Box, Inc. (NYSE:BOX) CFO Dylan C. Smith sold 13,000 shares of the business’s stock in a transaction that occurred on Wednesday, January 10th. The shares were sold at an average price of $21.10, for a total value of $274,300.00. Following the sale, the chief financial officer now owns 13,000 shares of the company’s stock, valued at approximately $274,300. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Shares of Box, Inc. (NYSE BOX) traded up $0.11 during trading hours on Friday, hitting $22.25. The company had a trading volume of 1,410,000 shares, compared to its average volume of 2,190,000. The stock has a market capitalization of $3,030.00 and a PE ratio of -18.54. The company has a debt-to-equity ratio of 2.53, a quick ratio of 1.00 and a current ratio of 1.00. Box, Inc. has a one year low of $15.73 and a one year high of $24.10.
BOX (NYSE:BOX) last announced its earnings results on Wednesday, November 29th. The software maker reported ($0.13) earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of ($0.13). The company had revenue of $129.30 million for the quarter, compared to analysts’ expectations of $128.67 million. BOX had a negative return on equity of 313.90% and a negative net margin of 33.20%. BOX’s quarterly revenue was up 25.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.14) earnings per share. analysts anticipate that Box, Inc. will post -1.17 earnings per share for the current year.
Several equities research analysts have recently commented on the company. Drexel Hamilton restated a “buy” rating and set a $28.00 price objective on shares of BOX in a report on Monday, November 27th. Oppenheimer restated a “buy” rating and set a $24.00 price objective on shares of BOX in a report on Thursday, November 30th. JMP Securities boosted their price objective on BOX to $25.00 and gave the company an “outperform” rating in a report on Thursday, November 30th. Vetr upgraded BOX from a “buy” rating to a “strong-buy” rating and set a $25.42 price objective for the company in a report on Wednesday, November 29th. Finally, Canaccord Genuity restated a “buy” rating and set a $25.00 price objective on shares of BOX in a report on Thursday, November 30th. Three analysts have rated the stock with a hold rating, fourteen have given a buy rating and one has given a strong buy rating to the company’s stock. BOX has an average rating of “Buy” and a consensus price target of $24.24.
BOX Company Profile
Box, Inc provides an enterprise content management platform that enables organizations of all sizes to manage enterprise content while allowing access and sharing of this content from anywhere, on any device. With the Company’s Software-as-a-Service (SaaS) cloud-based platform, users can collaborate on content both internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security and compliance features to comply with internal policies and industry regulations.
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