Boston Properties, Inc. (NYSE: BXP) on Tuesday, plunged -2.06% from the previous trading day, before settling in for the closing price of $59.31. Within the past 52 weeks, BXP’s price has moved between $46.80 and $73.97.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Real Estate sector was 3.95%. The company achieved an average annual earnings per share of 75.43%. With a float of $156.69 million, this company’s outstanding shares have now reached $157.06 million.
Considering the fact that the conglomerate employs 836 people, you should pay attention to its efficiency factor.
Boston Properties, Inc. (BXP) Insider Activity
Observing investor behavior towards REIT – Office industry stocks is more important than anything else. The insider ownership of Boston Properties, Inc. is 0.24%, while institutional ownership is 101.75%. The most recent insider transaction that took place on Mar 06 ’24, was worth 889,149. In this transaction Senior EVP of this company sold 14,150 shares at a rate of $62.84, taking the stock ownership to the 0 shares. Before that another transaction happened on Sep 11 ’23, when Company’s SVP, CLO and Secretary sold 1,000 for $66.43, making the entire transaction worth $66,430. This insider now owns 994 shares in total.
Boston Properties, Inc. (BXP) Earnings and Forecasts
As on 3/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.66 earnings per share (EPS) for the period topping the consensus outlook (set at 0.59) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.54 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 75.43% per share during the next fiscal year.
Boston Properties, Inc. (NYSE: BXP) Trading Performance Indicators
Boston Properties, Inc. (BXP) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.76. Likewise, its price to free cash flow for the trailing twelve months is 11.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.22, a number that is poised to hit 0.48 in the next quarter and is forecasted to reach 1.75 in one year’s time.
Technical Analysis of Boston Properties, Inc. (BXP)
Compared to the last year’s volume of 1.35 million, its volume of 0.92 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 2.50%. Additionally, its Average True Range was 1.80.
During the past 100 days, Boston Properties, Inc.’s (BXP) raw stochastic average was set at 8.10%, which indicates a significant increase from 0.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 25.56% in the past 14 days, which was lower than the 33.37% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.83, while its 200-day Moving Average is $62.63. Nevertheless, the first resistance level for the watch stands at $59.68 in the near term. At $61.27, the stock is likely to face the second major resistance level. The third major resistance level sits at $62.07. If the price goes on to break the first support level at $57.29, it is likely to go to the next support level at $56.49. Should the price break the second support level, the third support level stands at $54.90.
Boston Properties, Inc. (NYSE: BXP) Key Stats
Market capitalization of the company is 9.12 billion based on 157,059K outstanding shares. Right now, sales total 3,274 M and income totals 190,220 K. The company made 839,440 K in profit during its latest quarter, and 79,880 K in sales during its previous quarter.
