BOX (NYSE:BOX) Releases FY25 Earnings Guidance

BOX (NYSE:BOX) updated its FY25 earnings guidance on Tuesday. The company provided earnings per share guidance of $1.64-1.66 for the period, compared to the consensus earnings per share estimate of $1.59. The company issued revenue guidance of $1.086-1.090 billion, compared to the consensus revenue estimate of $1.08 billion. BOX also updated its FY 2025 guidance to 1.640-1.660 EPS.

BOX Stock Performance

NYSE:BOX traded up $0.16 during midday trading on Tuesday, reaching $28.82. 3,062,756 shares of the stock traded hands, compared to its average volume of 1,879,888. The business has a 50-day moving average of $26.85 and a two-hundred day moving average of $26.99. BOX has a 12-month low of $23.29 and a 12-month high of $30.94. The stock has a market capitalization of $4.16 billion, a PE ratio of 39.48 and a beta of 0.86.

BOX (NYSE:BOX) last posted its quarterly earnings data on Tuesday, May 28th. The software maker reported $0.05 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.03. The firm had revenue of $264.66 million for the quarter, compared to the consensus estimate of $261.65 million. BOX had a net margin of 13.13% and a negative return on equity of 11.71%. Research analysts anticipate that BOX will post 0.19 earnings per share for the current year.

Wall Street Analyst Weigh In

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

Insider Activity

In other BOX news, CFO Dylan C. Smith sold 13,000 shares of BOX stock in a transaction on Friday, August 9th. The shares were sold at an average price of $27.05, for a total value of $351,650.00. Following the completion of the transaction, the chief financial officer now owns 1,513,661 shares of the company’s stock, valued at $40,944,530.05. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In other BOX news, VP Eli Berkovitch sold 2,500 shares of the business’s stock in a transaction that occurred on Tuesday, July 9th. The stock was sold at an average price of $25.25, for a total transaction of $63,125.00. Following the completion of the sale, the vice president now directly owns 147,232 shares in the company, valued at approximately $3,717,608. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CFO Dylan C. Smith sold 13,000 shares of the stock in a transaction on Friday, August 9th. The shares were sold at an average price of $27.05, for a total value of $351,650.00. Following the completion of the transaction, the chief financial officer now directly owns 1,513,661 shares of the company’s stock, valued at $40,944,530.05. The disclosure for this sale can be found here. Insiders sold a total of 59,560 shares of company stock valued at $1,556,440 in the last three months. 4.10% of the stock is currently owned by corporate 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.