In the latest quarter, 5 analysts provided ratings for Boston Props (NYSE:BXP), showcasing a mix of bullish and bearish perspectives.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 0 | 1 | 4 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 0 | 1 | 0 | 0 | 0 |
| 2M Ago | 0 | 0 | 2 | 0 | 0 |
| 3M Ago | 0 | 0 | 1 | 0 | 0 |
Analysts have recently evaluated Boston Props and provided 12-month price targets. The average target is $69.8, accompanied by a high estimate of $78.00 and a low estimate of $63.00. This current average represents a 1.41% decrease from the previous average price target of $70.80.
Decoding Analyst Ratings: A Detailed Look
A clear picture of Boston Props's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Richard Anderson | Wedbush | Lowers | Neutral | $63.00 | $66.00 |
| John Kim | BMO Capital | Lowers | Outperform | $78.00 | $80.00 |
| Anthony Powell | Barclays | Lowers | Equal-Weight | $66.00 | $67.00 |
| Michael Lewis | Truist Securities | Lowers | Hold | $75.00 | $77.00 |
| Anthony Powell | Barclays | Raises | Equal-Weight | $67.00 | $64.00 |
Key Insights:
- Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Boston Props. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Offering insights into predictions, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Boston Props compared to the broader market.
- Price Targets: Understanding forecasts, analysts offer estimates for Boston Props's future value. Examining the current and prior targets provides insight into analysts' changing expectations.
Capture valuable insights into Boston Props's market standing by understanding these analyst evaluations alongside pertinent financial indicators. Stay informed and make strategic decisions with our Ratings Table.
Stay up to date on Boston Props analyst ratings.
Unveiling the Story Behind Boston Props
Boston Properties owns over 190 properties consisting of approximately 53 million rentable square feet of space. The portfolio is dominated by office buildings and is spread across major cities such as New York, Boston, San Francisco, Los Angeles, Seattle, and the Washington, D.C., region. The real estate investment trust also owns limited retail, hotel, and residential properties.
Boston Props: Financial Performance Dissected
Market Capitalization Analysis: The company's market capitalization is above the industry average, indicating that it is relatively larger in size compared to peers. This may suggest a higher level of investor confidence and market recognition.
Revenue Growth: Over the 3 months period, Boston Props showcased positive performance, achieving a revenue growth rate of 1.27% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. As compared to its peers, the company achieved a growth rate higher than the average among peers in Real Estate sector.
Net Margin: Boston Props's net margin is impressive, surpassing industry averages. With a net margin of 9.52%, the company demonstrates strong profitability and effective cost management.
Return on Equity (ROE): Boston Props's ROE excels beyond industry benchmarks, reaching 1.36%. This signifies robust financial management and efficient use of shareholder equity capital.
Return on Assets (ROA): Boston Props's ROA excels beyond industry benchmarks, reaching 0.31%. This signifies efficient management of assets and strong financial health.
Debt Management: With a high debt-to-equity ratio of 2.76, Boston Props faces challenges in effectively managing its debt levels, indicating potential financial strain.
The Core of Analyst Ratings: What Every Investor Should Know
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Beyond their standard evaluations, some analysts contribute predictions for metrics like growth estimates, earnings, and revenue, furnishing investors with additional guidance. Users of analyst ratings should be mindful that this specialized advice is shaped by human perspectives and may be subject to variability.
This article was generated by Benzinga's automated content engine and reviewed by an editor.