Brokerage Firm Target Review on Box, Inc. (NYSE:BOX)

In the most recent trading session, Box, Inc. (NYSE:BOX) shares saw a move of -3.09%. Covering Wall Street analysts have a consensus target price of $17.78 on the stock. Target predictions might differ vastly from analyst to analyst. This target is applying estimates from analysts polled by Thomson Reuters. 

Sell-side analysts are able to use multiple metrics in order to help calculate target price estimates. A widely used metric is a company’s preice to earnings ratio. This calculation is derived from dividing the current share price by the projected earnings per share. Box, Inc. Class A Common Stock currently has a P/E Ratio of N/A. Investors might also evaluate a company’s PEG or price to earnings growth ratio. The PEG ratio represents the ratio of the price to earnings to the anticipated future growth rate of the company. If a company has a PEG Ratio under one, it may be seen as undervalued. If a company has a PEG Ratio over one, it may represent that the company is overvalued. A PEG Ratio near one may be viewed as fair value. Currently, the company has a PEG Ratio of 0.34.

Looking at stock performance, company shares have recently traded $-0.09 away from the 50-day moving average of $14.84 and $1.70 away from the 200-day moving average of $13.05. The stock has been recently noted -11.09% off of the 52-week high of 16.59 and +67.23% off of the 52-week low of 8.82. Monitoring the stock price relative to moving averages and highs and lows for the year may help evaluate the value of the stock in the future.