BXP Inc (NYSE: BXP): An Enticing Stock To Watch

BXP Inc (NYSE:BXP) shares, rose in value on Friday, December 13, with the stock price down by -0.01% to the previous day’s close as strong demand from buyers drove the stock to $79.93.

Actively observing the price movement in the last trading, the stock closed the session at $79.94, falling within a range of $78.67 and $80.11. The value of beta (5-year monthly) was 1.195 whereas the PE ratio was 34.67 over 12-month period. Referring to stock’s 52-week performance, its high was $90.11, and the low was $56.46. On the whole, BXP has fluctuated by 0.68% over the past month.

With the market capitalization of BXP Inc currently standing at about $26.54 billion, investors are eagerly awaiting this quarter’s results, scheduled for in January. The company’s Forward Dividend Ratio is 3.92, with its dividend yield at 4.90%.

Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.37B, with a low estimate of 841.66M and a high estimate of 851.34M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 848.33M.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that BXP’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.

The stock’s technical analysis shows that the PEG ratio is about 31.52, with the price of BXP currently trading nearly -0.83% and -2.94% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.67, while the 7-day volatility ratio is showing 2.65% which for the 30-day chart, stands at 2.21%. Furthermore, BXP Inc (BXP)’s beta value is 1.19, and its average true range (ATR) is 1.93.

A comparison of BXP Inc (BXP) with its peers suggests the former has fared considerably weaker in the market. BXP showed an intraday change of -0.01% in last session, and over the past year, it grew by 17.39%%.

Data on historical trading for BXP Inc (NYSE:BXP) indicates that the trading volumes over the past 10 days have averaged 1.01 and over the past 3 months, they’ve averaged 1.17 million. According to company’s latest data on outstanding shares, there are 157.98 million shares outstanding.

Nearly 0.25% of BXP Inc’s shares belong to company insiders and institutional investors own 102.96% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 6.8 million shares as on 2024-11-29, resulting in a short ratio of 5.05. According to the data, the short interest in BXP Inc (BXP) stood at 587.00 of shares outstanding as of 2024-11-29; the number of short shares registered in 2024-10-31 reached 5.88 million. The stock has risen by 13.91% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BXP stock heading into the next quarter.

Most Popular