Fundamentals to Watch About Blackstone (BX)

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:

  • Blackstone has moved 20.0% over the last year.

  • 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

  • Its Price to Book (P/B) ratio is 10.62

  • 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%.

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.