BOX (NYSE:BOX) Issues FY 2025 Earnings Guidance

BOX (NYSE:BOX) issued an update on its FY 2025 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of 1.640-1.660 for the period, compared to the consensus 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.

Analyst Ratings Changes

A number of research firms recently weighed in on BOX. 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. UBS Group cut their target price on BOX from $34.00 to $31.00 and set a buy rating on the stock in a report on Wednesday, May 29th. Oppenheimer restated an outperform rating and set a $35.00 price target on shares of BOX in a research note on Wednesday, May 29th. StockNews.com upgraded shares of BOX from a buy rating to a strong-buy rating in a report on Thursday, August 15th. Finally, Monness Crespi & Hardt raised shares of BOX to a hold rating in a research report on Friday, August 16th. One research analyst has rated the stock with a sell rating, three have given a hold rating, seven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of Moderate Buy and a consensus price target of $30.33.

BOX Stock Up 0.6 %

BOX stock opened at $28.82 on Wednesday. BOX has a 52 week low of $23.29 and a 52 week high of $30.94. The company’s 50 day moving average price is $26.92 and its two-hundred day moving average price is $27.01. The stock has a market cap of $4.16 billion, a P/E ratio of 39.48 and a beta of 0.86.

BOX (NYSE:BOX) last issued its quarterly earnings results on Tuesday, August 27th. The software maker reported $0.44 EPS for the quarter, topping analysts’ consensus estimates of $0.40 by $0.04. The business had revenue of $270.04 million for the quarter, compared to analyst estimates of $269.52 million. BOX had a negative return on equity of 11.71% and a net margin of 13.13%. BOX’s quarterly revenue was up 3.3% compared to the same quarter last year. During the same period last year, the company posted $0.01 earnings per share. On average, equities analysts anticipate that BOX will post 0.19 EPS for the current year.

Insider Activity at BOX

In other BOX news, CFO Dylan C. Smith sold 13,000 shares of BOX stock in a transaction dated 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 sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In other news, CFO Dylan C. Smith sold 13,000 shares of the company’s stock in a transaction on Friday, August 9th. The stock was sold at an average price of $27.05, for a total transaction of $351,650.00. Following the transaction, the chief financial officer now owns 1,513,661 shares of the company’s stock, valued at approximately $40,944,530.05. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Aaron Levie sold 10,000 shares of the business’s stock in a transaction dated Tuesday, July 2nd. The shares were sold at an average price of $26.26, for a total value of $262,600.00. Following the completion of the sale, the chief executive officer now owns 3,019,155 shares in the company, valued at $79,283,010.30. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 59,560 shares of company stock worth $1,556,440. 4.10% of the stock is owned by company 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.