Blackstone Inc (BX): Uncovering A True Diamond In The Rough

Blackstone Inc (NYSE:BX) currently has a daily average trading volume of 3.26M but it saw 3167134 shares traded in last market. With a market cap of 202.13B USD, the company’s current market price of $166.92 came falling about -0.94 while comparing to the previous closing price of $168.50. In past 52 weeks, the stock remained buoying in the range of price level as high as $175.94 and as low as $87.55. In the recent trading on the day, stock has struck highest price mark of $165.04 while lowest mark touched by it was $170.37.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Piper Sandler which downgraded the stock as “Neutral” in its note to investors issued on October 09, 2024, recommending a price target of $149 for it. Redburn Atlantic issued its recommendations for the stock as it initiated the price target for the stock is $134.

Over the week, BX’s stock price is moving 4.51% up while it is 5.95% when we observe its performance for the past one month. Year-to-date it is 29.01% up and over the past year, the stock is showing an upside performance of 82.87%.

Currently, Blackstone Inc’s total number of outstanding shares is 719.36M. Company’s return on investment (ROI) stands at 11.77% and return on equity (ROE) at 31.46%. It has a price to earnings ratio (P/E ratio) of 57.38 while having a 28.87 of forward P/E ratio. Stock’s beta reads 1.50. Stock has a price to book (P/B) ratio of 29.10 while price to sale or P/S ratio amounts to 17.27. Its return on asset (ROA) is 5.28% on average.