Shares of Large-cap finance company BlackRock moved -0.6 this afternoon, and are now trading at $684.95 per share. On the other hand, the average analyst target price for the stock is $818.67.
BlackRock, Inc. is a publicly owned investment manager.
Potential BlackRock Investors Should Analyze the Following:
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BlackRock has moved 14.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 1.91. A number between 0 and 1 could mean that the market is undervaluing BlackRock's estimated growth potential
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Its Price to Book (P/B) ratio is 2.68
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BlackRock currently returns an annual dividend yield of 2.9%.
Understanding BlackRock's Operating Margins
| Date Reported | Total Revenue ($ 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%.
