BOX (NYSE:BOX) Issues 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.

BOX Trading Down 2.1 %

Shares of BOX stock traded down $0.74 on Tuesday, reaching $34.37. 2,637,924 shares of the company were exchanged, compared to its average volume of 1,992,385. BOX has a fifty-two week low of $23.29 and a fifty-two week high of $35.74. The firm has a market capitalization of $4.92 billion, a price-to-earnings ratio of 43.56 and a beta of 0.86. The stock has a fifty day moving average price of $33.04 and a 200-day moving average price of $29.79.

Analysts Set New Price Targets

A number of research firms recently commented on BOX. William Blair reaffirmed an “outperform” rating on shares of BOX in a research note on Thursday, November 14th. Morgan Stanley raised their price target on shares of BOX from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Thursday, September 5th. 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 reissued an “underperform” rating and set a $21.00 target price on shares of BOX in a research note on Wednesday, August 28th. Finally, Citigroup upped their price target on shares of BOX from $32.00 to $34.00 and gave the stock a “buy” rating in a research note on Wednesday, August 28th. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat.com, BOX presently has a consensus rating of “Moderate Buy” and a consensus target price of $31.22.

Insiders Place Their Bets

In related news, Director Jack R. Lazar sold 2,500 shares of the company’s 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. This represents a 8.56 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Dylan C. Smith sold 13,000 shares of BOX stock in a transaction on 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 $47,951,032.68. This trade represents a 0.87 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 51,500 shares of company stock valued at $1,711,135 over the last three months. 4.10% of the stock is currently owned by insiders.

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.