Currently, there are 710.28M common shares owned by the public and among those 704.21M shares have been available to trade.
Insiders at the company have transacted a total of 47 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 33 of these insider trades were purchases, accounting for 979,118 shares. Insider sales of the common stock occurred on 14 occasions, with total insider shares sold totaling 413,747 shares.
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However, the script later moved the day high at 129.31, up 1.85%. The company’s stock has a 5-day price change of 13.32% and 12.78% over the past three months. BX shares are trading 75.58% year to date (YTD), with the 12-month market performance up to 72.78% higher. It has a 12-month low price of $70.63 and touched a high of $130.41 over the same period. BX has an average intraday trading volume of 3.87 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 12.66%, 22.32%, and 32.99% respectively.
Institutional ownership of Blackstone Inc (NYSE: BX) shares accounts for 41.62% of the company’s 710.28M shares outstanding.
It has a market capitalization of $155.17B and a beta (3y monthly) value of 1.50. The stock’s trailing 12-month PE ratio is 53.75, while the earnings-per-share (ttm) stands at $2.39. The company has a PEG of 5.50 and the debt-to-equity ratio at 1.84. Price movements for the stock have been influenced by the stock’s volatility, which stands at 4.49% over the week and 2.63% over the month.
Analysts forecast that Blackstone Inc (BX) will achieve an EPS of $1.06 for the current quarter, $1.09 for the next quarter and $5.34 for 2024. The lowest estimate earnings-per-share for the quarter is $0.88 while analysts give the company a high EPS estimate of $1.2. Comparatively, EPS for the current quarter was $1.07 a year ago. Earnings per share for the fiscal year are expected to decrease by -24.43%, and 35.27% over the next financial year. EPS should grow at an annualized rate of 9.78% over the next five years, compared to 1.33% over the past 5-year period.
Looking at the support for the BX, a number of firms have released research notes about the stock. BMO Capital Markets stated their Market Perform rating for the stock in a research note on December 06, 2023, with the firm’s price target at $95.
