More and more people are talking about BlackRock over the last few weeks. Is it worth buying the Capital Markets stock at a price of $665.0? Only time will tell. The information below will give you a basic idea of what this investment may entail:
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BlackRock has moved -13.0% over the last year, and the S&P 500 logged a change of 12.0%
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BLK has an average analyst rating of buy and is -7.43% away from its mean target price of $718.35 per share
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Its trailing earnings per share (EPS) is $23.28
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BlackRock has a trailing 12 month Price to Earnings (P/E) ratio of 28.6 while the S&P 500 average is 15.97
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Its forward earnings per share (EPS) is $35.36 and its forward P/E ratio is 18.8
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The company has a Price to Book (P/B) ratio of 2.56 in contrast to the S&P 500's average ratio of 2.95
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BlackRock is part of the Finance sector, which has an average P/E ratio of 14.34 and an average P/B of 1.57
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BLK has reported YOY quarterly earnings growth of 15.2% and gross profit margins of 0.5%
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The company has a free cash flow of $3.65 Billion, which refers to the total sum of all its inflows and outflows of cash over the last quarter
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BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, public institutions, governments, foundations, charities, sovereign wealth funds, corporations, official institutions, and banks. It also provides global risk management and advisory services. The firm manages separate client-focused equity, fixed income, and balanced portfolios. It also launches and manages open-end and closed-end mutual funds, offshore funds, unit trusts, and alternative investment vehicles including structured funds. The firm launches equity, fixed income, balanced, and real estate mutual funds. It also launches equity, fixed income, balanced, currency, commodity, and multi-asset exchange traded funds. The firm also launches and manages hedge funds. It invests in the public equity, fixed income, real estate, currency, commodity, and alternative markets across the globe. The firm primarily invests in growth and value stocks of small-cap, mid-cap, SMID-cap, large-cap, and multi-cap companies. It also invests in dividend-paying equity securities. The firm invests in investment grade municipal securities, government securities including securities issued or guaranteed by a government or a government agency or instrumentality, corporate bonds, and asset-backed and mortgage-backed securities. It employs fundamental and quantitative analysis with a focus on bottom-up and top-down approach to make its investments. The firm employs liquidity, asset allocation, balanced, real estate, and alternative strategies to make its investments. In real estate sector, it seeks to invest in Poland and Germany. The firm benchmarks the performance of its portfolios against various S&P, Russell, Barclays, MSCI, Citigroup, and Merrill Lynch indices. BlackRock, Inc. was founded in 1988 and is based in New York City with additional offices in Boston, Massachusetts; London, United Kingdom; Gurgaon, India; Hong Kong; Greenwich, Connecticut; Princeton, New Jersey; Edinburgh, United Kingdom; Sydney, Australia; Taipei, Taiwan; Singapore; Sao Paulo, Brazil; Philadelphia, Pennsylvania; Washington, District of Columbia; Toronto, Canada; Wilmington, Delaware; and San Francisco, California.
