BOX (NYSE:BOX) Updates FY 2025 Earnings Guidance

BOX (NYSE:BOX) updated its FY 2025 earnings guidance on Tuesday. The company provided earnings per share guidance of 1.700-1.700 for the period, compared to the consensus earnings per share estimate of 1.670. The company issued revenue guidance of $1.1 billion-$1.1 billion, compared to the consensus revenue estimate of $1.1 billion. BOX also updated its FY25 guidance to ~$1.70 EPS.

Analysts Set New Price Targets

Several research analysts have issued reports on the company. Citigroup upped their price objective on BOX from $32.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. William Blair reaffirmed an “outperform” rating on shares of BOX in a report on Thursday, November 14th. StockNews.com raised BOX from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 15th. Royal Bank of Canada reaffirmed an “underperform” rating and set a $21.00 price objective on shares of BOX in a report on Wednesday, August 28th. Finally, UBS Group upped their price objective on BOX from $31.00 to $34.00 and gave the stock a “buy” rating in a report on Wednesday, August 28th. One investment analyst has rated the stock with a sell rating, two have issued a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, BOX has a consensus rating of “Moderate Buy” and a consensus price target of $31.22.

BOX Stock Down 2.0 %

BOX stock traded down $0.69 during mid-day trading on Tuesday, hitting $34.42. 2,643,705 shares of the company’s stock were exchanged, compared to its average volume of 1,992,594. The firm has a market capitalization of $4.93 billion, a P/E ratio of 43.56 and a beta of 0.86. BOX has a fifty-two week low of $23.29 and a fifty-two week high of $35.74. The company’s 50 day simple moving average is $33.04 and its 200-day simple moving average is $29.79.

Insider Buying and Selling

In other BOX news, CFO Dylan C. Smith sold 13,000 shares of the stock in a transaction dated Thursday, October 10th. The stock was sold at an average price of $32.52, for a total transaction of $422,760.00. Following the completion of the transaction, the chief financial officer now owns 1,474,509 shares in the company, valued at approximately $47,951,032.68. This represents a 0.87 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Jack R. Lazar sold 2,500 shares of the stock in a transaction dated Tuesday, November 12th. The stock was sold at an average price of $34.75, for a total value of $86,875.00. Following the transaction, the director now owns 26,697 shares of the company’s stock, valued at approximately $927,720.75. This trade represents a 8.56 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 51,500 shares of company stock valued at $1,711,135. 4.10% of the stock is owned by company insiders.

About BOX

Box, Inc provides a cloud content management platform that enables organizations of various sizes to manage and share their content from anywhere on any device. The company's Software-as-a-Service platform enables users to work with their content as they need from secure external collaboration and sharing, workspaces and portals, e-signature processes, and content workflows improving employee productivity and accelerating business processes.