Blackstone Inc (BX) concluded trading on Thursday at a closing price of $124.30, with 5.15 million shares of worth about $639.6 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 21.31% during that period and on Thursday, February 01 price saw a loss of about -0.12%. Currently the company’s common shares owned by public are about 719.36M shares, out of which, 703.16M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 42 times over the past 12 months. They bought 714,501 shares in 28 of the transactions. In 14 selling transactions, insiders dumped 413,747 shares.
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Stock saw a price change of 0.66% in past 5 days and over the past one month there was a price change of -3.10%. Year-to-date (YTD), BX shares are showing a performance of -5.06% which increased to 31.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $75.26 but also hit the highest price of $133.53 during that period. The average intraday trading volume for Blackstone Inc shares is 3.61 million. The stock is currently trading 2.26% above its 20-day simple moving average (SMA20), while that difference is up 3.86% for SMA50 and it goes to 21.49% higher than SMA200.
Blackstone Inc (NYSE: BX) currently have 719.36M outstanding shares and institutions hold larger chunk of about 41.55% of that.
The stock has a current market capitalization of $150.13B and its 3Y-monthly beta is at 1.51. PE ratio of stock for trailing 12 months is 67.70, while it has posted earnings per share of $1.84 in the same period. Its PEG reads 5.53 while making debt-to-equity ratio of 1.80. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for BX, volatility over the week remained 2.49% while standing at 2.35% over the month.
Analysts are in expectations that Blackstone Inc (BX) stock would likely to be making an EPS of $United States Steel Corporation in the current quarter, while forecast for next quarter EPS is $46.63 and it is $Stocks for next year. For the current quarter EPS, analysts have given the company a lowest target $BlackBerry Limited which is $BP p.l.c. at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $Bloom Energy Corporation in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 25.36% while it is estimated to increase by 23.35% in next year. EPS is likely to grow at an annualized rate of 12.25% for next 5-years, compared to annual growth of -4.02% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Citigroup on January 19, 2024 offering a Neutral rating for the stock and assigned a target price range of between $116 and $124 to it.
