Large-cap Finance company Blackstone has moved -0.9% so far today on a volume of 604,116, compared to its average of 3,845,368. In contrast, the S&P 500 index moved -0.0%.
Blackstone trades -2.9% away from its average analyst target price of $181.68 per share. The 19 analysts following the stock have set target prices ranging from $150.0 to $215.0, and on average have given Blackstone a rating of buy.
Anyone interested in buying BX should be aware of the facts below:
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Blackstone's current price is 497.2% above its Graham number of $29.54, which implies that at its current valuation it does not offer a margin of safety
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Blackstone has moved 16.0% over the last year, and the S&P 500 logged a change of 15.5%
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Based on its trailing earnings per share of 3.7, Blackstone has a trailing 12 month Price to Earnings (P/E) ratio of 47.7 while the S&P 500 average is 29.3
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BX has a forward P/E ratio of 30.3 based on its forward 12 month price to earnings (EPS) of $5.83 per share
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Its Price to Book (P/B) ratio is 16.53 compared to its sector average of 1.78
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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.
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Based in New York, the company has 4,895 full time employees and a market cap of $216.66 Billion. Blackstone currently returns an annual dividend yield of 2.4%.
