BOX (NYSE:BOX) Issues FY 2025 Earnings Guidance

BOX (NYSE:BOX) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 1.640-1.660 for the period, compared to the consensus EPS estimate of 1.570. 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 $1.64-1.66 EPS.

Analysts Set New Price Targets

A number of brokerages have issued reports on BOX. Monness Crespi & Hardt raised BOX to a hold rating in a report on Friday, August 16th. Oppenheimer reiterated an outperform rating and issued a $35.00 price target on shares of BOX in a report on Wednesday, May 29th. StockNews.com upgraded BOX from a buy rating to a strong-buy rating in a report on Thursday, August 15th. Royal Bank of Canada reiterated an underperform rating and issued a $21.00 price target on shares of BOX in a report on Wednesday, May 29th. Finally, Morgan Stanley cut their price target on BOX from $32.00 to $30.00 and set an equal weight rating on the stock in a report on Wednesday, May 29th. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, seven have given a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, BOX has an average rating of Moderate Buy and an average price target of $30.33.

BOX Trading Up 0.6 %

Shares of NYSE:BOX traded up $0.16 during mid-day trading on Tuesday, hitting $28.82. 3,062,756 shares of the company traded hands, compared to its average volume of 1,879,888. The stock has a market cap of $4.16 billion, a P/E ratio of 39.48 and a beta of 0.86. BOX has a 12-month low of $23.29 and a 12-month high of $30.94. The stock has a 50-day moving average price of $26.85 and a two-hundred day moving average price of $26.99.

BOX (NYSE:BOX) last released its earnings results on Tuesday, May 28th. The software maker reported $0.05 earnings per share for the quarter, beating analysts’ consensus estimates of $0.02 by $0.03. The firm had revenue of $264.66 million for the quarter, compared to analysts’ expectations of $261.65 million. BOX had a net margin of 13.13% and a negative return on equity of 11.71%. As a group, analysts expect that BOX will post 0.19 earnings per share for the current year.

Insider Activity at BOX

In other news, VP Eli Berkovitch sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, July 9th. The shares were sold at an average price of $25.25, for a total value of $63,125.00. Following the sale, the vice president now owns 147,232 shares of the company’s stock, valued at $3,717,608. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. In other news, CFO Dylan C. Smith sold 13,000 shares of the business’s stock in a transaction that occurred on Friday, August 9th. The shares were sold at an average price of $27.05, for a total value of $351,650.00. Following the sale, the chief financial officer now owns 1,513,661 shares of the company’s stock, valued at $40,944,530.05. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, VP Eli Berkovitch sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, July 9th. The shares were sold at an average price of $25.25, for a total transaction of $63,125.00. Following the completion of the sale, the vice president now directly owns 147,232 shares in the company, valued at approximately $3,717,608. The disclosure for this sale can be found here. In the last three months, insiders have sold 59,560 shares of company stock worth $1,556,440. Company insiders own 4.10% of the company’s stock.

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.