Will stock surge before Earnings results? BOX Stock Forecast, Price & News (NYSE:BOX)

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Earnings results for BOX Stock Forecast, Price & News (NYSE:BOX)

Box, Inc. is expected* to report earnings on 08/26/2020 after market close. The report will be for the fiscal Quarter ending Jul 2020. According to Zacks Investment Research, based on 6 analysts’ forecasts, the consensus EPS forecast for the quarter is $-0.13. The reported EPS for the same quarter last year was $-0.25.

BOX last announced its earnings results on May 27th, 2020. The software maker reported $0.10 EPS for the quarter, beating the consensus estimate of $0.05 by $0.05. The business had revenue of $183.56 million for the quarter, compared to analyst estimates of $182.08 million. Its revenue for the quarter was up 12.6% on a year-over-year basis. BOX has generated ($0.96) earnings per share over the last year. BOX has confirmed that its next quarterly earnings report will be published on Wednesday, August 26th, 2020.

Analyst Opinion on BOX Stock Forecast, Price & News (NYSE:BOX)

13 Wall Street analysts have issued ratings and price targets for BOX in the last 12 months. Their average twelve-month price target is $20.40, predicting that the stock has a possible upside of 13.14%. The high price target for BOX is $25.00 and the low price target for BOX is $14.00. There are currently 1 sell rating, 4 hold ratings and 8 buy ratings for the stock, resulting in a consensus rating of “Buy.”

BOX has received a consensus rating of Buy. The company’s average rating score is 2.54, and is based on 8 buy ratings, 4 hold ratings, and 1 sell rating. According to analysts’ consensus price target of $20.40, BOX has a forecasted upside of 13.1% from its current price of $18.03. BOX has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock.

Dividend Strength: BOX Stock Forecast, Price & News (NYSE:BOX)

BOX does not currently pay a dividend. BOX does not have a long track record of dividend growth.

Insiders buying/selling: BOX Stock Forecast, Price & News (NYSE:BOX)

In the past three months, BOX insiders have sold more of their company’s stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $5,121,131.00 in company stock. Only 6.20% of the stock of BOX is held by insiders. 78.16% of the stock of BOX is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

Earnings and Valuation of BOX Stock Forecast, Price & News (NYSE:BOX

Earnings for BOX are expected to grow in the coming year, from ($0.52) to ($0.37) per share. The P/E ratio of BOX is -20.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of BOX is -20.03, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. BOX has a P/B Ratio of 120.20. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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