BOX - BOX Stock Forecast, Price & News

Box, Inc. provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. The company's Software-as-a-Service platform enables users to collaborate on content internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security, and compliance features to comply with legal and regulatory requirements, internal policies, and industry standards and regulations. It offers web, mobile, and desktop applications for cloud content management on a platform for developing custom applications, as well as industry-specific capabilities. As of January 31, 2022, the company had approximately 100,000 paying organizations, and its solution was offered in 25 languages. It serves financial services, health care, government, and legal services industries in the United States and internationally. The company was formerly known as Box.net, Inc. and changed its name to Box, Inc. in November 2011. Box, Inc. was incorporated in 2005 and is headquartered in San Francisco Bay Area, California.

BOX Stock Down 0.1 %

Shares of BOX Stock opened at $29.96 on Monday. The stock's fifty day moving average is $26.55 and its two-hundred day moving average is $27.31. BOX has a 52 week low of $22.18 and a 52 week high of $33.04. The company has a market capitalization of $4.32 billion, a PE ratio of -93.63 and a beta of 1.14.

BOX (NYSE:BOX - Get Rating) last announced its quarterly earnings results on Wednesday, May 25th. The software maker reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.05) by ($0.05). The company had revenue of $238.40 million during the quarter, compared to analysts' expectations of $234.48 million. The company's quarterly revenue was up 17.8% compared to the same quarter last year. During the same period in the prior year, the company posted ($0.07) EPS. As a group, research analysts anticipate that BOX will post -0.13 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on BOX shares. StockNews.com cut shares of BOX from a "strong-buy" rating to a "buy" rating in a report on Saturday, June 18th. Craig Hallum lowered their price objective on shares of BOX to $41.00 in a research note on Thursday, May 26th. Three equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company's stock. According to data from MarketBeat, BOX presently has a consensus rating of "Moderate Buy" and a consensus price target of $31.56.

Insider Buying and Selling

In related news, CFO Dylan C. Smith sold 15,000 shares of BOX stock in a transaction that occurred on Friday, June 10th. The shares were sold at an average price of $25.65, for a total transaction of $384,750.00. Following the sale, the chief financial officer now directly owns 1,447,315 shares of the company's stock, valued at approximately $37,123,629.75. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other BOX news, CFO Dylan C. Smith sold 13,000 shares of the firm's stock in a transaction on Monday, July 11th. The stock was sold at an average price of $26.45, for a total transaction of $343,850.00. Following the completion of the transaction, the chief financial officer now owns 1,395,137 shares of the company's stock, valued at $36,901,373.65. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Dylan C. Smith sold 15,000 shares of BOX stock in a transaction dated Friday, June 10th. The stock was sold at an average price of $25.65, for a total value of $384,750.00. Following the completion of the sale, the chief financial officer now owns 1,447,315 shares of the company's stock, valued at $37,123,629.75. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 43,000 shares of company stock worth $1,164,350. 5.20% of the stock is owned by insiders.