BOX (NYSE:BOX) Releases FY25 Earnings Guidance

BOX (NYSE:BOX) issued an update on its FY25 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of ~$1.70 for the period, compared to the consensus estimate of $1.67. The company issued revenue guidance of ~$1.090 billion, compared to the consensus revenue estimate of $1.09 billion. BOX also updated its FY 2025 guidance to 1.700-1.700 EPS.

BOX Stock Down 2.1 %

Shares of BOX stock opened at $34.37 on Wednesday. The company has a 50 day moving average of $33.07 and a 200-day moving average of $29.84. BOX has a 12-month low of $23.29 and a 12-month high of $35.74. The firm has a market cap of $4.92 billion, a P/E ratio of 43.51 and a beta of 0.86.

Analyst Ratings Changes

A number of research firms recently weighed in on BOX. Monness Crespi & Hardt upgraded shares of BOX to a “hold” rating in a research note on Friday, August 16th. William Blair reiterated an “outperform” rating on shares of BOX in a research note on Thursday, November 14th. StockNews.com upgraded shares of BOX from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 15th. Royal Bank of Canada reiterated an “underperform” rating and issued a $21.00 price objective on shares of BOX in a research note on Wednesday, August 28th. Finally, Citigroup lifted their price objective on shares of BOX from $32.00 to $34.00 and gave the company a “buy” rating in a research note on Wednesday, August 28th. One analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $31.22.

Insider Transactions at BOX

In other news, Director Jack R. Lazar sold 2,500 shares of BOX stock in a transaction on Tuesday, November 12th. The shares were sold at an average price of $34.75, for a total transaction of $86,875.00. Following the completion of the sale, the director now directly owns 26,697 shares of the company’s stock, valued at approximately $927,720.75. The trade was a 8.56 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Dylan C. Smith sold 13,000 shares of the business’s stock in a transaction on Tuesday, September 10th. The stock was sold at an average price of $32.89, for a total transaction of $427,570.00. Following the completion of the sale, the chief financial officer now directly owns 1,500,661 shares of the company’s stock, valued at $49,356,740.29. This represents a 0.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 51,500 shares of company stock valued at $1,711,135. Insiders own 4.10% of the company’s stock.

BOX Company Profile

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.