock valued at $2,116,005 over the last three months. Company insiders own 3.99% of the company's stock.

Hedge Funds Weigh In On BOX

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. First Horizon Corp increased its holdings in BOX by 148.1% in the fourth quarter. First Horizon Corp now owns 831 shares of the software maker's stock valued at $25,000 after purchasing an additional 496 shares during the period. Geneos Wealth Management Inc. acquired a new position in BOX during the 1st quarter worth about $31,000. Employees Retirement System of Texas acquired a new position in BOX during the 3rd quarter worth about $35,000. CIBC Private Wealth Group LLC grew its position 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 buying an additional 1,138 shares during the last quarter. Finally, Bayforest Capital Ltd bought a new stake in shares of BOX in the 4th quarter valued at about $42,000. 86.74% of the stock is currently 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.

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