Box (NYSE: BOX) has recently received a number of price target changes and ratings updates:

  • 10/9/2017 – Box had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $25.00 price target on the stock.
  • 10/6/2017 – Box had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a $24.00 price target on the stock.
  • 9/25/2017 – Box was upgraded by analysts at UBS AG from a “market perform” rating to an “outperform” rating. They now have a $26.00 price target on the stock.
  • 9/25/2017 – Box was upgraded by analysts at Raymond James Financial, Inc. from a “market perform” rating to an “outperform” rating. They now have a $26.00 price target on the stock.
  • 9/3/2017 – Box had its “outperform” rating reaffirmed by analysts at Oppenheimer Holdings, Inc.. They now have a $22.00 price target on the stock.
  • 9/1/2017 – Box had its “buy” rating reaffirmed by analysts at Rosenblatt Securities. They now have a $25.00 price target on the stock.
  • 8/31/2017 – Box was upgraded by analysts at Mitsubishi UFJ Financial Group to an “overweight” rating. They now have a $24.00 price target on the stock, up previously from $23.00.
  • 8/28/2017 – Box had its “buy” rating reaffirmed by analysts at Drexel Hamilton. They now have a $28.00 price target on the stock.
  • 8/23/2017 – Box was upgraded by analysts at BidaskClub from a “hold” rating to a “buy” rating.
  • 8/16/2017 – Box had its “hold” rating reaffirmed by analysts at Stifel Nicolaus. They now have a $17.00 price target on the stock.

Box, Inc. (NYSE BOX) traded up 0.42% during trading on Wednesday, reaching $19.20. The company’s stock had a trading volume of 2,189,273 shares. The company’s market cap is $2.57 billion. The stock has a 50-day moving average price of $18.62 and a 200 day moving average price of $18.62. Box, Inc. has a 52-week low of $13.56 and a 52-week high of $20.91.

Box (NYSE:BOX) last released its earnings results on Wednesday, August 30th. The software maker reported ($0.11) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.13) by $0.02. Box had a negative return on equity of 232.81% and a negative net margin of 34.11%. The company had revenue of $122.94 million during the quarter, compared to analyst estimates of $121.75 million. During the same quarter in the previous year, the company posted ($0.14) EPS. Box’s revenue for the quarter was up 28.4% on a year-over-year basis. On average, analysts expect that Box, Inc. will post ($0.45) EPS for the current year.

In other news, Director Rory O’driscoll sold 233,066 shares of the business’s stock in a transaction dated Tuesday, September 19th. The stock was sold at an average price of $18.41, for a total value of $4,290,745.06. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Dylan C. Smith sold 13,000 shares of the business’s stock in a transaction dated Tuesday, October 10th. The shares were sold at an average price of $19.06, for a total value of $247,780.00. The disclosure for this sale can be found here. In the last three months, insiders sold 999,534 shares of company stock valued at $18,684,231. 20.59% of the stock is currently owned by corporate insiders.

Box, Inc provides an enterprise content management platform that enables organizations of all sizes to manage enterprise content while allowing access and sharing of this content from anywhere, on any device. With the Company’s Software-as-a-Service (SaaS) cloud-based platform, users can collaborate on content both internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security and compliance features to comply with internal policies and industry regulations.

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