Understanding Blackstone Stock – Fundamentals You Need to Know

By Harris Dyer • Wednesday, June 11 09:59 • Permanent Link

Large-cap Finance company Blackstone has moved 1.7% so far today on a volume of 255,332, compared to its average of 4,971,484. In contrast, the S&P 500 index moved 0.0%.

If you are considering an investment in BX, you'll want to know the following:

Blackstone's current price is 392.0% above its Graham number of $29.54, which implies that at its current valuation it does not offer a margin of safety
Blackstone has moved 15.8% over the last year, and the S&P 500 logged a change of 11.4%
Based on its trailing earnings per share of 3.37, Blackstone has a trailing 12 month Price to Earnings (P/E) ratio of 43.1 while the S&P 500 average is 29.3
BX has a forward P/E ratio of 24.9 based on its forward 12 month price to earnings (EPS) of $5.83 per share
Its Price to Book (P/B) ratio is 14.08 compared to its sector average of 1.78
Blackstone Inc. is an alternative asset management firm specializing in private equity, real estate, hedge fund solutions, credit, secondary funds of funds, public debt and equity and multi-asset class strategies.
Based in New York, the company has 4,895 full time employees and a market cap of $176.34 Billion. Blackstone currently returns an annual dividend yield of 2.8%.

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.