The share price of The Blackstone Group L.P. [NYSE: BX] inclined by $42.97, presently trading at $43.95. The company’s shares saw 63.50% gains compared to the lowest price in the period of the last 52 weeks, set at $26.88 recorded on 13/06/2019. The last few days have been benevolent to the share price as BX jumped by +7.25% during the last week, even though the stock is still down by -0.11% compared to 2.97 of all time high it touched on 06/13/19. However, the stock had a strong performance during the past 3 months, roughly gaining 11.58%, while additionally gaining 33.91% during the last 12 months. The Blackstone Group L.P. is said to have a 12-month price target set at $45.36. That means that the stock has a strong potential to acquire 1.41% increase from the current trading price.
The Blackstone Group L.P. [NYSE:BX]: Analyst Rating and Earnings
Professional stock traders oftentimes make sure they verify what some leading Wall Street voices have to say about a potential buy. Currently, in relation to The Blackstone Group L.P. [BX], the latest Wall Street average recommendation we can view is from the fiscal quarter that will be ending in the month of December. On average, stock market experts give BX an Outperform rating. Its stock price has been found in the range of 26.88 to 43.28. This is compared to its latest closing price of $42.97.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for The Blackstone Group L.P. [BX] is sitting at 1.64. This is compared to 1 month ago, when its average rating was 1.64.
For the quarter ending in Mar-19 The Blackstone Group L.P. [BX] generated $2.02 billion in sales. That’s 61.19% higher than the average estimate of $1.26 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep on the lookout for this organization’s next scheduled financial results, which are expected to be made public on Thu 18 Jul (In 34 Days).
Fundamental Analysis of The Blackstone Group L.P. [BX]
Now let’s turn to look at profitability: with a current Operating Margin for The Blackstone Group L.P. [BX] sitting at +53.06 and its Gross Margin at +97.44, this company’s Net Margin is now 23.30%. These measurements indicate that The Blackstone Group L.P. [BX] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 12.69, and its Return on Invested Capital has reached 18.40%. Its Return on Equity is 23.69, and its Return on Assets is 4.85. These metrics all suggest that The Blackstone Group L.P. is doing well at using the money it earns to generate returns.
Turning to investigate this organization’s capital structure, The Blackstone Group L.P. [BX] has generated a Total Debt to Total Equity ratio of 160.37. Similarly, its Total Debt to Total Capital is 61.59, while its Total Debt to Total Assets stands at 35.24. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 157.42, and its Long-Term Debt to Total Capital is 60.46. This company is not leveraging its assets to take on debt, which stunts its growth and limits the ROI for investors.
What about valuation? This company’s Enterprise Value to EBITDA is 10.32 and its Total Debt to EBITDA Value is 2.85. The Enterprise Value to Sales for this firm is now 5.46, and its Total Debt to Enterprise Value stands at 0.20. The Blackstone Group L.P. [BX] has a Price to Book Ratio of 5.38, a Price to Cash Flow Ratio of 68.74 and P/E Ratio of 18.17. These metrics show that this company has a mixed appeal, and ROI could be a gain or a loss.
Shifting the focus to workforce efficiency, The Blackstone Group L.P. [BX] earns $2,407,936 for each employee under its payroll. Similarly, this company’s Receivables Turnover is 2.27 and its Total Asset Turnover is 0.20.
The Blackstone Group L.P. [BX] has 1.17B shares outstanding, amounting to a total market cap of $51.34B. Its stock price has been found in the range of 26.88 to 43.28. At its current price, it has moved up by 1.55% from its 52-week high, and it has moved up 63.50% from its 52-week low.
This stock’s Beta value is currently 1.38, which indicates that it is 2.38% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 73.07. This RSI suggests that The Blackstone Group L.P. is currently Overbought.
Conclusion: Is The Blackstone Group L.P. [BX] a Reliable Buy?
Shares of The Blackstone Group L.P. [BX], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.