BOX Stock Summary and Trading Ideas (Box Class A | NYSE:BOX)

Box is a cloud-based content services platform that provides cloud-based storage and workflow collaboration services for enterprise customers. The firm was founded in 2005 as a file-sync and sharing provider. More recently, however, the company has focused on bolstering its product portfolio by adding tools such as governance and e-signature to enhance workflow management and collaboration.

Box Class A trades on the NYSE stock market under the symbol BOX.

As of April 18, 2024, BOX stock price climbed to $26.47 with 1,361,657 million shares trading.

BOX has a beta of 0.88, meaning it tends to be less sensitive to market movements. BOX has a correlation of 0.12 to the broad based SPY ETF.

BOX has a market cap of $3.82 billion. This is considered a Mid Cap stock.

Last quarter Box Class A reported $263 million in Revenue and $.42 earnings per share. This fell short of revenue expectation by $-90,000 and exceeded earnings estimates by $.04.

In the last 3 years, BOX stock traded as high as $34.98 and as low as $20.36.

The top ETF exchange traded funds that BOX belongs to (by Net Assets): IJR, VTI, VB, IWM, VXF.

BOX has underperformed the market in the last year with a price return of -4.3% while the SPY ETF gained +22.3%. BOX has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.3% and -4.9%, respectively, while the SPY returned +6.1% and -3.8%, respectively.

BOX support price is $25.92 and resistance is $26.58 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BOX stock will trade within this expected range on the day.