With 2.73 million shares changed hands, the volume of the stock remained lighter than its average volume of 3.29 million shares. During the session, the Asset Management company that operates in wider Financial sector, reached to the highest price of $176.02 whereas the lowest price it dropped to was $168.48. The 52-week range on BX shows that it touched its highest point at $200.96 and its lowest point at $113.25 during that stretch. It currently has a 1-year price target of $177.90. With its current market cap of 207.82 billion, BX has annualized dividend of $3.45 while the current yield stands at 2.01%. Beta for the stock currently stands at 1.53.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of BX was down-trending over the past week, with a drop of -0.41%, but this was down by -8.47% over a month. Three-month performance surged to 15.23% while six-month performance rose 42.10%. The stock gained 42.22% in the past year, while it has lost -0.63% so far this year. A look at the trailing 12-month EPS for BX yields 2.91 with Next year EPS estimates of 5.81. For the next quarter, that number is 1.44. This implies an EPS growth rate of 11.00% for this year and 32.62% for next year. EPS is expected to grow by 24.97% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -4.02%.
Float and Shares Shorts:
At present, 730.70 million BX shares are outstanding with a float of 714.83 million shares on hand for trading. On 2024-12-13, short shares totaled 15.55 million, which was 204.99999 higher than short shares on 1731628800. In addition to Mr. Stephen Allen Schwarzman B.A., M.B.A. as the firm’s Chairman, CEO & Co-Founder, Mr. Jonathan D. Gray CIMA serves as its General Partner, President, COO & Director.
Institutional Ownership:
Through their ownership of 0.71545 of BX’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for BX since 12 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With BX analysts setting a high price target of 230.0 and a low target of 146.0, the average target price over the next 12 months is 178.9. Based on these targets, BX could surge 34.24% to reach the target high and fall by -14.79% to reach the target low. Reaching the average price target will result in a growth of 4.41% from current levels.
Analysts have provided yearly estimates in a range of $4.56648 being high and $4.30019 being low. For BX, this leads to a yearly average estimate of $4.37909.
