Here Are Some Essential Facts About Blackstone (BX)

Blackstone moved 0.1% this afternoon session, trading between a high of $94.9 and a low of $92.28 per share. Yesterday the stock finished at $94.22 per share, compared to an average analyst target price of $111.53.

Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies. The large-cap investment managers company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.6%. Blackstone has trailing twelve months earnings per share (EPS) of 1.66, which at today's prices amounts to a price to earnings (P/E) ratio of 56.8.

Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 2.03. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.

Snapshot of Blackstone's Operating Margins:

Date Reported Total Revenue ($ k) Operating Expenses ($ k) Operating Margins (%) YoY Growth (%)
2023-02-24 8,517,673 -1,123,346 28 -63.16
2022-02-25 22,577,148 -928,223 76 76.74
2021-02-26 6,101,927 -724,646 43 -23.21
2020-02-28 7,338,270 -697,146 56 9.8
2019-03-01 6,833,259 -673,359 51 2.0
2018-03-01 7,119,053 -599,103 50

Over the last 6 years, Blackstone's operating margins have averaged 50.7%, which is better than the 18.36% Asset Management industry average. We also note that the company's operating margins have a high coefficient of variability at 31.1%. However the firm's margins are declining at a compounded yearly rate of -9.2%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.