Gains May Be On The Menu For Blackstone Inc (NYSE: BX)

Currently, there are 731.93M common shares owned by the public and among those 722.31M shares have been available to trade.

The company’s stock has a 5-day price change of -5.56% and -17.66% over the past three months. BX shares are trading -16.90% year to date (YTD), with the 12-month market performance up to 10.10% higher. It has a 12-month low price of $114.76 and touched a high of $200.28 over the same period. BX has an average intraday trading volume of 3.92 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 -1.32%, -10.43%, and -8.28% respectively.

Institutional ownership of Blackstone Inc (NYSE: BX) shares accounts for 42.51% of the company’s 731.93M shares outstanding.

It has a market capitalization of $174.02B and a beta (3y monthly) value of 1.60. The stock’s trailing 12-month PE ratio is 39.40, while the earnings-per-share (ttm) stands at $3.62. The company has a PEG of 1.87 and the debt-to-equity ratio at 1.50. Price movements for the stock have been influenced by the stock’s volatility, which stands at 3.79% over the week and 3.67% over the month.

Earnings per share for the fiscal year are expected to increase by 21.00%, and 23.46% over the next financial year. EPS should grow at an annualized rate of 21.12% over the next five years, compared to 3.62% over the past 5-year period.

Looking at the support for the BX, a number of firms have released research notes about the stock. UBS stated their Buy rating for the stock in a research note on March 17, 2025, with the firm’s price target at $180. Wells Fargo coverage for the Blackstone Inc (BX) stock in a research note released on December 12, 2024 offered a Equal Weight rating with a price target of $195. TD Cowen was of a view on December 09, 2024 that the stock is Buy, while Piper Sandler gave the stock Neutral rating on October 09, 2024, issuing a price target of $149. Wells Fargo on their part issued Overweight rating on September 12, 2024.

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