Box Company Profile (NYSE:BOX)

Box trades on the New York Stock Exchange (NYSE) under the ticker symbol "BOX."

Box, Inc. (NYSE:BOX) posted its quarterly earnings results on Wednesday, May, 31st. The company reported ($0.13) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.14) by $0.01. The firm earned $117.20 million during the quarter, compared to analyst estimates of $114.70 million. Box had a negative return on equity of 187.98% and a negative net margin of 36.01%. Box's quarterly revenue was up 29.9% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.18) EPS. View Box's Earnings History.

Box is scheduled to release their next quarterly earnings announcement on Wednesday, August, 30th 2017. View Earnings Estimates for Box.

Box issued an update on its FY18 earnings guidance on Wednesday, May, 31st. The company provided earnings per share (EPS) guidance of ($0.48)-(0.44) for the period, compared to the Thomson Reuters consensus EPS estimate of ($0.46). The company issued revenue guidance of $502-506 million, compared to the consensus revenue estimate of $502.85 million.Box also updated its Q2 guidance to ($0.13)-(0.12) EPS.

16 equities research analysts have issued 12-month price targets for Box's shares. Their predictions range from $17.00 to $28.00. On average, they expect Box's stock price to reach $23.00 in the next twelve months. View Analyst Ratings for Box.

Here are some recent quotes from research analysts about Box stock:

• 1. Rosenblatt Securities analysts commented, "We believe this could help clarify some confusion regarding how BOX is positioned vs. both One Drive and Sharepoint, which could shorten sales cycles. It is our view that this combi- nation could be more significant over time than the IBM relationship due to the prevalence of Office 365 in enterprise accounts." (7/17/2017)
• 2. Drexel Hamilton analysts commented, "We are taking a haircut to FY4Q numbers as a result of the intense competitive pressures. But we remain positive on Sprint’s massive spectrum portfolio, which positions it well to exceed growing capacity demands. Our TP remains unchanged at US$11 based on 7.0x our CY18E adj. EBITDA ex-leasing. Impact Verizon’s Feb 12 th unlimited launch, triggered universal unlimited. Though postpaid phone churn was originally expected to be ~5bps lower QoQ, increased competition caused it to remain flat. We note that the churn impact peaked during week 1 and then tailed off, reflecting Sprint’s continued leadership in price (Fig. 1). Current promos include: 1) a single line under Unlimited Freedom for US$50/mo for one year and US$60/mo after that; 2) two lines for US$90/mo; and 3) US$30 off any order placed online or by phone and a free activation for new customers. Meanwhile, prepaid momentum is building up, driven by Boost/Virgin. We are modelling a sequential improvement in trends with churn ~10bps lower QoQ, at the expense of Cricket and MetroPCS. We now expect FY4Q16 total revenues to go ex- growth at US$7.98bn with adj. EBITDA of US$2.37bn." (3/31/2017)
• 3. FIG Partners analysts commented, "Box delivered another strong quarter ahead of consensus, supported by good large deal momentum (64 deals >$100K), newer products (especially Governance, KeySafe, Zones), and the IBM channel (contributing to 18 six-figure deals). We're also pleased to see Box meet its positive FCF target in 4QFY17, while setting a positive FCF target for all of FY18 even as it accelerates sales investment. We remain bullish and continue to believe that IBM and Box's various newer products (Governance, KeySafe, Zones, Shuttle, etc.) provides a solid base for growth. There's also room for upside as even newer efforts gain traction (Platform, Relay) and international sales ramp (helped by Zones and sales investment). We're raising our revenue projections, though modestly increasing our loss per share projections reflecting the sales investment." (3/2/2017)
• 4. According to Zacks Investment Research, "Box, Inc. is a provider of a cloud -based product platform. Its solution include Box OneCloud, FTP alternative, document management, executive boardroom, project management, virtual data room, marketing asset management, sales portal and secure enterprise mobility. The company's platform offers content management and collaboration, storing, sharing and managing files. It serves advertising, construction, consumer packaged goods, education, energy, financial services and insurance, government, healthcare and life sciences, high tech, legal, manufacturing, media and entertainment as well as retail industry. Box, Inc. is headquartered in Los Altos, California. " (1/31/2017)

Some companies that are related to Box include Sabre Corporation (SABR), Twilio (TWLO), Zendesk (ZEN), Mulesoft (MULE), New Relic (NEWR), CyberArk Software (CYBR), Five9 (FIVN), Radware (RDWR), Keywords Studios PLC (KWS), GB Group plc (GBG), Rosetta Stone (RST), YuMe (YUME), Perion Network Ltd (PERI), StatPro Group PLC (SOG), SeaChange International (SEAC), Great Elm Capital Group (GEC), CYREN (CYRN) and Finjan Holdings (FNJN).

Box's management team includes the folowing people:

• Aaron Levie, Chairman of the Board, Chief Executive Officer
• Dan J. Levin, Director
• Dylan C. Smith, Chief Financial Officer, Director
• Peter M. McGoff, Senior Vice President, General Counsel and Corporate Secretary
• Rory O Driscoll, Lead Independent Director
• Dana L. Evan CPA, Independent Director
• Steve M. Krausz, Independent Director
• Gary M. Reiner, Independent Director
• Josh Stein, Independent Director

(BOX) raised $150 million in an initial public offering (IPO) on Friday, January 23rd 2015. The company issued 12,500,000 shares at $11.00-$13.00 per share. Morgan Stanley, Credit Suisse, J.P. Morgan and BMO Capital Markets acted as the underwriters for the IPO and Canaccord Genuity, Pacific Crest Securities, Raymond James and Wells Fargo Securities were co-managers.

Box's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Vanguard Group Inc. (6.07%), Wells Fargo & Company MN (2.63%), First Trust Advisors LP (2.17%), Renaissance Technologies LLC (1.91%), Whale Rock Capital Management LLC (1.35%) and State Street Corp (1.04%). Company insiders that own Box stock include Aaron Levie, Bessemer Venture Partners Viii, Daniel J Levin, Fisher Jurvetson Fund V Draper, Jeff Mannie, Josh Stein, Meritech Capital Associates Iv and Rory O'driscoll. View Institutional Ownership Trends for Box.

Box's stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace North America L.P., UBS Oconnor LLC, Federated Investors Inc. PA, Capital Impact Advisors LLC, Pier Capital LLC, UBS Asset Management Americas Inc., Lyell Wealth Management LP and Commerzbank Aktiengesellschaft FI. Company insiders that have sold Box stock in the last year include Daniel J Levin, Fisher Jurvetson Fund V Draper, Jeff Mannie and Rory O'driscoll. View Insider Buying and Selling for Box.

Box's stock was bought by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Wells Fargo & Company MN, Whale Rock Capital Management LLC, JPMorgan Chase & Co., Renaissance Technologies LLC, Adams Street Partners LLC, First Trust Advisors LP and Crosslink Capital Inc.. Company insiders that have bought Box stock in the last two years include Aaron Levie and Josh Stein. View Insider Buying and Selling for Box.

Shares of Box can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Box stock can currently be purchased for approximately $18.75.