What Are the Fundamentals Of BX?

By Tamara Parker • Sunday, February 25 15:36 • Permanent Link

Blackstone logged a -1.7% change during today's afternoon session, and is now trading at a price of $125.11 per share. The S&P 500 index moved 0.0%. BX's trading volume is 3,380,434 compared to the stock's average volume of 3,793,877.

Blackstone trades -2.97% away from its average analyst target price of $128.94 per share. The 17 analysts following the stock have set target prices ranging from $101.0 to $150.0, and on average have given Blackstone a rating of buy.

Anyone interested in buying BX should be aware of the facts below:

Blackstone's current price is -82.1% below its Graham number of $22.4, which implies the stock has a margin of safety
Blackstone has moved 39.1% over the last year, and the S&P 500 logged a change of 27.8%
Based on its trailing earnings per share of 1.84, Blackstone has a trailing 12 month Price to Earnings (P/E) ratio of 68.0 while the S&P 500 average is 15.97
BX has a forward P/E ratio of 20.3 based on its forward 12 month price to earnings (EPS) of $6.15 per share
The company has a price to earnings growth (PEG) ratio of 1.17 — a number near or below 1 signifying that Blackstone is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 13.2 compared to its sector average of 1.58
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 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.