Shares of Large-cap finance company Blackstone moved 1.7 this afternoon, and are now trading at $106.73 per share. On the other hand, the average analyst target price for the stock is $105.88.
Blackstone Inc. is an alternative asset management firm specializing in real estate, private equity, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies.
Potential Blackstone Investors Should Analyze the Following:
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Blackstone has moved 20.0% over the last year.
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The company has a price to earnings growth (PEG) ratio of 2.73. A number between 0 and 1 could mean that the market is undervaluing Blackstone's estimated growth potential
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Its Price to Book (P/B) ratio is 10.62
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Blackstone currently returns an annual dividend yield of 3.2%.
Understanding Blackstone's Operating Margins
| Date Reported | Total Revenue ($ k) | Operating Expenses ($ k) | Operating Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023 | 6,958,709 | 4,696,545 | 34 | -17.07 |
| 2022 | 8,517,673 | 4,973,025 | 41 | -31.67 |
| 2021 | 22,577,148 | 9,476,617 | 60 | 39.53 |
| 2020 | 6,101,927 | 3,479,566 | 43 | -17.31 |
| 2019 | 7,338,270 | 3,964,651 | 52 | 1.96 |
| 2018 | 6,833,259 | 3,512,040 | 51 |
Over the last 6 years, Blackstone's operating margins have averaged 46.8%, 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 58.9%. However the firm's margins are declining at a compounded yearly rate of -6.4%.
