Press coverage about BOX (NYSE:BOX) has trended somewhat positive on Tuesday, Accern Sentiment Analysis reports. Accern identifies positive and negative media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. BOX earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned headlines about the software maker an impact score of 45.4533600844822 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s scoring:
A number of research firms have recently weighed in on BOX. ValuEngine upgraded shares of BOX from a “buy” rating to a “strong-buy” rating in a research note on Friday, May 11th. Zacks Investment Research lowered shares of BOX from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 15th. Vetr upgraded shares of BOX from a “hold” rating to a “strong-buy” rating and set a $26.97 price objective on the stock in a research note on Tuesday, February 27th. DA Davidson assumed coverage on shares of BOX in a research report on Thursday, February 15th. They set a “buy” rating and a $25.00 price target on the stock. Finally, Monness Crespi & Hardt assumed coverage on shares of BOX in a research report on Wednesday, April 11th. They set a “neutral” rating on the stock. Four analysts have rated the stock with a hold rating, fourteen have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. BOX has a consensus rating of “Buy” and a consensus target price of $24.50.
BOX stock opened at $27.83 on Tuesday. The firm has a market cap of $3.87 billion, a P/E ratio of -23.99 and a beta of 1.12. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 4.48. BOX has a one year low of $17.25 and a one year high of $28.68.
BOX (NYSE:BOX) last released its quarterly earnings results on Wednesday, February 28th. The software maker reported ($0.06) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.08) by $0.02. BOX had a negative net margin of 30.62% and a negative return on equity of 433.21%. The company had revenue of $136.70 million for the quarter, compared to analyst estimates of $136.61 million. During the same quarter last year, the business earned ($0.10) earnings per share. The firm’s revenue was up 24.4% on a year-over-year basis. research analysts predict that BOX will post -1.01 earnings per share for the current year.
In other news, Director Daniel J. Levin sold 100,000 shares of BOX stock in a transaction dated Thursday, March 15th. The shares were sold at an average price of $20.91, for a total value of $2,091,000.00. Following the sale, the director now owns 5,790 shares in the company, valued at $121,068.90. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Daniel J. Levin sold 10,000 shares of BOX stock in a transaction dated Wednesday, March 7th. The shares were sold at an average price of $20.00, for a total transaction of $200,000.00. Following the completion of the sale, the director now owns 5,790 shares in the company, valued at approximately $115,800. The disclosure for this sale can be found here. In the last quarter, insiders sold 352,079 shares of company stock worth $7,859,329. Company insiders own 8.51% of the company’s stock.
BOX Company Profile
Box, Inc provides cloud content management platform that enables organizations of various sizes to manage and share their enterprise content from anywhere or any device. The company's Software-as-a-Service platform enables users to collaborate on content internally and with external parties, automate content-driven business processes, develop custom applications, and implement data protection, security, and compliance features.
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