Blackstone Inc (NYSE: BX) has a price-to-earnings ratio of 47.88x that is above its average ratio. Additionally, the 36-month beta value for BX is 1.53. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 1 rating it as “overweight,” 15 rating it as “hold,” and 0 rating it as “sell.”
The public float for BX is 714.64M and currently, short sellers hold a 1.74% ratio of that float. The average trading volume of BX on February 04, 2025 was 3.29M shares.
BX) stock’s latest price update
Blackstone Inc (NYSE: BX)’s stock price has decreased by -2.02 compared to its previous closing price of 177.11. However, the company has seen a -4.92% decrease in its stock price over the last five trading sessions. seekingalpha.com reported 2025-02-03 that Blackstone, the world’s largest alternative asset manager, has over $1 trillion in AUM, showcasing its scale and competitive advantage in dynamic sectors. Despite recent mixed earnings results, Blackstone’s diversified investment strategies in real estate, private equity, credit/insurance, and multi-asset investing demonstrate robust growth and resilience. The company’s strong balance sheet, significant cash reserves, and substantial undrawn capital position it well for continued strategic investments and shareholder returns.
BX’s Market Performance
BX’s stock has fallen by -4.92% in the past week, with a monthly rise of 0.65% and a quarterly rise of 1.17%. The volatility ratio for the week is 3.64% while the volatility levels for the last 30 days are 2.62% for Blackstone Inc The simple moving average for the last 20 days is -2.13% for BX stock, with a simple moving average of 16.06% for the last 200 days.
Analysts’ Opinion of BX
Many brokerage firms have already submitted their reports for BX stocks, with Wells Fargo repeating the rating for BX by listing it as a “Equal Weight.” The predicted price for BX in the upcoming period, according to Wells Fargo is $195 based on the research report published on December 12, 2024 of the previous year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see BX reach a price target of $230, previously predicting the price at $149. The rating they have provided for BX stocks is “Buy” according to the report published on December 09th, 2024.
Piper Sandler gave a rating of “Neutral” to BX, setting the target price at $149 in the report published on October 09th of the previous year.
BX Trading at -4.15% from the 50-Day Moving Average
After a stumble in the market that brought BX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.64% of loss for the given period.
Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 3.64%, as shares sank -0.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.17% lower at present.
During the last 5 trading sessions, BX fell by -4.92%, which changed the moving average for the period of 200-days by +42.39% in comparison to the 20-day moving average, which settled at $177.31. In addition, Blackstone Inc saw 0.65% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at BX starting from Blackstone Holdings IV L.P., who sale 335,487 shares at the price of $81.17 back on Dec 12 ’24. After this action, Blackstone Holdings IV L.P. now owns 204,333 shares of Blackstone Inc, valued at $27,233,157 using the latest closing price.
Finley John G, the Chief Legal Officer of Blackstone Inc, sale 42,249 shares at $175.94 during a trade that took place back on Nov 07 ’24, which means that Finley John G is holding 387,137 shares at $7,433,289 based on the most recent closing price.
Stock Fundamentals for BX
Current profitability levels for the company are sitting at:
- 0.45 for the present operating margin
- 0.82 for the gross margin
The net margin for Blackstone Inc stands at 0.26. The total capital return value is set at 0.09. Equity return is now at value 36.95, with 6.63 for asset returns.
Based on Blackstone Inc (BX), the company’s capital structure generated 0.61 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at 1.53. The interest coverage ratio of the stock is 8.58.
Currently, EBITDA for the company is 3.48 billion with net debt to EBITDA at 2.33. When we switch over and look at the enterprise to sales, we see a ratio of 27.93. The receivables turnover for the company is 27.99for trailing twelve months and the total asset turnover is 0.2.
Conclusion
In conclusion, Blackstone Inc (BX) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
