Blackstone Inc (BX) concluded trading on Thursday at a closing price of $190.30, with 2.83 million shares of worth about $538.07 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 56.62% during that period and on December 12, 2024 the price saw a loss of about -1.10%. Currently the company’s common shares owned by public are about 730.70M shares, out of which, 714.83M shares are available for trading.
Stock saw a price change of 1.66% in past 5 days and over the past one month there was a price change of 5.34%. Year-to-date (YTD), BX shares are showing a performance of 47.45% which increased to 70.52% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $110.50 but also hit the highest price of $200.96 during that period. The average intraday trading volume for Blackstone Inc shares is 3.25 million. The stock is currently trading 1.11% above its 20-day simple moving average (SMA20), while that difference is up 9.05% for SMA50 and it goes to 34.92% higher than SMA200.
Blackstone Inc (NYSE: BX) currently have 730.70M outstanding shares and institutions hold larger chunk of about 42.49% of that.
The stock has a current market capitalization of $230.81B and its 3Y-monthly beta is at 1.51. PE ratio of stock for trailing 12 months is 65.42, while it has posted earnings per share of $2.91 in the same period. Its PEG reads 2.62 while making debt-to-equity ratio of 1.70. 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 2.44% while standing at 2.41% over the month.
Stock’s fiscal year EPS is expected to rise by 10.69% while it is estimated to increase by 32.81% in next year. EPS is likely to grow at an annualized rate of 24.97% 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 Wells Fargo on Dec-13-24 offering an Equal weight rating for the stock and assigned a target price range of between $188 and $195 to it. Coverage by TD Cowen stated Blackstone Inc (BX) stock as a Buy in their note to investors on December 09, 2024, suggesting a price target of $230 for the stock. On October 09, 2024, Piper Sandler Downgrade their recommendations, while on September 12, 2024, Wells Fargo Initiated their ratings for the stock with a price target of $163. Stock get a Neutral rating from Redburn Atlantic on August 27, 2024.
