Impact of Brokerage Rating on Box, Inc.(BOX)

Many Box, Inc.(BOX) Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock. Box Inc was Initiated by Wells Fargo to Outperform on Jan 11, 2017.

Company has reported several Insider transactions to the SEC, on Jan 9, 2017, Rory Odriscoll (director) sold 640,797 shares at 14.83 per share price.On Oct 13, 2016, Daniel J Levin (President & COO) sold 5,000 shares at 15.32 per share price.On Sep 28, 2016, Jeff Mannie (VP Controller & Chief Acct Ofr) sold 3,756 shares at 14.67 per share price.

Box Inc Last issued its quarterly earnings results on Nov 30, 2016. The company reported $-0.14 EPS for the quarter, beating the analyst consensus estimate by $ 0.05. Analyst had a consensus of $-0.19. The company had revenue of $102.80 million for the quarter, compared to analysts expectations of $100.60 million. The companys revenue was up 30.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $-0.31 EPS.

Box, Inc. (NYSE:BOX) has received a short term rating of hold from experts at Zacks with a rank of 3. The stock has been rated an average of 2 by 10 Brokerage Firm. 5 Wall Street Firms have rated the stock as a strong buys. 5 Brokerage Firms have advised hold.

Box, Inc. (NYSE:BOX): 9 Brokerage firm Analysts have agreed with the mean estimate for the short term price target of $17.67 in Box, Inc. (NYSE:BOX). However, the stock price could fluctuate by $ 2.69 from the estimate as it is suggested by the standard deviation reading. The higher estimate has been put at $22 price target with the lower price estimate is calculated at $14

Box, Inc. (NYSE:BOX) witnessed a decline in the market cap on Tuesday as its shares dropped 0.16% or 0.03 points. After the session commenced at $18.24, the stock reached the higher end at $18.36 while it hit a low of $18.02. With the volume soaring to 1,194,192 shares, the last trade was called at $18.19. The company has a 52-week high of $18.36. The company has a market cap of $2,358 million and there are 129,651,010 shares in outstanding. The 52-week low of the share price is $9.82.

Box, Inc. is a provider of a cloud -based product platform. Its solution include Box OneCloud, FTP alternative, document management, executive boardroom, project management, virtual data room, marketing asset management, sales portal and secure enterprise mobility. The companys platform offers content management and collaboration, storing, sharing and managing files. It serves advertising, construction, consumer packaged goods, education, energy, financial services and insurance, government, healthcare and life sciences, high tech, legal, manufacturing, media and entertainment as well as retail industry. Box, Inc. is headquartered in Los Altos, California.


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