Analysts rate Box Inc. (BOX:NYE) with a Strong Buy rating and a $34 target

STA Research
by: STA Research

Analysts rate Box Inc. (BOX:NYE) with a consensus Strong Buy rating and an average Box stock price target of $34.50 per share over the next 12 months.

Based on the Box Inc. stock forecast from 5 analysts, the average analyst Box stock price target is USD 34.50 over the next 12 months. Box Inc’s average analyst rating is Strong Buy. Stock Target Advisor’s own stock analysis of Box stock forecast is Neutral, which is based on 3 positive signals and 3 negative signals. At the last closing, Box stock price was USD 29.26Box stock price has changed by -1.36% over the past week, +1.15% over the past month and +14.12% over the last year.

About Box Inc. (BOX:NYE):

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. It offers web, mobile, and desktop applications for cloud content management on a platform for developing custom applications, as well as industry-specific capabilities. As of January 31, 2022, the company had approximately 100,000 paying organizations, and its solution was offered in 25 languages. It serves financial services, health care, government, and legal services industries in the United States and internationally. The company was formerly known as Box.net, Inc. and changed its name to Box, Inc. in November 2011. Box, Inc. was incorporated in 2005 and is headquartered in San Francisco Bay Area, California.

 

What we like:

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

High Gross Profit to Asset Ratio

Box stock is in the top quartile compared to its peers on Gross Profit to Asset Ratio. This is a popular measure among value investors for showing superior returns in the long run.

 

What we don’t like:

Overpriced compared to book value

Box stock price is trading high compared to its peers median on a price to book value basis.

Overpriced on cashflow basis

Box stock price is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Overpriced on free cash flow basis

Box stock price is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

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