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 (%)|
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%.