BlackRock moved -0.4% this evening session, trading between a high of $699.48 and a low of $690.06 per share. Yesterday the stock finished at $697.41 per share, compared to an average analyst target price of $818.67.
BlackRock, Inc. is a publicly owned investment manager. The large-cap investment bankers/brokers/service company is based in the United States, and over the last twelve months it has returned a dividend yield of 2.8%. BlackRock has trailing twelve months earnings per share (EPS) of 34.24, which at today's prices amounts to a price to earnings (P/E) ratio of 20.3.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 1.94. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Snapshot of BlackRock's Operating Margins:
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-24 | 17,873,000 | -4,490,000 | 36 | -5.26 |
| 2022-02-25 | 19,374,000 | -4,568,000 | 38 | 8.57 |
| 2021-02-25 | 16,205,000 | -4,406,000 | 35 | -7.89 |
| 2020-02-28 | 14,539,000 | -8,988,000 | 38 | -2.56 |
| 2019-02-28 | 14,198,000 | -8,681,000 | 39 | -7.14 |
| 2018-02-28 | 12,491,000 | -7,219,000 | 42 |
BlackRock's operating margins have averaged 38.0% over the last 6 years, which is significantly higher than the Capital Markets industry average of 0.41%. The firm's margins exhibit a relatively stable growth trend of -2.4%.
